Williams-Sonoma (NYSE:WSM) Stock Bought by Rep. Rick Larsen

Key Points

• Rep. Rick Larsen purchased between $1,001 and $15,000 of Williams-Sonoma stock in his IRA on October 8, alongside purchases of Analog Devices and sales of FedEx and Home Depot.
• Williams-Sonoma shares traded near $239.64, while the company’s latest quarterly results exceeded expectations: EPS was $2.10 versus $2.08 expected, and revenue rose 6.7% year over year to $1.96 billion.
• The company declared a quarterly dividend of $0.76 per share, equivalent to $3.04 annually and a 1.3% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $245.56.

Representative Rick Larsen (Democratic-Washington) recently bought shares of Williams-Sonoma, Inc. NYSE: WSM. In a filing disclosed on October 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Williams-Sonoma stock on October 8th. The trade occurred in the Representative's "RICHARD R LARSEN IRA" account.

Representative Rick Larsen also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of FedEx NYSE: FDX on 10/8/2026.
• Purchased $1,001 - $15,000 in shares of Analog Devices NASDAQ: ADI on 10/8/2026.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 10/8/2026.

Williams-Sonoma Trading Up 0.3%

Shares of NYSE:WSM opened at $239.64 on Wednesday. The stock has a market capitalization of $28.23 billion, a P/E ratio of 26.45, a price-to-earnings-growth ratio of 2.59 and a beta of 1.48. The stock's 50-day moving average price is $234.13 and its 200-day moving average price is $215.73. Williams-Sonoma, Inc. has a 12-month low of $165.51 and a 12-month high of $254.89.

Williams-Sonoma (NYSE:WSM - Get Free Report) last released its earnings results on Wednesday, August 26th. The specialty retailer reported $2.10 earnings per share for the quarter, beating analysts' consensus estimates of $2.08 by $0.02. The company had revenue of $1.96 billion during the quarter, compared to analyst estimates of $1.93 billion. Williams-Sonoma had a return on equity of 53.48% and a net margin of 14.73%. Williams-Sonoma's revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.00 EPS. As a group, research analysts predict that Williams-Sonoma, Inc. will post 9.51 EPS for the current year.

Williams-Sonoma Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Stockholders of record on Friday, October 16th will be paid a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, October 16th. Williams-Sonoma's dividend payout ratio (DPR) is 31.12%.

Institutional Trading of Williams-Sonoma

A number of institutional investors have recently modified their holdings of WSM. Brown Lisle Cummings Inc. increased its holdings in Williams-Sonoma by 11.1% during the 1st quarter. Brown Lisle Cummings Inc. now owns 622 shares of the specialty retailer's stock worth $113,000 after purchasing an additional 62 shares in the last quarter. Mediolanum International Funds Ltd lifted its holdings in shares of Williams-Sonoma by 0.6% in the first quarter. Mediolanum International Funds Ltd now owns 11,262 shares of the specialty retailer's stock valued at $1,992,000 after purchasing an additional 67 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Williams-Sonoma by 2.2% in the first quarter. Parallel Advisors LLC now owns 3,203 shares of the specialty retailer's stock valued at $584,000 after purchasing an additional 70 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Williams-Sonoma by 1.8% in the second quarter. GAMMA Investing LLC now owns 3,972 shares of the specialty retailer's stock valued at $926,000 after purchasing an additional 71 shares in the last quarter. Finally, Eastern Bank boosted its position in shares of Williams-Sonoma by 10.6% during the third quarter. Eastern Bank now owns 752 shares of the specialty retailer's stock valued at $171,000 after buying an additional 72 shares during the last quarter. 99.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Jeffrey Howie sold 3,045 shares of the company's stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $220.61, for a total transaction of $671,757.45. Following the completion of the sale, the chief financial officer owned 34,138 shares in the company, valued at approximately $7,531,184.18. This represents a 8.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Karalyn Yearout sold 522 shares of the stock in a transaction on Friday, October 9th. The shares were sold at an average price of $239.36, for a total value of $124,945.92. Following the completion of the sale, the executive vice president directly owned 19,673 shares of the company's stock, valued at $4,708,929.28. The trade was a 2.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 40,089 shares of company stock worth $8,917,319. 1.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Piper Sandler assumed coverage on Williams-Sonoma in a research note on Monday, July 27th. They issued an "overweight" rating and a $253.00 price target on the stock. Bank of America reissued a "buy" rating and set a $261.00 price objective (up from $250.00) on shares of Williams-Sonoma in a research note on Monday, August 24th. Argus raised their target price on shares of Williams-Sonoma from $230.00 to $250.00 and gave the stock a "buy" rating in a report on Wednesday, September 2nd. KeyCorp reaffirmed an "overweight" rating and issued a $270.00 target price (up from $250.00) on shares of Williams-Sonoma in a research note on Thursday, August 27th. Finally, Jefferies Financial Group set a $275.00 target price on shares of Williams-Sonoma in a research note on Wednesday, August 26th. Ten analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $245.56.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington's 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027. Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington's 2nd Congressional District. He declared candidacy for the 2026 election. Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure. Larsen's first position as an elected official was in 1998 as a member of the Snohomish County Council. Larsen earned his bachelor's degree from Pacific Lutheran University. After earning his master's degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

About Williams-Sonoma

Williams-Sonoma, Inc is an omnichannel specialty retailer focused on home furnishings, décor, kitchenware and related lifestyle products. The company operates a portfolio of brands that includes Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Williams Sonoma Home and Mark & Graham.

Its products include cookware, cutlery, appliances, tabletop goods, furniture, bedding, bath products, lighting, rugs, textiles, decorative accessories, gifts and personalized items.

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