B. Metzler seel. Sohn & Co. AG Makes New $1.70 Million Investment in Williams-Sonoma, Inc. $WSM

B. Metzler seel. Sohn & Co. AG purchased a new position in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 7,270 shares of the specialty retailer's stock, valued at approximately $1,695,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Y Intercept Hong Kong Ltd boosted its position in Williams-Sonoma by 1,844.3% during the first quarter. Y Intercept Hong Kong Ltd now owns 47,733 shares of the specialty retailer's stock worth $8,703,000 after purchasing an additional 45,278 shares in the last quarter. Little House Capital LLC purchased a new position in shares of Williams-Sonoma during the 1st quarter valued at approximately $801,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Williams-Sonoma by 5,019.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 89,388 shares of the specialty retailer's stock worth $15,964,000 after purchasing an additional 87,642 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Williams-Sonoma during the fourth quarter worth $1,173,000. Finally, BNP Paribas Financial Markets boosted its stake in Williams-Sonoma by 23.8% in the fourth quarter. BNP Paribas Financial Markets now owns 294,598 shares of the specialty retailer's stock valued at $52,612,000 after acquiring an additional 56,578 shares during the period. Hedge funds and other institutional investors own 99.29% of the company's stock.

Williams-Sonoma Price Performance

Shares of NYSE:WSM opened at $237.34 on Monday. Williams-Sonoma, Inc. has a 1 year low of $165.51 and a 1 year high of $254.89. The company's 50 day simple moving average is $232.33 and its 200 day simple moving average is $207.71. The stock has a market capitalization of $27.95 billion, a price-to-earnings ratio of 26.58, a price-to-earnings-growth ratio of 2.61 and a beta of 1.50.

Williams-Sonoma (NYSE:WSM - Get Free Report) last announced its earnings results on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.13. The business 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%.Williams-Sonoma's revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period last year, the company earned $1.85 EPS. As a group, analysts anticipate that Williams-Sonoma, Inc. will post 9.38 EPS for the current fiscal year.

Williams-Sonoma Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 21st. Shareholders of record on Friday, July 17th were issued a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, July 17th. Williams-Sonoma's payout ratio is currently 34.04%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. TD Cowen reaffirmed a "buy" rating on shares of Williams-Sonoma in a report on Monday, August 10th. Seaport Research Partners reaffirmed a "buy" rating on shares of Williams-Sonoma in a research report on Friday, August 14th. Morgan Stanley set a $210.00 price objective on Williams-Sonoma and gave the company an "equal weight" rating in a report on Friday, May 22nd. Piper Sandler assumed coverage on Williams-Sonoma in a report on Monday, July 27th. They set an "overweight" rating and a $253.00 target price on the stock. Finally, Royal Bank Of Canada boosted their price objective on shares of Williams-Sonoma from $192.00 to $260.00 and gave the stock an "outperform" rating in a research report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Williams-Sonoma has a consensus rating of "Moderate Buy" and a consensus target price of $231.88.

Insider Activity at Williams-Sonoma

In other news, CEO Laura Alber sold 15,000 shares of the business's stock in a transaction that occurred 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 transaction, the chief executive officer owned 923,524 shares in the company, valued at $184,704,800. The trade was a 1.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Karalyn Yearout sold 1,112 shares of the business'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 sale, the executive vice president owned 21,717 shares in the company, valued at $4,962,117.33. This represents a 4.87% 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 three months, insiders have sold 18,156 shares of company stock worth $3,738,699. Insiders own 1.10% of the company's stock.

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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