Somnigroup International (NYSE:SGI) Stock Price Target Cut by Morgan Stanley

Somnigroup International (NYSE:SGI) had its price objective cut by Morgan Stanley from $95.00 to $90.00 in a research note issued on Tuesday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Morgan Stanley‘s price target suggests a potential upside of 41.73% from the stock’s previous close.

A number of other research analysts have also commented on the stock. Truist Financial lowered their price objective on shares of Somnigroup International from $115.00 to $100.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Zacks Research lowered Somnigroup International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 5th. Wall Street Zen raised Somnigroup International from a “sell” rating to a “hold” rating in a research note on Saturday, September 5th. UBS Group lifted their target price on Somnigroup International from $94.00 to $102.00 and gave the stock a “buy” rating in a report on Thursday, September 3rd. Finally, Stephens upgraded shares of Somnigroup International from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $66.00 to $80.00 in a research report on Monday, September 14th. Nine analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $95.00.

Somnigroup International Price Performance

SGI traded down $2.77 on Tuesday, reaching $63.50. The company had a trading volume of 1,913,953 shares, compared to its average volume of 2,815,104. The company has a fifty day moving average of $64.48 and a 200-day moving average of $73.08. The company has a market capitalization of $13.36 billion, a P/E ratio of 25.34, a PEG ratio of 1.14 and a beta of 1.30. The company has a current ratio of 0.75, a quick ratio of 0.37 and a debt-to-equity ratio of 1.33. Somnigroup International has a one year low of $60.08 and a one year high of $98.56.

Somnigroup International (NYSE:SGI) last released its quarterly earnings results on Monday, November 9th. The company reported $1.04 EPS for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.02). The company had revenue of $2.35 billion for the quarter. Somnigroup International had a return on equity of 19.32% and a net margin of 7.00%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.95 EPS. Somnigroup International has set its FY 2026 guidance at 2.850-2.950 EPS. As a group, equities research analysts anticipate that Somnigroup International will post 3.10 earnings per share for the current year.

Insider Activity

In related news, CEO Scott Thompson bought 30,000 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were bought at an average cost of $62.84 per share, with a total value of $1,885,200.00. Following the completion of the transaction, the chief executive officer directly owned 4,123,634 shares of the company’s stock, valued at approximately $259,129,160.56. This trade represents a 0.73% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 3.99% of the stock is owned by insiders.

Hedge Funds Weigh In On Somnigroup International

A number of institutional investors have recently bought and sold shares of SGI. Teachers Retirement System of The State of Kentucky grew its holdings in shares of Somnigroup International by 10.3% during the third quarter. Teachers Retirement System of The State of Kentucky now owns 166,338 shares of the company’s stock valued at $10,331,000 after buying an additional 15,531 shares in the last quarter. HighTower Advisors LLC lifted its stake in Somnigroup International by 31.4% in the 3rd quarter. HighTower Advisors LLC now owns 57,027 shares of the company’s stock worth $3,542,000 after acquiring an additional 13,613 shares in the last quarter. Bessemer Group Inc. lifted its stake in Somnigroup International by 5.9% in the 3rd quarter. Bessemer Group Inc. now owns 23,580 shares of the company’s stock worth $1,465,000 after acquiring an additional 1,308 shares in the last quarter. AlTi Global Inc. boosted its position in Somnigroup International by 32.8% during the 3rd quarter. AlTi Global Inc. now owns 3,589 shares of the company’s stock worth $223,000 after acquiring an additional 887 shares during the period. Finally, William Blair Investment Management LLC acquired a new stake in Somnigroup International during the 3rd quarter worth about $70,037,000. Hedge funds and other institutional investors own 99.86% of the company’s stock.

Key Headlines Impacting Somnigroup International

Here are the key news stories impacting Somnigroup International this week:

• Positive Sentiment: Somnigroup reported record third-quarter net sales of about $2.4 billion, up 11% year over year. Adjusted EPS rose 9.5% to $1.04, and operating cash flow was $349 million. Somnigroup third-quarter results
• Positive Sentiment: The company declared a quarterly dividend of $0.17 per share, payable December 7 to shareholders of record November 23. Dividend announcement
• Neutral Sentiment: KeyCorp lowered its price target to $100 from $105 but maintained an “overweight” rating, signaling continued optimism despite the reduced target.
• Negative Sentiment: Adjusted EPS of $1.04 narrowly missed the $1.06 consensus estimate. More notably, 2026 EPS guidance of $2.85–$2.95 is below the approximately $3.11 analyst consensus, a likely source of investor concern. Q3 earnings and estimates

Somnigroup International Company Profile

Somnigroup International, Inc. is a bedding company that designs, manufactures, distributes and sells mattresses and related sleep products. Its offerings include adjustable bases, pillows and other bedding accessories, marketed under brands such as Tempur-Pedic, Sealy and Stearns & Foster. The company also operates Mattress Firm, a mattress retailer with stores across the United States. Through its brands, retail business and other sales channels, Somnigroup serves customers in the U.S. and international markets.