Williams-Sonoma, Inc. $WSM Holdings Raised by Clarius Group LLC

Clarius Group LLC increased its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 7.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,089 shares of the specialty retailer’s stock after purchasing an additional 151 shares during the quarter. Clarius Group LLC’s holdings in Williams-Sonoma were worth $341,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of WSM. Maseco LLP purchased a new stake in shares of Williams-Sonoma in the second quarter valued at $26,000. Quarry LP lifted its holdings in shares of Williams-Sonoma by 99.0% during the 1st quarter. Quarry LP now owns 199 shares of the specialty retailer’s stock valued at $31,000 after buying an additional 99 shares during the last quarter. Costello Asset Management INC bought a new stake in Williams-Sonoma in the first quarter worth approximately $32,000. SOA Wealth Advisors LLC. bought a new stake in Williams-Sonoma in the first quarter worth $33,000. Finally, Wayfinding Financial LLC acquired a new position in shares of Williams-Sonoma during the 1st quarter valued at about $35,000. 99.29% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Gordon Haskett upgraded shares of Williams-Sonoma from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a research note on Wednesday, July 23rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Williams-Sonoma in a report on Saturday, September 27th. Evercore ISI boosted their target price on shares of Williams-Sonoma from $200.00 to $210.00 and gave the stock an “in-line” rating in a research report on Thursday, August 28th. Morgan Stanley upped their target price on shares of Williams-Sonoma from $185.00 to $200.00 and gave the company an “equal weight” rating in a research note on Thursday, August 28th. Finally, The Goldman Sachs Group raised their price target on shares of Williams-Sonoma from $179.00 to $203.00 and gave the stock a “neutral” rating in a research 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 given a Sell rating to the company. According to data from MarketBeat.com, Williams-Sonoma currently has an average rating of “Moderate Buy” and an average target price of $199.11.

Insiders Place Their Bets

In related news, EVP David Randolph King sold 17,500 shares of Williams-Sonoma stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 98,560 shares of the company’s stock, valued at $20,066,816. The trade was a 15.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 transaction of $18,015,300.00. Following the sale, the chief executive officer directly owned 876,927 shares in the company, valued at approximately $175,534,477.59. This represents a 9.31% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 144,153 shares of company stock worth $27,946,408 over the last ninety days. Company insiders own 1.10% of the company’s stock.

Williams-Sonoma Stock Down 1.5%

NYSE WSM opened at $196.38 on Tuesday. Williams-Sonoma, Inc. has a twelve month low of $125.33 and a twelve month high of $219.98. The stock has a market cap of $23.92 billion, a P/E ratio of 21.60, a PEG ratio of 3.22 and a beta of 1.55. The company’s 50-day simple moving average is $198.06 and its 200 day simple moving average is $173.82.

Williams-Sonoma (NYSE:WSM) last released its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.79 by $0.21. The company had revenue of $1.84 billion for the quarter, compared to analyst estimates 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 company posted $1.74 EPS. Williams-Sonoma has set its FY 2025 guidance at EPS. Research analysts anticipate that Williams-Sonoma, Inc. will post 8.36 earnings per share for the current year.

Williams-Sonoma Dividend Announcement

The firm also recently announced 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. This represents a $2.64 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, October 17th. Williams-Sonoma’s dividend payout ratio is presently 29.04%.

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.