CreativeOne Wealth LLC Grows Position in Williams-Sonoma, Inc. $WSM

Key Points

• CreativeOne Wealth LLC has increased its holdings in Williams-Sonoma, Inc. by 28.1% during the first quarter, totaling 9,519 shares worth $1,505,000.
• Multiple institutional investors, including Hemington Wealth Management and TFB Advisors LLC, have also raised their stakes in Williams-Sonoma stock in the same period, indicating strong institutional interest.
• Williams-Sonoma reported $2.00 earnings per share for the last quarter, surpassing analysts' expectations of $1.79, with revenues reaching $1.84 billion.

CreativeOne Wealth LLC grew its position in shares of Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 28.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,519 shares of the specialty retailer's stock after buying an additional 2,088 shares during the quarter. CreativeOne Wealth LLC's holdings in Williams-Sonoma were worth $1,505,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in WSM. Brighton Jones LLC grew its holdings 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 buying an additional 1,236 shares during the last quarter. Stifel Financial Corp raised its position in Williams-Sonoma by 3.9% in the fourth quarter. Stifel Financial Corp now owns 20,293 shares of the specialty retailer's stock worth $3,758,000 after acquiring an additional 758 shares during the period. Voleon Capital Management LP bought a new position in Williams-Sonoma in the fourth quarter worth approximately $267,000. Bison Wealth LLC bought a new stake in shares of Williams-Sonoma during the 4th quarter valued at $227,000. Finally, Algert Global LLC bought a new stake in shares of Williams-Sonoma during the 4th quarter valued at $215,000. Hedge funds and other institutional investors own 99.29% of the company's stock.

Williams-Sonoma Price Performance

Shares of NYSE:WSM traded down $0.29 during trading hours on Monday, hitting $187.77. The company's stock had a trading volume of 1,611,765 shares, compared to its average volume of 1,542,294. Williams-Sonoma, Inc. has a 52 week low of $125.33 and a 52 week high of $219.98. The company has a market capitalization of $23.10 billion, a price-to-earnings ratio of 20.66, a P/E/G ratio of 3.04 and a beta of 1.52. The firm's fifty day moving average price is $184.47 and its 200 day moving average price is $171.73.

Williams-Sonoma (NYSE:WSM - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $2.00 EPS for the quarter, beating the consensus estimate of $1.79 by $0.21. Williams-Sonoma had a net margin of 14.54% and a return on equity of 54.47%. The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.82 billion. During the same quarter in the previous year, the business posted $1.74 EPS. The company's quarterly revenue was up 2.7% compared to the same quarter last year. Williams-Sonoma has set its FY 2025 guidance at EPS. On average, equities research analysts predict that Williams-Sonoma, Inc. will post 8.36 earnings per share for the current fiscal year.

Williams-Sonoma Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Stockholders of record on Friday, July 18th were issued a $0.66 dividend. The ex-dividend date was Friday, July 18th. This represents a $2.64 annualized dividend and a dividend yield of 1.4%. Williams-Sonoma's payout ratio is currently 29.04%.

Insider Buying and Selling

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

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Telsey Advisory Group reaffirmed an "outperform" rating and set a $215.00 target price on shares of Williams-Sonoma in a research note on Thursday. The Goldman Sachs Group lifted their price objective on shares of Williams-Sonoma from $179.00 to $203.00 and gave the stock a "neutral" rating in a research note on Thursday. Wells Fargo & Company lifted their price target on shares of Williams-Sonoma from $170.00 to $190.00 and gave the stock an "equal weight" rating in a research note on Monday, August 25th. Evercore ISI lifted their price target on shares of Williams-Sonoma from $200.00 to $210.00 and gave the stock an "in-line" rating in a research note on Thursday. Finally, KeyCorp lifted their price objective on shares of Williams-Sonoma from $181.00 to $230.00 and gave the company an "overweight" rating in a report on Monday, August 25th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $198.35.

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.