Callan Family Office LLC Takes $592,000 Position in Williams-Sonoma, Inc. $WSM

Callan Family Office LLC bought a new position in Williams-Sonoma, Inc. (NYSE:WSM) in the second quarter, Holdings Channel.com reports. The firm bought 2,538 shares of the specialty retailer’s stock, valued at approximately $592,000.

Several other large investors have also added to or reduced their stakes in WSM. Y Intercept Hong Kong Ltd lifted its holdings in shares of Williams-Sonoma by 1,844.3% during the first quarter. Y Intercept Hong Kong Ltd now owns 47,733 shares of the specialty retailer’s stock worth $8,703,000 after purchasing an additional 45,278 shares during the period. Little House Capital LLC acquired a new position in Williams-Sonoma in the 1st quarter worth approximately $801,000. Northwestern Mutual Wealth Management Co. increased its holdings in Williams-Sonoma by 5,019.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 89,388 shares of the specialty retailer’s stock worth $15,964,000 after buying an additional 87,642 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in Williams-Sonoma during the 4th quarter worth approximately $1,173,000. Finally, BNP Paribas Financial Markets raised its position in Williams-Sonoma by 23.8% during the 4th quarter. BNP Paribas Financial Markets now owns 294,598 shares of the specialty retailer’s stock worth $52,612,000 after buying an additional 56,578 shares during the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Insider Buying and Selling

In other news, EVP Karalyn Yearout sold 522 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $246.39, for a total value of $128,615.58. Following the completion of the sale, the executive vice president directly owned 20,195 shares in the company, valued at $4,975,846.05. The trade was a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 3,156 shares of company stock valued at $738,699 over the last quarter. 1.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on WSM. Seaport Research Partners reaffirmed a “buy” rating on shares of Williams-Sonoma in a report on Friday, August 14th. Royal Bank Of Canada raised their target price on shares of Williams-Sonoma from $192.00 to $260.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Evercore set a $240.00 target price on shares of Williams-Sonoma in a research report on Tuesday, August 4th. TD Cowen reaffirmed a “buy” rating on shares of Williams-Sonoma in a report on Monday, August 10th. Finally, Argus set a $230.00 price target on Williams-Sonoma in a research report on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Williams-Sonoma has a consensus rating of “Moderate Buy” and a consensus target price of $234.11.

Williams-Sonoma Stock Down 1.3%

NYSE:WSM opened at $234.74 on Wednesday. Williams-Sonoma, Inc. has a 52 week low of $165.51 and a 52 week high of $254.89. The stock’s 50-day moving average price is $232.78 and its 200-day moving average price is $208.00. The stock has a market capitalization of $27.64 billion, a PE ratio of 26.29, a price-to-earnings-growth ratio of 2.61 and a beta of 1.50.

Williams-Sonoma Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 21st. Shareholders of record on Friday, July 17th were issued a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Friday, July 17th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 34.04%.

Williams-Sonoma Company Profile

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.