MassMutual Private Wealth & Trust FSB Has $352,000 Stake in Williams-Sonoma, Inc. $WSM

MassMutual Private Wealth & Trust FSB decreased its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 9.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,156 shares of the specialty retailer’s stock after selling 220 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Williams-Sonoma were worth $352,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in WSM. Brighton Jones LLC boosted its holdings in Williams-Sonoma by 22.4% during the fourth quarter. Brighton Jones LLC now owns 6,742 shares of the specialty retailer’s stock worth $1,248,000 after purchasing an additional 1,236 shares during the last quarter. Bison Wealth LLC acquired a new position in Williams-Sonoma during the fourth quarter worth $227,000. Snowden Capital Advisors LLC acquired a new position in Williams-Sonoma during the fourth quarter worth $246,000. Toronto Dominion Bank boosted its holdings in Williams-Sonoma by 4.0% during the fourth quarter. Toronto Dominion Bank now owns 16,526 shares of the specialty retailer’s stock worth $3,060,000 after purchasing an additional 629 shares during the last quarter. Finally, Tidal Investments LLC boosted its holdings in Williams-Sonoma by 47.4% during the fourth quarter. Tidal Investments LLC now owns 6,460 shares of the specialty retailer’s stock worth $1,196,000 after purchasing an additional 2,078 shares during the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on WSM shares. Morgan Stanley increased their price target 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. Evercore ISI increased their price target on shares of Williams-Sonoma from $200.00 to $210.00 and gave the company an “in-line” rating in a research note on Thursday, August 28th. Royal Bank Of Canada increased their price target on shares of Williams-Sonoma from $212.00 to $213.00 and gave the company an “outperform” rating in a research note on Thursday, August 28th. Gordon Haskett upgraded shares of Williams-Sonoma from a “hold” rating to a “buy” rating and set a $205.00 price target for the company in a research note on Wednesday, July 23rd. Finally, JPMorgan Chase & Co. increased their price target on shares of Williams-Sonoma from $168.00 to $215.00 and gave the company a “neutral” rating in a research note on Thursday, August 28th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $199.11.

Williams-Sonoma Trading Up 1.5%

WSM opened at $199.56 on Friday. The company’s 50 day moving average is $192.64 and its 200-day moving average is $171.97. Williams-Sonoma, Inc. has a 1-year low of $125.33 and a 1-year high of $219.98. The company has a market cap of $24.30 billion, a P/E ratio of 21.95, a PEG ratio of 3.16 and a beta of 1.52.

Williams-Sonoma (NYSE:WSM) last posted its earnings results on Wednesday, August 27th. The specialty retailer reported $2.00 EPS for the quarter, topping the consensus estimate of $1.79 by $0.21. Williams-Sonoma had a net margin of 14.54% and a return on equity of 54.47%. The business had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same period last year, the company earned $1.74 EPS. The firm’s revenue was up 2.7% compared to the same quarter last year. Williams-Sonoma has set its FY 2025 guidance at EPS. On average, equities analysts forecast that Williams-Sonoma, Inc. will post 8.36 EPS for the current year.

Williams-Sonoma Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 21st. Investors of record on Friday, October 17th will be given a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 1.3%. Williams-Sonoma’s dividend payout ratio is presently 29.04%.

Insider Transactions at Williams-Sonoma

In other news, CEO Laura Alber sold 90,000 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $200.17, for a total value of $18,015,300.00. Following the transaction, the chief executive officer 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP David Randolph King sold 17,500 shares of the business’s stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $203.60, for a total transaction of $3,563,000.00. Following the completion of the transaction, the executive vice president owned 98,560 shares in the company, valued at $20,066,816. This trade represents a 15.08% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 141,500 shares of company stock worth $27,299,540. Company insiders own 1.10% of the company’s stock.

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.