AG2R LA Mondiale Gestion D Actifs Has $1.04 Million Stock Position in Williams-Sonoma, Inc. $WSM

AG2R LA Mondiale Gestion D Actifs decreased its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 5.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,344 shares of the specialty retailer’s stock after selling 341 shares during the quarter. AG2R LA Mondiale Gestion D Actifs’ holdings in Williams-Sonoma were worth $1,036,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Allspring Global Investments Holdings LLC acquired a new position in shares of Williams-Sonoma during the 1st quarter worth $895,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Williams-Sonoma by 128.0% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 217,644 shares of the specialty retailer’s stock worth $34,410,000 after purchasing an additional 122,180 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of Williams-Sonoma by 10.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 17,402 shares of the specialty retailer’s stock worth $2,751,000 after purchasing an additional 1,673 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Williams-Sonoma by 26.2% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 14,197 shares of the specialty retailer’s stock worth $2,245,000 after purchasing an additional 2,945 shares during the last quarter. Finally, Arkadios Wealth Advisors acquired a new position in shares of Williams-Sonoma during the 1st quarter worth $309,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on WSM shares. Wells Fargo & Company raised their target price on shares of Williams-Sonoma from $170.00 to $190.00 and gave the company an “equal weight” rating in a research note on Monday, August 25th. Morgan Stanley raised their target price 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 lowered their target price on shares of Williams-Sonoma from $210.00 to $200.00 and set an “in-line” rating on the stock in a research note on Tuesday, October 14th. UBS Group set a $200.00 target price on shares of Williams-Sonoma in a research note on Thursday, August 28th. Finally, Argus set a $212.00 target price on shares of Williams-Sonoma in a research note on Tuesday, September 2nd. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Williams-Sonoma presently has an average rating of “Moderate Buy” and a consensus price target of $198.56.

Insider Buying and Selling at Williams-Sonoma

In other news, EVP Karalyn Yearout sold 3,500 shares of the firm’s stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $198.79, for a total transaction of $695,765.00. Following the completion of the transaction, the executive vice president directly owned 14,003 shares of the company’s stock, valued at approximately $2,783,656.37. This trade represents a 20.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Laura Alber sold 90,000 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $200.17, for a total transaction of $18,015,300.00. Following the transaction, the chief executive officer directly owned 876,927 shares of the company’s stock, 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 114,153 shares of company stock valued at $22,901,008 over the last quarter. 1.10% of the stock is currently owned by insiders.

Williams-Sonoma Price Performance

Shares of Williams-Sonoma stock opened at $189.27 on Monday. Williams-Sonoma, Inc. has a fifty-two week low of $125.33 and a fifty-two week high of $219.98. The firm has a fifty day moving average price of $195.22 and a two-hundred day moving average price of $177.10. The company has a market cap of $23.05 billion, a PE ratio of 20.82, a price-to-earnings-growth ratio of 3.05 and a beta of 1.55.

Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings results 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 net margin of 14.54% and a return on equity of 54.47%. The firm had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the prior year, the firm earned $1.74 EPS. The business’s revenue was up 2.7% on a year-over-year basis. Williams-Sonoma has set its FY 2025 guidance at EPS. Analysts expect that Williams-Sonoma, Inc. will post 8.36 earnings per share for the current fiscal year.

Williams-Sonoma Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, October 17th will be issued a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, October 17th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 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.