TFB Advisors LLC Has $256,000 Stock Holdings in Williams-Sonoma, Inc. $WSM

TFB Advisors LLC boosted its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 22.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,569 shares of the specialty retailer’s stock after purchasing an additional 288 shares during the period. TFB Advisors LLC’s holdings in Williams-Sonoma were worth $256,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Maseco LLP acquired a new position in Williams-Sonoma during the second quarter valued at approximately $26,000. Quarry LP lifted its position in shares of Williams-Sonoma by 99.0% in the first quarter. Quarry LP now owns 199 shares of the specialty retailer’s stock valued at $31,000 after buying an additional 99 shares during the last quarter. Costello Asset Management INC acquired a new stake in shares of Williams-Sonoma in the first quarter valued at approximately $32,000. Wayfinding Financial LLC acquired a new stake in shares of Williams-Sonoma in the first quarter valued at approximately $35,000. Finally, Golden State Wealth Management LLC lifted its position in shares of Williams-Sonoma by 123.6% in the first quarter. Golden State Wealth Management LLC now owns 246 shares of the specialty retailer’s stock valued at $39,000 after buying an additional 136 shares during the last quarter. 99.29% of the stock is owned by institutional investors and hedge funds.

Williams-Sonoma Stock Down 1.6%

NYSE WSM opened at $187.77 on Thursday. The firm has a 50-day moving average price of $195.85 and a two-hundred day moving average price of $176.07. Williams-Sonoma, Inc. has a 12-month low of $125.33 and a 12-month high of $219.98. The company has a market capitalization of $22.87 billion, a P/E ratio of 20.66, a P/E/G ratio of 3.08 and a beta of 1.55.

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

Williams-Sonoma Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 21st. Shareholders of record on Friday, October 17th will be issued a $0.66 dividend. The ex-dividend date of this dividend is Friday, October 17th. This represents a $2.64 annualized dividend and a yield of 1.4%. Williams-Sonoma’s payout ratio is currently 29.04%.

Insider Buying and Selling

In other news, EVP David Randolph King sold 17,500 shares of the company’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $203.60, for a total transaction of $3,563,000.00. Following the completion of the sale, the executive vice president directly owned 98,560 shares in the company, valued at approximately $20,066,816. This represents a 15.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Laura Alber sold 90,000 shares of the firm’s stock in a transaction on Monday, September 15th. The stock was sold at an average price of $200.17, for a total value of $18,015,300.00. Following the completion of the transaction, the chief executive officer owned 876,927 shares in the company, valued at $175,534,477.59. The trade was a 9.31% decrease in their position. The disclosure for this sale can be found here. 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.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $215.00 price objective on shares of Williams-Sonoma in a research report on Thursday, August 28th. UBS Group set a $200.00 price target on shares of Williams-Sonoma in a research note on Thursday, August 28th. JPMorgan Chase & Co. increased their price target on shares of Williams-Sonoma from $168.00 to $215.00 and gave the company a “neutral” rating in a report on Thursday, August 28th. Gordon Haskett upgraded Williams-Sonoma from a “hold” rating to a “buy” rating and set a $205.00 price objective for the company in a report on Wednesday, July 23rd. Finally, Morgan Stanley increased their target price on Williams-Sonoma from $185.00 to $200.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 28th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $198.56.

About Williams-Sonoma

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.