Roberts Wealth Advisors LLC Purchases 349 Shares of Williams-Sonoma, Inc. $WSM

Roberts Wealth Advisors LLC grew its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 1.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,115 shares of the specialty retailer’s stock after purchasing an additional 349 shares during the period. Williams-Sonoma comprises about 1.3% of Roberts Wealth Advisors LLC’s investment portfolio, making the stock its 28th biggest holding. Roberts Wealth Advisors LLC’s holdings in Williams-Sonoma were worth $4,430,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in WSM. Vanguard Group Inc. increased its holdings in Williams-Sonoma by 21.8% during the first quarter. Vanguard Group Inc. now owns 15,630,310 shares of the specialty retailer’s stock valued at $2,471,152,000 after buying an additional 2,797,562 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Williams-Sonoma by 34.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,436,839 shares of the specialty retailer’s stock valued at $227,164,000 after acquiring an additional 365,718 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Williams-Sonoma by 31.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,076,959 shares of the specialty retailer’s stock worth $170,267,000 after purchasing an additional 254,550 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in Williams-Sonoma by 740.4% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 591,690 shares of the specialty retailer’s stock worth $96,664,000 after purchasing an additional 521,283 shares during the period. Finally, Nuveen LLC purchased a new position in Williams-Sonoma during the first quarter valued at $85,075,000. 99.29% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Williams-Sonoma

In related news, EVP David Randolph King sold 17,500 shares of Williams-Sonoma stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $203.60, for a total value of $3,563,000.00. Following the completion of the transaction, the executive vice president owned 98,560 shares in the company, valued at approximately $20,066,816. This trade represents a 15.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Laura Alber sold 90,000 shares of the business’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $200.17, for a total value of $18,015,300.00. Following the sale, the chief executive officer directly owned 876,927 shares in the company, valued at $175,534,477.59. The trade was a 9.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 144,153 shares of company stock worth $27,946,408 in the last 90 days. 1.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

WSM has been the subject of a number of recent analyst reports. Citigroup upped their price target on shares of Williams-Sonoma from $162.00 to $202.00 and gave the stock a “neutral” rating in a research report on Friday, August 22nd. JPMorgan Chase & Co. lifted their target price on Williams-Sonoma from $168.00 to $215.00 and gave the company a “neutral” rating in a research note on Thursday, August 28th. Weiss Ratings restated a “buy (b-)” rating on shares of Williams-Sonoma in a research note on Saturday, September 27th. Royal Bank Of Canada lifted their price objective on shares of Williams-Sonoma from $212.00 to $213.00 and gave the company an “outperform” rating in a research report on Thursday, August 28th. Finally, Gordon Haskett raised shares of Williams-Sonoma from a “hold” rating to a “buy” rating and set a $205.00 target price on the stock in a report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $199.11.

Williams-Sonoma Price Performance

NYSE:WSM opened at $196.38 on Tuesday. The company has a market cap of $23.92 billion, a price-to-earnings ratio of 21.60, a PEG ratio of 3.22 and a beta of 1.55. Williams-Sonoma, Inc. has a 1 year low of $125.33 and a 1 year high of $219.98. The stock’s 50 day simple moving average is $198.06 and its two-hundred day simple moving average is $173.82.

Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.21. Williams-Sonoma had a net margin of 14.54% and a return on equity of 54.47%. The company had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter in the previous year, the business posted $1.74 earnings per share. Williams-Sonoma’s quarterly 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 anticipate that Williams-Sonoma, Inc. will post 8.36 EPS for the current year.

Williams-Sonoma Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, October 17th will be given a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, October 17th. Williams-Sonoma’s dividend payout ratio is currently 29.04%.

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.