Counterpoint Mutual Funds LLC Makes New Investment in Williams-Sonoma, Inc. $WSM

Key Points

• Counterpoint Mutual Funds LLC has acquired a new position in Williams-Sonoma, Inc., purchasing 4,472 shares valued at approximately $731,000 during the 2nd quarter.
• Institutional investors own 99.29% of Williams-Sonoma's stock, with notable purchases by firms like Vanguard Group, UBS AM, and Pacer Advisors, reflecting strong institutional interest.
• Williams-Sonoma recently reported earnings of $2.00 per share, surpassing analyst expectations and indicating a revenue increase of 2.7% year-over-year.

Counterpoint Mutual Funds LLC purchased a new position in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,472 shares of the specialty retailer's stock, valued at approximately $731,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Williams-Sonoma by 21.8% during the 1st quarter. Vanguard Group Inc. now owns 15,630,310 shares of the specialty retailer's stock worth $2,471,152,000 after buying an additional 2,797,562 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Williams-Sonoma by 34.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,436,839 shares of the specialty retailer's stock worth $227,164,000 after buying an additional 365,718 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Williams-Sonoma by 31.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,076,959 shares of the specialty retailer's stock worth $170,267,000 after buying an additional 254,550 shares in the last quarter. Nuveen LLC bought a new stake in Williams-Sonoma during the 1st quarter worth about $85,075,000. Finally, Pacer Advisors Inc. lifted its position in Williams-Sonoma by 1,272.6% during the 1st quarter. Pacer Advisors Inc. now owns 512,846 shares of the specialty retailer's stock worth $81,081,000 after buying an additional 475,484 shares in the last quarter. 99.29% of the stock is owned by institutional investors.

Williams-Sonoma Stock Down 0.8%

Shares of NYSE:WSM opened at $196.76 on Tuesday. The company's 50 day moving average price is $193.62 and its two-hundred day moving average price is $171.95. Williams-Sonoma, Inc. has a 12-month low of $125.33 and a 12-month high of $219.98. The firm has a market cap of $23.96 billion, a PE ratio of 21.65, a PEG ratio of 3.19 and a beta of 1.52.

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

Williams-Sonoma Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 21st. Investors of record on Friday, October 17th will be given a dividend of $0.66 per share. The ex-dividend date is Friday, October 17th. This represents a $2.64 annualized dividend and a dividend yield of 1.3%. Williams-Sonoma's dividend payout ratio (DPR) is currently 29.04%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on WSM. Royal Bank Of Canada upped their target price on shares of Williams-Sonoma from $212.00 to $213.00 and gave the company an "outperform" rating in a report on Thursday, August 28th. JPMorgan Chase & Co. upped their target price on shares of Williams-Sonoma from $168.00 to $215.00 and gave the company a "neutral" rating in a report on Thursday, August 28th. Citigroup upped their target price on shares of Williams-Sonoma from $162.00 to $202.00 and gave the company a "neutral" rating in a report on Friday, August 22nd. UBS Group set a $200.00 target price on shares of Williams-Sonoma in a report on Thursday, August 28th. Finally, The Goldman Sachs Group upped their target price on shares of Williams-Sonoma from $179.00 to $203.00 and gave the company a "neutral" rating in a report on Thursday, August 28th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $199.11.

Insider Buying and Selling

In related news, CEO Laura Alber sold 90,000 shares of the stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $200.17, for a total transaction of $18,015,300.00. Following the sale, the chief executive officer owned 876,927 shares in the company, valued at approximately $175,534,477.59. This trade represents a 9.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP David Randolph King sold 17,500 shares of the stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $203.60, for a total transaction of $3,563,000.00. Following the sale, the executive vice president owned 98,560 shares in the company, valued at $20,066,816. This represents a 15.08% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 144,653 shares of company stock worth $27,926,483. Corporate insiders own 1.10% of the company's stock.

About Williams-Sonoma

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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