SG Americas Securities LLC Purchases 74,115 Shares of Somnigroup International Inc. $SGI

SG Americas Securities LLC raised its position in Somnigroup International Inc. (NYSE:SGI) by 88.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 158,259 shares of the company’s stock after purchasing an additional 74,115 shares during the quarter. SG Americas Securities LLC owned 0.08% of Somnigroup International worth $11,699,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SGI. Swiss Life Asset Management Ltd boosted its position in shares of Somnigroup International by 85.1% during the third quarter. Swiss Life Asset Management Ltd now owns 9,065 shares of the company’s stock valued at $764,000 after buying an additional 4,168 shares during the period. Allworth Financial LP purchased a new stake in shares of Somnigroup International in the third quarter worth approximately $32,000. Hudson Bay Capital Management LP purchased a new stake in shares of Somnigroup International in the third quarter worth approximately $5,585,000. New Mexico Educational Retirement Board bought a new stake in shares of Somnigroup International during the 3rd quarter worth approximately $3,578,000. Finally, GAMMA Investing LLC lifted its stake in shares of Somnigroup International by 12.1% during the 4th quarter. GAMMA Investing LLC now owns 8,191 shares of the company’s stock worth $731,000 after acquiring an additional 884 shares during the last quarter. Institutional investors own 99.86% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on SGI shares. Stephens reaffirmed an “equal weight” rating and issued a $89.00 price objective on shares of Somnigroup International in a research report on Tuesday, April 14th. Bank of America decreased their target price on Somnigroup International from $106.00 to $96.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Jefferies Financial Group raised shares of Somnigroup International from a “hold” rating to a “buy” rating and lowered their target price for the company from $90.00 to $88.00 in a research note on Thursday, March 26th. UBS Group lowered their target price on shares of Somnigroup International from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Finally, Weiss Ratings cut shares of Somnigroup International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $98.67.

Somnigroup International Stock Down 0.3%

Shares of NYSE SGI opened at $78.33 on Friday. Somnigroup International Inc. has a 52-week low of $60.39 and a 52-week high of $98.56. The firm has a market capitalization of $16.48 billion, a price-to-earnings ratio of 31.97, a PEG ratio of 1.46 and a beta of 1.21. The stock has a 50 day moving average price of $72.31 and a 200 day moving average price of $81.56. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.38 and a current ratio of 0.78.

Somnigroup International (NYSE:SGI) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.57 by $0.02. The company had revenue of $1.80 billion for the quarter. Somnigroup International had a return on equity of 19.62% and a net margin of 6.80%.The company’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.49 earnings per share. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS. Sell-side analysts expect that Somnigroup International Inc. will post 3.15 earnings per share for the current year.

Somnigroup International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were paid a dividend of $0.17 per share. The ex-dividend date was Thursday, May 21st. This represents a $0.68 annualized dividend and a dividend yield of 0.9%. Somnigroup International’s dividend payout ratio (DPR) is currently 27.76%.

About Somnigroup International

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.