Fieldview Capital Management LLC Makes New $971,000 Investment in Williams-Sonoma, Inc. $WSM

Fieldview Capital Management LLC bought a new stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) during the 3rd quarter, HoldingsChannel reports. The firm bought 4,968 shares of the specialty retailer’s stock, valued at approximately $971,000.

Other large investors also recently made changes to their positions in the company. True Wealth Design LLC lifted its position in shares of Williams-Sonoma by 111.8% in the third quarter. True Wealth Design LLC now owns 144 shares of the specialty retailer’s stock worth $28,000 after purchasing an additional 76 shares in the last quarter. Vermillion & White Wealth Management Group LLC grew its position in Williams-Sonoma by 130.8% during the second quarter. Vermillion & White Wealth Management Group LLC now owns 180 shares of the specialty retailer’s stock valued at $29,000 after purchasing an additional 102 shares in the last quarter. Cary Street Partners Investment Advisory LLC grew its position in Williams-Sonoma by 66.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 220 shares of the specialty retailer’s stock valued at $43,000 after purchasing an additional 88 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in Williams-Sonoma by 57.2% in the 3rd quarter. Parkside Financial Bank & Trust now owns 228 shares of the specialty retailer’s stock valued at $45,000 after buying an additional 83 shares during the period. Finally, Root Financial Partners LLC acquired a new position in Williams-Sonoma in the 3rd quarter valued at approximately $48,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

Williams-Sonoma Stock Performance

Shares of WSM stock opened at $188.41 on Tuesday. The stock’s 50 day simple moving average is $204.82 and its 200 day simple moving average is $195.60. Williams-Sonoma, Inc. has a twelve month low of $130.07 and a twelve month high of $222.00. The company has a market capitalization of $22.49 billion, a price-to-earnings ratio of 20.73, a PEG ratio of 2.79 and a beta of 1.64.

Williams-Sonoma Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, January 16th were given a $0.66 dividend. The ex-dividend date of this dividend was Friday, January 16th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.4%. Williams-Sonoma’s dividend payout ratio (DPR) is currently 29.04%.

Insider Buying and Selling

In related news, EVP Karalyn Yearout sold 767 shares of the company’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $205.16, for a total transaction of $157,357.72. Following the completion of the sale, the executive vice president directly owned 13,236 shares of the company’s stock, valued at approximately $2,715,497.76. This represents a 5.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Laura Alber sold 35,000 shares of the firm’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $207.39, for a total transaction of $7,258,650.00. Following the completion of the transaction, the chief executive officer owned 806,537 shares in the company, valued at $167,267,708.43. The trade was a 4.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Evercore set a $215.00 target price on shares of Williams-Sonoma in a research note on Tuesday, February 10th. UBS Group set a $175.00 price target on shares of Williams-Sonoma and gave the stock a “neutral” rating in a research note on Thursday, November 20th. Telsey Advisory Group cut their price objective on Williams-Sonoma from $225.00 to $220.00 and set an “outperform” rating for the company in a report on Thursday, November 20th. Weiss Ratings raised Williams-Sonoma from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, February 18th. Finally, Zelman & Associates upgraded Williams-Sonoma from an “underperform” rating to a “neutral” rating and set a $205.00 target price on the stock in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, Williams-Sonoma currently has a consensus rating of “Moderate Buy” and an average target price of $203.22.

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.