2 weeks Ago By Defense World Staff
Williams-Sonoma ( NYSE:WSM – Free Report ) had its price target lowered by Citigroup from $140.00 to $134.00 in a research note published on Friday, Benzinga reports.
The firm currently has a neutral rating on the specialty retailer’s stock. A number of other analysts have also issued reports on the company. Wedbush lowered Williams-Sonoma from an “outperform” rating to a “neutral” rating and cut their target price for the company from $150.
00 to $135.00 in a research report on Wednesday, October 30th. Jefferies Financial Group raised Williams-Sonoma from a “hold” rating to a “buy” rating and increased their target price for the stock from $148.
00 to $156.00 in a research note on Wednesday, September 11th. Robert W.
Baird lowered their target price on Williams-Sonoma from $150.00 to $140.00 and set a “neutral” rating for the company in a report on Friday, August 23rd.
Evercore ISI cut their price target on shares of Williams-Sonoma from $155.00 to $135.00 and set an “in-line” rating on the stock in a research note on Wednesday, August 7th.
Finally, Wells Fargo & Company lowered their price objective on shares of Williams-Sonoma from $158.00 to $145.00 and set an “equal weight” rating for the company in a research note on Monday, August 19th.
Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $139.
47. Read Our Latest Stock Report on Williams-Sonoma Williams-Sonoma Stock Up 0.1 % Williams-Sonoma ( NYSE:WSM – Get Free Report ) last announced its earnings results on Thursday, August 22nd.
The specialty retailer reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.
13. The company had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.
81 billion. Williams-Sonoma had a net margin of 14.29% and a return on equity of 51.
57%. Williams-Sonoma’s revenue was down 4.0% compared to the same quarter last year.
During the same quarter last year, the firm posted $1.56 earnings per share. As a group, equities analysts expect that Williams-Sonoma will post 7.
99 earnings per share for the current year. Williams-Sonoma Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Stockholders of record on Friday, October 18th will be issued a $0.
57 dividend. The ex-dividend date is Friday, October 18th. This represents a $2.
28 dividend on an annualized basis and a dividend yield of 1.76%. Williams-Sonoma’s payout ratio is currently 27.
39%. Insider Transactions at Williams-Sonoma In related news, EVP Karalyn Smith sold 11,100 shares of the company’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $134.
66, for a total value of $1,494,726.00. Following the completion of the transaction, the executive vice president now directly owns 15,150 shares of the company’s stock, valued at $2,040,099.
This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink .
In other Williams-Sonoma news, CEO Laura Alber sold 40,000 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $145.27, for a total transaction of $5,810,800.
00. Following the transaction, the chief executive officer now owns 1,030,956 shares of the company’s stock, valued at approximately $149,766,978.12.
This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink .
Also, EVP Karalyn Smith sold 11,100 shares of the business’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $134.66, for a total value of $1,494,726.
00. Following the completion of the sale, the executive vice president now directly owns 15,150 shares of the company’s stock, valued at $2,040,099. The trade was a 0.
00 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Corporate insiders own 1.
50% of the company’s stock. Institutional Inflows and Outflows A number of hedge funds have recently added to or reduced their stakes in the company. Quest Partners LLC acquired a new position in Williams-Sonoma in the second quarter valued at $26,000.
Cassady Schiller Wealth Management LLC increased its position in Williams-Sonoma by 100.0% in the 3rd quarter. Cassady Schiller Wealth Management LLC now owns 166 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 83 shares during the period.
Crewe Advisors LLC purchased a new stake in Williams-Sonoma during the 2nd quarter valued at approximately $29,000. EntryPoint Capital LLC lifted its position in Williams-Sonoma by 520.0% during the 1st quarter.
EntryPoint Capital LLC now owns 93 shares of the specialty retailer’s stock worth $30,000 after acquiring an additional 78 shares during the period. Finally, Clean Yield Group purchased a new position in shares of Williams-Sonoma in the 3rd quarter valued at approximately $30,000. Hedge funds and other institutional investors own 99.
29% of the company’s stock. About Williams-Sonoma ( Get Free Report ) 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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