OneDigital Investment Advisors LLC Acquires Shares of 7,490 Williams-Sonoma, Inc. $WSM

OneDigital Investment Advisors LLC bought a new stake in Williams-Sonoma, Inc. (NYSE:WSM) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 7,490 shares of the specialty retailer’s stock, valued at approximately $1,746,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of WSM. Aristotle Capital Management LLC increased its stake in Williams-Sonoma by 22.0% during the 1st quarter. Aristotle Capital Management LLC now owns 11,140,471 shares of the specialty retailer’s stock worth $2,031,242,000 after buying an additional 2,009,032 shares in the last quarter. State Street Corp raised its holdings in shares of Williams-Sonoma by 2.5% during the third quarter. State Street Corp now owns 6,139,477 shares of the specialty retailer’s stock valued at $1,199,961,000 after acquiring an additional 147,780 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of Williams-Sonoma by 9.2% during the first quarter. First Trust Advisors LP now owns 2,664,580 shares of the specialty retailer’s stock valued at $485,833,000 after acquiring an additional 224,128 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Williams-Sonoma by 7.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,919,466 shares of the specialty retailer’s stock valued at $342,797,000 after acquiring an additional 130,940 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Williams-Sonoma in the fourth quarter valued at approximately $316,920,000. 99.29% of the stock is owned by hedge funds and other institutional investors.

Williams-Sonoma Price Performance

WSM stock opened at $241.33 on Monday. The business has a 50 day simple moving average of $229.71 and a 200-day simple moving average of $206.60. The firm has a market capitalization of $28.42 billion, a PE ratio of 27.02, a price-to-earnings-growth ratio of 2.65 and a beta of 1.50. Williams-Sonoma, Inc. has a 1 year low of $165.51 and a 1 year high of $254.89.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings results on Thursday, May 21st. The specialty retailer reported $1.93 EPS for the quarter, beating the consensus estimate of $1.80 by $0.13. Williams-Sonoma had a return on equity of 53.29% and a net margin of 13.81%.The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.80 billion. During the same quarter last year, the firm earned $1.85 earnings per share. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. On average, equities research analysts expect that Williams-Sonoma, Inc. will post 9.38 EPS for the current year.

Williams-Sonoma Announces Dividend

The business 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 $0.76 dividend. The ex-dividend date of this dividend is Friday, July 17th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.3%. Williams-Sonoma’s dividend payout ratio (DPR) is 34.04%.

Wall Street Analyst Weigh In

WSM has been the topic of a number of research analyst reports. Barclays set a $190.00 price target on Williams-Sonoma and gave the stock an “equal weight” rating in a research report on Friday, May 22nd. Argus set a $230.00 price objective on Williams-Sonoma in a report on Friday, May 29th. Royal Bank Of Canada raised their price objective on Williams-Sonoma from $192.00 to $260.00 and gave the company an “outperform” rating in a report on Friday. Seaport Research Partners reaffirmed a “buy” rating on shares of Williams-Sonoma in a research note on Friday. Finally, Wells Fargo & Company upped their target price on shares of Williams-Sonoma from $190.00 to $240.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $231.88.

Insiders Place Their Bets

In related news, CEO Laura Alber sold 15,000 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $200.00, for a total value of $3,000,000.00. Following the completion of the sale, the chief executive officer owned 923,524 shares of the company’s stock, valued at approximately $184,704,800. This represents a 1.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through 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 dated Friday, August 7th. The stock was sold at an average price of $246.39, for a total transaction of $128,615.58. Following the sale, the executive vice president owned 20,195 shares of the company’s stock, valued at approximately $4,975,846.05. The trade was a 2.52% decrease in their ownership of the stock. 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 a total of 18,156 shares of company stock valued at $3,738,699 over the last ninety days. Corporate insiders own 1.10% of the company’s stock.

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.