Somnigroup International Inc. $SGI is Highlander Partners L.P.'s 4th Largest Position

Key Points

• Highlander Partners significantly increased its Somnigroup International stake by 2,253.6% in the second quarter, making SGI its fourth-largest position at 8.7% of the portfolio. Institutional investors collectively own 99.86% of the company.
• Analyst sentiment remains generally positive, with seven Buy ratings, two Holds, and one Sell; MarketBeat reports a “Moderate Buy” consensus and an average price target of $96.12.
• Somnigroup reported quarterly EPS of $0.58 on $1.82 billion in revenue, while revenue declined 3% year over year. The company also maintains 2026 EPS guidance of $2.85–$3.15 and pays a quarterly dividend of $0.17 per share.

Highlander Partners L.P. increased its position in shares of Somnigroup International Inc. (NYSE:SGI - Free Report) by 2,253.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 329,500 shares of the company's stock after buying an additional 315,500 shares during the quarter. Somnigroup International comprises approximately 8.7% of Highlander Partners L.P.'s portfolio, making the stock its 4th largest position. Highlander Partners L.P. owned about 0.16% of Somnigroup International worth $25,833,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Concurrent Investment Advisors LLC lifted its holdings in Somnigroup International by 23.3% in the second quarter. Concurrent Investment Advisors LLC now owns 11,965 shares of the company's stock valued at $938,000 after acquiring an additional 2,260 shares during the last quarter. Nykredit A S acquired a new stake in Somnigroup International during the second quarter worth $598,000. Beaconlight Capital LLC raised its position in Somnigroup International by 116.7% in the second quarter. Beaconlight Capital LLC now owns 128,310 shares of the company's stock valued at $10,060,000 after purchasing an additional 69,111 shares during the period. Two Sigma Securities LLC purchased a new stake in Somnigroup International in the second quarter valued at $1,379,000. Finally, Thornburg Investment Management Inc. acquired a new position in shares of Somnigroup International in the 2nd quarter valued at $6,425,000. Hedge funds and other institutional investors own 99.86% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Wall Street Zen upgraded Somnigroup International from a "sell" rating to a "hold" rating in a report on Saturday. Zelman & Associates initiated coverage on shares of Somnigroup International in a report on Tuesday, June 23rd. They issued an "outperform" rating and a $99.00 price objective on the stock. Truist Financial decreased their target price on shares of Somnigroup International from $115.00 to $100.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Somnigroup International in a research note on Friday, August 21st. Finally, Zacks Research cut shares of Somnigroup International from a "hold" rating to a "strong sell" rating in a research report on Monday, August 10th. Seven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $96.12.

Insider Transactions at Somnigroup International

In other Somnigroup International news, CEO Scott Thompson purchased 30,000 shares of the company's stock in a transaction on Thursday, August 27th. The stock was acquired at an average price of $62.84 per share, for a total transaction of $1,885,200.00. Following the completion of the purchase, the chief executive officer directly owned 4,123,634 shares in the company, valued at approximately $259,129,160.56. The trade was a 0.73% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.99% of the stock is currently owned by company insiders.

Somnigroup International Stock Down 0.2%

Shares of NYSE:SGI opened at $69.76 on Monday. The firm has a market capitalization of $14.68 billion, a PE ratio of 27.90, a price-to-earnings-growth ratio of 1.17 and a beta of 1.19. Somnigroup International Inc. has a 1 year low of $60.39 and a 1 year high of $98.56. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.75 and a quick ratio of 0.37. The firm's 50-day moving average is $69.37 and its two-hundred day moving average is $73.46.

Somnigroup International (NYSE:SGI - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.58 EPS for the quarter, meeting the consensus estimate of $0.58. The business had revenue of $1.82 billion during the quarter. Somnigroup International had a net margin of 7.00% and a return on equity of 19.32%. The company's revenue for the quarter was down 3.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.53 EPS. Somnigroup International has set its FY 2026 guidance at 2.850-3.150 EPS. Analysts predict that Somnigroup International Inc. will post 3.04 EPS for the current year.

Somnigroup International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were issued a dividend of $0.17 per share. The ex-dividend date was Thursday, August 20th. This represents a $0.68 dividend on an annualized basis and a yield of 1.0%. Somnigroup International's dividend payout ratio is 27.20%.

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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