Key Points
- CEO Scott Thompson purchased 30,000 Somnigroup shares at an average price of $62.84, investing approximately $1.89 million and increasing his holdings to 4.12 million shares.
- Somnigroup reported quarterly EPS of $0.58 on $1.82 billion in revenue, matching analysts’ earnings expectations but reflecting a 3% year-over-year revenue decline. The company issued fiscal 2026 EPS guidance of $2.85–$3.15.
- Analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $94.50 versus the stock’s recent price near $62.41. The company also declared a quarterly dividend of $0.17 per share.
Somnigroup International Inc. (NYSE:SGI - Get Free Report) CEO Scott Thompson purchased 30,000 shares of the firm's stock in a transaction dated Thursday, August 27th. The stock was acquired at an average cost of $62.84 per share, with a total value of $1,885,200.00. Following the purchase, the chief executive officer owned 4,123,634 shares of the company's stock, valued at approximately $259,129,160.56. This represents a 0.73% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Somnigroup International Price Performance
Shares of SGI opened at $62.41 on Friday. Somnigroup International Inc. has a one year low of $60.39 and a one year high of $98.56. The stock's fifty day moving average is $70.49 and its 200-day moving average is $74.70. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.37 and a current ratio of 0.75. The firm has a market capitalization of $13.13 billion, a price-to-earnings ratio of 24.96, a price-to-earnings-growth ratio of 1.41 and a beta of 1.20.
Somnigroup International (NYSE:SGI - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.58 earnings per share for the quarter, hitting the consensus estimate of $0.58. The business had revenue of $1.82 billion during the quarter. Somnigroup International had a net margin of 7.00% and a return on equity of 19.32%. The business's revenue for the quarter was down 3.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.53 EPS. Somnigroup International has set its FY 2026 guidance at 2.850-3.150 EPS. Equities analysts anticipate that Somnigroup International Inc. will post 3.02 EPS for the current year.
Somnigroup International Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Thursday, August 20th. Somnigroup International's payout ratio is 27.20%.
Institutional Investors Weigh In On Somnigroup International
A number of institutional investors and hedge funds have recently bought and sold shares of SGI. Corient Private Wealth LP boosted its position in shares of Somnigroup International by 6.9% during the 2nd quarter. Corient Private Wealth LP now owns 6,600 shares of the company's stock valued at $517,000 after purchasing an additional 427 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Somnigroup International in the 2nd quarter worth approximately $1,721,000. California State Teachers Retirement System raised its holdings in shares of Somnigroup International by 7,702.3% in the 2nd quarter. California State Teachers Retirement System now owns 18,088,526 shares of the company's stock worth $1,418,140,000 after purchasing an additional 17,856,689 shares in the last quarter. Highlander Partners L.P. raised its holdings in shares of Somnigroup International by 2,253.6% in the 2nd quarter. Highlander Partners L.P. now owns 329,500 shares of the company's stock worth $25,833,000 after purchasing an additional 315,500 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its stake in Somnigroup International by 23.3% during the second quarter. Concurrent Investment Advisors LLC now owns 11,965 shares of the company's stock valued at $938,000 after purchasing an additional 2,260 shares during the last quarter. 99.86% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on the stock. Morgan Stanley started coverage on shares of Somnigroup International in a report on Monday, July 27th. They issued an "overweight" rating and a $95.00 price objective for the company. Zelman & Associates started coverage on Somnigroup International in a report on Tuesday, June 23rd. They set an "outperform" rating and a $99.00 target price on the stock. UBS Group cut their target price on Somnigroup International from $105.00 to $94.00 and set a "buy" rating for the company in a research report on Friday, August 7th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Somnigroup International in a research note on Friday, August 21st. Finally, Piper Sandler reiterated an "overweight" rating and set a $95.00 price target (down from $102.00) on shares of Somnigroup International in a research report on Friday, August 7th. Seven research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Somnigroup International currently has a consensus rating of "Moderate Buy" and an average target price of $94.50.
View Our Latest Research Report on Somnigroup International
About Somnigroup International
(
Get Free Report)
Somnigroup International Inc, together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally. It provides mattresses, foundations and adjustable foundations, and adjustable bases, as well as other products comprising pillows, mattress covers, sheets, cushions, and various other accessories and comfort products under the Tempur-Pedic, Sealy, Stearns & Foster, Sealy, and Cocoon by Sealy brand names. The company sells its products through approximately company-owned stores, online, and call centers; and third party retailers, including third party distribution, hospitality, and healthcare.
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