Somnigroup International Inc. $SGI Shares Sold by Sculptor Capital LP

Sculptor Capital LP reduced its holdings in Somnigroup International Inc. (NYSE:SGI) by 34.9% during the 4th quarter, Holdings Channel reports. The fund owned 900,000 shares of the company’s stock after selling 482,000 shares during the quarter. Somnigroup International comprises 0.8% of Sculptor Capital LP’s portfolio, making the stock its 27th largest holding. Sculptor Capital LP’s holdings in Somnigroup International were worth $80,352,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in SGI. JPMorgan Chase & Co. acquired a new stake in Somnigroup International in the 3rd quarter valued at approximately $269,540,000. Norges Bank acquired a new stake in Somnigroup International in the 4th quarter valued at approximately $270,814,000. Squarepoint Ops LLC increased its position in Somnigroup International by 125.4% in the 4th quarter. Squarepoint Ops LLC now owns 1,232,152 shares of the company’s stock valued at $110,007,000 after acquiring an additional 685,420 shares during the period. Clearbridge Investments LLC acquired a new stake in Somnigroup International in the 4th quarter valued at approximately $42,611,000. Finally, Marshall Wace LLP boosted its stake in Somnigroup International by 163.3% during the 4th quarter. Marshall Wace LLP now owns 751,759 shares of the company’s stock valued at $67,117,000 after purchasing an additional 466,260 shares in the last quarter. 99.86% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on SGI shares. UBS Group decreased their price target on Somnigroup International from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Stephens reaffirmed an “equal weight” rating and set a $89.00 price target on shares of Somnigroup International in a research note on Tuesday, April 14th. Weiss Ratings lowered Somnigroup International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, May 26th. Truist Financial increased their price target on Somnigroup International from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Finally, Jefferies Financial Group raised Somnigroup International from a “hold” rating to a “buy” rating and decreased their price target for the company from $90.00 to $88.00 in a research note on Thursday, March 26th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.60.

Somnigroup International Stock Performance

Shares of NYSE SGI opened at $74.27 on Tuesday. The firm’s fifty day moving average price is $72.60. The company has a current ratio of 0.78, a quick ratio of 0.38 and a debt-to-equity ratio of 1.41. The company has a market cap of $15.62 billion, a price-to-earnings ratio of 30.32, a P/E/G ratio of 1.34 and a beta of 1.21. Somnigroup International Inc. has a 1 year low of $60.39 and a 1 year high of $98.56.

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

Somnigroup International Announces Dividend

The business also recently disclosed 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 of this dividend 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%.

Somnigroup International Company 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.