SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 4.7% Passive Stake in Williams-Sonoma Inc.
Beneficial Ownership Disclosure
FMR LLC and its Chairman and CEO, Abigail P. Johnson, have filed an amended Schedule 13G, reporting a passive beneficial ownership of 4.7% of Williams-Sonoma Inc.'s common stock as of December 31, 2024.
Summary
- FMR LLC and Abigail P. Johnson, as reporting persons, jointly filed an Amendment No. 9 to Schedule 13G regarding their beneficial ownership in Williams-Sonoma Inc.
- As of December 31, 2024, FMR LLC and Abigail P. Johnson beneficially owned an aggregate of 5,774,588.42 shares of Williams-Sonoma Inc. common stock.
- This aggregate amount represents 4.7% of the total outstanding common stock of Williams-Sonoma Inc.
- FMR LLC holds sole voting power over 5,701,504.31 shares and sole dispositive power over 5,774,588.42 shares.
- Abigail P. Johnson holds sole dispositive power over 5,774,588.42 shares, with no sole or shared voting power directly attributed to her in this filing.
- The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Williams-Sonoma Inc.
- FMR LLC is classified as a Parent Holding Company (HC), and Abigail P. Johnson is classified as an Individual (IN).
- The filing includes a Rule 13d-1(k)(1) agreement for joint filing by FMR LLC and Abigail P. Johnson.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It does not contain positive or negative operational or financial news about the issuer.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of passive beneficial ownership by a large institutional investor, FMR LLC, and its principal, Abigail P. Johnson, in Williams-Sonoma Inc. It reflects a standard investment position rather than a strategic move or a change in the company's operational landscape. Such filings are common for asset managers holding stakes below the 5% threshold that would trigger a more detailed Schedule 13D filing, indicating a passive investment intent.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's passive stake, confirming no intent to influence control.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of Schedule 13G filing by FMR LLC where Abigail P. Johnson's power of attorney was incorporated by reference. |
| 2024-12-31 | Date of event which requires filing of this statement (reporting period end date). |
| 2025-02-11 | Date of signing and filing of this Schedule 13G Amendment No. 9. |
Keywords
Williams-Sonoma Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Passive Investment, SEC Filing, Institutional Investor
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