Williams-Sonoma (NYSE:WSM) EVP Sells $254,080.88 in Stock

Williams-Sonoma, Inc. (NYSE:WSM) EVP Karalyn Yearout sold 1,112 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $228.49, for a total value of $254,080.88. Following the completion of the transaction, the executive vice president directly owned 21,717 shares of the company’s stock, valued at $4,962,117.33. This represents a 4.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Karalyn Yearout also recently made the following trade(s):

• On Monday, June 8th, Karalyn Yearout sold 522 shares of Williams-Sonoma stock. The stock was sold at an average price of $203.07, for a total transaction of $106,002.54.
• On Wednesday, April 8th, Karalyn Yearout sold 2,267 shares of Williams-Sonoma stock. The stock was sold at an average price of $192.49, for a total transaction of $436,374.83.

Williams-Sonoma Price Performance

WSM opened at $227.33 on Friday. Williams-Sonoma, Inc. has a fifty-two week low of $154.11 and a fifty-two week high of $234.41. The firm has a market capitalization of $26.77 billion, a price-to-earnings ratio of 25.46, a PEG ratio of 2.40 and a beta of 1.51. The company’s 50 day moving average price is $195.32 and its two-hundred day moving average price is $195.09.

Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings results on Thursday, May 21st. The specialty retailer reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.13. The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.80 billion. Williams-Sonoma had a net margin of 13.81% and a return on equity of 53.29%. Williams-Sonoma’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.85 earnings per share. As a group, equities research analysts predict that Williams-Sonoma, Inc. will post 9.49 EPS for the current year.

Williams-Sonoma Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, July 17th will be given a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, July 17th. Williams-Sonoma’s payout ratio is 29.56%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on WSM. UBS Group raised their price objective on Williams-Sonoma from $175.00 to $185.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 11th. Royal Bank Of Canada set a $192.00 target price on Williams-Sonoma and gave the company an “outperform” rating in a report on Friday, May 22nd. TD Cowen decreased their target price on shares of Williams-Sonoma from $250.00 to $225.00 and set a “buy” rating for the company in a research report on Thursday, March 19th. Weiss Ratings lowered shares of Williams-Sonoma from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 2nd. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $225.00 price target (up from $220.00) on shares of Williams-Sonoma in a research report on Friday, May 22nd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, Williams-Sonoma currently has an average rating of “Moderate Buy” and a consensus price target of $211.47.

Institutional Investors Weigh In On Williams-Sonoma

Several large investors have recently added to or reduced their stakes in the business. Western Wealth Management LLC acquired a new position in Williams-Sonoma in the first quarter valued at approximately $1,029,000. Pacer Advisors Inc. boosted its holdings in shares of Williams-Sonoma by 2.0% during the 1st quarter. Pacer Advisors Inc. now owns 369,808 shares of the specialty retailer’s stock worth $67,427,000 after buying an additional 7,388 shares in the last quarter. Empowered Funds LLC grew its position in shares of Williams-Sonoma by 9.9% during the 1st quarter. Empowered Funds LLC now owns 44,195 shares of the specialty retailer’s stock worth $8,058,000 after buying an additional 3,978 shares during the period. Parallel Advisors LLC grew its position in shares of Williams-Sonoma by 2.2% during the 1st quarter. Parallel Advisors LLC now owns 3,203 shares of the specialty retailer’s stock worth $584,000 after buying an additional 70 shares during the period. Finally, Keel Point LLC bought a new stake in shares of Williams-Sonoma in the 1st quarter valued at $355,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

About Williams-Sonoma

Williams‑Sonoma, Inc is a specialty retailer focused on the home and culinary markets, best known for premium cookware, kitchen tools and home furnishings. The company traces its roots to a single cookware store founded by Chuck Williams in 1956 in Sonoma, California, and has evolved into a multi‑brand home furnishings and housewares business. Its merchandise mix spans cookware and kitchen electrics, tabletop and food prep items, furniture, bedding, lighting and decorative accessories designed for both everyday use and higher‑end interiors.

The company operates a portfolio of consumer brands that target distinct segments of the home market.