Drucker Wealth 3.0 LLC Invests $719,000 in Williams-Sonoma, Inc. $WSM

Drucker Wealth 3.0 LLC purchased a new stake in Williams-Sonoma, Inc. (NYSE:WSM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 3,677 shares of the specialty retailer’s stock, valued at approximately $719,000.

Several other hedge funds have also added to or reduced their stakes in WSM. Gateway Investment Advisers LLC increased its holdings in shares of Williams-Sonoma by 37.9% in the third quarter. Gateway Investment Advisers LLC now owns 16,398 shares of the specialty retailer’s stock worth $3,205,000 after acquiring an additional 4,510 shares in the last quarter. EFG Asset Management North America Corp. grew its position in shares of Williams-Sonoma by 51.5% in the 3rd quarter. EFG Asset Management North America Corp. now owns 14,593 shares of the specialty retailer’s stock valued at $2,852,000 after purchasing an additional 4,961 shares during the period. Principal Financial Group Inc. increased its stake in Williams-Sonoma by 30.2% during the 3rd quarter. Principal Financial Group Inc. now owns 997,414 shares of the specialty retailer’s stock worth $194,947,000 after purchasing an additional 231,489 shares in the last quarter. Soltis Investment Advisors LLC raised its holdings in Williams-Sonoma by 54.9% during the 2nd quarter. Soltis Investment Advisors LLC now owns 24,245 shares of the specialty retailer’s stock worth $3,961,000 after buying an additional 8,592 shares during the period. Finally, Ethic Inc. lifted its stake in Williams-Sonoma by 153.7% in the second quarter. Ethic Inc. now owns 12,279 shares of the specialty retailer’s stock valued at $2,016,000 after buying an additional 7,439 shares in the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

Insider Buying and Selling at Williams-Sonoma

In related news, CEO Laura Alber sold 35,000 shares of the firm’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $207.39, for a total value of $7,258,650.00. Following the completion of the sale, the chief executive officer directly owned 806,537 shares in the company, valued at approximately $167,267,708.43. This trade represents a 4.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Karalyn Yearout sold 767 shares of Williams-Sonoma stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $205.16, for a total value of $157,357.72. Following the transaction, the executive vice president owned 13,236 shares of the company’s stock, valued at $2,715,497.76. The trade was a 5.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 65,767 shares of company stock worth $12,802,440 over the last ninety days. Insiders own 1.10% of the company’s stock.

Williams-Sonoma Stock Performance

WSM opened at $214.10 on Thursday. The business’s 50-day simple moving average is $201.17 and its 200 day simple moving average is $195.65. Williams-Sonoma, Inc. has a 52-week low of $130.07 and a 52-week high of $221.81. The firm has a market capitalization of $25.56 billion, a PE ratio of 23.55, a PEG ratio of 3.17 and a beta of 1.64.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings results on Wednesday, November 19th. The specialty retailer reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.09. Williams-Sonoma had a return on equity of 53.10% and a net margin of 14.30%.The firm had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.86 billion. During the same quarter in the previous year, the firm earned $1.96 EPS. The business’s quarterly revenue was up 4.6% on a year-over-year basis. On average, research analysts forecast that Williams-Sonoma, Inc. will post 8.36 earnings per share for the current year.

Williams-Sonoma Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, January 16th will be issued a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, January 16th. Williams-Sonoma’s payout ratio is presently 29.04%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Citigroup lowered their price objective on shares of Williams-Sonoma from $202.00 to $188.00 and set a “neutral” rating for the company in a research report on Thursday, November 20th. Evercore set a $215.00 price target on Williams-Sonoma in a research note on Tuesday, February 10th. Telsey Advisory Group cut their price target on Williams-Sonoma from $225.00 to $220.00 and set an “outperform” rating on the stock in a report on Thursday, November 20th. Royal Bank Of Canada set a $206.00 price objective on Williams-Sonoma and gave the stock an “outperform” rating in a report on Friday, November 21st. Finally, Wells Fargo & Company boosted their target price on Williams-Sonoma from $190.00 to $205.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, Williams-Sonoma currently has a consensus rating of “Hold” and an average price target of $202.11.

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.