Somnigroup International (NYSE:SGI) Price Target Raised to $102.00 at UBS Group

Key Points

• UBS raised Somnigroup International’s price target to $102 from $94 and maintained a “buy” rating, implying 46.08% upside from the stock’s reported $69.83 price. Analysts’ consensus rating is “Moderate Buy,” with an average target of $95.50.
• SGI shares rose 3.0% to $69.83, while the company’s latest quarterly results met expectations at $0.58 earnings per share on $1.82 billion in revenue. Revenue declined 3% year over year, and management provided fiscal 2026 EPS guidance of $2.85–$3.15.
• CEO Scott L. Thompson bought 30,000 shares for approximately $1.89 million, increasing his ownership by 0.73%. Institutional investors own nearly all of the company’s stock, with a reported 99.86% ownership stake.

Somnigroup International (NYSE:SGI - Get Free Report) had its target price raised by UBS Group from $94.00 to $102.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage currently has a "buy" rating on the stock. UBS Group's price target suggests a potential upside of 46.08% from the company's current price.

Other equities research analysts have also recently issued research reports about the company. Piper Sandler reissued an "overweight" rating and set a $95.00 target price (down from $102.00) on shares of Somnigroup International in a research note on Friday, August 7th. Zelman & Associates began coverage on Somnigroup International in a report on Tuesday, June 23rd. They set an "outperform" rating and a $99.00 price target for the company. Morgan Stanley initiated coverage on Somnigroup International in a research report on Monday, July 27th. They set an "overweight" rating and a $95.00 price objective for the company. Zacks Research lowered shares of Somnigroup International from a "hold" rating to a "strong sell" rating in a report on Monday, August 10th. Finally, Wall Street Zen cut shares of Somnigroup International from a "hold" rating to a "sell" rating in a research report on Saturday, August 15th. Seven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $95.50.

Somnigroup International Trading Up 3.0%

NYSE:SGI traded up $2.00 on Thursday, hitting $69.83. The stock had a trading volume of 1,037,052 shares, compared to its average volume of 2,729,385. The company has a quick ratio of 0.37, a current ratio of 0.75 and a debt-to-equity ratio of 1.33. The stock has a market cap of $14.69 billion, a price-to-earnings ratio of 27.93, a PEG ratio of 1.43 and a beta of 1.19. The company has a fifty day moving average price of $69.72 and a two-hundred day moving average price of $73.83. Somnigroup International has a 1-year low of $60.39 and a 1-year high of $98.56.

Somnigroup International (NYSE:SGI - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.58 earnings per share for the quarter, meeting 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 quarterly revenue was down 3.0% on a year-over-year basis. During the same period last year, the company earned $0.53 EPS. Somnigroup International has set its FY 2026 guidance at 2.850-3.150 EPS. Equities research analysts expect that Somnigroup International will post 3.02 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Scott L. Thompson bought 30,000 shares of the firm's stock in a transaction that occurred on Thursday, August 27th. The shares were purchased at an average price 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 in the company, valued at approximately $259,129,160.56. The trade was a 0.73% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 3.99% of the company's stock.

Institutional Trading of Somnigroup International

Hedge funds have recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of Somnigroup International in the second quarter valued at approximately $1,507,604,000. California State Teachers Retirement System lifted its holdings in Somnigroup International by 7,702.3% during 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 buying an additional 17,856,689 shares in the last quarter. Linonia Partnership LP purchased a new position in Somnigroup International in the 2nd quarter valued at approximately $519,372,000. Geode Capital Management LLC boosted its position in Somnigroup International by 9.3% in the 4th quarter. Geode Capital Management LLC now owns 4,375,264 shares of the company's stock valued at $390,699,000 after buying an additional 371,234 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in shares of Somnigroup International by 7.3% in the fourth quarter. JPMorgan Chase & Co. now owns 3,429,208 shares of the company's stock worth $306,160,000 after acquiring an additional 232,953 shares in the last quarter. Institutional investors and hedge funds own 99.86% of the company's stock.

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.

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