Horizon Investments LLC Grows Holdings in Somnigroup International Inc. $SGI

Key Points

• Horizon Investments increased its stake in Somnigroup International (SGI) by 2,046,900% in Q4, adding 61,407 shares to hold 61,410 shares worth about $5.48 million.
• Institutional ownership is extremely high at 99.86%, with large third-quarter buys including JPMorgan Chase's new stake of roughly $269.5 million and other sizable purchases from Hudson Bay and New Mexico ERB.
• Somnigroup reported Q4 EPS of $0.72 (in line with estimates) and revenue of $1.87 billion (up 54.7% YoY); management set FY2026 guidance at 3.00–3.40 EPS, and the stock carries a market cap of $15.92 billion and a quarterly dividend of $0.17 (0.9% yield).

Horizon Investments LLC grew its stake in Somnigroup International Inc. (NYSE:SGI - Free Report) by 2,046,900.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 61,410 shares of the company's stock after acquiring an additional 61,407 shares during the period. Horizon Investments LLC's holdings in Somnigroup International were worth $5,483,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in SGI. Swiss Life Asset Management Ltd raised its stake in shares of Somnigroup International by 85.1% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 9,065 shares of the company's stock valued at $764,000 after acquiring an additional 4,168 shares during the period. Allworth Financial LP purchased a new stake in shares of Somnigroup International in the 3rd quarter valued at approximately $32,000. Hudson Bay Capital Management LP purchased a new stake in shares of Somnigroup International in the 3rd quarter valued at approximately $5,585,000. New Mexico Educational Retirement Board purchased a new stake in shares of Somnigroup International in the 3rd quarter valued at approximately $3,578,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Somnigroup International in the 3rd quarter valued at approximately $269,540,000. 99.86% of the stock is owned by hedge funds and other institutional investors.

Somnigroup International Stock Up 0.1%

NYSE SGI opened at $75.66 on Monday. 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 Inc. has a 52 week low of $56.15 and a 52 week high of $98.56. The firm has a market cap of $15.92 billion, a PE ratio of 42.27, a PEG ratio of 1.18 and a beta of 1.25. The business's 50 day moving average price is $79.15.

Somnigroup International (NYSE:SGI - Get Free Report) last posted its quarterly earnings results on Tuesday, February 17th. The company reported $0.72 EPS for the quarter, hitting the consensus estimate of $0.72. Somnigroup International had a net margin of 5.14% and a return on equity of 19.36%. The company had revenue of $1.87 billion during the quarter. During the same quarter last year, the firm earned $0.60 EPS. The company's revenue was up 54.7% on a year-over-year basis. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS. On average, equities research analysts expect that Somnigroup International Inc. will post 3.25 earnings per share for the current fiscal 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 issued a $0.17 dividend. The ex-dividend date was Thursday, March 5th. This represents a $0.68 annualized dividend and a dividend yield of 0.9%. Somnigroup International's dividend payout ratio is presently 37.99%.

Wall Street Analysts Forecast Growth

SGI has been the topic of a number of research analyst reports. Zacks Research downgraded shares of Somnigroup International from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 6th. Jefferies Financial Group raised shares of Somnigroup International from a "hold" rating to a "buy" rating and reduced their price target for the company from $90.00 to $88.00 in a research note on Thursday, March 26th. Stephens reissued an "equal weight" rating and issued a $89.00 price target on shares of Somnigroup International in a research note on Tuesday, April 14th. UBS Group reduced their price target on shares of Somnigroup International from $115.00 to $110.00 and set a "buy" rating on the stock in a research note on Thursday. Finally, Bank of America cut their target price on shares of Somnigroup International from $106.00 to $96.00 and set a "buy" rating on the stock in a research note on Tuesday, April 14th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Somnigroup International currently has an average rating of "Moderate Buy" and an average price target of $99.60.

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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