Nisa Investment Advisors LLC Purchases 25,883 Shares of Williams-Sonoma, Inc. $WSM

Nisa Investment Advisors LLC grew its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 27.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 120,695 shares of the specialty retailer’s stock after buying an additional 25,883 shares during the period. Nisa Investment Advisors LLC’s holdings in Williams-Sonoma were worth $23,590,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Maseco LLP acquired a new position in shares of Williams-Sonoma in the second quarter valued at about $26,000. True Wealth Design LLC boosted its holdings in Williams-Sonoma by 111.8% in 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 grew its position in shares of 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 purchasing an additional 102 shares in the last quarter. Richardson Financial Services Inc. bought a new position in shares of Williams-Sonoma during the second quarter worth approximately $48,000. Finally, SJS Investment Consulting Inc. raised its position in shares of Williams-Sonoma by 1,236.8% in the third quarter. SJS Investment Consulting Inc. now owns 254 shares of the specialty retailer’s stock valued at $50,000 after buying an additional 235 shares in the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on WSM. Weiss Ratings reissued a “hold (c+)” rating on shares of Williams-Sonoma in a research report on Monday, December 29th. Wells Fargo & Company increased their target price on Williams-Sonoma from $190.00 to $205.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 11th. Citigroup decreased their price target on Williams-Sonoma from $202.00 to $188.00 and set a “neutral” rating on the stock in a research report on Thursday, November 20th. UBS Group set a $175.00 price objective on shares of Williams-Sonoma and gave the stock a “neutral” rating in a research report on Thursday, November 20th. Finally, Evercore ISI raised their target price on shares of Williams-Sonoma from $190.00 to $195.00 and gave the company an “in-line” rating in a report on Tuesday, December 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Williams-Sonoma currently has a consensus rating of “Moderate Buy” and an average price target of $198.71.

Insiders Place Their Bets

In other Williams-Sonoma news, CEO Laura Alber sold 12,161 shares of the business’s stock in a transaction on Wednesday, November 26th. The shares were sold at an average price of $181.07, for a total transaction of $2,201,992.27. Following the sale, the chief executive officer owned 846,927 shares of the company’s stock, valued at approximately $153,353,071.89. The trade was a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.10% of the stock is owned by corporate insiders.

Williams-Sonoma Stock Up 0.7%

NYSE:WSM opened at $199.10 on Friday. Williams-Sonoma, Inc. has a twelve month low of $130.07 and a twelve month high of $219.98. The stock’s 50-day simple moving average is $185.94 and its 200 day simple moving average is $188.24. The firm has a market capitalization of $23.77 billion, a PE ratio of 21.90, a price-to-earnings-growth ratio of 3.10 and a beta of 1.58.

Williams-Sonoma (NYSE:WSM) last posted its earnings results on Wednesday, November 19th. The specialty retailer reported $1.96 EPS for the quarter, topping analysts’ consensus estimates of $1.87 by $0.09. Williams-Sonoma had a net margin of 14.30% and a return on equity of 53.10%. The firm had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the prior year, the business earned $1.96 earnings per share. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. On average, analysts anticipate that Williams-Sonoma, Inc. will post 8.36 EPS for the current fiscal year.

Williams-Sonoma Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, January 16th will be paid a $0.66 dividend. The ex-dividend date of this dividend is Friday, January 16th. This represents a $2.64 annualized dividend and a yield of 1.3%. Williams-Sonoma’s dividend payout ratio 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.