Corient Private Wealth LP Sells 70,688 Shares of Williams-Sonoma, Inc. $WSM

Key Points

• Corient Private Wealth reduced its Williams-Sonoma stake by 39.7%, selling 70,688 shares during the second quarter and retaining 107,568 shares valued at approximately $25.1 million. Institutional investors collectively own 99.29% of the company.
• Williams-Sonoma reported a quarterly earnings beat, with EPS of $2.10 versus the $2.08 consensus estimate and revenue of $1.96 billion, up 6.7% year over year. Analysts expect full-year EPS of approximately $9.51.
• The stock has a “Moderate Buy” consensus rating from analysts, with an average price target of $245.56, compared with a recent share price of $226.50.

Corient Private Wealth LP trimmed its position in Williams-Sonoma, Inc. (NYSE:WSM - Free Report) by 39.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 107,568 shares of the specialty retailer's stock after selling 70,688 shares during the quarter. Corient Private Wealth LP owned 0.09% of Williams-Sonoma worth $25,074,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Atlantic Union Bankshares Corp lifted its position in shares of Williams-Sonoma by 51.5% during the 4th quarter. Atlantic Union Bankshares Corp now owns 147 shares of the specialty retailer's stock worth $26,000 after buying an additional 50 shares during the last quarter. Florida Financial Advisors LLC raised its stake in Williams-Sonoma by 2.3% during the fourth quarter. Florida Financial Advisors LLC now owns 2,534 shares of the specialty retailer's stock worth $453,000 after acquiring an additional 58 shares in the last quarter. Brown Lisle Cummings Inc. lifted its holdings in shares of Williams-Sonoma by 11.1% in the first quarter. Brown Lisle Cummings Inc. now owns 622 shares of the specialty retailer's stock worth $113,000 after acquiring an additional 62 shares during the last quarter. Mediolanum International Funds Ltd boosted its stake in shares of Williams-Sonoma by 0.6% in the 1st 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. Finally, Parallel Advisors LLC grew its holdings in shares of Williams-Sonoma by 2.2% during the 1st 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 during the last quarter. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Williams-Sonoma news, EVP Karalyn Yearout sold 522 shares of the stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $246.39, for a total transaction of $128,615.58. Following the completion of the sale, the executive vice president directly owned 20,195 shares in the company, valued at approximately $4,975,846.05. This trade represents a 2.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.10% of the company's stock.

Williams-Sonoma Price Performance

Shares of WSM stock opened at $226.50 on Monday. The stock has a market capitalization of $26.68 billion, a PE ratio of 23.18, a PEG ratio of 2.43 and a beta of 1.47. The business's 50 day simple moving average is $232.09 and its 200 day simple moving average is $209.37. Williams-Sonoma, Inc. has a one year low of $165.51 and a one year high of $254.89.

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

Williams-Sonoma News Roundup

Here are the key news stories impacting Williams-Sonoma this week:

• Positive Sentiment: Broad earnings-estimate increases: Zacks Research raised its estimates for fiscal 2027 EPS to $9.52 from $9.28 and fiscal 2028 EPS to $10.70 from $10.26. It also lifted estimates for several quarterly periods, including Q2 2028 to $2.44 from $2.19 and Q1 2029 to $2.26 from $2.20. These revisions indicate improving expectations for Williams-Sonoma’s operating performance. MarketBeat analyst estimate report
• Positive Sentiment: Positive cash-flow and value appeal: A recent investment article included Williams-Sonoma among cash-producing companies on its buy list, which may reinforce the stock’s appeal to investors seeking profitable businesses with strong cash generation. Cash-producing stock article
• Neutral Sentiment: Increased investor attention: Williams-Sonoma is currently a trending stock on Zacks.com. The article highlights factors investors should monitor, but it does not announce a material business development or provide a definitive new price target. Williams-Sonoma trending stock article
• Neutral Sentiment: Relative-value discussion: Zacks compared Williams-Sonoma with Alliance Laundry Holdings, leaving investors to weigh which home-furnishings stock offers the better value. The analysis could support WSM if it is viewed as undervalued, but it also highlights valuation as an important consideration. Alliance Laundry Holdings versus Williams-Sonoma value comparison
• Negative Sentiment: Some estimates were reduced: Zacks lowered its Q4 2028 EPS forecast to $3.53 from $3.61 and fiscal 2029 EPS to $11.31 from $11.41. These modest cuts suggest analysts see some uncertainty in longer-term growth, partially offsetting the broader upward revisions.

Wall Street Analysts Forecast Growth

WSM has been the topic of a number of research analyst reports. Credit Suisse Group set a $261.00 target price on shares of Williams-Sonoma in a research report on Monday, August 24th. Guggenheim reissued a "neutral" rating on shares of Williams-Sonoma in a report on Thursday, August 27th. UBS Group reaffirmed a "neutral" rating and issued a $247.00 target price (up from $190.00) on shares of Williams-Sonoma in a report on Thursday, August 27th. Wells Fargo & Company lifted their price target on Williams-Sonoma from $190.00 to $240.00 and gave the company an "equal weight" rating in a research note on Tuesday, August 11th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $260.00 price objective on shares of Williams-Sonoma in a research note on Thursday, August 27th. Ten equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, Williams-Sonoma presently has an average rating of "Moderate Buy" and a consensus target price of $245.56.

Williams-Sonoma Profile

Williams-Sonoma, Inc is a specialty retailer focused on high-quality home furnishings, housewares and lifestyle products. The company sells furniture, bedding, bath goods, lighting, rugs, window treatments, home décor, kitchen equipment, cookware, tabletop products, outdoor furnishings and related accessories through e-commerce platforms, catalogs and retail stores.

The company operates a portfolio of brands that includes Williams Sonoma, Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, West Elm, Mark & Graham and Rejuvenation.

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