1,607 Shares in Williams-Sonoma, Inc. $WSM Acquired by Focus Partners Advisor Solutions LLC

Key Points

• Focus Partners Advisor Solutions LLC acquired 1,607 shares of Williams-Sonoma, valued at approximately $254,000, marking a significant entry into the company during the first quarter.
• Insider trading activity included CEO Laura Alber selling 30,000 shares for over $5 million, while CFO Jeffrey Howie sold 4,000 shares totaling about $675,840.
• Williams-Sonoma reported a Q2 earnings per share of $2.00, surpassing market expectations, with a revenue of $1.84 billion, marking a year-over-year increase of 2.7%.

Focus Partners Advisor Solutions LLC purchased a new position in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,607 shares of the specialty retailer's stock, valued at approximately $254,000.

A number of other large investors have also added to or reduced their stakes in the stock. Quarry LP boosted its holdings in shares of Williams-Sonoma by 99.0% in the 1st quarter. Quarry LP now owns 199 shares of the specialty retailer's stock valued at $31,000 after purchasing an additional 99 shares in the last quarter. Sentry Investment Management LLC acquired a new stake in shares of Williams-Sonoma in the 1st quarter valued at $32,000. Costello Asset Management INC acquired a new stake in shares of Williams-Sonoma in the 1st quarter valued at $32,000. SOA Wealth Advisors LLC. acquired a new stake in shares of Williams-Sonoma in the 1st quarter valued at $33,000. Finally, Wayfinding Financial LLC acquired a new stake in shares of Williams-Sonoma in the 1st quarter valued at $35,000. Institutional investors and hedge funds own 99.29% of the company's stock.

Insider Transactions at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 30,000 shares of Williams-Sonoma stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $168.18, for a total transaction of $5,045,400.00. Following the completion of the transaction, the chief executive officer owned 966,927 shares in the company, valued at approximately $162,617,782.86. The trade was a 3.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jeffrey Howie sold 4,000 shares of Williams-Sonoma stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $168.96, for a total value of $675,840.00. Following the transaction, the chief financial officer owned 34,388 shares of the company's stock, valued at $5,810,196.48. This trade represents a 10.42% decrease in their position. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by insiders.

Williams-Sonoma Price Performance

Shares of WSM opened at $202.34 on Monday. The stock has a 50-day moving average of $187.40 and a 200-day moving average of $171.27. The company has a market cap of $24.64 billion, a PE ratio of 22.26, a P/E/G ratio of 3.27 and a beta of 1.52. Williams-Sonoma, Inc. has a one year low of $125.33 and a one year high of $219.98.

Williams-Sonoma (NYSE:WSM - Get Free Report) last issued its earnings results on Wednesday, August 27th. The specialty retailer reported $2.00 EPS for the quarter, beating the consensus estimate of $1.79 by $0.21. The company had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.82 billion. Williams-Sonoma had a return on equity of 54.47% and a net margin of 14.54%.The firm's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the business posted $1.74 EPS. Williams-Sonoma has set its FY 2025 guidance at EPS. Analysts expect that Williams-Sonoma, Inc. will post 8.36 EPS for the current fiscal year.

Williams-Sonoma Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Shareholders of record on Friday, July 18th were paid a dividend of $0.66 per share. The ex-dividend date was Friday, July 18th. This represents a $2.64 dividend on an annualized basis and a yield of 1.3%. Williams-Sonoma's payout ratio is 29.04%.

Wall Street Analyst Weigh In

WSM has been the topic of a number of research analyst reports. Barclays set a $166.00 target price on Williams-Sonoma and gave the company an "equal weight" rating in a report on Monday, May 19th. Zelman & Associates assumed coverage on Williams-Sonoma in a research note on Thursday, May 15th. They issued an "underperform" rating for the company. KeyCorp raised their target price on Williams-Sonoma from $181.00 to $230.00 and gave the stock an "overweight" rating in a research report on Monday, August 25th. Wells Fargo & Company raised their target price on Williams-Sonoma from $170.00 to $190.00 and gave the stock an "equal weight" rating in a research report on Monday, August 25th. Finally, UBS Group set a $200.00 price target on Williams-Sonoma in a report on Thursday, August 28th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Williams-Sonoma has an average rating of "Moderate Buy" and a consensus target price of $199.11.

Williams-Sonoma 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.

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