33,634 Shares in Williams-Sonoma, Inc. $WSM Purchased by B & T Capital Management DBA Alpha Capital Management

B & T Capital Management DBA Alpha Capital Management purchased a new position in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 33,634 shares of the specialty retailer's stock, valued at approximately $7,840,000. Williams-Sonoma comprises approximately 1.0% of B & T Capital Management DBA Alpha Capital Management's holdings, making the stock its 26th largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in WSM. BlackRock Inc. acquired a new stake in shares of Williams-Sonoma in the second quarter worth approximately $2,656,062,000. Aristotle Capital Management LLC raised its stake in Williams-Sonoma by 22.0% during the first quarter. Aristotle Capital Management LLC now owns 11,140,471 shares of the specialty retailer's stock worth $2,031,242,000 after purchasing an additional 2,009,032 shares during the period. State Street Corp raised its stake in Williams-Sonoma by 2.5% during the third quarter. State Street Corp now owns 6,139,477 shares of the specialty retailer's stock worth $1,199,961,000 after purchasing an additional 147,780 shares during the period. First Trust Advisors LP boosted its holdings in shares of Williams-Sonoma by 9.2% in 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 purchasing an additional 224,128 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Williams-Sonoma by 7.3% in 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 valued at $342,797,000 after purchasing an additional 130,940 shares during the last quarter. Hedge funds and other institutional investors own 99.29% of the company's stock.

Williams-Sonoma Trading Down 0.5%

Shares of Williams-Sonoma stock opened at $240.38 on Tuesday. The company has a fifty day moving average price of $230.47 and a 200 day moving average price of $206.82. Williams-Sonoma, Inc. has a twelve month low of $165.51 and a twelve month high of $254.89. The stock has a market cap of $28.30 billion, a price-to-earnings ratio of 26.92, a price-to-earnings-growth ratio of 2.65 and a beta of 1.50.

Williams-Sonoma (NYSE:WSM - Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The specialty retailer reported $1.93 EPS for the quarter, beating the consensus estimate of $1.80 by $0.13. The company had revenue of $1.81 billion for 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 was up 4.4% compared to the same quarter last year. During the same period last year, the company posted $1.85 earnings per share. Analysts forecast that Williams-Sonoma, Inc. will post 9.38 earnings per share for the current year.

Williams-Sonoma Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Friday, July 17th will be given a dividend of $0.76 per share. The ex-dividend date of this dividend is Friday, July 17th. This represents a $3.04 annualized dividend and a yield of 1.3%. Williams-Sonoma's payout ratio is 34.04%.

Insider Buying and Selling

In other Williams-Sonoma news, EVP Karalyn Yearout sold 1,112 shares of the company's stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $228.49, for a total value of $254,080.88. Following the completion of the transaction, the executive vice president directly owned 21,717 shares of the company's stock, valued at $4,962,117.33. This represents a 4.87% decrease in their position. 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, CEO Laura Alber sold 15,000 shares of the firm'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 sale, the chief executive officer owned 923,524 shares of the company's stock, valued at $184,704,800. This represents a 1.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 18,156 shares of company stock valued at $3,738,699. 1.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on WSM. Piper Sandler initiated coverage on Williams-Sonoma in a report on Monday, July 27th. They set an "overweight" rating and a $253.00 price objective for the company. Citigroup reiterated a "neutral" rating and issued a $248.00 target price (up from $200.00) on shares of Williams-Sonoma in a report on Thursday. The Goldman Sachs Group reissued a "buy" rating and set a $261.00 price target (up from $230.00) on shares of Williams-Sonoma in a research report on Tuesday, August 11th. Wells Fargo & Company upped their price target on Williams-Sonoma from $190.00 to $240.00 and gave the stock an "equal weight" rating in a research note on Tuesday, August 11th. Finally, Argus set a $230.00 price objective on Williams-Sonoma in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $231.88.

Williams-Sonoma 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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