Vontobel Holding Ltd. Has $3.29 Million Stock Holdings in Williams-Sonoma, Inc. $WSM

Key Points

• Vontobel Holding Ltd. increased its stake in Williams-Sonoma, Inc. by 33.3% during the second quarter, owning 20,125 shares worth approximately $3.29 million.
• Williams-Sonoma's stock recently dropped 4.2%, with its prices fluctuating between a 52-week low of $125.33 and a high of $219.98.
• Williams-Sonoma announced a quarterly dividend of $0.66 per share, indicating a dividend yield of 1.5% and a payout ratio of 29.04%.

Vontobel Holding Ltd. grew its position in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 33.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,125 shares of the specialty retailer's stock after purchasing an additional 5,030 shares during the quarter. Vontobel Holding Ltd.'s holdings in Williams-Sonoma were worth $3,288,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in WSM. Brighton Jones LLC boosted its stake in shares of Williams-Sonoma by 22.4% during the fourth quarter. Brighton Jones LLC now owns 6,742 shares of the specialty retailer's stock valued at $1,248,000 after purchasing an additional 1,236 shares in the last quarter. Bison Wealth LLC acquired a new position in shares of Williams-Sonoma in the fourth quarter worth approximately $227,000. Farther Finance Advisors LLC lifted its stake in shares of Williams-Sonoma by 63.3% in the first quarter. Farther Finance Advisors LLC now owns 3,782 shares of the specialty retailer's stock worth $601,000 after acquiring an additional 1,466 shares during the period. Pallas Capital Advisors LLC acquired a new position in shares of Williams-Sonoma in the first quarter worth approximately $209,000. Finally, SG Americas Securities LLC lifted its stake in shares of Williams-Sonoma by 865.7% in the first quarter. SG Americas Securities LLC now owns 6,557 shares of the specialty retailer's stock worth $1,037,000 after acquiring an additional 5,878 shares during the period. 99.29% of the stock is owned by institutional investors and hedge funds.

Williams-Sonoma Stock Down 4.2%

NYSE WSM opened at $181.42 on Friday. The company has a market cap of $22.10 billion, a price-to-earnings ratio of 19.96, a P/E/G ratio of 3.05 and a beta of 1.55. Williams-Sonoma, Inc. has a 52 week low of $125.33 and a 52 week high of $219.98. The business has a 50 day moving average price of $198.04 and a 200-day moving average price of $174.26.

Williams-Sonoma (NYSE:WSM - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $2.00 EPS for the quarter, beating the consensus estimate of $1.79 by $0.21. The firm had revenue of $1.84 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.74 earnings per share. Williams-Sonoma has set its FY 2025 guidance at EPS. On average, equities research analysts anticipate that Williams-Sonoma, Inc. will post 8.36 earnings per share for the current year.

Williams-Sonoma Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, October 17th will be issued 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 1.5%. Williams-Sonoma's payout ratio is currently 29.04%.

Insider Transactions at Williams-Sonoma

In related news, EVP Karalyn Yearout sold 3,500 shares of the company's stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $198.79, for a total transaction of $695,765.00. Following the completion of the sale, the executive vice president owned 14,003 shares in the company, valued at approximately $2,783,656.37. This represents a 20.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP David Randolph King sold 17,500 shares of the company's stock in a transaction on Monday, September 8th. The stock was sold at an average price of $203.60, for a total value of $3,563,000.00. Following the sale, the executive vice president owned 98,560 shares of the company's stock, valued at $20,066,816. This trade represents a 15.08% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 144,153 shares of company stock worth $27,946,408. Insiders own 1.10% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on WSM. Morgan Stanley lifted their price objective on Williams-Sonoma from $185.00 to $200.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 28th. The Goldman Sachs Group lifted their price objective on Williams-Sonoma from $179.00 to $203.00 and gave the stock a "neutral" rating in a research note on Thursday, August 28th. UBS Group set a $200.00 price objective on Williams-Sonoma in a research note on Thursday, August 28th. Gordon Haskett raised Williams-Sonoma from a "hold" rating to a "buy" rating and set a $205.00 price objective on the stock in a research note on Wednesday, July 23rd. Finally, Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Williams-Sonoma in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Williams-Sonoma presently has an average rating of "Moderate Buy" and a consensus 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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