14,154 Shares in Williams-Sonoma, Inc. $WSM Purchased by Lotus Technology Management LP

Lotus Technology Management LP bought a new stake in Williams-Sonoma, Inc. (NYSE:WSM) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 14,154 shares of the specialty retailer’s stock, valued at approximately $3,299,000. Williams-Sonoma makes up 4.1% of Lotus Technology Management LP’s portfolio, making the stock its 4th largest holding.

A number of other large investors have also recently bought and sold shares of WSM. Caitong International Asset Management Co. Ltd bought a new position in shares of Williams-Sonoma during the 4th quarter worth approximately $25,000. Atlantic Union Bankshares Corp lifted its position in shares of Williams-Sonoma by 51.5% in the fourth quarter. Atlantic Union Bankshares Corp now owns 147 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 50 shares in the last quarter. MidFirst Bank bought a new stake in shares of Williams-Sonoma in the fourth quarter worth $30,000. Ballast Advisors LLC acquired a new position in Williams-Sonoma during the first quarter worth $30,000. Finally, Millstone Evans Group LLC boosted its holdings in Williams-Sonoma by 229.4% during the first quarter. Millstone Evans Group LLC now owns 168 shares of the specialty retailer’s stock worth $31,000 after purchasing an additional 117 shares during the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

Williams-Sonoma Price Performance

Shares of WSM opened at $234.74 on Wednesday. The firm has a 50-day moving average of $232.78 and a 200-day moving average of $208.00. Williams-Sonoma, Inc. has a one year low of $165.51 and a one year high of $254.89. The company has a market cap 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 company also recently announced a quarterly dividend, which was paid on Friday, August 21st. Investors of record on Friday, July 17th were paid a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 1.3%. The ex-dividend date was Friday, July 17th. Williams-Sonoma’s dividend payout ratio (DPR) is 34.04%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Evercore set a $240.00 price target on shares of Williams-Sonoma in a research note on Tuesday, August 4th. Credit Suisse Group set a $261.00 price objective on shares of Williams-Sonoma in a research note on Monday. Bank of America reaffirmed a “buy” rating and issued a $261.00 target price (up from $250.00) on shares of Williams-Sonoma in a research report on Monday. Wells Fargo & Company upped their target price on Williams-Sonoma from $190.00 to $240.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 11th. Finally, TD Cowen restated a “buy” rating on shares of Williams-Sonoma in a research note on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $234.11.

Insider Buying and Selling

In other Williams-Sonoma news, EVP Karalyn Yearout sold 1,112 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $228.49, for a total transaction of $254,080.88. Following the transaction, the executive vice president owned 21,717 shares of the company’s stock, valued at $4,962,117.33. The trade was a 4.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,156 shares of company stock worth $738,699 in the last three months. Company insiders own 1.10% of the company’s stock.

About Williams-Sonoma

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.