3,876 Shares in Williams-Sonoma, Inc. $WSM Bought by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. purchased a new stake in Williams-Sonoma, Inc. (NYSE:WSM) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 3,876 shares of the specialty retailer’s stock, valued at approximately $903,000.

Other large investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Williams-Sonoma in the 2nd quarter valued at about $2,656,062,000. Aristotle Capital Management LLC increased its position in Williams-Sonoma by 22.0% during the first quarter. Aristotle Capital Management LLC now owns 11,140,471 shares of the specialty retailer’s stock worth $2,031,242,000 after buying an additional 2,009,032 shares during the period. Norges Bank acquired a new position in Williams-Sonoma during the fourth quarter worth approximately $316,920,000. Boston Partners purchased a new stake in Williams-Sonoma in the third quarter valued at approximately $254,778,000. Finally, Bank of New York Mellon Corp purchased a new stake in Williams-Sonoma in the second quarter valued at approximately $188,603,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

Insider Transactions at Williams-Sonoma

In other news, EVP Karalyn Yearout sold 1,112 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $228.49, for a total transaction 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 approximately $4,962,117.33. This represents a 4.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 3,156 shares of company stock worth $738,699. Insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

WSM has been the topic of a number of research reports. Weiss Ratings lowered shares of Williams-Sonoma from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. Barclays set a $190.00 price target on shares of Williams-Sonoma and gave the company an “equal weight” rating in a research report on Friday, May 22nd. Citigroup reiterated a “neutral” rating and set a $248.00 price target (up from $200.00) on shares of Williams-Sonoma in a research note on Thursday, August 13th. KeyCorp raised their price objective on shares of Williams-Sonoma from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 7th. Finally, Piper Sandler assumed coverage on shares of Williams-Sonoma in a research note on Monday, July 27th. They issued an “overweight” rating and a $253.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $234.11.

Williams-Sonoma Stock Down 1.3%

NYSE WSM opened at $234.74 on Wednesday. The stock has a market capitalization of $27.64 billion, a P/E ratio of 26.29, a P/E/G ratio of 2.61 and a beta of 1.50. Williams-Sonoma, Inc. has a 52-week low of $165.51 and a 52-week high of $254.89. The firm has a 50-day moving average price of $232.78 and a 200 day moving average price of $208.00.

Williams-Sonoma Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 21st. Shareholders of record on Friday, July 17th were given a dividend of $0.76 per share. The ex-dividend date was Friday, July 17th. This represents a $3.04 annualized dividend and a yield of 1.3%. Williams-Sonoma’s payout ratio 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.