Williams-Sonoma, Inc. $WSM Position Boosted by Logan Capital Management Inc.

Logan Capital Management Inc. increased its position in Williams-Sonoma, Inc. (NYSE:WSM) by 2.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 164,540 shares of the specialty retailer’s stock after purchasing an additional 4,145 shares during the period. Williams-Sonoma accounts for about 1.2% of Logan Capital Management Inc.’s investment portfolio, making the stock its 15th biggest holding. Logan Capital Management Inc. owned about 0.14% of Williams-Sonoma worth $29,385,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of WSM. Atlantic Union Bankshares Corp grew its position in shares of Williams-Sonoma by 51.5% in the 4th quarter. Atlantic Union Bankshares Corp now owns 147 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 50 shares in the last quarter. Triumph Capital Management acquired a new stake in shares of Williams-Sonoma during the 3rd quarter valued at approximately $37,000. Cary Street Partners Investment Advisory LLC lifted its stake in Williams-Sonoma by 66.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 220 shares of the specialty retailer’s stock worth $43,000 after purchasing an additional 88 shares during the last quarter. Zions Bancorporation National Association UT boosted its holdings in Williams-Sonoma by 760.0% in the third quarter. Zions Bancorporation National Association UT now owns 258 shares of the specialty retailer’s stock worth $50,000 after purchasing an additional 228 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in Williams-Sonoma during the fourth quarter valued at $57,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

Williams-Sonoma Stock Up 5.6%

WSM opened at $218.62 on Friday. The business has a fifty day simple moving average of $190.93 and a 200-day simple moving average of $193.50. The firm has a market cap of $25.74 billion, a PE ratio of 24.48, a P/E/G ratio of 2.44 and a beta of 1.51. Williams-Sonoma, Inc. has a fifty-two week low of $152.20 and a fifty-two week high of $222.00.

Williams-Sonoma (NYSE:WSM) last released its quarterly earnings results on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.13. Williams-Sonoma had a return on equity of 53.29% and a net margin of 13.81%.The business had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.80 billion. During the same quarter last year, the company posted $1.85 EPS. Williams-Sonoma’s revenue for the quarter was up 4.4% on a year-over-year basis. On average, equities research analysts anticipate that Williams-Sonoma, Inc. will post 9.34 EPS for the current fiscal year.

Williams-Sonoma Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, July 17th will be paid a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, July 17th. Williams-Sonoma’s payout ratio is 29.56%.

Insider Activity

In other news, CFO Jeffrey Howie sold 1,419 shares of the stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $188.45, for a total value of $267,410.55. Following the completion of the sale, the chief financial officer owned 34,138 shares in the company, valued at $6,433,306.10. This represents a 3.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Karalyn Yearout sold 522 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $203.07, for a total value of $106,002.54. Following the completion of the sale, the executive vice president directly owned 22,829 shares of the company’s stock, valued at approximately $4,635,885.03. This trade represents a 2.24% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 106,892 shares of company stock worth $19,826,826 over the last quarter. Corporate insiders own 1.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Evercore set a $200.00 price target on shares of Williams-Sonoma in a research report on Tuesday, April 14th. Telsey Advisory Group reissued an “outperform” rating and issued a $225.00 target price (up from $220.00) on shares of Williams-Sonoma in a report on Friday, May 22nd. Argus set a $230.00 target price on Williams-Sonoma in a research note on Friday, May 29th. Robert W. Baird lowered their target price on Williams-Sonoma from $235.00 to $225.00 and set an “outperform” rating for the company in a report on Thursday, March 19th. Finally, Morgan Stanley set a $210.00 price target on Williams-Sonoma and gave the stock an “equal weight” rating in a report on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Williams-Sonoma currently has a consensus rating of “Moderate Buy” and an average price target of $209.06.

About Williams-Sonoma

Williams‑Sonoma, Inc is a specialty retailer focused on the home and culinary markets, best known for premium cookware, kitchen tools and home furnishings. The company traces its roots to a single cookware store founded by Chuck Williams in 1956 in Sonoma, California, and has evolved into a multi‑brand home furnishings and housewares business. Its merchandise mix spans cookware and kitchen electrics, tabletop and food prep items, furniture, bedding, lighting and decorative accessories designed for both everyday use and higher‑end interiors.

The company operates a portfolio of consumer brands that target distinct segments of the home market.