Donaldson Capital Management LLC Purchases 13,421 Shares of Somnigroup International Inc. $SGI

Donaldson Capital Management LLC grew its position in Somnigroup International Inc. (NYSE:SGI) by 16.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 93,392 shares of the company’s stock after buying an additional 13,421 shares during the period. Donaldson Capital Management LLC’s holdings in Somnigroup International were worth $8,338,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SGI. Salvus Wealth Management LLC raised its stake in shares of Somnigroup International by 0.4% during the 4th quarter. Salvus Wealth Management LLC now owns 59,465 shares of the company’s stock worth $5,309,000 after acquiring an additional 235 shares in the last quarter. Allworth Financial LP acquired a new stake in Somnigroup International in the third quarter valued at approximately $32,000. Park Avenue Securities LLC grew its holdings in Somnigroup International by 6.8% in the fourth quarter. Park Avenue Securities LLC now owns 12,112 shares of the company’s stock worth $1,081,000 after purchasing an additional 768 shares during the last quarter. GAMMA Investing LLC grew its holdings in Somnigroup International by 12.1% in the fourth quarter. GAMMA Investing LLC now owns 8,191 shares of the company’s stock worth $731,000 after purchasing an additional 884 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of Somnigroup International by 15.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 8,665 shares of the company’s stock worth $786,000 after purchasing an additional 1,173 shares in the last quarter. Hedge funds and other institutional investors own 99.86% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on SGI. Truist Financial raised their price objective on Somnigroup International from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Somnigroup International in a research report on Monday, December 29th. Stephens started coverage on Somnigroup International in a report on Tuesday, February 10th. They issued an “equal weight” rating and a $89.00 price target for the company. UBS Group dropped their price target on Somnigroup International from $122.00 to $115.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Finally, Jefferies Financial Group upgraded shares of Somnigroup International from a “hold” rating to a “buy” rating and cut their price objective for the company from $90.00 to $88.00 in a report on Thursday. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Somnigroup International presently has an average rating of “Moderate Buy” and a consensus price target of $101.75.

Somnigroup International Trading Down 0.0%

Shares of NYSE:SGI opened at $70.45 on Monday. Somnigroup International Inc. has a twelve month low of $53.10 and a twelve month high of $98.56. The stock has a 50 day simple moving average of $86.58. The company has a current ratio of 0.83, a quick ratio of 0.42 and a debt-to-equity ratio of 1.47. The firm has a market cap of $14.82 billion, a P/E ratio of 39.36, a PEG ratio of 0.91 and a beta of 1.28.

Somnigroup International (NYSE:SGI) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $0.72 EPS for the quarter, meeting the consensus estimate of $0.72. The business had revenue of $1.87 billion during the quarter. Somnigroup International had a net margin of 5.14% and a return on equity of 19.36%. The business’s revenue was up 54.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 earnings per share. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS.

Somnigroup International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, March 5th were given a dividend of $0.17 per share. The ex-dividend date was Thursday, March 5th. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. Somnigroup International’s payout ratio is currently 37.99%.

Somnigroup International Profile

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.