Williams-Sonoma, Inc. (WSM) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 20.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 47,869 shares of the specialty retailer’s stock after buying an additional 8,023 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.06% of Williams-Sonoma worth $3,146,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Blackhill Capital Inc. raised its holdings in Williams-Sonoma by 0.8% during the 3rd quarter. Blackhill Capital Inc. now owns 4,049,526 shares of the specialty retailer’s stock worth $266,135,000 after buying an additional 30,794 shares during the period. Janus Henderson Group PLC raised its holdings in Williams-Sonoma by 5.3% during the 2nd quarter. Janus Henderson Group PLC now owns 3,625,775 shares of the specialty retailer’s stock worth $222,550,000 after buying an additional 182,488 shares during the period. Renaissance Technologies LLC raised its holdings in Williams-Sonoma by 125.0% during the 2nd quarter. Renaissance Technologies LLC now owns 1,283,900 shares of the specialty retailer’s stock worth $78,806,000 after buying an additional 713,300 shares during the period. LSV Asset Management raised its holdings in Williams-Sonoma by 99.5% during the 2nd quarter. LSV Asset Management now owns 1,055,795 shares of the specialty retailer’s stock worth $64,804,000 after buying an additional 526,595 shares during the period. Finally, Northern Trust Corp raised its holdings in Williams-Sonoma by 3.9% during the 2nd quarter. Northern Trust Corp now owns 808,451 shares of the specialty retailer’s stock worth $49,623,000 after buying an additional 30,545 shares during the period.

In related news, insider Janet Hayes sold 14,376 shares of the firm’s stock in a transaction on Friday, September 14th. The shares were sold at an average price of $68.10, for a total value of $979,005.60. Following the completion of the transaction, the insider now directly owns 44,889 shares of the company’s stock, valued at $3,056,940.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP David Randolph King sold 24,323 shares of the firm’s stock in a transaction on Friday, August 31st. The shares were sold at an average price of $68.88, for a total transaction of $1,675,368.24. Following the completion of the transaction, the executive vice president now directly owns 17,589 shares of the company’s stock, valued at $1,211,530.32. The disclosure for this sale can be found here. 0.87% of the stock is currently owned by company insiders.

NYSE:WSM opened at $62.65 on Tuesday. Williams-Sonoma, Inc. has a 1-year low of $44.01 and a 1-year high of $73.99. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.56 and a quick ratio of 0.40. The firm has a market capitalization of $5.09 billion, a P/E ratio of 17.35, a PEG ratio of 1.86 and a beta of 0.95.

Williams-Sonoma (NYSE:WSM) last released its earnings results on Wednesday, August 22nd. The specialty retailer reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.09. Williams-Sonoma had a net margin of 4.84% and a return on equity of 28.68%. The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.26 billion. During the same period last year, the business earned $0.61 earnings per share. The firm’s revenue was up 6.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Williams-Sonoma, Inc. will post 4.34 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 21st. Investors of record on Friday, October 26th will be paid a $0.43 dividend. The ex-dividend date of this dividend is Thursday, October 25th. This represents a $1.72 annualized dividend and a dividend yield of 2.75%. Williams-Sonoma’s dividend payout ratio is presently 47.65%.

WSM has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of Williams-Sonoma from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a report on Friday, July 20th. Loop Capital lifted their price objective on shares of Williams-Sonoma to $65.00 and gave the company a “hold” rating in a report on Thursday, August 23rd. They noted that the move was a valuation call. ValuEngine downgraded shares of Williams-Sonoma from a “buy” rating to a “hold” rating in a report on Thursday, September 13th. Buckingham Research lifted their price objective on shares of Williams-Sonoma from $54.00 to $64.00 and gave the company a “neutral” rating in a report on Thursday, August 23rd. Finally, Royal Bank of Canada lifted their price objective on shares of Williams-Sonoma to $67.00 and gave the company a “market perform” rating in a report on Thursday, August 23rd. Six equities research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $59.23.

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Williams-Sonoma Profile

Williams-Sonoma, Inc operates as a multi-channel specialty retailer of various products for home. It operates through two segments, E-commerce and Retail. The company offers cooking, dining, and entertaining products, including cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma brand, as well as home furnishings and decorative accessories under the Williams Sonoma Home brand; and furniture, bedding, bathroom accessories, rugs, curtains, lighting, tabletop, outdoor, and decorative accessories under the Pottery Barn brand.

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Institutional Ownership by Quarter for Williams-Sonoma (NYSE:WSM)

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