Boston Trust Walden Corp grew its holdings in Williams-Sonoma, Inc. (NYSE:WSM – Free Report) by 64.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 442,815 shares of the specialty retailer’s stock after acquiring an additional 173,223 shares during the quarter. Boston Trust Walden Corp owned 0.35% of Williams-Sonoma worth $68,601,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of the business. Motley Fool Asset Management LLC increased its stake in Williams-Sonoma by 4.4% during the 1st quarter. Motley Fool Asset Management LLC now owns 1,225 shares of the specialty retailer’s stock worth $389,000 after purchasing an additional 52 shares in the last quarter. Quent Capital LLC increased its position in shares of Williams-Sonoma by 19.7% during the first quarter. Quent Capital LLC now owns 358 shares of the specialty retailer’s stock worth $114,000 after acquiring an additional 59 shares in the last quarter. Bleakley Financial Group LLC raised its holdings in shares of Williams-Sonoma by 6.3% during the first quarter. Bleakley Financial Group LLC now owns 1,199 shares of the specialty retailer’s stock worth $381,000 after acquiring an additional 71 shares during the period. Proficio Capital Partners LLC lifted its position in Williams-Sonoma by 6.1% in the 1st quarter. Proficio Capital Partners LLC now owns 1,320 shares of the specialty retailer’s stock valued at $419,000 after acquiring an additional 76 shares in the last quarter. Finally, EntryPoint Capital LLC lifted its position in Williams-Sonoma by 520.0% in the 1st quarter. EntryPoint Capital LLC now owns 93 shares of the specialty retailer’s stock valued at $30,000 after acquiring an additional 78 shares in the last quarter. 99.29% of the stock is currently owned by institutional investors.
Insider Activity at Williams-Sonoma
In other Williams-Sonoma news, EVP Karalyn Smith sold 11,100 shares of the firm’s stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $134.66, for a total transaction of $1,494,726.00. Following the completion of the sale, the executive vice president now directly owns 15,150 shares in the company, valued at $2,040,099. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, EVP Karalyn Smith sold 11,100 shares of Williams-Sonoma stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $134.66, for a total transaction of $1,494,726.00. Following the completion of the sale, the executive vice president now owns 15,150 shares of the company’s stock, valued at approximately $2,040,099. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Laura Alber sold 40,000 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $145.27, for a total transaction of $5,810,800.00. Following the completion of the sale, the chief executive officer now directly owns 1,030,956 shares of the company’s stock, valued at approximately $149,766,978.12. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is owned by company insiders.
Analysts Set New Price Targets
Read Our Latest Report on Williams-Sonoma
Williams-Sonoma Trading Down 2.0 %
NYSE:WSM traded down $2.76 on Friday, hitting $134.76. The company’s stock had a trading volume of 1,617,431 shares, compared to its average volume of 1,913,047. Williams-Sonoma, Inc. has a one year low of $71.56 and a one year high of $174.26. The firm has a market capitalization of $17.03 billion, a P/E ratio of 16.19, a price-to-earnings-growth ratio of 2.75 and a beta of 1.74. The stock has a fifty day moving average of $142.20 and a two-hundred day moving average of $145.69.
Williams-Sonoma (NYSE:WSM – Get Free Report) last posted its quarterly earnings results on Thursday, August 22nd. The specialty retailer reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.61 by $0.13. Williams-Sonoma had a return on equity of 51.57% and a net margin of 14.29%. The business had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter in the prior year, the business earned $1.56 EPS. The firm’s revenue for the quarter was down 4.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Williams-Sonoma, Inc. will post 7.99 EPS for the current year.
Williams-Sonoma Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Friday, October 18th will be issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend is Friday, October 18th. Williams-Sonoma’s payout ratio is 27.39%.
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.
Read More
- Five stocks we like better than Williams-Sonoma
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- How to Calculate Retirement Income: MarketBeat’s Calculator
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- MarketBeat Week in Review – 10/21- 10/25
Want to see what other hedge funds are holding WSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams-Sonoma, Inc. (NYSE:WSM – Free Report).
Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter.