Nomura Holdings Inc. Has $616,000 Stake in Williams-Sonoma, Inc. $WSM

Key Points

• Nomura Holdings Inc. has significantly reduced its stake in Williams-Sonoma, Inc. by 76.8%, now owning 3,894 shares valued at $616,000.
• In recent insider trading, CFO Jeffrey Howie sold 4,000 shares and CEO Laura Alber sold 30,000 shares of Williams-Sonoma, reflecting decreases in their ownership positions.
• Williams-Sonoma recently declared a quarterly dividend of $0.66 per share, contributing to an annualized dividend yield of 1.3%.

Nomura Holdings Inc. trimmed its holdings in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 76.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,894 shares of the specialty retailer's stock after selling 12,870 shares during the period. Nomura Holdings Inc.'s holdings in Williams-Sonoma were worth $616,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Heck Capital Advisors LLC acquired a new stake in shares of Williams-Sonoma in the fourth quarter valued at approximately $37,000. Costello Asset Management INC bought a new position in shares of Williams-Sonoma during the first quarter worth approximately $32,000. SOA Wealth Advisors LLC. bought a new position in shares of Williams-Sonoma during the first quarter worth approximately $33,000. Sentry Investment Management LLC bought a new position in shares of Williams-Sonoma during the first quarter worth approximately $32,000. Finally, Wayfinding Financial LLC bought a new position in shares of Williams-Sonoma during the first quarter worth approximately $35,000. 99.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Williams-Sonoma

In other news, CFO Jeffrey Howie sold 4,000 shares of Williams-Sonoma stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $168.96, for a total value of $675,840.00. Following the transaction, 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Laura Alber sold 30,000 shares of Williams-Sonoma stock in a transaction on 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 transaction, the chief executive officer owned 966,927 shares in the company, 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

Williams-Sonoma stock opened at $203.05 on Friday. The stock's fifty day moving average price is $186.63 and its two-hundred day moving average price is $171.93. Williams-Sonoma, Inc. has a one year low of $125.33 and a one year high of $219.98. The firm has a market cap of $24.73 billion, a PE ratio of 22.34, a price-to-earnings-growth ratio of 3.11 and a beta of 1.52.

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

Williams-Sonoma Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on WSM shares. KeyCorp increased their target price on Williams-Sonoma from $181.00 to $230.00 and gave the stock an "overweight" rating in a research note on Monday, August 25th. Evercore ISI increased their target price on Williams-Sonoma from $200.00 to $210.00 and gave the stock an "in-line" rating in a research note on Thursday, August 28th. The Goldman Sachs Group increased their target price on Williams-Sonoma from $179.00 to $203.00 and gave the stock a "neutral" rating in a research note on Thursday, August 28th. Gordon Haskett upgraded 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. Finally, Citigroup increased their target price on Williams-Sonoma from $162.00 to $202.00 and gave the stock a "neutral" rating in a research note on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Williams-Sonoma presently has an average rating of "Hold" and an average target price of $199.11.

Williams-Sonoma Company 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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