Callan Family Office LLC Acquires Shares of 2,538 Williams-Sonoma, Inc. $WSM

Callan Family Office LLC bought a new position in Williams-Sonoma, Inc. (NYSE:WSM) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,538 shares of the specialty retailer’s stock, valued at approximately $592,000.

Several other institutional investors and hedge funds have also made changes to their positions in WSM. Y Intercept Hong Kong Ltd increased its position in shares of Williams-Sonoma by 1,844.3% during the first quarter. Y Intercept Hong Kong Ltd now owns 47,733 shares of the specialty retailer’s stock worth $8,703,000 after acquiring an additional 45,278 shares during the period. Little House Capital LLC purchased a new stake in shares of Williams-Sonoma in the first quarter valued at approximately $801,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Williams-Sonoma by 5,019.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 89,388 shares of the specialty retailer’s stock valued at $15,964,000 after purchasing an additional 87,642 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Williams-Sonoma in the fourth quarter worth approximately $1,173,000. Finally, BNP Paribas Financial Markets grew its stake in Williams-Sonoma by 23.8% in the fourth quarter. BNP Paribas Financial Markets now owns 294,598 shares of the specialty retailer’s stock worth $52,612,000 after purchasing an additional 56,578 shares in the last quarter. 99.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Wells Fargo & Company lifted their target price on Williams-Sonoma from $190.00 to $240.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 11th. Piper Sandler initiated coverage on Williams-Sonoma in a research note on Monday, July 27th. They set an “overweight” rating and a $253.00 price target on the stock. Citigroup restated a “neutral” rating and issued a $248.00 price objective (up from $200.00) on shares of Williams-Sonoma in a report on Thursday, August 13th. Argus set a $230.00 price objective on shares of Williams-Sonoma in a research note on Friday, May 29th. Finally, Weiss Ratings cut shares of Williams-Sonoma from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 14th. One 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’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $234.11.

Insider Activity

In related news, EVP Karalyn Yearout sold 1,112 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $228.49, for a total value of $254,080.88. Following the completion of the transaction, the executive vice president directly owned 21,717 shares of the company’s stock, valued at $4,962,117.33. This trade represents a 4.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 3,156 shares of company stock worth $738,699 in the last 90 days. Corporate insiders own 1.10% of the company’s stock.

Williams-Sonoma Stock Performance

Williams-Sonoma stock opened at $234.74 on Wednesday. The stock has a 50-day moving average of $232.78 and a two-hundred 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 stock 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 business also recently disclosed a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Friday, July 17th were issued a dividend of $0.76 per share. The ex-dividend date was Friday, July 17th. This represents a $3.04 annualized dividend and a dividend yield of 1.3%. Williams-Sonoma’s dividend payout ratio is 34.04%.

Williams-Sonoma 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.