Artemis Investment Management LLP Lowers Stock Holdings in Somnigroup International Inc. $SGI

Key Points

• Artemis Investment Management cut its Q4 stake in Somnigroup by 13.7% to 421,662 shares (about $37.65M), while other institutions — notably JPMorgan's new ~$269.5M position — leave 99.86% of SGI held by hedge funds and institutions.
• Equity analysts carry a consensus "Moderate Buy" rating (four Buys, three Holds) with a consensus target of $99.60 as several firms adjusted price targets in an $88–$115 range.
• Somnigroup reported Q results of $0.72 EPS on $1.87B revenue (+54.7% y/y) and set FY2026 guidance of 3.00–3.40 EPS (Street ~3.25); the stock has a $15.92B market cap, a 42.27 P/E and a 0.9% dividend yield.

Artemis Investment Management LLP cut its stake in shares of Somnigroup International Inc. (NYSE:SGI - Free Report) by 13.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 421,662 shares of the company's stock after selling 66,761 shares during the period. Artemis Investment Management LLP owned 0.20% of Somnigroup International worth $37,646,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in SGI. Swiss Life Asset Management Ltd grew its stake 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 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 during the 3rd quarter valued at $32,000. Hudson Bay Capital Management LP purchased a new stake in shares of Somnigroup International during the 3rd quarter valued at $5,585,000. New Mexico Educational Retirement Board purchased a new stake in shares of Somnigroup International during the 3rd quarter valued at $3,578,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Somnigroup International during the 3rd quarter valued at $269,540,000. 99.86% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on SGI shares. Bank of America lowered their price objective on shares of Somnigroup International from $106.00 to $96.00 and set a "buy" rating for the company in a research note on Tuesday, April 14th. Jefferies Financial Group raised shares of Somnigroup International from a "hold" rating to a "buy" rating and lowered their price objective for the company from $90.00 to $88.00 in a research note on Thursday, March 26th. UBS Group lowered their price objective on shares of Somnigroup International from $115.00 to $110.00 and set a "buy" rating for the company in a research note on Thursday. Truist Financial boosted their price objective on shares of Somnigroup International from $105.00 to $115.00 and gave the company a "buy" rating in a research note on Thursday, March 5th. Finally, Stephens reissued an "equal weight" rating and set a $89.00 price objective on shares of Somnigroup International in a research note on Tuesday, April 14th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $99.60.

Somnigroup International Price Performance

NYSE:SGI opened at $75.66 on Friday. The stock has a market cap of $15.92 billion, a PE ratio of 42.27, a P/E/G ratio of 1.19 and a beta of 1.25. The firm has a 50-day moving average price of $79.15. The company has a current ratio of 0.83, a quick ratio of 0.42 and a debt-to-equity ratio of 1.47. Somnigroup International Inc. has a 1-year low of $56.15 and a 1-year high of $98.56.

Somnigroup International (NYSE:SGI - Get Free Report) last issued its earnings results on Tuesday, February 17th. The company reported $0.72 earnings per share (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 for the quarter was up 54.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.60 EPS. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS. As a group, equities analysts expect that Somnigroup International Inc. will post 3.25 earnings per share for the current year.

Somnigroup International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, March 5th were paid 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 was Thursday, March 5th. Somnigroup International's dividend payout ratio is 37.99%.

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.

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