4,410 Shares in Williams-Sonoma, Inc. $WSM Purchased by Commerzbank Aktiengesellschaft FI

Key Points

• Commerzbank Aktiengesellschaft FI acquired 4,410 Williams-Sonoma shares valued at approximately $1.03 million. Institutional investors now own 99.29% of the company.
• Analysts remain generally positive, with a consensus rating of “Moderate Buy” and an average price target of $231.88; several firms recently raised targets to $250–$260.
• Williams-Sonoma beat quarterly expectations with $1.93 EPS and $1.81 billion in revenue, while maintaining a quarterly dividend of $0.76 per share, equivalent to a 1.3% annual yield.

Commerzbank Aktiengesellschaft FI acquired a new stake in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,410 shares of the specialty retailer's stock, valued at approximately $1,028,000.

A number of other hedge funds have also added to or reduced their stakes in WSM. Phillips Wealth Planners LLC purchased a new stake in shares of Williams-Sonoma in the 2nd quarter worth approximately $240,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Williams-Sonoma in the 2nd quarter worth $67,397,000. OneDigital Investment Advisors LLC acquired a new stake in Williams-Sonoma in the second quarter worth about $1,746,000. Plato Investment Management Ltd acquired a new stake in Williams-Sonoma in the 2nd quarter worth approximately $846,000. Finally, Bell Investment Advisors Inc purchased a new stake in shares of Williams-Sonoma during the second quarter valued at $61,000. 99.29% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Karalyn Yearout sold 522 shares of the firm's stock in a transaction on Friday, August 7th. The stock was sold at an average price of $246.39, for a total value of $128,615.58. Following the completion of the transaction, the executive vice president owned 20,195 shares in the company, valued at $4,975,846.05. This trade represents a 2.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through 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 business's 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 transaction, the chief executive officer directly owned 923,524 shares of the company's stock, valued at approximately $184,704,800. This trade represents a 1.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 18,156 shares of company stock worth $3,738,699. Insiders own 1.10% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on WSM shares. Royal Bank Of Canada increased their price objective on shares of Williams-Sonoma from $192.00 to $260.00 and gave the stock an "outperform" rating in a research note on Friday, August 14th. Telsey Advisory Group upped their target price on Williams-Sonoma from $225.00 to $255.00 and gave the stock an "outperform" rating in a research note on Thursday, August 13th. Bank of America started coverage on shares of Williams-Sonoma in a research report on Friday, June 12th. They set a "buy" rating and a $250.00 price target for the company. TD Cowen restated a "buy" rating on shares of Williams-Sonoma in a report on Monday, August 10th. Finally, KeyCorp boosted their target price on Williams-Sonoma from $230.00 to $250.00 and gave the stock an "overweight" rating in a report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $231.88.

Williams-Sonoma Stock Performance

WSM stock opened at $241.03 on Wednesday. Williams-Sonoma, Inc. has a fifty-two week low of $165.51 and a fifty-two week high of $254.89. The company's 50 day moving average price is $231.02 and its 200 day moving average price is $207.07. The firm has a market capitalization of $28.38 billion, a price-to-earnings ratio of 26.99, a PEG ratio of 2.65 and a beta of 1.50.

Williams-Sonoma (NYSE:WSM - Get Free Report) last issued its earnings results on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.13. Williams-Sonoma had a return on equity of 53.29% and a net margin of 13.81%.The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same quarter last year, the company earned $1.85 EPS. The business's quarterly revenue was up 4.4% on a year-over-year basis. Equities analysts forecast that Williams-Sonoma, Inc. will post 9.38 EPS for the current fiscal year.

Williams-Sonoma Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Friday, July 17th will be given a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Friday, July 17th. Williams-Sonoma's dividend payout ratio (DPR) is 34.04%.

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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