CHICAGO TRUST Co NA Has $823,000 Holdings in Williams-Sonoma, Inc. $WSM

CHICAGO TRUST Co NA increased its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 5.2% in the second quarter, Holdings Channel reports. The firm owned 5,040 shares of the specialty retailer’s stock after buying an additional 251 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Williams-Sonoma were worth $823,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Parallel Advisors LLC grew its stake in shares of Williams-Sonoma by 2.1% during the second quarter. Parallel Advisors LLC now owns 3,016 shares of the specialty retailer’s stock worth $493,000 after purchasing an additional 61 shares during the period. Hemington Wealth Management grew its stake in Williams-Sonoma by 15.3% in the first quarter. Hemington Wealth Management now owns 482 shares of the specialty retailer’s stock valued at $76,000 after acquiring an additional 64 shares during the period. TFB Advisors LLC grew its stake in Williams-Sonoma by 5.5% in the first quarter. TFB Advisors LLC now owns 1,281 shares of the specialty retailer’s stock valued at $203,000 after acquiring an additional 67 shares during the period. Groupe la Francaise grew its stake in Williams-Sonoma by 13.0% in the first quarter. Groupe la Francaise now owns 583 shares of the specialty retailer’s stock valued at $96,000 after acquiring an additional 67 shares during the period. Finally, Graypoint LLC grew its stake in Williams-Sonoma by 1.5% in the first quarter. Graypoint LLC now owns 4,791 shares of the specialty retailer’s stock valued at $757,000 after acquiring an additional 69 shares during the period. 99.29% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Jeffrey Howie sold 3,153 shares of the firm’s stock in a transaction that occurred on Thursday, September 18th. The stock was sold at an average price of $198.84, for a total value of $626,942.52. Following the completion of the sale, the chief financial officer directly owned 34,138 shares of the company’s stock, valued at $6,787,999.92. This trade represents a 8.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP David Randolph King sold 17,500 shares of the firm’s stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $203.60, for a total value of $3,563,000.00. Following the completion of the sale, the executive vice president directly owned 98,560 shares of the company’s stock, valued at approximately $20,066,816. The trade was a 15.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 144,653 shares of company stock valued at $27,926,483 over the last three months. Insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

WSM has been the subject of a number of research analyst reports. KeyCorp boosted their target price on Williams-Sonoma from $181.00 to $230.00 and gave the company an “overweight” rating in a research note on Monday, August 25th. Citigroup boosted their target price on Williams-Sonoma from $162.00 to $202.00 and gave the company a “neutral” rating in a research note on Friday, August 22nd. Telsey Advisory Group reissued an “outperform” rating and issued a $215.00 target price on shares of Williams-Sonoma in a research note on Thursday, August 28th. Evercore ISI boosted their target price on Williams-Sonoma from $200.00 to $210.00 and gave the company an “in-line” rating in a research note on Thursday, August 28th. Finally, Argus set a $212.00 price target on Williams-Sonoma in a report on Tuesday, September 2nd. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $199.11.

Williams-Sonoma Stock Performance

Shares of NYSE WSM opened at $199.87 on Wednesday. The stock has a 50 day moving average price of $194.35 and a 200 day moving average price of $172.14. Williams-Sonoma, Inc. has a 52 week low of $125.33 and a 52 week high of $219.98. The stock has a market capitalization of $24.34 billion, a PE ratio of 21.99, a price-to-earnings-growth ratio of 3.16 and a beta of 1.52.

Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $2.00 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the prior year, the firm posted $1.74 earnings per share. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. Williams-Sonoma has set its FY 2025 guidance at EPS. As a group, research analysts forecast that Williams-Sonoma, Inc. will post 8.36 EPS for the current year.

Williams-Sonoma Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, October 17th will be 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 of this dividend is Friday, October 17th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 29.04%.

About Williams-Sonoma

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.