American Century Companies Inc. Has $82.93 Million Position in Williams-Sonoma, Inc. $WSM

American Century Companies Inc. lowered its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 4.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 424,288 shares of the specialty retailer’s stock after selling 19,877 shares during the period. American Century Companies Inc. owned approximately 0.35% of Williams-Sonoma worth $82,927,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of WSM. Gateway Investment Advisers LLC lifted its position in shares of Williams-Sonoma by 37.9% in the third quarter. Gateway Investment Advisers LLC now owns 16,398 shares of the specialty retailer’s stock worth $3,205,000 after purchasing an additional 4,510 shares in the last quarter. EFG Asset Management North America Corp. grew its position in Williams-Sonoma by 51.5% during the third quarter. EFG Asset Management North America Corp. now owns 14,593 shares of the specialty retailer’s stock valued at $2,852,000 after purchasing an additional 4,961 shares in the last quarter. Principal Financial Group Inc. increased its stake in Williams-Sonoma by 30.2% in the 3rd quarter. Principal Financial Group Inc. now owns 997,414 shares of the specialty retailer’s stock valued at $194,947,000 after buying an additional 231,489 shares during the period. Soltis Investment Advisors LLC lifted its position in Williams-Sonoma by 54.9% in the 2nd quarter. Soltis Investment Advisors LLC now owns 24,245 shares of the specialty retailer’s stock worth $3,961,000 after buying an additional 8,592 shares in the last quarter. Finally, Berry Wealth Group LP purchased a new stake in Williams-Sonoma in the 2nd quarter worth approximately $230,000. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Price Performance

Shares of NYSE:WSM opened at $199.16 on Wednesday. The stock has a market capitalization of $23.78 billion, a P/E ratio of 21.91, a P/E/G ratio of 3.01 and a beta of 1.64. The business has a 50-day moving average of $204.61 and a two-hundred day moving average of $195.85. Williams-Sonoma, Inc. has a fifty-two week low of $130.07 and a fifty-two week high of $222.00.

Williams-Sonoma Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 20th. Shareholders of record on Friday, January 16th were given a dividend of $0.66 per share. The ex-dividend date of this dividend was Friday, January 16th. This represents a $2.64 dividend on an annualized basis and a yield of 1.3%. Williams-Sonoma’s dividend payout ratio is presently 29.04%.

Insider Activity at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 35,000 shares of the stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $207.39, for a total transaction of $7,258,650.00. Following the transaction, the chief executive officer owned 806,537 shares in the company, valued at $167,267,708.43. This trade represents a 4.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Karalyn Yearout sold 767 shares of the business’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $205.16, for a total transaction of $157,357.72. Following the completion of the sale, the executive vice president owned 13,236 shares of the company’s stock, valued at $2,715,497.76. The trade was a 5.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Citigroup lowered their price target on shares of Williams-Sonoma from $202.00 to $188.00 and set a “neutral” rating on the stock in a report on Thursday, November 20th. Telsey Advisory Group lowered their target price on Williams-Sonoma from $225.00 to $220.00 and set an “outperform” rating on the stock in a research note on Thursday, November 20th. TD Cowen reaffirmed a “buy” rating and issued a $245.00 target price (up from $210.00) on shares of Williams-Sonoma in a research report on Tuesday, January 20th. Evercore set a $215.00 price target on Williams-Sonoma in a report on Tuesday, February 10th. Finally, Zelman & Associates raised Williams-Sonoma from an “underperform” rating to a “neutral” rating and set a $205.00 price target for the company in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $202.11.

Williams-Sonoma Company Profile

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.