B. Metzler seel. Sohn & Co. AG Sells 3,624 Shares of Williams-Sonoma, Inc. $WSM

Key Points

• B. Metzler seel. Sohn & Co. AG reduced its stake in Williams-Sonoma by 39.7%, selling 3,624 shares and leaving them with 5,514 shares valued at approximately $872,000.
• Williams-Sonoma reported quarterly earnings of $2.00 per share, exceeding estimates, with revenue of $1.84 billion, marking a 2.7% increase year-over-year.
• The company announced a quarterly dividend of $0.66 per share, resulting in an annualized dividend of $2.64 and a yield of 1.4%.

B. Metzler seel. Sohn & Co. AG lowered its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 39.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,514 shares of the specialty retailer's stock after selling 3,624 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Williams-Sonoma were worth $872,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in WSM. Sentry Investment Management LLC purchased a new stake in shares of Williams-Sonoma during the first quarter worth $32,000. Costello Asset Management INC purchased a new stake in shares of Williams-Sonoma during the first quarter worth $32,000. SOA Wealth Advisors LLC. purchased a new stake in shares of Williams-Sonoma during the first quarter worth $33,000. Wayfinding Financial LLC purchased a new stake in shares of Williams-Sonoma during the first quarter worth $35,000. Finally, Heck Capital Advisors LLC purchased a new stake in shares of Williams-Sonoma during the fourth quarter worth $37,000. Hedge funds and other institutional investors own 99.29% of the company's stock.

Williams-Sonoma Stock Performance

Williams-Sonoma stock opened at $187.77 on Friday. The firm's fifty day moving average price is $183.88 and its 200-day moving average price is $172.16. The stock has a market cap of $23.10 billion, a P/E ratio of 20.66, a price-to-earnings-growth ratio of 3.04 and a beta of 1.47. Williams-Sonoma, Inc. has a fifty-two week low of $125.33 and a fifty-two week high of $219.98.

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

Williams-Sonoma Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 22nd. Stockholders of record on Friday, July 18th were given a dividend of $0.66 per share. The ex-dividend date was Friday, July 18th. This represents a $2.64 annualized dividend and a dividend yield of 1.4%. Williams-Sonoma's dividend payout ratio (DPR) is 29.04%.

Insider Buying and Selling at Williams-Sonoma

In other news, CEO Laura Alber sold 30,000 shares of the firm's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $168.18, for a total transaction of $5,045,400.00. Following the sale, the chief executive officer owned 966,927 shares in the company, valued at approximately $162,617,782.86. This trade represents a 3.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Jeffrey Howie sold 4,000 shares of the firm's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $168.96, for a total transaction of $675,840.00. Following the sale, the chief financial officer owned 34,388 shares in the company, valued at approximately $5,810,196.48. This trade represents a 10.42% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 38,000 shares of company stock worth $6,349,680. Corporate insiders own 1.10% of the company's stock.

Analyst Ratings Changes

WSM has been the topic of several recent research reports. KeyCorp increased 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. Zelman & Associates initiated coverage on shares of Williams-Sonoma in a research note on Thursday, May 15th. They issued an "underperform" rating on the stock. Royal Bank Of Canada increased their target price on shares of Williams-Sonoma from $212.00 to $213.00 and gave the stock an "outperform" rating in a research note on Thursday. Jefferies Financial Group reiterated a "buy" rating on shares of Williams-Sonoma in a research note on Tuesday, May 13th. Finally, Gordon Haskett upgraded shares of Williams-Sonoma from a "hold" rating to a "buy" rating and set a $205.00 target price on the stock in a research note on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Williams-Sonoma currently has a consensus rating of "Hold" and an average price target of $198.35.

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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