23,561 Shares in Williams-Sonoma, Inc. $WSM Purchased by Munich Reinsurance Co Stock Corp in Munich

Key Points

• Munich Re acquired a new stake of 23,561 shares of Williams‑Sonoma in Q3, valued at approximately $4.6 million.
• Williams‑Sonoma stock was trading down 3.5%, opening at $186.77 with a 52‑week range of $130.07–$222.00, a market cap of $22.3B and a PE of 20.55; the company pays a quarterly dividend of $0.66 (annualized $2.64, yield ~1.4%).
• Analysts hold a consensus rating of “Moderate Buy” with an average target of $203.22, while institutional ownership is very high (~99%) and insiders have been selling shares—CEO Laura Alber sold 35,000 shares and an EVP sold 767 shares recently.

Munich Reinsurance Co Stock Corp in Munich acquired a new stake in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 23,561 shares of the specialty retailer's stock, valued at approximately $4,605,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. True Wealth Design LLC increased its stake in shares of Williams-Sonoma by 111.8% in the third quarter. True Wealth Design LLC now owns 144 shares of the specialty retailer's stock valued at $28,000 after purchasing an additional 76 shares during the period. Vermillion & White Wealth Management Group LLC boosted its position in shares of Williams-Sonoma by 130.8% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 180 shares of the specialty retailer's stock worth $29,000 after buying an additional 102 shares during the period. Cary Street Partners Investment Advisory LLC grew its holdings in Williams-Sonoma by 66.7% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 220 shares of the specialty retailer's stock worth $43,000 after buying an additional 88 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in Williams-Sonoma by 57.2% in the 3rd quarter. Parkside Financial Bank & Trust now owns 228 shares of the specialty retailer's stock worth $45,000 after buying an additional 83 shares in the last quarter. Finally, Root Financial Partners LLC acquired a new stake in Williams-Sonoma in the 3rd quarter valued at approximately $48,000. 99.29% of the stock is owned by institutional investors and hedge funds.

Williams-Sonoma Trading Down 3.5%

Shares of Williams-Sonoma stock opened at $186.77 on Friday. Williams-Sonoma, Inc. has a 52 week low of $130.07 and a 52 week high of $222.00. The stock has a market cap of $22.30 billion, a PE ratio of 20.55, a price-to-earnings-growth ratio of 2.79 and a beta of 1.64. The company's 50-day moving average price is $204.80 and its two-hundred day moving average price is $195.68.

Williams-Sonoma Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, January 16th were issued a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Friday, January 16th. Williams-Sonoma's payout ratio is presently 29.04%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Royal Bank Of Canada set a $206.00 price target on Williams-Sonoma and gave the stock an "outperform" rating in a research report on Friday, November 21st. Zelman & Associates raised Williams-Sonoma from an "underperform" rating to a "neutral" rating and set a $205.00 price target on the stock in a report on Thursday, January 29th. Evercore set a $215.00 price objective on shares of Williams-Sonoma in a research note on Tuesday, February 10th. TD Cowen reaffirmed a "buy" rating and issued a $245.00 price objective (up from $210.00) on shares of Williams-Sonoma in a report on Tuesday, January 20th. Finally, Citigroup increased their target price on shares of Williams-Sonoma from $188.00 to $208.00 and gave the company a "neutral" rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Williams-Sonoma currently has a consensus rating of "Moderate Buy" and an average target price of $203.22.

Insider Activity at Williams-Sonoma

In other Williams-Sonoma news, EVP Karalyn Yearout sold 767 shares of Williams-Sonoma stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $205.16, for a total value of $157,357.72. Following the transaction, the executive vice president owned 13,236 shares in the company, valued at approximately $2,715,497.76. The trade was a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Laura Alber sold 35,000 shares of the company's stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $207.39, for a total value of $7,258,650.00. Following the completion of the transaction, the chief executive officer directly owned 806,537 shares in the company, valued at $167,267,708.43. This represents a 4.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is owned by corporate insiders.

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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