M&T Bank Corp Has $2.51 Million Stock Position in Somnigroup International Inc. $SGI

Key Points

• M&T Bank increased its stake in Somnigroup International by 169.8% in Q4 and now owns 28,600 shares worth about $2.51 million, while institutional investors hold roughly 99.86% of the stock.
• Somnigroup reported Q4 EPS of $0.72 (in line with estimates) and revenue of $1.87 billion, a 54.7% year‑over‑year increase, and provided FY2026 guidance of 3.00–3.40 EPS (analysts average 3.29).
• The street consensus is a “Moderate Buy” with four Buy and three Hold ratings and an average price target of $100.60.

M&T Bank Corp lifted its stake in shares of Somnigroup International Inc. (NYSE:SGI - Free Report) by 169.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 28,600 shares of the company's stock after purchasing an additional 17,998 shares during the quarter. M&T Bank Corp's holdings in Somnigroup International were worth $2,507,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Allworth Financial LP acquired a new stake in shares of Somnigroup International during the 3rd quarter worth $32,000. First Horizon Corp grew its holdings in shares of Somnigroup International by 93.3% during the 4th quarter. First Horizon Corp now owns 464 shares of the company's stock worth $41,000 after purchasing an additional 224 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Somnigroup International during the 4th quarter worth $42,000. Assetmark Inc. grew its holdings in shares of Somnigroup International by 56.6% during the 4th quarter. Assetmark Inc. now owns 512 shares of the company's stock worth $46,000 after purchasing an additional 185 shares in the last quarter. Finally, CWM LLC grew its holdings in shares of Somnigroup International by 15.5% during the 4th quarter. CWM LLC now owns 1,858 shares of the company's stock worth $166,000 after purchasing an additional 249 shares in the last quarter. 99.86% of the stock is owned by institutional investors and hedge funds.

Somnigroup International Stock Up 0.7%

NYSE:SGI opened at $79.63 on Tuesday. The company has a 50-day simple moving average of $79.93. The firm has a market capitalization of $16.75 billion, a price-to-earnings ratio of 44.49, a PEG ratio of 1.22 and a beta of 1.33. 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 twelve month low of $56.15 and a twelve month high of $98.56.

Somnigroup International (NYSE:SGI - Get Free Report) last released its quarterly earnings data on Tuesday, February 17th. The company reported $0.72 earnings per share for the quarter, meeting the consensus estimate of $0.72. The business had revenue of $1.87 billion for the quarter. Somnigroup International had a return on equity of 19.36% and a net margin of 5.14%.The business's quarterly revenue was up 54.7% compared to the same quarter last year. During the same period last year, the business earned $0.60 earnings per share. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS. On average, analysts anticipate that Somnigroup International Inc. will post 3.29 EPS for the current fiscal year.

Somnigroup International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, March 5th were paid a $0.17 dividend. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $0.68 annualized dividend and a yield of 0.9%. Somnigroup International's dividend payout ratio (DPR) is 37.99%.

Wall Street Analyst Weigh In

SGI has been the topic of several analyst reports. Weiss Ratings reissued a "hold (c)" rating on shares of Somnigroup International in a report on Monday, December 29th. UBS Group reduced their target price on Somnigroup International from $122.00 to $115.00 and set a "buy" rating on the stock in a report on Wednesday, February 18th. Jefferies Financial Group raised Somnigroup International from a "hold" rating to a "buy" rating and reduced their price objective for the company from $90.00 to $88.00 in a research note on Thursday, March 26th. Stephens reaffirmed an "equal weight" rating and issued a $89.00 price objective on shares of Somnigroup International in a research note on Tuesday, April 14th. Finally, Truist Financial raised their price objective on Somnigroup International from $105.00 to $115.00 and gave the company a "buy" rating in a research note on Thursday, March 5th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $100.60.

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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