Intech Investment Management LLC Has $1.03 Million Stake in Williams-Sonoma, Inc. $WSM

Intech Investment Management LLC reduced its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 17.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,327 shares of the specialty retailer’s stock after selling 1,340 shares during the period. Intech Investment Management LLC’s holdings in Williams-Sonoma were worth $1,034,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of WSM. Cetera Investment Advisers lifted its stake in shares of Williams-Sonoma by 157.9% in the 2nd quarter. Cetera Investment Advisers now owns 38,891 shares of the specialty retailer’s stock valued at $6,354,000 after purchasing an additional 23,811 shares during the period. Creative Planning increased its holdings in Williams-Sonoma by 9.9% in the second quarter. Creative Planning now owns 33,030 shares of the specialty retailer’s stock valued at $5,396,000 after purchasing an additional 2,966 shares during the last quarter. SG Americas Securities LLC lifted its stake in Williams-Sonoma by 1,705.3% in the second quarter. SG Americas Securities LLC now owns 118,371 shares of the specialty retailer’s stock valued at $19,338,000 after buying an additional 111,814 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Williams-Sonoma by 7.1% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 30,152 shares of the specialty retailer’s stock worth $4,926,000 after buying an additional 2,001 shares during the last quarter. Finally, Advisors Capital Management LLC grew its position in shares of Williams-Sonoma by 1.7% during the 2nd quarter. Advisors Capital Management LLC now owns 239,884 shares of the specialty retailer’s stock worth $39,190,000 after buying an additional 3,955 shares during the period. Institutional investors and hedge funds own 99.29% of the company’s stock.

Williams-Sonoma Trading Down 2.2%

Shares of NYSE WSM opened at $174.03 on Tuesday. The firm has a market cap of $21.19 billion, a PE ratio of 19.14, a PEG ratio of 3.16 and a beta of 1.56. Williams-Sonoma, Inc. has a 1-year low of $130.07 and a 1-year high of $219.98. The company has a fifty day moving average price of $191.36 and a 200 day moving average price of $183.05.

Williams-Sonoma (NYSE:WSM) last released its quarterly earnings results on Wednesday, November 19th. The specialty retailer reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.09. The firm had revenue of $1.88 billion for the quarter, compared to the consensus estimate of $1.86 billion. Williams-Sonoma had a return on equity of 54.47% and a net margin of 14.54%.The company’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter last year, the business posted $1.96 EPS. Williams-Sonoma has set its FY 2025 guidance at EPS. Equities research analysts forecast that Williams-Sonoma, Inc. will post 8.36 EPS for the current year.

Williams-Sonoma Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Friday, October 17th were paid a $0.66 dividend. The ex-dividend date was Friday, October 17th. This represents a $2.64 annualized dividend and a yield of 1.5%. Williams-Sonoma’s payout ratio is presently 29.04%.

Insider Transactions at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 90,000 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $200.17, for a total transaction of $18,015,300.00. Following the completion of the transaction, the chief executive officer owned 876,927 shares of the company’s stock, valued at $175,534,477.59. This represents a 9.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP David Randolph King sold 17,500 shares of Williams-Sonoma stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $203.60, for a total transaction of $3,563,000.00. Following the completion of the sale, the executive vice president owned 98,560 shares in the company, valued at $20,066,816. This trade represents a 15.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 114,153 shares of company stock worth $22,901,008. Insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on WSM shares. Argus set a $212.00 price target on shares of Williams-Sonoma in a research report on Tuesday, September 2nd. Morgan Stanley lifted their price target on shares of Williams-Sonoma from $185.00 to $200.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 28th. Citigroup dropped their price objective on Williams-Sonoma from $202.00 to $188.00 and set a “neutral” rating on the stock in a research note on Thursday, November 20th. KeyCorp boosted their target price on Williams-Sonoma from $181.00 to $230.00 and gave the company an “overweight” rating in a research note on Monday, August 25th. Finally, Royal Bank Of Canada set a $206.00 price target on Williams-Sonoma and gave the stock an “outperform” rating in a report on Friday. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Williams-Sonoma has an average rating of “Moderate Buy” and an average target price of $199.00.

Williams-Sonoma Company Profile

Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand.