Williams-Sonoma, Inc. $WSM Shares Sold by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise cut its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 41.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,847 shares of the specialty retailer’s stock after selling 6,299 shares during the period. Banque Cantonale Vaudoise’s holdings in Williams-Sonoma were worth $1,729,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in WSM. True Wealth Design LLC increased its position in shares of Williams-Sonoma by 111.8% during the 3rd quarter. True Wealth Design LLC now owns 144 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 76 shares during the period. Vermillion & White Wealth Management Group LLC lifted its holdings in shares of Williams-Sonoma by 130.8% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 180 shares of the specialty retailer’s stock valued at $29,000 after buying an additional 102 shares during the period. Cary Street Partners Investment Advisory LLC boosted its stake in Williams-Sonoma by 66.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 220 shares of the specialty retailer’s stock valued at $43,000 after buying an additional 88 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in Williams-Sonoma by 57.2% during the third quarter. Parkside Financial Bank & Trust now owns 228 shares of the specialty retailer’s stock valued at $45,000 after buying an additional 83 shares in the last quarter. Finally, Root Financial Partners LLC acquired a new position in Williams-Sonoma during the third quarter worth about $48,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

Williams-Sonoma Stock Down 1.4%

Shares of NYSE:WSM opened at $185.70 on Thursday. The company’s fifty day moving average is $205.11 and its two-hundred day moving average is $195.43. 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 $22.17 billion, a P/E ratio of 20.43, a price-to-earnings-growth ratio of 2.82 and a beta of 1.64.

Williams-Sonoma Announces Dividend

The firm 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. This represents a $2.64 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Friday, January 16th. Williams-Sonoma’s payout ratio is presently 29.04%.

Insider Buying and Selling at Williams-Sonoma

In related news, CEO Laura Alber sold 35,000 shares of the stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $207.39, for a total value 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 approximately $167,267,708.43. This represents a 4.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Karalyn Yearout sold 767 shares of the stock in a transaction that occurred 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 directly owned 13,236 shares of the company’s stock, valued at $2,715,497.76. This trade represents a 5.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on WSM. Evercore set a $215.00 price target on shares of Williams-Sonoma in a report on Tuesday, February 10th. Royal Bank Of Canada set a $206.00 price objective on shares of Williams-Sonoma and gave the stock an “outperform” rating in a research note on Friday, November 21st. Telsey Advisory Group dropped their target price on shares of Williams-Sonoma from $225.00 to $220.00 and set an “outperform” rating on the stock in a report on Thursday, November 20th. Citigroup increased their target price on shares of Williams-Sonoma from $188.00 to $208.00 and gave the company a “neutral” rating in a research note on Friday, March 6th. Finally, Zelman & Associates upgraded shares of Williams-Sonoma from an “underperform” rating to a “neutral” rating and set a $205.00 price target on the stock in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $203.78.

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.