Beaconlight Capital LLC Boosts Position in Somnigroup International Inc. $SGI

Key Points

• Beaconlight Capital more than doubled its Somnigroup stake in the second quarter, adding 69,111 shares to hold 128,310 shares valued at approximately $10.1 million. Institutional investors collectively own 99.86% of SGI.
• Somnigroup reported quarterly EPS of $0.58, in line with estimates, while revenue fell 3% year over year to $1.82 billion. The company issued fiscal 2026 EPS guidance of $2.85–$3.15 and announced a quarterly dividend of $0.17 per share.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of $94.50, despite some downgrades and reduced targets. CEO Scott L. Thompson also purchased 30,000 shares at an average price of $62.84.

Beaconlight Capital LLC boosted its stake in Somnigroup International Inc. (NYSE:SGI - Free Report) by 116.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,310 shares of the company's stock after purchasing an additional 69,111 shares during the quarter. Somnigroup International comprises approximately 3.6% of Beaconlight Capital LLC's portfolio, making the stock its 7th biggest holding. Beaconlight Capital LLC owned approximately 0.06% of Somnigroup International worth $10,060,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Core Wealth Advisors LLC bought a new position in shares of Somnigroup International in the 4th quarter worth $30,000. Allworth Financial LP bought a new stake in shares of Somnigroup International during the 2nd quarter worth $31,000. Elyxium Wealth LLC bought a new stake in shares of Somnigroup International during the 4th quarter worth $35,000. Danske Bank A S purchased a new position in Somnigroup International in the second quarter worth $39,000. Finally, Hilton Head Capital Partners LLC purchased a new position in Somnigroup International in the fourth quarter worth $42,000. 99.86% of the stock is owned by hedge funds and other institutional investors.

Somnigroup International Price Performance

Shares of NYSE:SGI opened at $64.40 on Monday. The stock has a market cap of $13.55 billion, a PE ratio of 25.76, a PEG ratio of 1.45 and a beta of 1.20. The company's fifty day moving average is $70.28 and its 200 day moving average is $74.48. Somnigroup International Inc. has a 52 week low of $60.39 and a 52 week high of $98.56. The company has a quick ratio of 0.37, a current ratio of 0.75 and a debt-to-equity ratio of 1.33.

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 (EPS) for the quarter, meeting the consensus estimate of $0.58. Somnigroup International had a net margin of 7.00% and a return on equity of 19.32%. The business had revenue of $1.82 billion during the quarter. During the same quarter in the previous year, the company earned $0.53 earnings per share. The business's quarterly revenue was down 3.0% on a year-over-year basis. Somnigroup International has set its FY 2026 guidance at 2.850-3.150 EPS. Research analysts anticipate that Somnigroup International Inc. will post 3.02 earnings per share for the current year.

Somnigroup International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, August 20th. Somnigroup International's payout ratio is 27.20%.

Insiders Place Their Bets

In related news, CEO Scott L. Thompson bought 30,000 shares of the company's stock in a transaction that occurred on Thursday, August 27th. The stock was bought at an average cost of $62.84 per share, for a total transaction of $1,885,200.00. Following the acquisition, the chief executive officer directly owned 4,123,634 shares of the company's stock, valued at $259,129,160.56. The trade was a 0.73% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.99% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Weiss Ratings restated a "hold (c+)" rating on shares of Somnigroup International in a research report on Friday, August 21st. Zacks Research lowered Somnigroup International from a "hold" rating to a "strong sell" rating in a research report on Monday, August 10th. Truist Financial reduced their price objective on Somnigroup International from $115.00 to $100.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. Zelman & Associates started coverage on Somnigroup International in a report on Tuesday, June 23rd. They set an "outperform" rating and a $99.00 price objective on the stock. Finally, Piper Sandler restated an "overweight" rating and issued a $95.00 target price (down from $102.00) on shares of Somnigroup International in a research report on Friday, August 7th. Seven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $94.50.

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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