Brokers Issue Forecasts for Williams-Sonoma Q3 Earnings

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

Several other equities analysts also recently issued reports on the stock. 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 report on Thursday, March 20th. The Goldman Sachs Group raised their target price on Williams-Sonoma from $170.00 to $224.00 and gave the company a “neutral” rating in a research report on Thursday, January 30th. Morgan Stanley reduced their price objective on Williams-Sonoma from $195.00 to $185.00 and set an “equal weight” rating for the company in a research note on Thursday, March 20th. Gordon Haskett raised shares of Williams-Sonoma to a “hold” rating in a report on Thursday, February 13th. Finally, Wells Fargo & Company lowered their price target on shares of Williams-Sonoma from $195.00 to $170.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $177.93.

Williams-Sonoma Price Performance

Shares of NYSE:WSM opened at $169.10 on Monday. The business’s 50 day moving average price is $196.16 and its 200-day moving average price is $173.17. Williams-Sonoma has a 1 year low of $125.33 and a 1 year high of $219.98. The firm has a market capitalization of $20.82 billion, a price-to-earnings ratio of 20.00, a price-to-earnings-growth ratio of 2.89 and a beta of 1.82.

Williams-Sonoma (NYSE:WSM) last announced its quarterly 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 analyst estimates of $2.34 billion. During the same quarter in the previous year, the business earned $5.44 EPS. Williams-Sonoma’s revenue for the quarter 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 paid a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 1.56%. The ex-dividend date is Thursday, April 17th. This is a positive change from Williams-Sonoma’s previous quarterly dividend of $0.57. Williams-Sonoma’s dividend payout ratio (DPR) is 29.30%.

Insider Activity

In other news, CFO Jeffrey Howie sold 1,408 shares of the stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $194.32, for a total transaction of $273,602.56. Following the sale, the chief financial officer now owns 46,388 shares of the company’s stock, valued at approximately $9,014,116.16. This represents a 2.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Laura Alber sold 45,000 shares of the company’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 disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

Institutional Trading of Williams-Sonoma

Several hedge funds have recently modified their holdings of WSM. FMR LLC boosted its stake in shares of Williams-Sonoma by 72.7% in the 3rd quarter. FMR LLC now owns 8,781,201 shares of the specialty retailer’s stock valued at $1,360,384,000 after buying an additional 3,695,837 shares during the period. State Street Corp increased its position in shares of Williams-Sonoma by 108.8% in the 3rd quarter. State Street Corp now owns 5,329,125 shares of the specialty retailer’s stock valued at $825,588,000 after purchasing an additional 2,777,339 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Williams-Sonoma by 107.5% in the 3rd quarter. Geode Capital Management LLC now owns 2,689,451 shares of the specialty retailer’s stock valued at $418,223,000 after purchasing an additional 1,393,436 shares in the last quarter. Northern Trust Corp lifted its position in shares of Williams-Sonoma by 15.1% during the 4th quarter. Northern Trust Corp now owns 1,902,382 shares of the specialty retailer’s stock worth $352,283,000 after purchasing an additional 249,389 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Williams-Sonoma during the 4th quarter worth $290,121,000. 99.29% of the stock is currently 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.