Quantinno Capital Management LP Acquires 34,770 Shares of Williams-Sonoma, Inc. $WSM

Quantinno Capital Management LP raised its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 10.0% in the first quarter, HoldingsChannel reports. The firm owned 380,862 shares of the specialty retailer’s stock after buying an additional 34,770 shares during the quarter. Quantinno Capital Management LP’s holdings in Williams-Sonoma were worth $69,443,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Y Intercept Hong Kong Ltd boosted its position in Williams-Sonoma by 1,844.3% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 47,733 shares of the specialty retailer’s stock valued at $8,703,000 after acquiring an additional 45,278 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 acquiring an additional 87,642 shares in the last quarter. Little House Capital LLC bought a new position in shares of Williams-Sonoma in the 1st quarter worth approximately $801,000. Dynamic Technology Lab Private Ltd purchased a new position in shares of Williams-Sonoma in the 4th quarter valued at approximately $1,173,000. Finally, BNP Paribas Financial Markets lifted its stake in shares of Williams-Sonoma by 23.8% in the 4th quarter. BNP Paribas Financial Markets now owns 294,598 shares of the specialty retailer’s stock valued at $52,612,000 after purchasing an additional 56,578 shares during the period. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Wall Street Analysts Forecast Growth

WSM has been the topic of several recent research reports. Citigroup reduced their price target on Williams-Sonoma from $208.00 to $200.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. Weiss Ratings lowered Williams-Sonoma from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 2nd. Piper Sandler began coverage on shares of Williams-Sonoma in a report on Monday. They set an “overweight” rating and a $253.00 target price on the stock. Barclays set a $190.00 target price on shares of Williams-Sonoma and gave the stock an “equal weight” rating in a research report on Friday, May 22nd. Finally, Wells Fargo & Company set a $190.00 price target on shares of Williams-Sonoma and gave the stock an “equal weight” rating in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $215.47.

Insider Buying and Selling at Williams-Sonoma

In related news, EVP Karalyn Yearout sold 1,112 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $228.49, for a total transaction of $254,080.88. Following the sale, the executive vice president directly owned 21,717 shares of the company’s stock, valued at approximately $4,962,117.33. This represents a 4.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Laura Alber sold 20,000 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $172.61, for a total transaction of $3,452,200.00. Following the sale, the chief executive officer directly owned 938,524 shares in the company, valued at $161,998,627.64. This trade represents a 2.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 36,634 shares of company stock valued at $6,812,283 over the last 90 days. Corporate insiders own 1.10% of the company’s stock.

Williams-Sonoma Stock Up 1.0%

Shares of WSM opened at $236.62 on Wednesday. The stock has a market cap of $27.86 billion, a P/E ratio of 26.50, a P/E/G ratio of 2.57 and a beta of 1.49. The business’s 50 day moving average price is $218.39 and its 200-day moving average price is $203.28. Williams-Sonoma, Inc. has a 52 week low of $165.51 and a 52 week high of $244.65.

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

Williams-Sonoma Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Friday, July 17th will be issued a dividend of $0.76 per share. The ex-dividend date is Friday, July 17th. This represents a $3.04 annualized dividend and a dividend yield of 1.3%. Williams-Sonoma’s dividend payout ratio (DPR) is presently 34.04%.

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.