Somnigroup International Inc. $SGI Shares Sold by Strs Ohio

Key Points

• Strs Ohio reduced its stake in Somnigroup by 28.9% in Q4, selling 37,391 shares and retaining 91,943 shares worth about $8.21 million, while institutional investors still own roughly 99.86% of the company.
• Analysts maintain a Moderate Buy consensus (four Buy, three Hold) with an average price target of $99.60, though recent broker targets range from $89 to $115 after several upgrades and cuts.
• Somnigroup reported Q4 EPS of $0.72 (in line) and revenue up 54.7% y/y, issued FY2026 guidance of $3.00–$3.40 EPS (street ~3.25), and currently trades at a ~40.9x PE with a 0.9% dividend yield.

Strs Ohio decreased its holdings in shares of Somnigroup International Inc. (NYSE:SGI - Free Report) by 28.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,943 shares of the company's stock after selling 37,391 shares during the period. Strs Ohio's holdings in Somnigroup International were worth $8,209,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in SGI. Allworth Financial LP acquired a new stake in shares of Somnigroup International during the third quarter worth approximately $32,000. First Horizon Corp raised its position in Somnigroup International by 93.3% during the fourth quarter. First Horizon Corp now owns 464 shares of the company's stock valued at $41,000 after acquiring an additional 224 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Somnigroup International in the fourth quarter valued at approximately $42,000. Assetmark Inc. raised its position in shares of Somnigroup International by 56.6% in the fourth quarter. Assetmark Inc. now owns 512 shares of the company's stock valued at $46,000 after purchasing an additional 185 shares during the period. Finally, CWM LLC raised its position in shares of Somnigroup International by 15.5% in the fourth quarter. CWM LLC now owns 1,858 shares of the company's stock valued at $166,000 after purchasing an additional 249 shares during the period. Institutional investors own 99.86% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SGI. Bank of America lowered their price objective 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. Truist Financial boosted their target price 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. Zacks Research cut Somnigroup International from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 6th. Stephens reaffirmed an "equal weight" rating and issued a $89.00 price target on shares of Somnigroup International in a report on Tuesday, April 14th. Finally, UBS Group dropped their price objective on Somnigroup International from $115.00 to $110.00 and set a "buy" rating for the company in a report on Thursday, April 30th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $99.60.

Somnigroup International Stock Performance

NYSE SGI opened at $73.18 on Tuesday. The company has a market cap of $15.39 billion, a PE ratio of 40.88, a price-to-earnings-growth ratio of 1.18 and a beta of 1.25. Somnigroup International Inc. has a 52-week low of $56.15 and a 52-week high of $98.56. The business's 50 day simple moving average is $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 (NYSE:SGI - Get Free Report) last issued its quarterly earnings results on Tuesday, February 17th. The company reported $0.72 earnings per share for the quarter, hitting the consensus estimate of $0.72. The company had revenue of $1.87 billion during the quarter. Somnigroup International had a net margin of 5.14% and a return on equity of 19.36%. Somnigroup International's revenue was up 54.7% compared to the same quarter last year. During the same period in the prior 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 predict that Somnigroup International Inc. will post 3.25 EPS for the current year.

Somnigroup International Announces Dividend

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

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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