Key Points
- Williams-Sonoma EVP Karalyn Yearout sold 1,112 shares on June 15 at an average price of $228.49, totaling about $254,081. The sale was made under a pre-arranged Rule 10b5-1 plan, and she still holds 21,717 shares.
- The company’s recent results topped expectations, with quarterly EPS of $1.93 versus $1.80 expected and revenue of $1.81 billion, up 4.4% year over year. Management also reported strong profitability, including a 53.29% return on equity.
- Williams-Sonoma also announced a quarterly dividend of $0.76 per share, payable August 21, for an annualized dividend of $3.04 and a yield of about 1.3%. Analysts currently rate the stock a Moderate Buy with an average price target of $211.47.
Williams-Sonoma, Inc. (NYSE:WSM - Get Free Report) EVP Karalyn Yearout sold 1,112 shares of the firm's stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $228.49, for a total transaction of $254,080.88. Following the sale, the executive vice president directly owned 21,717 shares of the company's stock, valued at approximately $4,962,117.33. This trade represents a 4.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 Stock Up 1.9%
Shares of WSM opened at $227.61 on Wednesday. Williams-Sonoma, Inc. has a 12-month low of $154.11 and a 12-month high of $230.95. The business's fifty day moving average is $193.58 and its 200 day moving average is $194.48. The stock has a market cap of $26.80 billion, a P/E ratio of 25.49, a P/E/G ratio of 2.42 and a beta of 1.51.
Williams-Sonoma (NYSE:WSM - Get Free Report) last issued its 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. Williams-Sonoma had a return on equity of 53.29% and a net margin of 13.81%.The company had revenue of $1.81 billion for the quarter, compared to analysts' expectations of $1.80 billion. During the same period last year, the business earned $1.85 EPS. Williams-Sonoma's quarterly revenue was up 4.4% compared to the same quarter last year. On average, analysts expect that Williams-Sonoma, Inc. will post 9.49 EPS for the current year.
Williams-Sonoma Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Friday, July 17th will be issued 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 dividend payout ratio (DPR) is currently 29.56%.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on the company. Weiss Ratings cut Williams-Sonoma from a "buy (b-)" rating to a "hold (c+)" rating in a report on Tuesday, June 2nd. Royal Bank Of Canada set a $192.00 target price on Williams-Sonoma and gave the stock an "outperform" rating in a report on Friday, May 22nd. Morgan Stanley set a $210.00 target price on Williams-Sonoma and gave the stock an "equal weight" rating in a report on Friday, May 22nd. Barclays set a $190.00 target price on Williams-Sonoma and gave the stock an "equal weight" rating in a report on Friday, May 22nd. Finally, 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. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $211.47.
View Our Latest Stock Analysis on WSM
Institutional Investors Weigh In On Williams-Sonoma
A number of hedge funds have recently made changes to their positions in WSM. Caitong International Asset Management Co. Ltd bought a new stake in shares of Williams-Sonoma during the 4th quarter worth $25,000. Atlantic Union Bankshares Corp raised its stake in shares of Williams-Sonoma by 51.5% during the 4th quarter. Atlantic Union Bankshares Corp now owns 147 shares of the specialty retailer's stock worth $26,000 after purchasing an additional 50 shares during the period. MidFirst Bank bought a new stake in shares of Williams-Sonoma during the 4th quarter worth $30,000. Millstone Evans Group LLC raised its stake in shares of Williams-Sonoma by 229.4% during the 1st quarter. Millstone Evans Group LLC now owns 168 shares of the specialty retailer's stock worth $31,000 after purchasing an additional 117 shares during the period. Finally, DV Equities LLC bought a new stake in shares of Williams-Sonoma during the 4th quarter worth $31,000. 99.29% of the stock is currently owned by institutional investors.
About Williams-Sonoma
(
Get Free Report)
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.
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