KeyCorp upgraded shares of Williams-Sonoma (NYSE:WSM – Free Report) from a sector weight rating to an overweight rating in a report released on Friday, MarketBeat.com reports. They currently have $181.00 price objective on the specialty retailer’s stock. KeyCorp also issued estimates for Williams-Sonoma’s Q1 2026 earnings at $1.68 EPS, Q2 2026 earnings at $1.73 EPS, Q3 2026 earnings at $1.83 EPS, Q4 2026 earnings at $2.96 EPS, FY2026 earnings at $8.20 EPS and FY2027 earnings at $8.40 EPS.
A number of other equities analysts have also issued reports on WSM. Baird R W raised shares of Williams-Sonoma from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 7th. Wedbush dropped their price objective on shares of Williams-Sonoma from $190.00 to $170.00 and set a “neutral” rating on the stock in a report on Thursday, March 20th. Evercore ISI reduced their target price on shares of Williams-Sonoma from $180.00 to $175.00 and set an “in-line” rating for the company in a research note on Tuesday, April 1st. JPMorgan Chase & Co. boosted their price target on Williams-Sonoma from $153.00 to $168.00 and gave the company a “neutral” rating in a research note on Thursday, March 20th. Finally, Gordon Haskett upgraded Williams-Sonoma to a “hold” rating in a research report on Thursday, February 13th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $179.06.
Check Out Our Latest Stock Report on WSM
Williams-Sonoma Price Performance
Williams-Sonoma (NYSE:WSM – Get Free Report) last posted its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.28 earnings per share for the quarter, topping the consensus estimate of $2.88 by $0.40. The business had revenue of $2.46 billion during the quarter, compared to analysts’ expectations of $2.34 billion. Williams-Sonoma had a return on equity of 51.56% and a net margin of 14.54%. The firm’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.44 EPS. Analysts anticipate that Williams-Sonoma will post 8.36 earnings per share for the current year.
Williams-Sonoma Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Saturday, May 24th. Shareholders of record on Thursday, April 17th will be issued a dividend of $0.66 per share. This is an increase from Williams-Sonoma’s previous quarterly dividend of $0.57. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $2.64 annualized dividend and a yield of 1.75%. Williams-Sonoma’s dividend payout ratio is currently 29.30%.
Insider Activity
In other news, EVP Karalyn Yearout sold 8,000 shares of the company’s stock in a transaction dated Wednesday, April 9th. The shares were sold at an average price of $151.53, for a total value of $1,212,240.00. Following the sale, the executive vice president now directly owns 16,505 shares of the company’s stock, valued at approximately $2,501,002.65. This represents a 32.65 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jeffrey Howie sold 915 shares of Williams-Sonoma stock in a transaction dated Tuesday, April 22nd. The stock was sold at an average price of $141.69, for a total value of $129,646.35. Following the transaction, the chief financial officer now owns 46,388 shares of the company’s stock, valued at $6,572,715.72. The trade was a 1.93 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 76,635 shares of company stock valued at $12,609,055. 1.50% of the stock is currently owned by insiders.
Institutional Trading of Williams-Sonoma
A number of hedge funds have recently made changes to their positions in WSM. Heck Capital Advisors LLC bought a new stake in shares of Williams-Sonoma during the 4th quarter worth about $37,000. Kozak & Associates Inc. acquired a new stake in shares of Williams-Sonoma during the fourth quarter worth $39,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Williams-Sonoma in the fourth quarter valued at about $38,000. SOA Wealth Advisors LLC. acquired a new position in shares of Williams-Sonoma in the first quarter valued at about $33,000. Finally, Sentry Investment Management LLC acquired a new position in shares of Williams-Sonoma in the first quarter valued at about $32,000. 99.29% of the stock is owned by institutional investors and hedge funds.
About Williams-Sonoma
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.
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