Williams-Sonoma (NYSE:WSM) Announces Quarterly Earnings Results

Williams-Sonoma (NYSE:WSM - Get Free Report) released its quarterly earnings data on Wednesday. The specialty retailer reported $3.28 EPS for the quarter, beating analysts' consensus estimates of $2.88 by $0.40, Briefing.com reports. 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 analysts' expectations of $2.34 billion. During the same quarter in the prior year, the company earned $5.44 EPS. The firm's quarterly revenue was up 8.0% on a year-over-year basis. Williams-Sonoma updated its FY 2025 guidance to EPS.

Williams-Sonoma Trading Down 1.0 %

Shares of Williams-Sonoma stock traded down $1.72 during trading hours on Friday, reaching $163.27. 31,888,938 shares of the company's stock were exchanged, compared to its average volume of 1,915,851. The company has a 50 day moving average of $197.13 and a two-hundred day moving average of $172.60. Williams-Sonoma has a fifty-two week low of $125.33 and a fifty-two week high of $219.98. The stock has a market cap of $20.10 billion, a P/E ratio of 19.31, a P/E/G ratio of 2.89 and a beta of 1.82.

Williams-Sonoma Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, May 24th. Stockholders of record on Thursday, April 17th will be paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.62%. This is an increase from Williams-Sonoma's previous quarterly dividend of $0.57. The ex-dividend date of this dividend is Thursday, April 17th. Williams-Sonoma's dividend payout ratio is currently 29.30%.

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Insider Transactions at Williams-Sonoma

In other news, CFO Jeffrey Howie sold 1,408 shares of the company's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $194.32, for a total value of $273,602.56. Following the sale, the chief financial officer now directly owns 46,388 shares of the company's stock, valued at approximately $9,014,116.16. This represents a 2.95 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Laura Alber sold 45,000 shares of the company's 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 completion of the sale, the chief executive officer now directly owns 944,666 shares in the company, valued at approximately $196,263,808.16. The trade was a 4.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.50% of the company's stock.

Institutional Investors Weigh In On Williams-Sonoma

A hedge fund recently raised its stake in Williams-Sonoma stock. Brighton Jones LLC increased its position in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 22.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,742 shares of the specialty retailer's stock after purchasing an additional 1,236 shares during the quarter. Brighton Jones LLC's holdings in Williams-Sonoma were worth $1,248,000 as of its most recent SEC filing. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Wedbush lowered their price objective on shares of Williams-Sonoma from $190.00 to $170.00 and set a "neutral" rating for the company in a research report on Thursday. JPMorgan Chase & Co. upped their price objective on shares of Williams-Sonoma from $153.00 to $168.00 and gave the company a "neutral" rating in a research report on Thursday. Wells Fargo & Company lowered their price objective on shares of Williams-Sonoma from $195.00 to $170.00 and set an "equal weight" rating for the company in a research report on Thursday. Gordon Haskett raised shares of Williams-Sonoma to a "hold" rating in a research note on Thursday, February 13th. Finally, UBS Group raised shares of Williams-Sonoma from a "sell" rating to a "neutral" rating and upped their target price for the stock from $140.00 to $165.00 in a research note on Thursday. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Williams-Sonoma has an average rating of "Hold" and a consensus price target of $177.93.

About Williams-Sonoma

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.