Wedbush Cuts Williams-Sonoma (NYSE:WSM) Price Target to $170.00

Williams-Sonoma (NYSE:WSM) had its target price lowered by Wedbush from $190.00 to $170.00 in a research report report published on Thursday, Marketbeat reports. The firm currently has a neutral rating on the specialty retailer’s stock. Wedbush also issued estimates for Williams-Sonoma’s Q3 2026 earnings at $1.90 EPS, Q4 2026 earnings at $3.13 EPS, Q1 2027 earnings at $1.81 EPS, Q2 2027 earnings at $1.84 EPS, Q4 2027 earnings at $3.33 EPS and FY2028 earnings at $9.51 EPS.

WSM has been the subject of several other research reports. TD Cowen increased their target price on Williams-Sonoma from $165.00 to $195.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. Royal Bank of Canada raised their price objective on Williams-Sonoma from $162.00 to $189.00 and gave the stock an “outperform” rating in a research report on Thursday, November 21st. Barclays raised their price objective on Williams-Sonoma from $123.00 to $131.00 and gave the stock an “underweight” rating in a research report on Thursday, March 13th. Gordon Haskett upgraded Williams-Sonoma to a “hold” rating in a research report on Thursday, February 13th. Finally, UBS Group upgraded Williams-Sonoma from a “sell” rating to a “neutral” rating and raised their price objective for the stock from $140.00 to $165.00 in a research report on Thursday. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $177.93.

Williams-Sonoma Stock Down 1.0 %

Shares of NYSE:WSM opened at $163.27 on Thursday. The business has a 50 day moving average price of $197.13 and a 200 day moving average price of $172.32. Williams-Sonoma has a twelve month low of $125.33 and a twelve month high of $219.98. The company has a market cap of $20.10 billion, a price-to-earnings ratio of 19.31, a PEG ratio of 2.89 and a beta of 1.82.

Williams-Sonoma (NYSE:WSM) last announced its earnings results on Wednesday, March 19th. The specialty retailer reported $3.28 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.40. Williams-Sonoma had a return on equity of 51.56% and a net margin of 14.54%. The firm had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $2.34 billion. During the same quarter in the prior year, the company earned $5.44 EPS. The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. Analysts anticipate that Williams-Sonoma will post 8.36 EPS for the current year.

Williams-Sonoma Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Saturday, May 24th. Investors of record on Thursday, April 17th will be given a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 1.62%. The ex-dividend date of this dividend is Thursday, April 17th. This is an increase from Williams-Sonoma’s previous quarterly dividend of $0.57. Williams-Sonoma’s dividend payout ratio (DPR) is 29.30%.

Insider Activity at Williams-Sonoma

In related news, CFO Jeffrey Howie sold 1,408 shares of the firm’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $194.32, for a total transaction of $273,602.56. Following the completion of the sale, the chief financial officer now directly owns 46,388 shares of the company’s stock, valued at $9,014,116.16. This trade represents a 2.95 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Laura Alber sold 45,000 shares of the firm’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $207.76, for a total value of $9,349,200.00. Following the sale, the chief executive officer now directly owns 944,666 shares of the company’s stock, valued at $196,263,808.16. This represents a 4.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Williams-Sonoma

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Smithfield Trust Co increased its stake in shares of Williams-Sonoma by 100.0% in the 3rd quarter. Smithfield Trust Co now owns 160 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 80 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Williams-Sonoma in the 3rd quarter valued at $28,000. Hobbs Group Advisors LLC increased its stake in shares of Williams-Sonoma by 100.0% in the 3rd quarter. Hobbs Group Advisors LLC now owns 236 shares of the specialty retailer’s stock valued at $37,000 after buying an additional 118 shares during the period. Heck Capital Advisors LLC acquired a new stake in shares of Williams-Sonoma in the 4th quarter valued at $37,000. Finally, Newbridge Financial Services Group Inc. acquired a new stake in shares of Williams-Sonoma in the 4th quarter valued at $38,000. 99.29% of the stock is owned by institutional investors and hedge funds.

Williams-Sonoma Company Profile

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.