denkapparat Operations GmbH Buys Shares of 1,448 Williams-Sonoma, Inc. $WSM

denkapparat Operations GmbH bought a new position in shares of Williams-Sonoma, Inc. (NYSE:WSM) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 1,448 shares of the specialty retailer’s stock, valued at approximately $237,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Parallel Advisors LLC boosted its stake in Williams-Sonoma by 2.1% during the 2nd quarter. Parallel Advisors LLC now owns 3,016 shares of the specialty retailer’s stock worth $493,000 after acquiring an additional 61 shares during the last quarter. Hemington Wealth Management boosted its position in shares of Williams-Sonoma by 15.3% during the first quarter. Hemington Wealth Management now owns 482 shares of the specialty retailer’s stock worth $76,000 after purchasing an additional 64 shares in the last quarter. TFB Advisors LLC boosted its position in shares of Williams-Sonoma by 5.5% during the first quarter. TFB Advisors LLC now owns 1,281 shares of the specialty retailer’s stock worth $203,000 after purchasing an additional 67 shares in the last quarter. Groupe la Francaise grew its holdings in shares of Williams-Sonoma by 13.0% in the 1st quarter. Groupe la Francaise now owns 583 shares of the specialty retailer’s stock valued at $96,000 after buying an additional 67 shares during the period. Finally, Graypoint LLC increased its position in shares of Williams-Sonoma by 1.5% in the 1st quarter. Graypoint LLC now owns 4,791 shares of the specialty retailer’s stock valued at $757,000 after buying an additional 69 shares in the last quarter. 99.29% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. KeyCorp boosted their target price on Williams-Sonoma from $181.00 to $230.00 and gave the company an “overweight” rating in a research note on Monday, August 25th. Evercore ISI cut their price objective on Williams-Sonoma from $210.00 to $200.00 and set an “in-line” rating on the stock in a report on Tuesday, October 14th. Citigroup increased their target price on Williams-Sonoma from $162.00 to $202.00 and gave the stock a “neutral” rating in a research note on Friday, August 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Williams-Sonoma in a report on Wednesday, October 8th. Finally, The Goldman Sachs Group upped their price target on shares of Williams-Sonoma from $179.00 to $203.00 and gave the company a “neutral” rating in a report on Thursday, August 28th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $199.39.

Insider Buying and Selling at Williams-Sonoma

In related news, CFO Jeffrey Howie sold 3,153 shares of Williams-Sonoma stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $198.84, for a total value of $626,942.52. Following the sale, the chief financial officer owned 34,138 shares of the company’s stock, valued at approximately $6,787,999.92. The trade was a 8.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP David Randolph King sold 17,500 shares of the company’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $203.60, for a total value of $3,563,000.00. Following the sale, the executive vice president owned 98,560 shares in the company, valued at $20,066,816. The trade was a 15.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 114,153 shares of company stock valued at $22,901,008 over the last quarter. 1.10% of the stock is currently owned by corporate insiders.

Williams-Sonoma Stock Performance

Shares of Williams-Sonoma stock opened at $191.68 on Thursday. The firm has a market cap of $23.34 billion, a PE ratio of 21.09, a P/E/G ratio of 3.16 and a beta of 1.56. The business’s 50 day simple moving average is $195.07 and its 200 day simple moving average is $181.62. Williams-Sonoma, Inc. has a 52-week low of $128.37 and a 52-week high of $219.98.

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

Williams-Sonoma Announces Dividend

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

Williams-Sonoma Company Profile

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.