Williams-Sonoma, Inc. $WSM Shares Purchased by Astoria Portfolio Advisors LLC.

Astoria Portfolio Advisors LLC. lifted its position in Williams-Sonoma, Inc. (NYSE:WSM) by 5.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,913 shares of the specialty retailer’s stock after acquiring an additional 156 shares during the period. Astoria Portfolio Advisors LLC.’s holdings in Williams-Sonoma were worth $526,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. Concord Asset Management LLC VA boosted its stake in shares of Williams-Sonoma by 2.5% in the second quarter. Concord Asset Management LLC VA now owns 13,196 shares of the specialty retailer’s stock worth $2,156,000 after acquiring an additional 317 shares during the last quarter. Sequoia Financial Advisors LLC lifted its position in Williams-Sonoma by 17.3% during the second quarter. Sequoia Financial Advisors LLC now owns 52,058 shares of the specialty retailer’s stock worth $8,505,000 after buying an additional 7,660 shares in the last quarter. Vest Financial LLC lifted its position in Williams-Sonoma by 57.1% during the second quarter. Vest Financial LLC now owns 202,459 shares of the specialty retailer’s stock worth $33,076,000 after buying an additional 73,626 shares in the last quarter. OFI Invest Asset Management lifted its position in Williams-Sonoma by 69.8% during the second quarter. OFI Invest Asset Management now owns 652 shares of the specialty retailer’s stock worth $107,000 after buying an additional 268 shares in the last quarter. Finally, Richardson Financial Services Inc. purchased a new position in Williams-Sonoma during the second quarter worth approximately $48,000. 99.29% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Williams-Sonoma

In other news, CFO Jeffrey Howie sold 3,153 shares of Williams-Sonoma stock in a transaction 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 approximately $6,787,999.92. The trade was a 8.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Karalyn Yearout sold 3,500 shares of Williams-Sonoma stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $198.79, for a total value of $695,765.00. Following the completion of the sale, the executive vice president directly owned 14,003 shares of the company’s stock, valued at $2,783,656.37. The trade was a 20.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 144,153 shares of company stock valued at $27,946,408. Corporate insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on WSM. The Goldman Sachs Group lifted their price objective on Williams-Sonoma from $179.00 to $203.00 and gave the stock a “neutral” rating in a research report on Thursday, August 28th. Citigroup lifted their price objective on Williams-Sonoma from $162.00 to $202.00 and gave the stock a “neutral” rating in a research report on Friday, August 22nd. Evercore ISI lifted their price objective on Williams-Sonoma from $200.00 to $210.00 and gave the stock an “in-line” rating in a research report on Thursday, August 28th. JPMorgan Chase & Co. lifted their price objective on Williams-Sonoma from $168.00 to $215.00 and gave the stock a “neutral” rating in a research report on Thursday, August 28th. Finally, Wells Fargo & Company lifted their price objective on Williams-Sonoma from $170.00 to $190.00 and gave the stock an “equal weight” rating in a research report on Monday, August 25th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Williams-Sonoma presently has a consensus rating of “Moderate Buy” and an average price target of $199.11.

Williams-Sonoma Trading Down 4.2%

Shares of NYSE WSM opened at $181.42 on Monday. Williams-Sonoma, Inc. has a twelve month low of $125.33 and a twelve month high of $219.98. The stock has a fifty day simple moving average of $198.04 and a 200-day simple moving average of $174.39. The stock has a market capitalization of $22.10 billion, a PE ratio of 19.96, a PEG ratio of 2.93 and a beta of 1.55.

Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.79 by $0.21. Williams-Sonoma had a return on equity of 54.47% and a net margin of 14.54%.The business had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the previous year, the firm posted $1.74 earnings per share. The company’s revenue was up 2.7% on a year-over-year basis. Williams-Sonoma has set its FY 2025 guidance at EPS. On average, equities analysts predict that Williams-Sonoma, Inc. will post 8.36 earnings per share for the current year.

Williams-Sonoma Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, October 17th will be paid a $0.66 dividend. The ex-dividend date of this dividend is Friday, October 17th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.5%. Williams-Sonoma’s payout ratio is presently 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.