Telsey Advisory Group Comments on Williams-Sonoma Q3 Earnings

Williams-Sonoma, Inc. (NYSE:WSM) – Investment analysts at Telsey Advisory Group issued their Q3 2027 earnings per share estimates for Williams-Sonoma in a report released on Thursday, March 20th. Telsey Advisory Group analyst C. Fernandez anticipates that the specialty retailer will earn $2.00 per share for the quarter. Telsey Advisory Group has a “Outperform” rating and a $230.00 price target on the stock. The consensus estimate for Williams-Sonoma’s current full-year earnings is $8.36 per share.

WSM has been the subject of a number of other reports. Jefferies Financial Group decreased their price objective on Williams-Sonoma from $226.00 to $208.00 and set a “buy” rating for the company in a report on Thursday, March 20th. UBS Group raised shares of Williams-Sonoma from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $140.00 to $165.00 in a report on Thursday, March 20th. Barclays raised their target price on shares of Williams-Sonoma from $123.00 to $131.00 and gave the company an “underweight” rating in a research note on Thursday, March 13th. JPMorgan Chase & Co. upped their price target on shares of Williams-Sonoma from $153.00 to $168.00 and gave the stock a “neutral” rating in a research note on Thursday, March 20th. Finally, Wells Fargo & Company dropped their target price on Williams-Sonoma from $195.00 to $170.00 and set an “equal weight” rating on the stock in a report on Thursday, March 20th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Williams-Sonoma currently has a consensus rating of “Hold” and an average price target of $177.93.

Williams-Sonoma Stock Performance

WSM stock opened at $170.32 on Monday. The stock’s fifty day moving average is $196.63 and its two-hundred day moving average is $172.90. The stock has a market capitalization of $20.97 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 2.89 and a beta of 1.82. Williams-Sonoma has a 1 year low of $125.33 and a 1 year high of $219.98.

Williams-Sonoma (NYSE:WSM) last released its earnings results on Wednesday, March 19th. The specialty retailer reported $3.28 EPS for the quarter, topping analysts’ consensus estimates of $2.88 by $0.40. The company had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.34 billion. Williams-Sonoma had a return on equity of 51.56% and a net margin of 14.54%. Williams-Sonoma’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the business posted $5.44 EPS.

Williams-Sonoma Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Saturday, May 24th. Stockholders of record on Thursday, April 17th will be paid a dividend of $0.66 per share. 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. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.55%. Williams-Sonoma’s dividend payout ratio (DPR) is 29.30%.

Insiders Place Their Bets

In other news, CEO Laura Alber sold 45,000 shares of the business’s stock in a transaction that occurred on 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 sale, the chief executive officer now directly owns 944,666 shares in the company, valued at approximately $196,263,808.16. The trade was a 4.55 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Jeffrey Howie sold 1,408 shares of the firm’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $194.32, for a total transaction of $273,602.56. Following the transaction, the chief financial officer now directly owns 46,388 shares of the company’s stock, valued at $9,014,116.16. The trade was a 2.95 % 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 Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WSM. Mariner LLC raised its stake in Williams-Sonoma by 0.4% during the fourth quarter. Mariner LLC now owns 11,225 shares of the specialty retailer’s stock worth $2,079,000 after acquiring an additional 49 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Williams-Sonoma by 15.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 396 shares of the specialty retailer’s stock valued at $73,000 after buying an additional 53 shares in the last quarter. Resonant Capital Advisors LLC grew its stake in Williams-Sonoma by 1.6% during the fourth quarter. Resonant Capital Advisors LLC now owns 3,474 shares of the specialty retailer’s stock worth $643,000 after buying an additional 56 shares during the last quarter. Westmount Partners LLC increased its holdings in shares of Williams-Sonoma by 1.0% during the fourth quarter. Westmount Partners LLC now owns 6,242 shares of the specialty retailer’s stock worth $1,156,000 after buying an additional 59 shares in the last quarter. Finally, Bailard Inc. raised its stake in shares of Williams-Sonoma by 1.6% in the fourth quarter. Bailard Inc. now owns 4,091 shares of the specialty retailer’s stock valued at $758,000 after acquiring an additional 66 shares during the last quarter. 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.