Wedbush Issues Pessimistic Forecast for Williams-Sonoma (NYSE:WSM) Stock Price

Williams-Sonoma (NYSE:WSM) had its price objective cut by analysts at Wedbush from $190.00 to $170.00 in a research note issued on Thursday, Marketbeat Ratings reports. The brokerage presently has a “neutral” rating on the specialty retailer’s stock. Wedbush’s target price points to a potential upside of 4.12% from the company’s current price. Wedbush also issued estimates for Williams-Sonoma’s Q3 2026 earnings at $1.90 EPS, 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.

WSM has been the topic of a number of other reports. Evercore ISI boosted their target price on Williams-Sonoma from $140.00 to $180.00 and gave the stock an “in-line” rating in a report on Thursday, November 21st. Barclays boosted their price target on Williams-Sonoma from $123.00 to $131.00 and gave the company an “underweight” rating in a research note on Thursday, March 13th. Jefferies Financial Group boosted their target price on shares of Williams-Sonoma from $194.00 to $226.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Morgan Stanley decreased their price target on shares of Williams-Sonoma from $195.00 to $185.00 and set an “equal weight” rating on the stock in a research note on Thursday. Finally, Royal Bank of Canada boosted their price objective on shares of Williams-Sonoma from $162.00 to $189.00 and gave the company an “outperform” rating in a report on Thursday, November 21st. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $177.93.

Williams-Sonoma Trading Down 1.0 %

NYSE WSM opened at $163.27 on Thursday. The stock has a 50 day moving average of $197.13 and a 200-day moving average of $172.03. Williams-Sonoma has a 12 month low of $125.33 and a 12 month high of $219.98. The company has a market cap of $20.10 billion, a PE ratio of 19.31, a PEG ratio of 2.89 and a beta of 1.82.

Williams-Sonoma (NYSE:WSM) last issued its earnings results on Wednesday, March 19th. The specialty retailer reported $3.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.88 by $0.40. Williams-Sonoma had a net margin of 14.54% and a return on equity of 51.56%. The company had revenue of $2.46 billion for the quarter, compared to analysts’ expectations of $2.34 billion. During the same period in the prior year, the firm earned $5.44 EPS. Williams-Sonoma’s quarterly revenue was up 8.0% compared to the same quarter last year. As a group, sell-side analysts predict that Williams-Sonoma will post 8.36 EPS for the current fiscal year.

Insider Activity at Williams-Sonoma

In related news, CEO Laura Alber sold 45,000 shares of the firm’s stock in a transaction 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 owns 944,666 shares of the company’s stock, valued at $196,263,808.16. This trade represents a 4.55 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Jeffrey Howie sold 1,408 shares of the business’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $194.32, for a total value of $273,602.56. Following the sale, the chief financial officer now owns 46,388 shares in the company, valued at approximately $9,014,116.16. This trade represents a 2.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Williams-Sonoma

Several large investors have recently modified their holdings of the business. FMR LLC grew its stake in shares of Williams-Sonoma by 72.7% in the third quarter. FMR LLC now owns 8,781,201 shares of the specialty retailer’s stock worth $1,360,384,000 after purchasing an additional 3,695,837 shares during the last quarter. State Street Corp grew 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 buying an additional 2,777,339 shares during the last quarter. Geode Capital Management LLC grew its position 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 buying an additional 1,393,436 shares during the last quarter. Pacer Advisors Inc. increased its stake in shares of Williams-Sonoma by 118.7% in the third quarter. Pacer Advisors Inc. now owns 2,110,320 shares of the specialty retailer’s stock valued at $326,931,000 after buying an additional 1,145,410 shares during the period. Finally, Northern Trust Corp raised its position in shares of Williams-Sonoma by 15.1% during the fourth quarter. Northern Trust Corp now owns 1,902,382 shares of the specialty retailer’s stock worth $352,283,000 after acquiring an additional 249,389 shares during the last quarter. Institutional investors own 99.29% of the company’s stock.

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.