Williams-Sonoma (NYSE:WSM) Releases Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Williams-Sonoma (NYSE:WSM) announced its quarterly earnings data on Wednesday. The specialty retailer reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.09, RTT News reports. Williams-Sonoma had a return on equity of 54.47% and a net margin of 14.54%.The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period last year, the firm earned $1.96 EPS. Williams-Sonoma updated its FY 2025 guidance to EPS.

Williams-Sonoma Trading Down 3.2%

Shares of WSM stock traded down $5.81 on Wednesday, reaching $174.94. The company had a trading volume of 1,714,123 shares, compared to its average volume of 1,697,076. The stock has a market cap of $21.31 billion, a PE ratio of 19.13, a PEG ratio of 3.16 and a beta of 1.56. The company has a 50-day moving average of $193.46 and a 200-day moving average of $182.57. Williams-Sonoma has a 12 month low of $130.07 and a 12 month high of $219.98.

Williams-Sonoma Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 21st. Shareholders of record on Friday, October 17th will be given a $0.66 dividend. This represents a $2.64 annualized dividend and a yield of 1.5%. The ex-dividend date is Friday, October 17th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 29.04%.

Insider Buying and Selling

In related news, EVP David Randolph King sold 17,500 shares of Williams-Sonoma stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $203.60, for a total transaction of $3,563,000.00. Following the completion of the sale, the executive vice president owned 98,560 shares of the company’s stock, valued at approximately $20,066,816. The trade was a 15.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Karalyn Yearout sold 3,500 shares of the business’s stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $198.79, for a total transaction of $695,765.00. Following the completion of the transaction, the executive vice president owned 14,003 shares of the company’s stock, valued at $2,783,656.37. The trade was a 20.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 114,153 shares of company stock valued at $22,901,008 in the last ninety days. 1.10% of the stock is owned by company insiders.

Institutional Trading of Williams-Sonoma

Several institutional investors and hedge funds have recently modified their holdings of the business. Woodline Partners LP grew its stake in shares of Williams-Sonoma by 22.2% in the third quarter. Woodline Partners LP now owns 16,255 shares of the specialty retailer’s stock worth $3,177,000 after purchasing an additional 2,956 shares during the last quarter. Triumph Capital Management purchased a new position in shares of Williams-Sonoma in the 3rd quarter worth $37,000. Dark Forest Capital Management LP purchased a new stake in Williams-Sonoma during the third quarter valued at approximately $438,000. Zurich Insurance Group Ltd FI bought a new position in shares of Williams-Sonoma in the third quarter worth approximately $1,720,000. Finally, Alyeska Investment Group L.P. lifted its holdings in shares of Williams-Sonoma by 10.0% in the third quarter. Alyeska Investment Group L.P. now owns 392,187 shares of the specialty retailer’s stock worth $76,653,000 after buying an additional 35,493 shares in the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on WSM shares. The Goldman Sachs Group upped their target price on Williams-Sonoma from $179.00 to $203.00 and gave the company a “neutral” rating in a report on Thursday, August 28th. Telsey Advisory Group raised their price objective on Williams-Sonoma from $215.00 to $225.00 and gave the stock an “outperform” rating in a report on Friday, November 14th. Argus set a $212.00 price target on shares of Williams-Sonoma in a research note on Tuesday, September 2nd. Royal Bank Of Canada upped their price objective on Williams-Sonoma from $212.00 to $213.00 and gave the company an “outperform” rating in a research report on Thursday, August 28th. Finally, Weiss Ratings lowered Williams-Sonoma from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Williams-Sonoma has a consensus rating of “Hold” and a consensus target price of $199.94.

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.