Wedbush Has Negative Outlook for Williams-Sonoma Q3 Earnings

Williams-Sonoma, Inc. (NYSE:WSM) – Investment analysts at Wedbush dropped their Q3 2026 earnings per share (EPS) estimates for shares of Williams-Sonoma in a research report issued to clients and investors on Thursday, March 20th. Wedbush analyst S. Basham now expects that the specialty retailer will earn $1.90 per share for the quarter, down from their prior estimate of $2.02. Wedbush currently has a “Neutral” rating and a $170.00 price objective on the stock. The consensus estimate for Williams-Sonoma’s current full-year earnings is $8.36 per share. Wedbush also issued estimates for Williams-Sonoma’s 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.

Several other equities analysts have also issued reports on WSM. Wells Fargo & Company lowered their target price on shares of Williams-Sonoma from $195.00 to $170.00 and set an “equal weight” rating for the company in a report on Thursday. Jefferies Financial Group lowered their price objective on Williams-Sonoma from $226.00 to $208.00 and set a “buy” rating for the company in a research note on Thursday. Telsey Advisory Group reissued an “outperform” rating and issued a $230.00 target price on shares of Williams-Sonoma in a research note on Monday, March 17th. Morgan Stanley lowered their price target on Williams-Sonoma from $195.00 to $185.00 and set an “equal weight” rating for the company in a research report on Thursday. Finally, UBS Group raised shares of Williams-Sonoma from a “sell” rating to a “neutral” rating and increased their price objective for the company from $140.00 to $165.00 in a research report on Thursday. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $177.93.

Williams-Sonoma Price Performance

Shares of Williams-Sonoma stock opened at $163.27 on Friday. Williams-Sonoma has a 1 year low of $125.33 and a 1 year high of $219.98. The company has a 50-day moving average of $197.13 and a 200 day moving average of $172.32. The firm 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 posted its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.88 by $0.40. Williams-Sonoma had a return on equity of 51.56% and a net margin of 14.54%. The business 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 earnings per share. The firm’s quarterly revenue was up 8.0% compared to the same quarter last year.

Williams-Sonoma Increases Dividend

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

Insider Buying and Selling at Williams-Sonoma

In other Williams-Sonoma news, CEO Laura Alber sold 45,000 shares of the business’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $207.76, for a total transaction of $9,349,200.00. Following the completion of the sale, the chief executive officer now directly owns 944,666 shares in the company, valued at $196,263,808.16. The trade was a 4.55 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Jeffrey Howie sold 1,408 shares of the stock in a transaction that occurred 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 transaction, the chief financial officer now owns 46,388 shares in the company, valued at $9,014,116.16. This trade represents a 2.95 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Williams-Sonoma

Hedge funds have recently modified their holdings of the business. Atria Investments Inc lifted its position in Williams-Sonoma by 239.1% during the third quarter. Atria Investments Inc now owns 2,560 shares of the specialty retailer’s stock valued at $397,000 after purchasing an additional 1,805 shares in the last quarter. CIBC Asset Management Inc raised its stake in shares of Williams-Sonoma by 106.7% in the third quarter. CIBC Asset Management Inc now owns 3,694 shares of the specialty retailer’s stock worth $572,000 after buying an additional 1,907 shares during the period. Natixis Advisors LLC purchased a new position in shares of Williams-Sonoma during the 3rd quarter valued at about $3,142,000. Thrivent Financial for Lutherans lifted its position in shares of Williams-Sonoma by 94.7% during the 3rd quarter. Thrivent Financial for Lutherans now owns 30,454 shares of the specialty retailer’s stock valued at $4,718,000 after buying an additional 14,816 shares in the last quarter. Finally, Pathstone Holdings LLC grew its stake in shares of Williams-Sonoma by 92.5% during the 3rd quarter. Pathstone Holdings LLC now owns 44,130 shares of the specialty retailer’s stock valued at $6,837,000 after acquiring an additional 21,200 shares during the period. Institutional investors own 99.29% of the company’s stock.

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.