Mutual of America Capital Management LLC Has $2.30 Million Stake in Williams-Sonoma, Inc. $WSM

Mutual of America Capital Management LLC decreased its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 1.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,095 shares of the specialty retailer’s stock after selling 199 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Williams-Sonoma were worth $2,303,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Parallel Advisors LLC grew its position in shares of Williams-Sonoma by 2.1% during the 2nd quarter. Parallel Advisors LLC now owns 3,016 shares of the specialty retailer’s stock worth $493,000 after buying an additional 61 shares during the period. Hemington Wealth Management grew its position in shares of Williams-Sonoma by 15.3% during the 1st quarter. Hemington Wealth Management now owns 482 shares of the specialty retailer’s stock worth $76,000 after buying an additional 64 shares during the period. TFB Advisors LLC lifted its holdings in shares of Williams-Sonoma by 5.5% in the 1st quarter. TFB Advisors LLC now owns 1,281 shares of the specialty retailer’s stock worth $203,000 after purchasing an additional 67 shares in the last quarter. Groupe la Francaise lifted its holdings in shares of Williams-Sonoma by 13.0% in the 1st quarter. Groupe la Francaise now owns 583 shares of the specialty retailer’s stock worth $96,000 after purchasing an additional 67 shares in the last quarter. Finally, Graypoint LLC lifted its holdings in shares of Williams-Sonoma by 1.5% in the 1st quarter. Graypoint LLC now owns 4,791 shares of the specialty retailer’s stock worth $757,000 after purchasing an additional 69 shares in the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Morgan Stanley increased their target price on Williams-Sonoma from $185.00 to $200.00 and gave the stock an “equal weight” rating in a report on Thursday, August 28th. Royal Bank Of Canada increased their target price on Williams-Sonoma from $212.00 to $213.00 and gave the stock an “outperform” rating in a report on Thursday, August 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Williams-Sonoma in a report on Friday. Gordon Haskett upgraded Williams-Sonoma from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a report on Wednesday, July 23rd. Finally, Citigroup increased their target price on Williams-Sonoma from $162.00 to $202.00 and gave the stock a “neutral” rating in a report on Friday, August 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $198.56.

Insiders Place Their Bets

In other news, EVP Karalyn Yearout sold 3,500 shares of Williams-Sonoma stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $198.79, for a total transaction of $695,765.00. Following the sale, the executive vice president directly owned 14,003 shares in the company, valued at $2,783,656.37. The trade was a 20.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Jeffrey Howie sold 3,153 shares of Williams-Sonoma stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $198.84, for a total value of $626,942.52. Following the sale, the chief financial officer owned 34,138 shares in the company, valued at $6,787,999.92. The trade was a 8.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 114,153 shares of company stock valued at $22,901,008. 1.10% of the stock is currently owned by company insiders.

Williams-Sonoma Price Performance

NYSE WSM opened at $189.27 on Friday. The stock has a market capitalization of $23.05 billion, a price-to-earnings ratio of 20.82, a PEG ratio of 3.05 and a beta of 1.55. Williams-Sonoma, Inc. has a one year low of $125.33 and a one year high of $219.98. The business’s fifty day moving average is $195.22 and its 200-day moving average is $176.97.

Williams-Sonoma (NYSE:WSM) last released its earnings results on Wednesday, August 27th. The specialty retailer reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.79 by $0.21. The company had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Williams-Sonoma had a return on equity of 54.47% and a net margin of 14.54%.The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.74 EPS. Williams-Sonoma has set its FY 2025 guidance at EPS. Research analysts expect that Williams-Sonoma, Inc. will post 8.36 EPS for the current fiscal 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 paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, October 17th. Williams-Sonoma’s 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.