Williams-Sonoma, Inc. $WSM Shares Sold by Alamar Capital Management LLC

Key Points

• Alamar Capital Management LLC reduced its position in Williams-Sonoma, Inc. by 46.3%, dropping to 7,475 shares after selling 6,442 shares in the 2nd quarter.
• Insiders at Williams-Sonoma sold a total of 114,153 shares worth $22.9 million in the past 90 days, with CEO Laura Alber selling 90,000 shares for $18 million.
• Williams-Sonoma announced a quarterly dividend of $0.66 per share, reflecting an annual yield of 1.4%, with the ex-dividend date set for October 17th.

Alamar Capital Management LLC reduced its position in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 46.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,475 shares of the specialty retailer's stock after selling 6,442 shares during the quarter. Alamar Capital Management LLC's holdings in Williams-Sonoma were worth $1,221,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Williams-Sonoma by 21.8% in the 1st quarter. Vanguard Group Inc. now owns 15,630,310 shares of the specialty retailer's stock valued at $2,471,152,000 after purchasing an additional 2,797,562 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Williams-Sonoma by 34.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,436,839 shares of the specialty retailer's stock valued at $227,164,000 after purchasing an additional 365,718 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Williams-Sonoma by 31.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,076,959 shares of the specialty retailer's stock valued at $170,267,000 after purchasing an additional 254,550 shares during the last quarter. Nordea Investment Management AB raised its stake in Williams-Sonoma by 8.0% in the 2nd quarter. Nordea Investment Management AB now owns 816,176 shares of the specialty retailer's stock valued at $133,029,000 after purchasing an additional 60,163 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its holdings in Williams-Sonoma by 740.4% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 591,690 shares of the specialty retailer's stock valued at $96,664,000 after buying an additional 521,283 shares in the last quarter. 99.29% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Williams-Sonoma

In related news, EVP Karalyn Yearout sold 3,500 shares of the stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $198.79, for a total transaction of $695,765.00. Following the transaction, the executive vice president owned 14,003 shares of the company's stock, valued at approximately $2,783,656.37. This represents a 20.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Laura Alber sold 90,000 shares of the stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $200.17, for a total value of $18,015,300.00. Following the transaction, the chief executive officer directly owned 876,927 shares in the company, valued at approximately $175,534,477.59. The trade was a 9.31% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 114,153 shares of company stock worth $22,901,008 in the last 90 days. Insiders own 1.10% of the company's stock.

Williams-Sonoma Trading Up 0.1%

NYSE WSM opened at $188.15 on Friday. The stock has a market cap of $22.92 billion, a PE ratio of 20.70, a P/E/G ratio of 3.04 and a beta of 1.55. Williams-Sonoma, Inc. has a twelve month low of $125.33 and a twelve month high of $219.98. The stock has a fifty day simple moving average of $195.50 and a 200-day simple moving average of $176.37.

Williams-Sonoma (NYSE:WSM - Get Free Report) last released its quarterly earnings results 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 business 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 company's revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business posted $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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 21st. Investors of record on Friday, October 17th will be paid a dividend of $0.66 per share. The ex-dividend date of this dividend is Friday, October 17th. This represents a $2.64 annualized dividend and a yield of 1.4%. Williams-Sonoma's dividend payout ratio is presently 29.04%.

Analyst Ratings Changes

Several analysts have issued reports on WSM shares. Evercore ISI dropped their target price on Williams-Sonoma from $210.00 to $200.00 and set an "in-line" rating for the company in a report on Tuesday, October 14th. Citigroup upped their target price on Williams-Sonoma from $162.00 to $202.00 and gave the company a "neutral" rating in a report on Friday, August 22nd. Gordon Haskett upgraded Williams-Sonoma from a "hold" rating to a "buy" rating and set a $205.00 target price for the company in a report on Wednesday, July 23rd. KeyCorp upped their target price on Williams-Sonoma from $181.00 to $230.00 and gave the company an "overweight" rating in a report on Monday, August 25th. Finally, JPMorgan Chase & Co. upped their target price on Williams-Sonoma from $168.00 to $215.00 and gave the company a "neutral" rating in a report on Thursday, August 28th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Williams-Sonoma currently has a consensus rating of "Moderate Buy" and an average target price of $198.56.

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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