Williams-Sonoma, Inc. $WSM Stock Holdings Lowered by Systematic Financial Management LP

Systematic Financial Management LP cut its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSMFree Report) by 2.0% in the 1st quarter, Holdings Channel reports. The firm owned 164,521 shares of the specialty retailer’s stock after selling 3,326 shares during the period. Systematic Financial Management LP’s holdings in Williams-Sonoma were worth $29,997,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in WSM. State Street Corp increased its holdings 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 buying an additional 147,780 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Williams-Sonoma by 9.2% during the 1st quarter. First Trust Advisors LP now owns 2,664,580 shares of the specialty retailer’s stock valued at $485,833,000 after acquiring an additional 224,128 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Williams-Sonoma by 7.3% during the 4th 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 worth $342,797,000 after acquiring an additional 130,940 shares in the last quarter. Norges Bank bought a new stake in shares of Williams-Sonoma during the 4th quarter worth $316,920,000. Finally, Invesco Ltd. grew its holdings in shares of Williams-Sonoma by 5.5% in the 4th quarter. Invesco Ltd. now owns 1,661,365 shares of the specialty retailer’s stock worth $296,703,000 after acquiring an additional 86,807 shares during the last quarter. 99.29% of the stock is currently owned by institutional investors.

Insider Activity

In other Williams-Sonoma news, EVP Karalyn Yearout sold 1,112 shares of Williams-Sonoma stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $228.49, for a total transaction of $254,080.88. Following the transaction, the executive vice president owned 21,717 shares of the company’s stock, valued at $4,962,117.33. The trade was a 4.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Laura Alber sold 15,000 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $200.00, for a total value of $3,000,000.00. Following the completion of the transaction, the chief executive officer owned 923,524 shares in the company, valued at $184,704,800. This represents a 1.60% decrease in their position. 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. Over the last three months, insiders sold 36,634 shares of company stock valued at $6,812,283. Company insiders own 1.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. KeyCorp boosted their target price on Williams-Sonoma from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 7th. Bank of America initiated coverage on Williams-Sonoma in a research report on Friday, June 12th. They issued a “buy” rating and a $250.00 price target for the company. Telsey Advisory Group reissued an “outperform” rating and issued a $225.00 price target (up from $220.00) on shares of Williams-Sonoma in a research note on Friday, May 22nd. Evercore set a $200.00 price objective on Williams-Sonoma in a report on Tuesday, April 14th. Finally, Argus set a $230.00 price objective on shares of Williams-Sonoma in a research note on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $213.12.

Check Out Our Latest Report on Williams-Sonoma

Williams-Sonoma Stock Performance

NYSE WSM opened at $218.33 on Friday. The firm’s 50 day moving average price is $214.63 and its two-hundred day moving average price is $202.46. Williams-Sonoma, Inc. has a twelve month low of $165.51 and a twelve month high of $244.65. The stock has a market cap of $25.71 billion, a price-to-earnings ratio of 24.45, a PEG ratio of 2.44 and a beta of 1.49.

Williams-Sonoma (NYSE:WSMGet Free Report) last released its earnings results on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.85 earnings per share. On average, research analysts forecast that Williams-Sonoma, Inc. will post 9.39 EPS for the current fiscal year.

Williams-Sonoma Dividend Announcement

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 paid a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, July 17th. Williams-Sonoma’s dividend payout ratio is currently 34.04%.

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.

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

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