15,786 Shares in Somnigroup International Inc. $SGI Acquired by Oak Thistle LLC

Key Points

• Oak Thistle LLC bought a new position of 15,786 shares (~$1.41M) in Somnigroup International in Q4, while other institutions (notably JPMorgan with a ~$269.54M stake) leave institutional ownership at about 99.86%.
• Analysts show a mixed but favorable view with a consensus rating of "Moderate Buy", an average target price of $101.75, versus the recent open price of $77.53.
• Somnigroup reported Q earnings of $0.72 EPS (in line with estimates) and revenue of $1.87B (up 54.7% YoY), set FY2026 guidance of 3.00–3.40 EPS, and pays a quarterly dividend of $0.17 (0.9% yield).

Oak Thistle LLC purchased a new position in Somnigroup International Inc. (NYSE:SGI - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 15,786 shares of the company's stock, valued at approximately $1,409,000.

Other institutional investors also recently added to or reduced their stakes in the company. Swiss Life Asset Management Ltd lifted its position in shares of Somnigroup International by 85.1% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 9,065 shares of the company's stock worth $764,000 after buying an additional 4,168 shares during the last quarter. Allworth Financial LP purchased a new stake in shares of Somnigroup International during the 3rd quarter worth approximately $32,000. Hudson Bay Capital Management LP purchased a new stake in shares of Somnigroup International during the 3rd quarter worth approximately $5,585,000. New Mexico Educational Retirement Board purchased a new stake in shares of Somnigroup International during the 3rd quarter worth approximately $3,578,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Somnigroup International during the 3rd quarter worth approximately $269,540,000. Hedge funds and other institutional investors own 99.86% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Jefferies Financial Group upgraded shares of Somnigroup International from a "hold" rating to a "buy" rating and reduced their price objective for the stock from $90.00 to $88.00 in a research report on Thursday, March 26th. Weiss Ratings restated a "hold (c)" rating on shares of Somnigroup International in a research report on Monday, December 29th. UBS Group reduced their price objective on shares of Somnigroup International from $122.00 to $115.00 and set a "buy" rating for the company in a research report on Wednesday, February 18th. Truist Financial boosted their price objective on shares of Somnigroup International from $105.00 to $115.00 and gave the stock a "buy" rating in a research report on Thursday, March 5th. Finally, Stephens assumed coverage on shares of Somnigroup International in a research report on Tuesday, February 10th. They set an "equal weight" rating and a $89.00 price objective for the company. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $101.75.

Somnigroup International Price Performance

Shares of Somnigroup International stock opened at $77.53 on Thursday. The firm has a fifty day simple moving average of $83.46. The firm has a market cap of $16.31 billion, a PE ratio of 43.32, a price-to-earnings-growth ratio of 0.94 and a beta of 1.33. Somnigroup International Inc. has a 12 month low of $53.40 and a 12 month high of $98.56. The company has a quick ratio of 0.42, a current ratio of 0.83 and a debt-to-equity ratio of 1.47.

Somnigroup International (NYSE:SGI - Get Free Report) last announced its earnings results on Tuesday, February 17th. The company reported $0.72 EPS for the quarter, meeting analysts' consensus estimates of $0.72. The business had revenue of $1.87 billion for 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. Stockholders of record on Thursday, March 5th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Thursday, March 5th. Somnigroup International's payout ratio is presently 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.

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