15,088 Shares in Williams-Sonoma, Inc. $WSM Acquired by Jupiter Topco LLC

Jupiter Topco LLC purchased a new stake in Williams-Sonoma, Inc. (NYSE:WSM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 15,088 shares of the specialty retailer’s stock, valued at approximately $3,516,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in shares of Williams-Sonoma in the 2nd quarter valued at $2,656,062,000. Aristotle Capital Management LLC boosted its position in Williams-Sonoma by 22.0% in the first quarter. Aristotle Capital Management LLC now owns 11,140,471 shares of the specialty retailer’s stock valued at $2,031,242,000 after buying an additional 2,009,032 shares in the last quarter. State Street Corp grew its stake in Williams-Sonoma by 2.5% during the third quarter. State Street Corp now owns 6,139,477 shares of the specialty retailer’s stock worth $1,199,961,000 after buying an additional 147,780 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Williams-Sonoma by 9.2% during the first quarter. First Trust Advisors LP now owns 2,664,580 shares of the specialty retailer’s stock worth $485,833,000 after buying an additional 224,128 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Williams-Sonoma by 7.3% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,919,466 shares of the specialty retailer’s stock valued at $342,797,000 after acquiring an additional 130,940 shares during the last quarter. 99.29% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Argus set a $230.00 target price on Williams-Sonoma in a report on Friday, May 29th. Morgan Stanley lifted their price objective on Williams-Sonoma from $210.00 to $240.00 and gave the company an “equal weight” rating in a research report on Thursday, August 27th. Piper Sandler started coverage on Williams-Sonoma in a research note on Monday, July 27th. They issued an “overweight” rating and a $253.00 price objective on the stock. Evercore set a $245.00 target price on Williams-Sonoma in a report on Thursday, August 27th. Finally, Weiss Ratings upgraded Williams-Sonoma from a “hold (c+)” rating to a “buy (b)” rating in a research note on Monday. Nine investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $244.44.

Williams-Sonoma Price Performance

Shares of Williams-Sonoma stock opened at $221.86 on Wednesday. The firm has a market cap of $26.13 billion, a P/E ratio of 22.71, a P/E/G ratio of 2.46 and a beta of 1.47. The firm has a 50 day simple moving average of $233.44 and a 200 day simple moving average of $208.56. Williams-Sonoma, Inc. has a fifty-two week low of $165.51 and a fifty-two week high of $254.89.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings data on Wednesday, August 26th. The specialty retailer reported $2.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.02. Williams-Sonoma had a return on equity of 53.48% and a net margin of 14.73%.The firm had revenue of $1.96 billion for the quarter, compared to the consensus estimate of $1.93 billion. During the same quarter in the prior year, the business earned $2.00 EPS. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year. On average, sell-side analysts expect that Williams-Sonoma, Inc. will post 9.46 EPS for the current year.

Williams-Sonoma Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Friday, July 17th were given a dividend of $0.76 per share. The ex-dividend date was Friday, July 17th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.4%. Williams-Sonoma’s payout ratio is presently 31.12%.

Insider Activity

In other news, EVP Karalyn Yearout sold 1,112 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $228.49, for a total transaction of $254,080.88. Following the transaction, the executive vice president owned 21,717 shares of the company’s stock, valued at $4,962,117.33. This represents a 4.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,156 shares of company stock worth $738,699 over the last quarter. Corporate insiders own 1.10% of the company’s stock.

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.