UniSuper Management Pty Ltd Has $2.26 Million Position in Williams-Sonoma, Inc. $WSM

UniSuper Management Pty Ltd increased its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 496.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 14,321 shares of the specialty retailer’s stock after purchasing an additional 11,921 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Williams-Sonoma were worth $2,264,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in WSM. Quarry LP lifted its holdings in Williams-Sonoma by 99.0% during the 1st quarter. Quarry LP now owns 199 shares of the specialty retailer’s stock worth $31,000 after purchasing an additional 99 shares during the last quarter. Sentry Investment Management LLC bought a new stake in Williams-Sonoma in the 1st quarter valued at about $32,000. Costello Asset Management INC bought a new stake in Williams-Sonoma in the 1st quarter valued at about $32,000. SOA Wealth Advisors LLC. bought a new stake in Williams-Sonoma in the 1st quarter valued at about $33,000. Finally, Wayfinding Financial LLC bought a new stake in Williams-Sonoma in the 1st quarter valued at about $35,000. 99.29% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Williams-Sonoma

In other news, EVP David Randolph King sold 17,500 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $203.60, for a total transaction of $3,563,000.00. Following the completion of the sale, the executive vice president directly owned 98,560 shares in the company, valued at $20,066,816. This represents a 15.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Laura Alber sold 30,000 shares of the stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $168.18, for a total transaction of $5,045,400.00. Following the sale, the chief executive officer owned 966,927 shares of the company’s stock, valued at approximately $162,617,782.86. This trade represents a 3.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 51,500 shares of company stock worth $9,284,240 over the last three months. 1.10% of the stock is owned by company insiders.

Williams-Sonoma Trading Down 0.0%

NYSE WSM opened at $202.60 on Thursday. The business’s 50-day moving average price is $189.46 and its two-hundred day moving average price is $171.76. Williams-Sonoma, Inc. has a 12 month low of $125.33 and a 12 month high of $219.98. The firm has a market capitalization of $24.67 billion, a PE ratio of 22.29, a price-to-earnings-growth ratio of 3.26 and a beta of 1.52.

Williams-Sonoma (NYSE:WSM) last released its quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.79 by $0.21. Williams-Sonoma had a return on equity of 54.47% and a net margin of 14.54%.The firm had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same quarter in the previous year, the company posted $1.74 EPS. The business’s revenue was up 2.7% on a year-over-year basis. Williams-Sonoma has set its FY 2025 guidance at EPS. As a group, analysts forecast that Williams-Sonoma, Inc. will post 8.36 earnings per share for the current fiscal year.

Williams-Sonoma Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Shareholders of record on Friday, July 18th were given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, July 18th. Williams-Sonoma’s payout ratio is 29.04%.

Analyst Upgrades and Downgrades

WSM has been the subject of a number of recent research reports. Argus set a $212.00 price objective on shares of Williams-Sonoma in a report on Tuesday, September 2nd. Zelman & Associates began coverage on shares of Williams-Sonoma in a research note on Thursday, May 15th. They set an “underperform” rating on the stock. Evercore ISI boosted their target price on shares of Williams-Sonoma from $200.00 to $210.00 and gave the stock an “in-line” rating in a research note on Thursday, August 28th. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $215.00 target price on shares of Williams-Sonoma in a report on Thursday, August 28th. Finally, JPMorgan Chase & Co. upped their target price on Williams-Sonoma from $168.00 to $215.00 and gave the stock a “neutral” rating in a report on Thursday, August 28th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $199.11.

Williams-Sonoma Profile

Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand.