Analysts Set Williams-Sonoma, Inc. (NYSE:WSM) Price Target at $209.06

Shares of Williams-Sonoma, Inc. (NYSE:WSM) have earned a consensus rating of “Moderate Buy” from the seventeen research firms that are covering the stock, Marketbeat reports. Nine analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $209.0625.

A number of equities analysts recently issued reports on WSM shares. TD Cowen cut their target price on Williams-Sonoma from $250.00 to $225.00 and set a “buy” rating on the stock in a report on Thursday, March 19th. Royal Bank Of Canada set a $192.00 price target on shares of Williams-Sonoma and gave the company an “outperform” rating in a research report on Friday, May 22nd. UBS Group lifted their price target on shares of Williams-Sonoma from $175.00 to $185.00 and gave the company a “neutral” rating in a research report on Wednesday, March 11th. Argus set a $230.00 price target on shares of Williams-Sonoma in a research report on Friday, May 29th. Finally, Morgan Stanley set a $210.00 price target on shares of Williams-Sonoma and gave the company an “equal weight” rating in a research report on Friday, May 22nd.

Insider Activity at Williams-Sonoma

In related news, CFO Jeffrey Howie sold 1,419 shares of Williams-Sonoma stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $188.45, for a total value of $267,410.55. Following the completion of the sale, the chief financial officer owned 34,138 shares of the company’s stock, valued at approximately $6,433,306.10. This trade represents a 3.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Karalyn Yearout sold 522 shares of Williams-Sonoma stock in a transaction on Monday, June 8th. The shares were sold at an average price of $203.07, for a total transaction of $106,002.54. Following the completion of the sale, the executive vice president directly owned 22,829 shares of the company’s stock, valued at approximately $4,635,885.03. The trade was a 2.24% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 106,892 shares of company stock valued at $19,826,826. 1.10% of the stock is owned by company insiders.

Institutional Trading of Williams-Sonoma

Hedge funds have recently bought and sold shares of the business. Aristotle Capital Management LLC lifted its stake in Williams-Sonoma by 22.0% during the 1st quarter. Aristotle Capital Management LLC now owns 11,140,471 shares of the specialty retailer’s stock valued at $2,031,242,000 after acquiring an additional 2,009,032 shares in the last quarter. State Street Corp lifted its stake in Williams-Sonoma by 2.5% during the 3rd quarter. State Street Corp now owns 6,139,477 shares of the specialty retailer’s stock valued at $1,199,961,000 after acquiring an additional 147,780 shares in the last quarter. First Trust Advisors LP lifted its stake in Williams-Sonoma by 9.2% during the 1st quarter. First Trust Advisors LP now owns 2,664,580 shares of the specialty retailer’s stock valued at $485,833,000 after acquiring an additional 224,128 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Williams-Sonoma by 7.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,919,466 shares of the specialty retailer’s stock valued at $342,797,000 after acquiring an additional 130,940 shares in the last quarter. Finally, Norges Bank bought a new position in Williams-Sonoma during the 4th quarter valued at $316,920,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

Williams-Sonoma Stock Performance

Williams-Sonoma stock opened at $218.62 on Friday. The stock has a market capitalization of $25.74 billion, a price-to-earnings ratio of 24.48, a PEG ratio of 2.44 and a beta of 1.51. Williams-Sonoma has a 52-week low of $152.20 and a 52-week high of $222.00. The stock’s 50 day moving average price is $190.93 and its two-hundred day moving average price is $193.50.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings results on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.13. The firm had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.80 billion. Williams-Sonoma had a return on equity of 53.29% and a net margin of 13.81%.The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.85 EPS. On average, equities research analysts forecast that Williams-Sonoma will post 9.34 EPS for the current year.

Williams-Sonoma Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Friday, July 17th will be given a $0.76 dividend. The ex-dividend date of this dividend is Friday, July 17th. This represents a $3.04 annualized dividend and a yield of 1.4%. Williams-Sonoma’s dividend payout ratio (DPR) is presently 29.56%.

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.