2,000 Shares in Williams-Sonoma, Inc. $WSM Purchased by Interval Partners LP

Key Points

• Interval Partners LP acquired 2,000 shares of Williams-Sonoma, Inc., valued at approximately $316,000, indicating strong institutional interest in the retailer.
• Williams-Sonoma reported quarterly earnings of $2.00 EPS, exceeding estimates by $0.21, and achieved a revenue of $1.84 billion, reflecting a year-over-year increase.
• The firm recently announced a quarterly dividend of $0.66 per share, representing an annualized yield of 1.3% and signaling a consistent return to shareholders.

Interval Partners LP purchased a new position in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,000 shares of the specialty retailer's stock, valued at approximately $316,000.

A number of other institutional investors also recently bought and sold shares of WSM. Quarry LP grew its holdings in Williams-Sonoma by 99.0% in the 1st quarter. Quarry LP now owns 199 shares of the specialty retailer's stock worth $31,000 after buying an additional 99 shares in the last quarter. Sentry Investment Management LLC acquired a new position in Williams-Sonoma in the first quarter worth $32,000. Costello Asset Management INC bought a new stake in Williams-Sonoma in the first quarter valued at about $32,000. SOA Wealth Advisors LLC. acquired a new stake in Williams-Sonoma during the 1st quarter worth $33,000. Finally, Wayfinding Financial LLC bought a new position in shares of Williams-Sonoma in the 1st quarter valued at about $35,000. 99.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Williams-Sonoma

In other Williams-Sonoma news, CFO Jeffrey Howie sold 4,000 shares of the company's stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $168.96, for a total value of $675,840.00. Following the completion of the transaction, the chief financial officer owned 34,388 shares of the company's stock, valued at $5,810,196.48. This represents a 10.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Laura Alber sold 30,000 shares of the stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $168.18, for a total value of $5,045,400.00. Following the completion of the sale, the chief executive officer directly owned 966,927 shares of the company's stock, valued at approximately $162,617,782.86. The trade was a 3.01% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.10% of the company's stock.

Williams-Sonoma Price Performance

NYSE WSM traded down $0.59 during mid-day trading on Tuesday, hitting $202.67. The company's stock had a trading volume of 687,211 shares, compared to its average volume of 1,459,014. Williams-Sonoma, Inc. has a 52-week low of $125.33 and a 52-week high of $219.98. The stock's fifty day simple moving average is $188.87 and its two-hundred day simple moving average is $171.54. The firm has a market capitalization of $24.68 billion, a P/E ratio of 22.30, a price-to-earnings-growth ratio of 3.29 and a beta of 1.52.

Williams-Sonoma (NYSE:WSM - Get Free Report) last released its earnings results 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. Williams-Sonoma had a return on equity of 54.47% and a net margin of 14.54%.The company had revenue of $1.84 billion for the quarter, compared to analysts' expectations of $1.82 billion. During the same quarter in the previous year, the business posted $1.74 EPS. The business's revenue for the quarter was up 2.7% on a year-over-year basis. Williams-Sonoma has set its FY 2025 guidance at EPS. On average, equities analysts forecast that Williams-Sonoma, Inc. will post 8.36 earnings per share for the current fiscal year.

Williams-Sonoma Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 22nd. Stockholders of record on Friday, July 18th were given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, July 18th. Williams-Sonoma's dividend payout ratio (DPR) is presently 29.04%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on WSM shares. Zelman & Associates assumed coverage on Williams-Sonoma in a report on Thursday, May 15th. They set an "underperform" rating for the company. Citigroup upped their price objective on Williams-Sonoma from $162.00 to $202.00 and gave the company a "neutral" rating in a research note on Friday, August 22nd. Gordon Haskett upgraded Williams-Sonoma from a "hold" rating to a "buy" rating and set a $205.00 price objective on the stock in a research report on Wednesday, July 23rd. KeyCorp raised their target price on shares of Williams-Sonoma from $181.00 to $230.00 and gave the company an "overweight" rating in a research note on Monday, August 25th. Finally, Morgan Stanley lifted their target price on shares of Williams-Sonoma from $185.00 to $200.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 28th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $199.11.

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.