Chilton Investment Co. Inc. Acquires New Shares in Williams-Sonoma, Inc. $WSM

Chilton Investment Co. Inc. acquired a new position in Williams-Sonoma, Inc. (NYSE:WSMFree Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 14,752 shares of the specialty retailer’s stock, valued at approximately $2,883,000.

Other hedge funds have also bought and sold shares of the company. True Wealth Design LLC boosted its holdings 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 acquiring an additional 76 shares during the last quarter. Vermillion & White Wealth Management Group LLC raised its holdings in shares of Williams-Sonoma by 130.8% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 180 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 102 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in shares of 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 purchasing an additional 88 shares during the last quarter. Parkside Financial Bank & Trust lifted its position 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 purchasing an additional 83 shares during the period. Finally, Root Financial Partners LLC purchased a new stake in Williams-Sonoma in the third quarter worth approximately $48,000. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on WSM. UBS Group lifted their target price on shares of Williams-Sonoma from $175.00 to $185.00 and gave the stock a “neutral” rating in a research report on Wednesday. Weiss Ratings raised Williams-Sonoma from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Telsey Advisory Group restated an “outperform” rating and issued a $220.00 price target on shares of Williams-Sonoma in a research note on Thursday. Citigroup lifted their price objective on Williams-Sonoma from $188.00 to $208.00 and gave the stock a “neutral” rating in a report on Friday, March 6th. Finally, Royal Bank Of Canada set a $206.00 price objective on Williams-Sonoma and gave the company an “outperform” rating in a research report on Friday, November 21st. One investment 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 MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $203.78.

Read Our Latest Analysis on Williams-Sonoma

Williams-Sonoma Trading Up 0.5%

Shares of NYSE WSM opened at $180.24 on Friday. The firm has a 50 day moving average of $204.98 and a 200 day moving average of $195.17. The firm has a market capitalization of $21.52 billion, a price-to-earnings ratio of 19.83, a price-to-earnings-growth ratio of 2.69 and a beta of 1.64. Williams-Sonoma, Inc. has a 12-month low of $130.07 and a 12-month high of $222.00.

Williams-Sonoma Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, January 16th were paid a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Friday, January 16th. Williams-Sonoma’s dividend payout ratio is 29.04%.

Insider Buying and Selling at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 35,000 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was 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 owned 806,537 shares of the company’s stock, valued at approximately $167,267,708.43. The trade was a 4.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Karalyn Yearout sold 767 shares of the business’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $205.16, for a total value of $157,357.72. Following the sale, the executive vice president directly owned 13,236 shares of the company’s stock, valued at $2,715,497.76. This represents a 5.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.10% of the company’s stock.

Williams-Sonoma Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding WSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams-Sonoma, Inc. (NYSE:WSMFree Report).

Institutional Ownership by Quarter for Williams-Sonoma (NYSE:WSM)

Receive News & Ratings for Williams-Sonoma Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams-Sonoma and related companies with MarketBeat.com's FREE daily email newsletter.