Williams-Sonoma, Inc. $WSM Stock Holdings Lifted by Sienna Gestion

Sienna Gestion raised its position in Williams-Sonoma, Inc. (NYSE:WSM) by 12.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,725 shares of the specialty retailer’s stock after purchasing an additional 6,074 shares during the quarter. Sienna Gestion’s holdings in Williams-Sonoma were worth $9,697,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of WSM. Caitong International Asset Management Co. Ltd purchased a new position in Williams-Sonoma in the fourth quarter valued at about $25,000. Atlantic Union Bankshares Corp grew its stake in Williams-Sonoma by 51.5% in the fourth quarter. Atlantic Union Bankshares Corp now owns 147 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 50 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its stake in Williams-Sonoma by 81.8% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 200 shares of the specialty retailer’s stock valued at $36,000 after purchasing an additional 90 shares in the last quarter. Triumph Capital Management purchased a new position in Williams-Sonoma in the third quarter valued at about $37,000. Finally, Cary Street Partners Investment Advisory LLC grew its stake in Williams-Sonoma by 66.7% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 220 shares of the specialty retailer’s stock valued at $43,000 after purchasing an additional 88 shares in the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Stock Performance

NYSE WSM opened at $222.85 on Tuesday. Williams-Sonoma, Inc. has a twelve month low of $154.11 and a twelve month high of $230.50. The stock has a market capitalization of $26.24 billion, a PE ratio of 24.96, a P/E/G ratio of 2.38 and a beta of 1.51. The stock has a 50-day simple moving average of $192.64 and a 200 day simple moving average of $194.15.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings data on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.13. Williams-Sonoma had a return on equity of 53.29% and a net margin of 13.81%.The business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.80 billion. During the same quarter in the previous year, the firm earned $1.85 EPS. The firm’s revenue was up 4.4% compared to the same quarter last year. As a group, equities research analysts forecast that Williams-Sonoma, Inc. will post 9.37 EPS for the current fiscal year.

Williams-Sonoma Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Friday, July 17th will be given a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, July 17th. Williams-Sonoma’s payout ratio is currently 29.56%.

Analysts Set New Price Targets

A number of brokerages have commented on WSM. Argus set a $230.00 target price on Williams-Sonoma in a research note on Friday, May 29th. Telsey Advisory Group reiterated an “outperform” rating and set a $225.00 price target (up from $220.00) on shares of Williams-Sonoma in a research note on Friday, May 22nd. Wells Fargo & Company set a $190.00 price target on Williams-Sonoma and gave the stock an “equal weight” rating in a research note on Friday, May 22nd. Bank of America began coverage on Williams-Sonoma in a research note on Friday. They set a “buy” rating and a $250.00 price target for the company. Finally, The Goldman Sachs Group upgraded Williams-Sonoma from a “neutral” rating to a “buy” rating and upped their price target for the stock from $185.00 to $218.00 in a research note on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $211.47.

Insider Buying and Selling

In related news, CFO Jeffrey Howie sold 32,684 shares of the business’s stock in a transaction dated Thursday, March 26th. The stock was sold at an average price of $180.64, for a total transaction of $5,904,037.76. Following the completion of the transaction, the chief financial officer owned 34,138 shares of the company’s stock, valued at approximately $6,166,688.32. The trade was a 48.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Laura Alber sold 20,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $172.61, for a total value of $3,452,200.00. Following the transaction, the chief executive officer directly owned 938,524 shares of the company’s stock, valued at $161,998,627.64. This represents a 2.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 86,892 shares of company stock valued at $16,166,026. Insiders own 1.10% of the company’s stock.

Williams-Sonoma Company Profile

Williams‑Sonoma, Inc is a specialty retailer focused on the home and culinary markets, best known for premium cookware, kitchen tools and home furnishings. The company traces its roots to a single cookware store founded by Chuck Williams in 1956 in Sonoma, California, and has evolved into a multi‑brand home furnishings and housewares business. Its merchandise mix spans cookware and kitchen electrics, tabletop and food prep items, furniture, bedding, lighting and decorative accessories designed for both everyday use and higher‑end interiors.

The company operates a portfolio of consumer brands that target distinct segments of the home market.