Karalyn Yearout Sells 1,000 Shares of Williams-Sonoma (NYSE:WSM) Stock

Williams-Sonoma, Inc. (NYSE:WSMGet Free Report) EVP Karalyn Yearout sold 1,000 shares of Williams-Sonoma stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $250.00, for a total value of $250,000.00. Following the completion of the transaction, the executive vice president directly owned 20,717 shares in the company, valued at $5,179,250. This represents a 4.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Karalyn Yearout also recently made the following trade(s):

  • On Monday, June 15th, Karalyn Yearout sold 1,112 shares of Williams-Sonoma stock. The shares were sold at an average price of $228.49, for a total transaction of $254,080.88.
  • On Monday, June 8th, Karalyn Yearout sold 522 shares of Williams-Sonoma stock. The shares were sold at an average price of $203.07, for a total transaction of $106,002.54.

Williams-Sonoma Price Performance

Shares of WSM opened at $251.29 on Friday. The company has a 50-day moving average of $225.63 and a two-hundred day moving average of $205.30. The stock has a market cap of $29.59 billion, a price-to-earnings ratio of 28.14, a PEG ratio of 2.71 and a beta of 1.50. Williams-Sonoma, Inc. has a one year low of $165.51 and a one year high of $252.99.

Williams-Sonoma (NYSE:WSMGet Free Report) last released its quarterly earnings results on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.13. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.80 billion. Williams-Sonoma had a net margin of 13.81% and a return on equity of 53.29%. The firm’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.85 earnings per share. Analysts anticipate that Williams-Sonoma, Inc. will post 9.38 earnings per share for the current year.

Williams-Sonoma Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, July 17th will be given a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a yield of 1.2%. The ex-dividend date is Friday, July 17th. Williams-Sonoma’s payout ratio is presently 34.04%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on WSM shares. Piper Sandler assumed coverage on Williams-Sonoma in a report on Monday, July 27th. They issued an “overweight” rating and a $253.00 target price for the company. Royal Bank Of Canada set a $192.00 price target on Williams-Sonoma and gave the company an “outperform” rating in a report on Friday, May 22nd. Weiss Ratings raised Williams-Sonoma from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, July 30th. Bank of America began coverage on Williams-Sonoma in a research note on Friday, June 12th. They issued a “buy” rating and a $250.00 price objective for the company. Finally, Citigroup decreased their price objective on Williams-Sonoma from $208.00 to $200.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $217.82.

Check Out Our Latest Research Report on Williams-Sonoma

Institutional Trading of Williams-Sonoma

A number of institutional investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd acquired a new position in shares of Williams-Sonoma during the 4th quarter worth $25,000. Atlantic Union Bankshares Corp lifted its stake in shares of 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 purchasing an additional 50 shares during the last quarter. MidFirst Bank acquired a new stake in shares of Williams-Sonoma in the 4th quarter valued at $30,000. Ballast Advisors LLC bought a new stake in Williams-Sonoma in the first quarter worth $30,000. Finally, Millstone Evans Group LLC boosted its holdings in Williams-Sonoma by 229.4% in the first quarter. Millstone Evans Group LLC now owns 168 shares of the specialty retailer’s stock worth $31,000 after purchasing an additional 117 shares in the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Williams-Sonoma Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Williams-Sonoma (NYSE:WSM)

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