Williams-Sonoma (NYSE:WSM) Price Target Lowered to $170.00 at Wedbush

Williams-Sonoma (NYSE:WSM - Free Report) had its price objective reduced by Wedbush from $190.00 to $170.00 in a report issued on Thursday, Marketbeat.com reports. They currently have a neutral rating on the specialty retailer's stock. Wedbush also issued estimates for Williams-Sonoma's Q3 2026 earnings at $1.90 EPS, Q4 2026 earnings at $3.13 EPS, Q1 2027 earnings at $1.81 EPS, Q2 2027 earnings at $1.84 EPS, Q4 2027 earnings at $3.33 EPS and FY2028 earnings at $9.51 EPS.

Several other research firms also recently weighed in on WSM. Wells Fargo & Company lifted their price target on shares of Williams-Sonoma from $165.00 to $185.00 and gave the company an "equal weight" rating in a research note on Monday, January 6th. Royal Bank of Canada boosted their price target on Williams-Sonoma from $162.00 to $189.00 and gave the company an "outperform" rating in a report on Thursday, November 21st. Barclays increased their price target on Williams-Sonoma from $123.00 to $131.00 and gave the stock an "underweight" rating in a research report on Thursday, March 13th. Telsey Advisory Group restated an "outperform" rating and issued a $230.00 target price on shares of Williams-Sonoma in a research report on Monday, March 17th. Finally, Gordon Haskett upgraded Williams-Sonoma to a "hold" rating in a report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $177.93.

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Williams-Sonoma Stock Performance

Shares of WSM traded up $6.67 during trading hours on Thursday, hitting $170.32. The company had a trading volume of 2,403,059 shares, compared to its average volume of 1,917,784. The stock has a market capitalization of $20.97 billion, a price-to-earnings ratio of 20.14, a P/E/G ratio of 2.89 and a beta of 1.82. The firm has a fifty day moving average price of $196.63 and a 200-day moving average price of $172.90. Williams-Sonoma has a 52-week low of $125.33 and a 52-week high of $219.98.

Williams-Sonoma (NYSE:WSM - Get Free Report) last posted its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.28 earnings per share for the quarter, topping analysts' consensus estimates of $2.88 by $0.40. Williams-Sonoma had a net margin of 14.54% and a return on equity of 51.56%. The business had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.34 billion. During the same period in the prior year, the business posted $5.44 earnings per share. The company's revenue was up 8.0% on a year-over-year basis. Research analysts anticipate that Williams-Sonoma will post 8.36 earnings per share for the current fiscal year.

Williams-Sonoma Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Saturday, May 24th. Stockholders of record on Thursday, April 17th will be paid a $0.66 dividend. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.55%. This is a boost from Williams-Sonoma's previous quarterly dividend of $0.57. Williams-Sonoma's payout ratio is 29.30%.

Insider Transactions at Williams-Sonoma

In related news, CEO Laura Alber sold 45,000 shares of the firm's stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $207.76, for a total value of $9,349,200.00. Following the transaction, the chief executive officer now owns 944,666 shares in the company, valued at approximately $196,263,808.16. This trade represents a 4.55 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Jeffrey Howie sold 1,408 shares of Williams-Sonoma stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $194.32, for a total transaction of $273,602.56. Following the sale, the chief financial officer now directly owns 46,388 shares in the company, valued at $9,014,116.16. This trade represents a 2.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Williams-Sonoma

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. 111 Capital purchased a new stake in Williams-Sonoma during the fourth quarter worth about $557,000. Wealth Enhancement Advisory Services LLC boosted its position in Williams-Sonoma by 111.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 54,745 shares of the specialty retailer's stock valued at $10,138,000 after buying an additional 28,880 shares during the period. PKO Investment Management Joint Stock Co bought a new position in Williams-Sonoma in the 4th quarter worth $1,111,000. Siemens Fonds Invest GmbH boosted its position in shares of Williams-Sonoma by 6.4% during the fourth quarter. Siemens Fonds Invest GmbH now owns 1,396 shares of the specialty retailer's stock valued at $260,000 after purchasing an additional 84 shares in the last quarter. Finally, Park Square Financial Group LLC bought a new stake in shares of Williams-Sonoma in the 4th quarter worth approximately $86,000. Institutional investors own 99.29% of the company's stock.

Williams-Sonoma Company Profile

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.