Citigroup Inc. Has $19.15 Million Holdings in Williams-Sonoma, Inc. $WSM

Citigroup Inc. lessened its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 16.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 98,001 shares of the specialty retailer’s stock after selling 19,978 shares during the period. Citigroup Inc. owned about 0.08% of Williams-Sonoma worth $19,154,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in WSM. True Wealth Design LLC increased its holdings in Williams-Sonoma by 111.8% in the third quarter. True Wealth Design LLC now owns 144 shares of the specialty retailer’s stock worth $28,000 after buying an additional 76 shares during the last quarter. Vermillion & White Wealth Management Group LLC lifted its position in Williams-Sonoma by 130.8% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 180 shares of the specialty retailer’s stock worth $29,000 after acquiring an additional 102 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in Williams-Sonoma by 57.2% during the 3rd quarter. Parkside Financial Bank & Trust now owns 228 shares of the specialty retailer’s stock valued at $45,000 after purchasing an additional 83 shares during the period. Root Financial Partners LLC bought a new stake in shares of Williams-Sonoma in the third quarter valued at approximately $48,000. Finally, SJS Investment Consulting Inc. grew its position in Williams-Sonoma by 1,236.8% in the 3rd quarter. SJS Investment Consulting Inc. now owns 254 shares of the specialty retailer’s stock worth $50,000 after purchasing an additional 235 shares during the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 35,000 shares of the stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $207.39, for a total transaction of $7,258,650.00. Following the sale, the chief executive officer directly owned 806,537 shares in the company, valued at $167,267,708.43. This represents a 4.16% decrease in their ownership of the stock. The sale was disclosed in a filing 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 that occurred on Wednesday, January 14th. The shares were sold at an average price of $205.16, for a total transaction of $157,357.72. Following the completion of the transaction, 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. 1.10% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on WSM. Wells Fargo & Company upped their target price 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. Royal Bank Of Canada set a $206.00 target price on Williams-Sonoma and gave the stock an “outperform” rating in a report on Friday, November 21st. Zelman & Associates raised shares of Williams-Sonoma from an “underperform” rating to a “neutral” rating and set a $205.00 price objective on the stock in a report on Thursday, January 29th. UBS Group set a $175.00 price target on Williams-Sonoma and gave the company a “neutral” rating in a report on Thursday, November 20th. Finally, Telsey Advisory Group decreased their target price on Williams-Sonoma from $225.00 to $220.00 and set an “outperform” rating for the company in a research report on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $202.11.

Williams-Sonoma Trading Up 1.2%

Shares of NYSE WSM opened at $211.64 on Friday. The business’s 50 day moving average is $203.88 and its 200-day moving average is $196.04. The firm has a market cap of $25.27 billion, a P/E ratio of 23.28, a price-to-earnings-growth ratio of 3.13 and a beta of 1.64. Williams-Sonoma, Inc. has a 1-year low of $130.07 and a 1-year high of $222.00.

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 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 1.2%. Williams-Sonoma’s dividend payout ratio is currently 29.04%.

About Williams-Sonoma

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.