FMR LLC & Abigail Johnson Maintain 10.718% Stake in Williams-Sonoma

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

From the Filing

0000315066-24-001561.txt : 20240209 0000315066-24-001561.hdr.sgml : 20240209 20240209100521 ACCESSION NUMBER: 0000315066-24-001561 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WILLIAMS SONOMA INC CENTRAL INDEX KEY: 0000719955 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-HOME FURNITURE, FURNISHINGS & EQUIPMENT STORES [5700] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 942203880 STATE OF INCORPORATION: CA FISCAL YEAR END: 0128 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-34724 FILM NUMBER: 24612665 BUSINESS ADDRESS: STREET 1: 3250 VAN NESS AVENUE CITY: SAN FRANCISCO STATE: CA ZIP: 94109 BUSINESS PHONE: 415-421-7900 MAIL ADDRESS: STREET 1: 3250 VAN NESS AVENUE CITY: SAN FRANCISCO STATE: CA ZIP: 94109 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FMR LLC CENTRAL INDEX KEY: 0000315066 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 043532603 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 6175706339 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FMR CORP DATE OF NAME CHANGE: 19920717 SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.7 WILLIAMS-SONOMA INC COMMON STOCK Cusip #969904101 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #969904101 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 6,843,817 Item 6: 0 Item 7: 6,875,589 Item 8: 0 Item 9: 6,875,589 Item 11: 10.718% Item 12: HC Cusip #969904101 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 6,875,589 Item 8: 0 Item 9: 6,875,589 Item 11: 10.718% Item 12: IN Item 1(a). Name of Issuer: WILLIAMS-SONOMA INC Item 1(b). Address of Issuer's Principal Executive Offices: 3250 Van Ness Avenue San Francisco, CA 94109 Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 969904101 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 6,875,589 (b) Percent of Class: 10.718% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 6,875,589 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of WILLIAMS-SONOMA INC. No one other person's interest in the COMMON STOCK of WILLIAMS-SONOMA INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge