Achmea Investment Management B.V. Buys 29,840 Shares of Williams-Sonoma, Inc. $WSM

Achmea Investment Management B.V. grew its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 22.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 163,252 shares of the specialty retailer’s stock after purchasing an additional 29,840 shares during the period. Achmea Investment Management B.V. owned approximately 0.13% of Williams-Sonoma worth $26,671,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Maseco LLP purchased a new position in shares of Williams-Sonoma during the second quarter valued at about $26,000. Quarry LP lifted its holdings in shares of Williams-Sonoma by 99.0% in the 1st quarter. Quarry LP now owns 199 shares of the specialty retailer’s stock valued at $31,000 after acquiring an additional 99 shares during the last quarter. Costello Asset Management INC bought a new position in shares of Williams-Sonoma in the 1st quarter valued at about $32,000. Richardson Financial Services Inc. bought a new position in shares of Williams-Sonoma in the 2nd quarter valued at about $48,000. Finally, Cromwell Holdings LLC lifted its holdings in shares of Williams-Sonoma by 7,675.0% in the 2nd quarter. Cromwell Holdings LLC now owns 311 shares of the specialty retailer’s stock valued at $51,000 after acquiring an additional 307 shares during the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Insider Activity at Williams-Sonoma

In other Williams-Sonoma news, EVP David Randolph King sold 17,500 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $203.60, for a total transaction of $3,563,000.00. Following the sale, the executive vice president directly owned 98,560 shares in the company, valued at $20,066,816. This represents a 15.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Karalyn Yearout sold 3,500 shares of the stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of $198.79, for a total transaction of $695,765.00. Following the sale, the executive vice president owned 14,003 shares in the company, valued at approximately $2,783,656.37. This trade represents a 20.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 114,153 shares of company stock valued at $22,901,008. 1.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

WSM has been the subject of a number of analyst reports. Royal Bank Of Canada increased their price target on shares of Williams-Sonoma from $212.00 to $213.00 and gave the company an “outperform” rating in a report on Thursday, August 28th. Citigroup lifted their price target on shares of Williams-Sonoma from $162.00 to $202.00 and gave the company a “neutral” rating in a research note on Friday, August 22nd. Morgan Stanley lifted their price target on shares of Williams-Sonoma from $185.00 to $200.00 and gave the company an “equal weight” rating in a research note on Thursday, August 28th. Evercore ISI cut their price target on shares of Williams-Sonoma from $210.00 to $200.00 and set an “in-line” rating on the stock in a report on Tuesday, October 14th. Finally, The Goldman Sachs Group lifted their price target on shares of Williams-Sonoma from $179.00 to $203.00 and gave the stock a “neutral” rating in a report on Thursday, August 28th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $198.56.

Williams-Sonoma Trading Up 2.6%

Shares of NYSE WSM opened at $198.99 on Thursday. Williams-Sonoma, Inc. has a 12-month low of $125.33 and a 12-month high of $219.98. The stock has a market cap of $24.23 billion, a PE ratio of 21.89, a P/E/G ratio of 3.16 and a beta of 1.56. The company has a 50-day moving average of $194.68 and a 200 day moving average of $179.95.

Williams-Sonoma (NYSE:WSM) last announced its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $2.00 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter in the prior year, the company earned $1.74 EPS. Williams-Sonoma’s revenue was up 2.7% compared to the same quarter last year. Williams-Sonoma has set its FY 2025 guidance at EPS. On average, sell-side analysts forecast that Williams-Sonoma, Inc. will post 8.36 EPS for the current fiscal year.

Williams-Sonoma Dividend Announcement

The company also recently declared 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 annualized dividend and a dividend yield of 1.3%. Williams-Sonoma’s dividend payout ratio is 29.04%.

Williams-Sonoma Company 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.