Williams-Sonoma (NYSE:WSM) Stock Price Expected to Rise, Citigroup Analyst Says

Williams-Sonoma (NYSE:WSM) had its price objective raised by Citigroup from $188.00 to $208.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “neutral” rating on the specialty retailer’s stock. Citigroup’s price target suggests a potential upside of 11.37% from the company’s current price.

Other analysts have also recently issued reports about the company. Royal Bank Of Canada set a $206.00 target price on Williams-Sonoma and gave the stock an “outperform” rating in a research note on Friday, November 21st. Zelman & Associates raised shares of Williams-Sonoma from an “underperform” rating to a “neutral” rating and set a $205.00 price target on the stock in a research note on Thursday, January 29th. TD Cowen reiterated a “buy” rating and issued a $245.00 price target (up from $210.00) on shares of Williams-Sonoma in a report on Tuesday, January 20th. Telsey Advisory Group lowered their price objective on shares of Williams-Sonoma from $225.00 to $220.00 and set an “outperform” rating for the company in a research report on Thursday, November 20th. Finally, Evercore set a $215.00 price objective on shares of Williams-Sonoma in a report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $203.22.

Williams-Sonoma Trading Down 3.5%

NYSE:WSM opened at $186.77 on Friday. Williams-Sonoma has a 1 year low of $130.07 and a 1 year high of $222.00. The stock has a 50-day moving average price of $204.80 and a two-hundred day moving average price of $195.68. The stock has a market cap of $22.30 billion, a price-to-earnings ratio of 20.55, a PEG ratio of 2.79 and a beta of 1.64.

Insider Activity at Williams-Sonoma

In other Williams-Sonoma news, EVP Karalyn Yearout sold 767 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $205.16, for a total transaction of $157,357.72. Following the completion of the transaction, the executive vice president owned 13,236 shares of the company’s stock, valued at $2,715,497.76. This represents a 5.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Laura Alber sold 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $207.39, for a total transaction of $7,258,650.00. Following the transaction, the chief executive officer directly owned 806,537 shares of the company’s stock, valued at $167,267,708.43. This represents a 4.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd bought a new stake in Williams-Sonoma during the 4th quarter worth about $25,000. Atlantic Union Bankshares Corp boosted its stake 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. True Wealth Design LLC grew its holdings in shares of Williams-Sonoma by 111.8% in the 3rd quarter. True Wealth Design LLC now owns 144 shares of the specialty retailer’s stock valued at $28,000 after acquiring an additional 76 shares in the last quarter. Vermillion & White Wealth Management Group LLC increased its position in shares of Williams-Sonoma by 130.8% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 180 shares of the specialty retailer’s stock valued at $29,000 after acquiring an additional 102 shares during the last quarter. Finally, MidFirst Bank acquired a new stake in shares of Williams-Sonoma in the fourth quarter valued at about $30,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

About Williams-Sonoma

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.