Williams-Sonoma (NYSE:WSM) Upgraded at KeyCorp

Williams-Sonoma (NYSE:WSM - Get Free Report) was upgraded by analysts at KeyCorp from a "sector weight" rating to an "overweight" rating in a report released on Friday, Marketbeat Ratings reports. The firm presently has a $181.00 target price on the specialty retailer's stock. KeyCorp's price objective suggests a potential upside of 19.00% from the stock's current price. KeyCorp also issued estimates for Williams-Sonoma's Q1 2026 earnings at $1.68 EPS, Q2 2026 earnings at $1.73 EPS, Q3 2026 earnings at $1.83 EPS, Q4 2026 earnings at $2.96 EPS, FY2026 earnings at $8.20 EPS and FY2027 earnings at $8.40 EPS.

Several other research firms also recently weighed in on WSM. UBS Group upgraded Williams-Sonoma from a "sell" rating to a "neutral" rating and upped their price target for the stock from $140.00 to $165.00 in a research note on Thursday, March 20th. Morgan Stanley cut their target price on Williams-Sonoma from $195.00 to $185.00 and set an "equal weight" rating on the stock in a research note on Thursday, March 20th. Robert W. Baird upgraded Williams-Sonoma from a "neutral" rating to an "outperform" rating and set a $170.00 target price on the stock in a research note on Monday, April 7th. Barclays increased their target price on Williams-Sonoma from $123.00 to $131.00 and gave the company an "underweight" rating in a research note on Thursday, March 13th. Finally, Jefferies Financial Group cut their target price on Williams-Sonoma from $226.00 to $208.00 and set a "buy" rating on the stock in a research note on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Williams-Sonoma presently has a consensus rating of "Hold" and a consensus target price of $179.06.

Williams-Sonoma Stock Performance

Shares of WSM stock traded down $1.30 on Friday, hitting $152.10. 399,838 shares of the company's stock traded hands, compared to its average volume of 2,054,283. The company's fifty day simple moving average is $163.49 and its 200 day simple moving average is $173.25. The stock has a market capitalization of $18.79 billion, a price-to-earnings ratio of 17.99, a P/E/G ratio of 2.89 and a beta of 1.76. Williams-Sonoma has a one year low of $125.33 and a one year high of $219.98.

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

Insiders Place Their Bets

In other Williams-Sonoma news, CFO Jeffrey Howie sold 915 shares of the company's stock in a transaction that occurred on Tuesday, April 22nd. The stock was sold at an average price of $141.69, for a total value of $129,646.35. Following the completion of the transaction, the chief financial officer now directly owns 46,388 shares in the company, valued at $6,572,715.72. This represents a 1.93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Laura Alber sold 30,000 shares of the company's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $165.78, for a total value of $4,973,400.00. Following the completion of the transaction, the chief executive officer now owns 1,018,374 shares of the company's stock, valued at $168,826,041.72. The trade was a 2.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 76,635 shares of company stock worth $12,609,055 in the last three months. 1.50% of the stock is owned by company insiders.

Institutional Trading of Williams-Sonoma

Several hedge funds have recently modified their holdings of WSM. SkyView Investment Advisors LLC raised its holdings in shares of Williams-Sonoma by 101.9% during the 3rd quarter. SkyView Investment Advisors LLC now owns 5,103 shares of the specialty retailer's stock worth $791,000 after acquiring an additional 2,576 shares in the last quarter. Anchor Investment Management LLC raised its holdings in shares of Williams-Sonoma by 140.0% during the 3rd quarter. Anchor Investment Management LLC now owns 660 shares of the specialty retailer's stock worth $102,000 after acquiring an additional 385 shares in the last quarter. World Investment Advisors LLC purchased a new stake in shares of Williams-Sonoma during the 3rd quarter worth approximately $23,123,000. Wilmington Savings Fund Society FSB raised its holdings in shares of Williams-Sonoma by 457.9% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 10,344 shares of the specialty retailer's stock worth $1,602,000 after acquiring an additional 8,490 shares in the last quarter. Finally, Tidal Investments LLC raised its holdings in Williams-Sonoma by 137.4% during the 3rd quarter. Tidal Investments LLC now owns 4,382 shares of the specialty retailer's stock valued at $679,000 after buying an additional 2,536 shares during the period. 99.29% of the stock is owned by hedge funds and other institutional investors.

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.