Coston McIsaac & Partners Has $11.19 Million Stock Position in Williams-Sonoma, Inc. (NYSE:WSM)

Williams-Sonoma logo with Retail/Wholesale background

Coston McIsaac & Partners lowered its holdings in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 10.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 60,448 shares of the specialty retailer's stock after selling 6,877 shares during the period. Williams-Sonoma makes up 3.3% of Coston McIsaac & Partners' investment portfolio, making the stock its 6th largest position. Coston McIsaac & Partners' holdings in Williams-Sonoma were worth $11,192,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. FMR LLC lifted its position in Williams-Sonoma by 72.7% during the third quarter. FMR LLC now owns 8,781,201 shares of the specialty retailer's stock valued at $1,360,384,000 after purchasing an additional 3,695,837 shares during the last quarter. State Street Corp grew its position in Williams-Sonoma by 108.8% in the third quarter. State Street Corp now owns 5,329,125 shares of the specialty retailer's stock worth $825,588,000 after acquiring an additional 2,777,339 shares in the last quarter. Geode Capital Management LLC increased its stake in Williams-Sonoma by 107.5% in the third quarter. Geode Capital Management LLC now owns 2,689,451 shares of the specialty retailer's stock valued at $418,223,000 after acquiring an additional 1,393,436 shares during the last quarter. Pacer Advisors Inc. raised its position in Williams-Sonoma by 118.7% during the third quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer's stock valued at $326,931,000 after purchasing an additional 1,145,410 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Williams-Sonoma by 104.8% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,105,336 shares of the specialty retailer's stock worth $171,239,000 after purchasing an additional 565,745 shares during the last quarter. Institutional investors own 99.29% of the company's stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on Williams-Sonoma from $136.00 to $145.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 19th. Jefferies Financial Group upped their price objective on shares of Williams-Sonoma from $194.00 to $226.00 and gave the company a "buy" rating in a research note on Wednesday, December 18th. Telsey Advisory Group lifted their target price on shares of Williams-Sonoma from $165.00 to $190.00 and gave the stock an "outperform" rating in a research report on Thursday, November 21st. The Goldman Sachs Group upped their price target on shares of Williams-Sonoma from $170.00 to $224.00 and gave the company a "neutral" rating in a research report on Thursday. Finally, Evercore ISI lifted their price objective on Williams-Sonoma from $140.00 to $180.00 and gave the stock an "in-line" rating in a report on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $172.34.

Read Our Latest Analysis on Williams-Sonoma

Insider Buying and Selling

In other news, CFO Jeffrey Howie sold 3,160 shares of Williams-Sonoma stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $177.39, for a total value of $560,552.40. Following the completion of the transaction, the chief financial officer now owns 46,388 shares of the company's stock, valued at $8,228,767.32. The trade was a 6.38 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Laura Alber sold 45,000 shares of the stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $207.76, for a total transaction of $9,349,200.00. Following the sale, the chief executive officer now directly owns 944,666 shares in the company, valued at $196,263,808.16. This trade represents a 4.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 88,160 shares of company stock valued at $15,129,352 over the last quarter. Corporate insiders own 1.50% of the company's stock.

Williams-Sonoma Trading Down 3.2 %

Williams-Sonoma stock traded down $6.76 during trading hours on Monday, hitting $204.61. 1,054,500 shares of the stock traded hands, compared to its average volume of 1,340,273. Williams-Sonoma, Inc. has a one year low of $97.57 and a one year high of $219.98. The firm's 50-day moving average price is $192.91 and its two-hundred day moving average price is $159.99. The company has a market cap of $25.19 billion, a PE ratio of 24.24, a PEG ratio of 2.98 and a beta of 1.79.

Williams-Sonoma Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, January 17th will be given a dividend of $0.57 per share. The ex-dividend date is Friday, January 17th. This represents a $2.28 dividend on an annualized basis and a yield of 1.11%. Williams-Sonoma's dividend payout ratio (DPR) is currently 26.97%.

Williams-Sonoma Company Profile

(Free Report)

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.

Further Reading

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

Should You Invest $1,000 in Williams-Sonoma Right Now?

Before you consider Williams-Sonoma, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Williams-Sonoma wasn't on the list.

While Williams-Sonoma currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Super Bowl Betting Boom: What It Means for Casino Stock Investors
AMD Stock’s Big Drop: Buy the Dip or More Pain Ahead?
Index Investing for Beginners

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines