Captrust Financial Advisors boosted its position in shares of Williams-Sonoma, Inc. (NYSE:WSM – Free Report) by 3.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 874,376 shares of the specialty retailer’s stock after buying an additional 27,254 shares during the period. Captrust Financial Advisors’ holdings in Williams-Sonoma were worth $156,155,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of WSM. State Street Corp grew its position in shares of Williams-Sonoma by 2.5% in the third quarter. State Street Corp now owns 6,139,477 shares of the specialty retailer’s stock valued at $1,199,961,000 after purchasing an additional 147,780 shares in the last quarter. First Trust Advisors LP grew its position in shares of Williams-Sonoma by 7.5% in the fourth quarter. First Trust Advisors LP now owns 2,440,452 shares of the specialty retailer’s stock valued at $435,840,000 after purchasing an additional 170,991 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Williams-Sonoma by 7.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,919,466 shares of the specialty retailer’s stock valued at $342,797,000 after purchasing an additional 130,940 shares in the last quarter. Norges Bank purchased a new stake in shares of Williams-Sonoma in the fourth quarter valued at approximately $316,920,000. Finally, Boston Partners purchased a new stake in shares of Williams-Sonoma in the third quarter valued at approximately $254,778,000. 99.29% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, CEO Laura Alber sold 20,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $172.61, for a total transaction of $3,452,200.00. Following the completion of the transaction, the chief executive officer directly owned 938,524 shares in the company, valued at $161,998,627.64. This trade represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeffrey Howie sold 32,684 shares of the firm’s stock in a transaction on Thursday, March 26th. The stock was sold at an average price of $180.64, for a total value of $5,904,037.76. Following the transaction, the chief financial officer owned 34,138 shares of the company’s stock, valued at approximately $6,166,688.32. This represents a 48.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 88,004 shares of company stock worth $16,420,107. Company insiders own 1.10% of the company’s stock.
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on Williams-Sonoma
Williams-Sonoma Stock Performance
Shares of Williams-Sonoma stock opened at $227.61 on Wednesday. The firm has a market capitalization of $26.80 billion, a price-to-earnings ratio of 25.49, a PEG ratio of 2.42 and a beta of 1.51. Williams-Sonoma, Inc. has a fifty-two week low of $154.11 and a fifty-two week high of $230.95. The stock has a 50 day moving average of $193.58 and a 200 day moving average of $194.48.
Williams-Sonoma (NYSE:WSM – Get Free Report) last issued 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. The company had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.80 billion. Williams-Sonoma had a return on equity of 53.29% and a net margin of 13.81%.The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.85 earnings per share. Analysts forecast that Williams-Sonoma, Inc. will post 9.49 EPS for the current 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 $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, July 17th. Williams-Sonoma’s dividend payout ratio is presently 29.56%.
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.
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