Williams-Sonoma, Inc. (NYSE:WSM – Get Free Report) EVP Karalyn Yearout sold 522 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $203.07, for a total transaction of $106,002.54. Following the completion of the sale, the executive vice president owned 22,829 shares in the company, valued at approximately $4,635,885.03. This trade represents a 2.24% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Karalyn Yearout also recently made the following trade(s):
- On Wednesday, April 8th, Karalyn Yearout sold 2,267 shares of Williams-Sonoma stock. The stock was sold at an average price of $192.49, for a total transaction of $436,374.83.
Williams-Sonoma Price Performance
WSM traded down $5.60 during mid-day trading on Wednesday, hitting $207.57. The stock had a trading volume of 1,062,296 shares, compared to its average volume of 1,170,515. The stock’s fifty day simple moving average is $190.21 and its 200-day simple moving average is $193.22. The firm has a market capitalization of $24.44 billion, a price-to-earnings ratio of 23.24, a price-to-earnings-growth ratio of 2.39 and a beta of 1.51. Williams-Sonoma, Inc. has a 1-year low of $152.20 and a 1-year high of $222.00.
Williams-Sonoma Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, April 17th were issued a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 1.5%. This is a boost from Williams-Sonoma’s previous quarterly dividend of $0.66. The ex-dividend date was Friday, April 17th. Williams-Sonoma’s dividend payout ratio (DPR) is 29.56%.
Institutional Investors Weigh In On Williams-Sonoma
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd acquired a new stake in Williams-Sonoma in the 4th quarter valued at $25,000. Atlantic Union Bankshares Corp increased its stake in Williams-Sonoma by 51.5% in the 4th quarter. Atlantic Union Bankshares Corp now owns 147 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 50 shares during the last quarter. MidFirst Bank acquired a new stake in Williams-Sonoma in the 4th quarter valued at $30,000. Millstone Evans Group LLC increased its stake in Williams-Sonoma by 229.4% in the 1st quarter. Millstone Evans Group LLC now owns 168 shares of the specialty retailer’s stock valued at $31,000 after buying an additional 117 shares during the last quarter. Finally, DV Equities LLC acquired a new stake in Williams-Sonoma in the 4th quarter valued at $31,000. 99.29% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts have weighed in on the stock. Royal Bank Of Canada set a $192.00 target price on shares of Williams-Sonoma and gave the stock an “outperform” rating in a report on Friday, May 22nd. Argus set a $230.00 price objective on shares of Williams-Sonoma in a report on Friday, May 29th. Telsey Advisory Group restated an “outperform” rating and set a $225.00 price objective (up from $220.00) on shares of Williams-Sonoma in a report on Friday, May 22nd. Weiss Ratings lowered shares of Williams-Sonoma from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 2nd. Finally, Barclays set a $190.00 price objective on shares of Williams-Sonoma and gave the stock an “equal weight” rating in a report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $209.06.
View Our Latest Research Report on WSM
Williams-Sonoma Company Profile
Williams‑Sonoma, Inc is a specialty retailer focused on the home and culinary markets, best known for premium cookware, kitchen tools and home furnishings. The company traces its roots to a single cookware store founded by Chuck Williams in 1956 in Sonoma, California, and has evolved into a multi‑brand home furnishings and housewares business. Its merchandise mix spans cookware and kitchen electrics, tabletop and food prep items, furniture, bedding, lighting and decorative accessories designed for both everyday use and higher‑end interiors.
The company operates a portfolio of consumer brands that target distinct segments of the home market.
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