Lansforsakringar Fondforvaltning AB publ Has $6.70 Million Holdings in Williams-Sonoma, Inc. $WSM

Lansforsakringar Fondforvaltning AB publ lessened its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 8.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,747 shares of the specialty retailer’s stock after selling 3,264 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Williams-Sonoma were worth $6,700,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Atlantic Union Bankshares Corp grew its holdings in Williams-Sonoma by 51.5% during the 4th quarter. Atlantic Union Bankshares Corp now owns 147 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 50 shares during the period. Diversify Advisory Services LLC raised its position in shares of Williams-Sonoma by 1.8% in the 4th quarter. Diversify Advisory Services LLC now owns 2,878 shares of the specialty retailer’s stock worth $514,000 after acquiring an additional 51 shares in the last quarter. Fulton Bank N.A. lifted its stake in shares of Williams-Sonoma by 0.5% in the 4th quarter. Fulton Bank N.A. now owns 10,438 shares of the specialty retailer’s stock valued at $1,864,000 after purchasing an additional 55 shares during the period. Mutual Advisors LLC lifted its stake in shares of Williams-Sonoma by 4.2% in the 4th quarter. Mutual Advisors LLC now owns 1,381 shares of the specialty retailer’s stock valued at $247,000 after purchasing an additional 56 shares during the period. Finally, Arjuna Capital boosted its position in shares of Williams-Sonoma by 1.6% during the 4th quarter. Arjuna Capital now owns 3,564 shares of the specialty retailer’s stock valued at $636,000 after purchasing an additional 57 shares in the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. UBS Group raised their target price on Williams-Sonoma from $175.00 to $185.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 11th. Royal Bank Of Canada set a $192.00 price target on Williams-Sonoma and gave the company an “outperform” rating in a research note on Friday, May 22nd. TD Cowen cut their price target on Williams-Sonoma from $250.00 to $225.00 and set a “buy” rating on the stock in a report on Thursday, March 19th. Wells Fargo & Company set a $190.00 price objective on shares of Williams-Sonoma and gave the stock an “equal weight” rating in a research report on Friday, May 22nd. Finally, The Goldman Sachs Group upgraded shares of Williams-Sonoma from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $185.00 to $218.00 in a research note on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, Williams-Sonoma has an average rating of “Moderate Buy” and a consensus price target of $211.47.

Insider Activity

In related news, CEO Laura Alber sold 20,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $172.61, for a total value of $3,452,200.00. Following the transaction, the chief executive officer owned 938,524 shares of the company’s stock, valued at approximately $161,998,627.64. This trade represents a 2.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeffrey Howie sold 1,419 shares of Williams-Sonoma stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $188.45, for a total value of $267,410.55. Following the transaction, the chief financial officer owned 34,138 shares of the company’s stock, valued at $6,433,306.10. This trade represents a 3.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 55,320 shares of company stock worth $10,516,069 over the last three months. 1.10% of the stock is currently owned by insiders.

Williams-Sonoma Stock Performance

Shares of NYSE:WSM opened at $227.20 on Friday. Williams-Sonoma, Inc. has a 52-week low of $161.76 and a 52-week high of $244.65. The business’s 50 day simple moving average is $202.92 and its two-hundred day simple moving average is $198.66. The firm has a market cap of $26.75 billion, a P/E ratio of 25.44, a PEG ratio of 2.50 and a beta of 1.49.

Williams-Sonoma (NYSE:WSM) last released its quarterly earnings data on Thursday, May 21st. The specialty retailer reported $1.93 EPS for the quarter, beating the consensus estimate of $1.80 by $0.13. Williams-Sonoma had a return on equity of 53.29% and a net margin of 13.81%.The firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter in the previous year, the company posted $1.85 earnings per share. The company’s quarterly revenue was up 4.4% on a year-over-year basis. On average, equities analysts forecast that Williams-Sonoma, Inc. will post 9.39 earnings per share for the current fiscal year.

Williams-Sonoma Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, July 17th will be paid a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, July 17th. Williams-Sonoma’s dividend payout ratio (DPR) is 22.17%.

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.