FMR LLC & Abigail Johnson Maintain 10.718% Stake in Williams-Sonoma
Ticker: WSM · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 719955
| Field | Detail |
|---|---|
| Company | Williams Sonoma Inc (WSM) |
| Form Type | SC 13G/A |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, stake-holding
TL;DR
**FMR LLC and Abigail Johnson still own over 10% of Williams-Sonoma, showing strong conviction.**
AI Summary
FMR LLC, a major investment firm, and Abigail P. Johnson, a key figure at FMR, have updated their ownership stake in Williams-Sonoma Inc. As of February 9, 2024, they collectively beneficially own 6,875,589 shares, representing 10.718% of the company's common stock. This filing, an amendment to a previous one, indicates a significant, stable institutional interest in Williams-Sonoma, which could be seen as a vote of confidence for current shareholders or those considering buying the stock.
Why It Matters
This filing shows that a major institutional investor and its principal continue to hold a substantial portion of Williams-Sonoma, signaling their ongoing belief in the company's value.
Risk Assessment
Risk Level: low — This filing is an amendment showing a stable, significant institutional ownership, which generally reduces perceived risk for investors.
Analyst Insight
This filing indicates a stable, significant institutional holding. Smart investors might view this as a positive sign of long-term confidence from a major player, but it doesn't suggest any immediate catalysts for price movement. It's a data point for fundamental analysis, confirming institutional interest.
Key Numbers
- 6,875,589 — Shares Beneficially Owned (Represents the total common stock FMR LLC and Abigail P. Johnson own in Williams-Sonoma Inc.)
- 10.718% — Percent of Class (Indicates the significant portion of Williams-Sonoma Inc. common stock held by these reporting persons.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person, associated with FMR LLC
- WILLIAMS-SONOMA INC (company) — the issuer of the common stock
- 6,875,589 (dollar_amount) — total shares beneficially owned by FMR LLC and Abigail P. Johnson
- 10.718% (dollar_amount) — percentage of class beneficially owned by FMR LLC and Abigail P. Johnson
Forward-Looking Statements
- FMR LLC will maintain a significant stake in Williams-Sonoma Inc. for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09
FAQ
Who are the primary reporting persons in this SC 13G/A filing?
The primary reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of their respective sections on the cover page.
What is the total number of shares of Williams-Sonoma Inc. common stock beneficially owned by FMR LLC and Abigail P. Johnson?
Both FMR LLC and Abigail P. Johnson beneficially own 6,875,589 shares of Williams-Sonoma Inc. common stock, as indicated in Item 7 of their respective cover pages and Item 4(a) for FMR LLC.
What percentage of Williams-Sonoma Inc.'s common stock do the reporting persons collectively own?
The reporting persons, FMR LLC and Abigail P. Johnson, collectively own 10.718% of Williams-Sonoma Inc.'s common stock, as shown in Item 11 of their respective cover pages and Item 4(b) for FMR LLC.
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the checked box on the first page of the filing.
What is the CUSIP number for Williams-Sonoma Inc. common stock?
The CUSIP number for Williams-Sonoma Inc. common stock is 969904101, as stated in the filing under 'Cusip #969904101' and Item 2(e).
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding WILLIAMS SONOMA INC (WSM).