Robeco Institutional Asset Management B.V. Raises Stock Holdings in Williams-Sonoma, Inc. $WSM

Robeco Institutional Asset Management B.V. lifted its holdings in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 740.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 591,690 shares of the specialty retailer's stock after buying an additional 521,283 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.48% of Williams-Sonoma worth $96,664,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Allspring Global Investments Holdings LLC purchased a new stake in shares of Williams-Sonoma in the first quarter worth approximately $895,000. Sequoia Financial Advisors LLC increased its holdings in Williams-Sonoma by 26.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 44,398 shares of the specialty retailer's stock worth $7,019,000 after purchasing an additional 9,266 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Williams-Sonoma by 128.0% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,644 shares of the specialty retailer's stock worth $34,410,000 after purchasing an additional 122,180 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in Williams-Sonoma by 10.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,402 shares of the specialty retailer's stock worth $2,751,000 after purchasing an additional 1,673 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in Williams-Sonoma by 26.2% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 14,197 shares of the specialty retailer's stock worth $2,245,000 after purchasing an additional 2,945 shares during the period. 99.29% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Karalyn Yearout sold 3,500 shares of the firm's stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $198.79, for a total value of $695,765.00. Following the completion of the sale, the executive vice president owned 14,003 shares of the company's stock, valued at $2,783,656.37. This trade represents a 20.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Jeffrey Howie sold 3,153 shares of the firm's stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $198.84, for a total value of $626,942.52. Following the completion of the sale, the chief financial officer directly owned 34,138 shares of the company's stock, valued at $6,787,999.92. The trade was a 8.46% decrease in their position. The disclosure for this sale can be found here. Insiders sold 144,153 shares of company stock worth $27,946,408 over the last quarter. Company insiders own 1.10% of the company's stock.

Williams-Sonoma Trading Up 0.3%

Shares of NYSE:WSM opened at $195.95 on Friday. Williams-Sonoma, Inc. has a 12-month low of $125.33 and a 12-month high of $219.98. The business's fifty day simple moving average is $197.55 and its 200-day simple moving average is $173.29. The company has a market capitalization of $23.87 billion, a PE ratio of 21.56, a P/E/G ratio of 3.15 and a beta of 1.55.

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 analysts' consensus estimates of $1.79 by $0.21. The firm had revenue of $1.84 billion during 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 business's quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.74 EPS. Williams-Sonoma has set its FY 2025 guidance at EPS. Research analysts predict that Williams-Sonoma, Inc. will post 8.36 EPS for the current year.

Williams-Sonoma Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, October 17th will be given a $0.66 dividend. The ex-dividend date of this dividend is Friday, October 17th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.3%. Williams-Sonoma's dividend payout ratio (DPR) is presently 29.04%.

Analysts Set New Price Targets

Several research firms have commented on WSM. Wells Fargo & Company raised their price objective on Williams-Sonoma from $170.00 to $190.00 and gave the stock an "equal weight" rating in a report on Monday, August 25th. JPMorgan Chase & Co. raised their price objective on Williams-Sonoma from $168.00 to $215.00 and gave the stock a "neutral" rating in a report on Thursday, August 28th. The Goldman Sachs Group raised their price objective on Williams-Sonoma from $179.00 to $203.00 and gave the stock a "neutral" rating in a report on Thursday, August 28th. Telsey Advisory Group restated an "outperform" rating and set a $215.00 price objective on shares of Williams-Sonoma in a report on Thursday, August 28th. Finally, Morgan Stanley lifted their price target on Williams-Sonoma from $185.00 to $200.00 and gave the company an "equal weight" rating in a report on Thursday, August 28th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.