Natixis Advisors LLC Has $6.25 Million Stock Position in Williams-Sonoma, Inc. $WSM

Natixis Advisors LLC grew its stake in shares of Williams-Sonoma, Inc. (NYSE:WSMFree Report) by 25.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 34,999 shares of the specialty retailer’s stock after buying an additional 7,155 shares during the quarter. Natixis Advisors LLC’s holdings in Williams-Sonoma were worth $6,250,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of WSM. Atlantic Union Bankshares Corp grew its stake in shares of Williams-Sonoma by 51.5% during the fourth quarter. Atlantic Union Bankshares Corp now owns 147 shares of the specialty retailer’s stock worth $26,000 after buying an additional 50 shares during the last quarter. Triumph Capital Management bought a new stake in Williams-Sonoma during the 3rd quarter worth $37,000. Cary Street Partners Investment Advisory LLC grew its position in Williams-Sonoma by 66.7% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 220 shares of the specialty retailer’s stock worth $43,000 after acquiring an additional 88 shares during the last quarter. Zions Bancorporation National Association UT grew its position in Williams-Sonoma by 760.0% during the 3rd quarter. Zions Bancorporation National Association UT now owns 258 shares of the specialty retailer’s stock worth $50,000 after acquiring an additional 228 shares during the last quarter. Finally, Sentry Investment Management LLC grew its position in Williams-Sonoma by 25.1% during the 3rd quarter. Sentry Investment Management LLC now owns 274 shares of the specialty retailer’s stock worth $52,000 after acquiring an additional 55 shares during the last quarter. Institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Stock Down 1.3%

NYSE WSM opened at $202.28 on Tuesday. The company has a market capitalization of $23.82 billion, a price-to-earnings ratio of 22.65, a PEG ratio of 2.42 and a beta of 1.51. Williams-Sonoma, Inc. has a twelve month low of $152.20 and a twelve month high of $222.00. The stock has a fifty day simple moving average of $188.83 and a 200 day simple moving average of $192.70.

Williams-Sonoma (NYSE:WSMGet Free Report) last posted its quarterly earnings data on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.13. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.80 billion. Williams-Sonoma had a return on equity of 53.29% and a net margin of 13.81%.Williams-Sonoma’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.85 earnings per share. Research analysts expect that Williams-Sonoma, Inc. will post 9.34 earnings per share for the current fiscal year.

Williams-Sonoma Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, April 17th were issued a $0.76 dividend. The ex-dividend date was Friday, April 17th. This is a positive change from Williams-Sonoma’s previous quarterly dividend of $0.66. This represents a $3.04 dividend on an annualized basis and a yield of 1.5%. Williams-Sonoma’s dividend payout ratio (DPR) is currently 29.56%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on WSM shares. Argus set a $230.00 price objective on Williams-Sonoma in a research report on Friday, May 29th. Telsey Advisory Group restated an “outperform” rating and set a $225.00 price objective (up from $220.00) on shares of Williams-Sonoma in a research report on Friday, May 22nd. Evercore set a $200.00 price objective on Williams-Sonoma in a research report on Tuesday, April 14th. Robert W. Baird reduced their price objective on Williams-Sonoma from $235.00 to $225.00 and set an “outperform” rating on the stock in a research report on Thursday, March 19th. Finally, The Goldman Sachs Group upgraded Williams-Sonoma from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $185.00 to $218.00 in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $209.06.

Read Our Latest Report on Williams-Sonoma

Insider Activity at Williams-Sonoma

In related news, CEO Laura Alber sold 15,000 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $200.00, for a total value of $3,000,000.00. Following the completion of the sale, the chief executive officer directly owned 923,524 shares in the company, valued at $184,704,800. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Karalyn Yearout sold 2,267 shares of the stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $192.49, for a total value of $436,374.83. Following the completion of the sale, the executive vice president owned 23,351 shares of the company’s stock, valued at $4,494,833.99. The trade was a 8.85% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 106,370 shares of company stock worth $19,720,823 over the last three months. Company insiders own 1.10% of the company’s stock.

About Williams-Sonoma

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Williams-Sonoma (NYSE:WSM)

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