Key Points
- Laura Alber, Williams‑Sonoma's CEO, sold 12,161 shares on Nov. 26 at an average of $181.07 for $2,201,992.27, leaving her with 846,927 shares (a 1.42% ownership reduction); she also sold 17,839 shares on Nov. 25 and 90,000 shares on Sept. 15, bringing total insider proceeds this year to about $23.4M.
- Williams‑Sonoma recently beat quarterly EPS estimates ($1.96 vs. $1.87) with revenue of $1.88B (up 4.6% year‑over‑year); the stock trades near $181, has a market cap of $22.07B, a P/E of ~19.9, and pays a $0.66 quarterly dividend (≈1.5% yield).
Williams-Sonoma, Inc. (NYSE:WSM - Get Free Report) CEO Laura Alber sold 12,161 shares of the firm's stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $181.07, for a total value of $2,201,992.27. Following the completion of the transaction, the chief executive officer owned 846,927 shares in the company, valued at approximately $153,353,071.89. This trade represents a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Laura Alber also recently made the following trade(s):
- On Tuesday, November 25th, Laura Alber sold 17,839 shares of Williams-Sonoma stock. The shares were sold at an average price of $178.51, for a total transaction of $3,184,439.89.
- On Monday, September 15th, Laura Alber sold 90,000 shares of Williams-Sonoma stock. The stock was sold at an average price of $200.17, for a total transaction of $18,015,300.00.
Williams-Sonoma Trading Up 0.9%
Shares of NYSE WSM opened at $181.24 on Thursday. Williams-Sonoma, Inc. has a 12-month low of $130.07 and a 12-month high of $219.98. The firm has a market capitalization of $22.07 billion, a price-to-earnings ratio of 19.94, a price-to-earnings-growth ratio of 3.16 and a beta of 1.56. The firm has a 50 day moving average of $190.73 and a 200 day moving average of $183.17.
Williams-Sonoma (NYSE:WSM - Get Free Report) last issued its quarterly earnings results on Wednesday, November 19th. The specialty retailer reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.09. The business had revenue of $1.88 billion for the quarter, compared to analysts' expectations of $1.86 billion. Williams-Sonoma had a net margin of 14.54% and a return on equity of 54.47%. The company's revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.96 EPS. Williams-Sonoma has set its FY 2025 guidance at EPS. Sell-side analysts predict that Williams-Sonoma, Inc. will post 8.36 EPS for the current year.
Williams-Sonoma Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, November 21st. Shareholders of record on Friday, October 17th were given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Friday, October 17th. Williams-Sonoma's dividend payout ratio is presently 29.04%.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. CIBC Private Wealth Group LLC increased its stake in Williams-Sonoma by 20.7% in the third quarter. CIBC Private Wealth Group LLC now owns 9,666 shares of the specialty retailer's stock worth $1,889,000 after purchasing an additional 1,657 shares during the period. CIBC Bancorp USA Inc. bought a new stake in Williams-Sonoma during the 3rd quarter valued at about $3,317,000. Captrust Financial Advisors boosted its position in Williams-Sonoma by 3.5% in the 3rd quarter. Captrust Financial Advisors now owns 847,122 shares of the specialty retailer's stock valued at $165,570,000 after buying an additional 28,346 shares during the period. Coldstream Capital Management Inc. grew its stake in Williams-Sonoma by 0.9% in the 3rd quarter. Coldstream Capital Management Inc. now owns 23,225 shares of the specialty retailer's stock worth $4,539,000 after acquiring an additional 200 shares in the last quarter. Finally, Danske Bank A S purchased a new position in shares of Williams-Sonoma during the third quarter worth approximately $8,854,000. Institutional investors own 99.29% of the company's stock.
Analyst Ratings Changes
A number of analysts have recently issued reports on WSM shares. UBS Group set a $175.00 price objective on shares of Williams-Sonoma and gave the stock a "neutral" rating in a research note on Thursday, November 20th. Argus set a $212.00 target price on shares of Williams-Sonoma in a research note on Tuesday, September 2nd. The Goldman Sachs Group boosted their price target on shares of Williams-Sonoma from $179.00 to $203.00 and gave the stock a "neutral" rating in a research note on Thursday, August 28th. Wells Fargo & Company lifted their target price on Williams-Sonoma from $190.00 to $205.00 and gave the stock an "equal weight" rating in a report on Tuesday, November 11th. Finally, Morgan Stanley raised their price target on Williams-Sonoma from $185.00 to $200.00 and gave the company an "equal weight" rating in a report on Thursday, August 28th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $199.00.
Read Our Latest Research Report on Williams-Sonoma
Williams-Sonoma Company Profile
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
