Pensionfund Sabic Has $1.03 Million Stock Position in Williams-Sonoma, Inc. $WSM

Key Points

• Pensionfund Sabic reduced its stake in Williams-Sonoma by 23.5%, owning 6,500 shares worth approximately $1.03 million after selling 2,000 shares in Q1.
• Williams-Sonoma reported Q2 earnings of $2.00 per share, exceeding analyst expectations, with quarterly revenue of $1.84 billion, up 2.7% year-over-year.
• Institutional investors own 99.29% of Williams-Sonoma's stock, reflecting strong interest from large-scale investors in the company.

Pensionfund Sabic lowered its position in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 23.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,500 shares of the specialty retailer's stock after selling 2,000 shares during the quarter. Pensionfund Sabic's holdings in Williams-Sonoma were worth $1,028,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of WSM. Brighton Jones LLC boosted its position in Williams-Sonoma by 22.4% during the 4th quarter. Brighton Jones LLC now owns 6,742 shares of the specialty retailer's stock worth $1,248,000 after acquiring an additional 1,236 shares during the last quarter. Bison Wealth LLC acquired a new stake in shares of Williams-Sonoma in the 4th quarter valued at approximately $227,000. Cetera Investment Advisers boosted its holdings in shares of Williams-Sonoma by 8.3% in the 4th quarter. Cetera Investment Advisers now owns 13,234 shares of the specialty retailer's stock valued at $2,451,000 after buying an additional 1,014 shares during the last quarter. Focus Partners Wealth boosted its holdings in shares of Williams-Sonoma by 135.1% in the 4th quarter. Focus Partners Wealth now owns 4,805 shares of the specialty retailer's stock valued at $897,000 after buying an additional 2,761 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Williams-Sonoma by 14.0% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,712 shares of the specialty retailer's stock valued at $3,280,000 after buying an additional 2,170 shares during the last quarter. Institutional investors and hedge funds own 99.29% of the company's stock.

Williams-Sonoma Price Performance

Shares of Williams-Sonoma stock opened at $197.30 on Friday. The business has a fifty day simple moving average of $190.55 and a two-hundred day simple moving average of $171.64. Williams-Sonoma, Inc. has a 1 year low of $125.33 and a 1 year high of $219.98. The company has a market capitalization of $24.03 billion, a price-to-earnings ratio of 21.70, a P/E/G ratio of 3.28 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 earnings per share for the quarter, topping 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 return on equity of 54.47% and a net margin of 14.54%.The company's quarterly revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.74 EPS. Williams-Sonoma has set its FY 2025 guidance at EPS. As a group, equities analysts anticipate that Williams-Sonoma, Inc. will post 8.36 earnings per share for the current fiscal year.

Williams-Sonoma Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 22nd. Shareholders 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 yield of 1.3%. Williams-Sonoma's dividend payout ratio (DPR) is presently 29.04%.

Insiders Place Their Bets

In other Williams-Sonoma news, EVP David Randolph King sold 17,500 shares of the stock in a transaction 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 transaction, the executive vice president owned 98,560 shares in the company, valued at $20,066,816. This trade represents a 15.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Jeffrey Howie sold 4,000 shares of the 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 $5,810,196.48. The trade was a 10.42% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 51,500 shares of company stock worth $9,284,240 in the last 90 days. Company insiders own 1.10% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on WSM shares. Wells Fargo & Company increased their price objective on Williams-Sonoma from $170.00 to $190.00 and gave the company an "equal weight" rating in a report on Monday, August 25th. Citigroup increased their price objective on Williams-Sonoma from $162.00 to $202.00 and gave the company a "neutral" rating in a report on Friday, August 22nd. Evercore ISI increased their price objective on Williams-Sonoma from $200.00 to $210.00 and gave the company an "in-line" rating in a report on Thursday, August 28th. Morgan Stanley increased their price objective on Williams-Sonoma from $185.00 to $200.00 and gave the company an "equal weight" rating in a report on Thursday, August 28th. Finally, KeyCorp increased their price objective on Williams-Sonoma from $181.00 to $230.00 and gave the company an "overweight" rating in a report on Monday, August 25th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $199.11.

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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