CreativeOne Wealth LLC Has $1.47 Million Holdings in Williams-Sonoma, Inc. $WSM

CreativeOne Wealth LLC cut its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 39.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,495 shares of the specialty retailer’s stock after selling 4,798 shares during the period. CreativeOne Wealth LLC’s holdings in Williams-Sonoma were worth $1,465,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of WSM. Natixis Advisors LLC raised its position in Williams-Sonoma by 3.7% in the 3rd quarter. Natixis Advisors LLC now owns 27,844 shares of the specialty retailer’s stock worth $5,442,000 after purchasing an additional 984 shares during the last quarter. Korea Investment CORP raised its position in shares of Williams-Sonoma by 1.3% during the third quarter. Korea Investment CORP now owns 82,413 shares of the specialty retailer’s stock worth $16,108,000 after acquiring an additional 1,088 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC raised its position in shares of Williams-Sonoma by 16.3% during the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 5,511 shares of the specialty retailer’s stock worth $1,077,000 after acquiring an additional 772 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich acquired a new position in shares of Williams-Sonoma during the third quarter valued at $4,605,000. Finally, Ameriflex Group Inc. boosted its holdings in Williams-Sonoma by 1,061.5% in the third quarter. Ameriflex Group Inc. now owns 302 shares of the specialty retailer’s stock valued at $59,000 after acquiring an additional 276 shares during the last quarter. 99.29% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

WSM has been the subject of a number of research reports. Telsey Advisory Group lowered their price objective 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. TD Cowen restated a “buy” rating and set a $245.00 target price (up from $210.00) on shares of Williams-Sonoma in a research report on Tuesday, January 20th. Weiss Ratings upgraded shares of Williams-Sonoma from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Citigroup boosted their price target on shares of Williams-Sonoma from $188.00 to $208.00 and gave the stock a “neutral” rating in a research note on Friday, March 6th. Finally, UBS Group set a $175.00 price objective on shares of Williams-Sonoma and gave the company a “neutral” rating in a 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 given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $203.22.

Insider Buying and Selling

In related news, 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 in the company, valued at approximately $2,715,497.76. The trade was a 5.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Laura Alber sold 35,000 shares of the company’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 transaction of $7,258,650.00. Following the completion of the sale, the chief executive officer directly owned 806,537 shares of the company’s stock, valued at $167,267,708.43. The trade was a 4.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is currently owned by insiders.

Williams-Sonoma Trading Up 0.2%

Williams-Sonoma stock opened at $188.76 on Wednesday. The firm has a market capitalization of $22.53 billion, a P/E ratio of 20.77, a PEG ratio of 2.82 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. The business has a 50-day moving average of $204.97 and a 200-day moving average of $195.50.

Williams-Sonoma Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, January 16th were paid a dividend of $0.66 per share. The ex-dividend date of this dividend was Friday, January 16th. This represents a $2.64 annualized dividend and a yield of 1.4%. Williams-Sonoma’s dividend payout ratio (DPR) is presently 29.04%.

Williams-Sonoma 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.