Williams-Sonoma, Inc. $WSM Shares Sold by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. lessened its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 7.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 36,431 shares of the specialty retailer’s stock after selling 2,799 shares during the period. Dana Investment Advisors Inc.’s holdings in Williams-Sonoma were worth $7,120,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Williams-Sonoma in the 2nd quarter valued at approximately $212,107,000. Voya Investment Management LLC grew its stake in shares of Williams-Sonoma by 184.3% during the third quarter. Voya Investment Management LLC now owns 861,236 shares of the specialty retailer’s stock worth $167,927,000 after purchasing an additional 558,311 shares in the last quarter. Invesco Ltd. increased its holdings in Williams-Sonoma by 30.6% in the second quarter. Invesco Ltd. now owns 1,741,639 shares of the specialty retailer’s stock valued at $284,532,000 after buying an additional 407,929 shares during the last quarter. First Trust Advisors LP raised its stake in Williams-Sonoma by 30.0% in the second quarter. First Trust Advisors LP now owns 1,736,466 shares of the specialty retailer’s stock valued at $283,686,000 after buying an additional 401,138 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Williams-Sonoma by 44.9% in the second quarter. JPMorgan Chase & Co. now owns 1,256,734 shares of the specialty retailer’s stock valued at $205,317,000 after buying an additional 389,548 shares in the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Price Performance

WSM stock opened at $208.77 on Wednesday. The company has a fifty day moving average price of $202.96 and a 200 day moving average price of $195.84. Williams-Sonoma, Inc. has a 12 month low of $130.07 and a 12 month high of $222.00. The company has a market cap of $24.92 billion, a price-to-earnings ratio of 22.97, a price-to-earnings-growth ratio of 3.02 and a beta of 1.64.

Williams-Sonoma Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, January 16th were issued 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 dividend yield of 1.3%. Williams-Sonoma’s dividend payout ratio (DPR) is currently 29.04%.

Analysts Set New Price Targets

WSM has been the subject of several analyst reports. TD Cowen reaffirmed a “buy” rating and set a $245.00 price objective (up from $210.00) on shares of Williams-Sonoma in a research report on Tuesday, January 20th. Zelman & Associates upgraded Williams-Sonoma from an “underperform” rating to a “neutral” rating and set a $205.00 target price for the company in a research note on Thursday, January 29th. UBS Group set a $175.00 price target on shares of Williams-Sonoma and gave the company a “neutral” rating in a research note on Thursday, November 20th. Evercore set a $215.00 target price on shares of Williams-Sonoma in a report on Tuesday, February 10th. Finally, Weiss Ratings upgraded shares of Williams-Sonoma from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $202.11.

Insider Activity

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

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.