1,410 Shares in Williams-Sonoma, Inc. $WSM Bought by Berry Wealth Group LP

Berry Wealth Group LP acquired a new position in shares of Williams-Sonoma, Inc. (NYSE:WSM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,410 shares of the specialty retailer’s stock, valued at approximately $230,000.

Other institutional investors have also recently made changes to their positions in the company. Parallel Advisors LLC lifted its position in shares of Williams-Sonoma by 2.1% during the second quarter. Parallel Advisors LLC now owns 3,016 shares of the specialty retailer’s stock valued at $493,000 after purchasing an additional 61 shares in the last quarter. Hemington Wealth Management increased its stake in Williams-Sonoma by 15.3% in the 1st quarter. Hemington Wealth Management now owns 482 shares of the specialty retailer’s stock valued at $76,000 after buying an additional 64 shares during the last quarter. TFB Advisors LLC increased its stake in Williams-Sonoma by 5.5% in the 1st quarter. TFB Advisors LLC now owns 1,281 shares of the specialty retailer’s stock valued at $203,000 after buying an additional 67 shares during the last quarter. Groupe la Francaise lifted its position in shares of Williams-Sonoma by 13.0% during the 1st quarter. Groupe la Francaise now owns 583 shares of the specialty retailer’s stock worth $96,000 after buying an additional 67 shares in the last quarter. Finally, Aaron Wealth Advisors LLC boosted its stake in shares of Williams-Sonoma by 4.8% in the 2nd quarter. Aaron Wealth Advisors LLC now owns 1,585 shares of the specialty retailer’s stock worth $259,000 after buying an additional 72 shares during the last quarter. Institutional investors own 99.29% of the company’s stock.

Wall Street Analysts Forecast Growth

WSM has been the subject of a number of research analyst reports. Morgan Stanley increased their price target on Williams-Sonoma from $185.00 to $200.00 and gave the company an “equal weight” rating in a research report on Thursday, August 28th. Wells Fargo & Company upped their price objective on Williams-Sonoma from $190.00 to $205.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 11th. JPMorgan Chase & Co. lifted their target price on Williams-Sonoma from $168.00 to $215.00 and gave the stock a “neutral” rating in a research note on Thursday, August 28th. TD Cowen reduced their price target on shares of Williams-Sonoma from $225.00 to $210.00 and set a “buy” rating for the company in a research report on Thursday, November 20th. Finally, Royal Bank Of Canada set a $206.00 price objective on shares of Williams-Sonoma and gave the stock an “outperform” rating in a report on Friday, November 21st. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $199.00.

Insider Activity

In related news, EVP David Randolph King sold 17,500 shares of the company’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $203.60, for a total transaction of $3,563,000.00. Following the sale, the executive vice president owned 98,560 shares of the company’s stock, valued at approximately $20,066,816. This represents a 15.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Laura Alber sold 12,161 shares of the stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $181.07, for a total transaction of $2,201,992.27. Following the completion of the sale, the chief executive officer owned 846,927 shares in the company, valued at $153,353,071.89. This represents a 1.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 144,153 shares of company stock valued at $28,287,440. Corporate insiders own 1.10% of the company’s stock.

Williams-Sonoma Price Performance

Shares of WSM stock opened at $180.26 on Friday. The stock has a market capitalization of $21.95 billion, a price-to-earnings ratio of 19.83, a PEG ratio of 3.16 and a beta of 1.56. The company’s fifty day simple moving average is $190.01 and its two-hundred day simple moving average is $183.20. Williams-Sonoma, Inc. has a 1 year low of $130.07 and a 1 year high of $219.98.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings results on Wednesday, November 19th. The specialty retailer reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.87 by $0.09. The firm had revenue of $1.88 billion during the quarter, compared to analyst estimates of $1.86 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 4.6% on a year-over-year basis. During the same period last year, the company earned $1.96 earnings per share. Williams-Sonoma has set its FY 2025 guidance at EPS. Equities research analysts anticipate that Williams-Sonoma, Inc. will post 8.36 EPS for the current year.

Williams-Sonoma Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Friday, October 17th were given a dividend of $0.66 per share. The ex-dividend date was Friday, October 17th. This represents a $2.64 annualized dividend and a dividend yield of 1.5%. Williams-Sonoma’s dividend payout ratio is currently 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.