Somnigroup International Inc. $SGI Shares Sold by Sculptor Capital LP

Sculptor Capital LP lowered its position in shares of Somnigroup International Inc. (NYSE:SGI) by 34.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 900,000 shares of the company’s stock after selling 482,000 shares during the quarter. Somnigroup International comprises 0.8% of Sculptor Capital LP’s portfolio, making the stock its 27th largest position. Sculptor Capital LP owned approximately 0.43% of Somnigroup International worth $80,352,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SGI. Core Wealth Advisors LLC acquired a new stake in Somnigroup International during the fourth quarter valued at approximately $30,000. Allworth Financial LP acquired a new stake in Somnigroup International during the third quarter valued at approximately $32,000. Elyxium Wealth LLC acquired a new stake in Somnigroup International during the fourth quarter valued at approximately $35,000. First Horizon Corp raised its stake 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 buying an additional 224 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in Somnigroup International during the fourth quarter valued at approximately $42,000. Institutional investors and hedge funds own 99.86% of the company’s stock.

Somnigroup International Trading Up 2.8%

Shares of Somnigroup International stock opened at $74.27 on Tuesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.78 and a quick ratio of 0.38. The business’s 50 day moving average is $72.60. The firm has a market cap of $15.62 billion, a PE ratio of 30.32, a price-to-earnings-growth ratio of 1.34 and a beta of 1.21. Somnigroup International Inc. has a twelve month low of $60.39 and a twelve month high of $98.56.

Somnigroup International (NYSE:SGI) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. Somnigroup International had a return on equity of 19.62% and a net margin of 6.80%.The business had revenue of $1.80 billion for the quarter. During the same quarter in the previous year, the company posted $0.49 earnings per share. The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS. Sell-side analysts predict that Somnigroup International Inc. will post 3.15 earnings per share for the current year.

Somnigroup International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, May 21st. Somnigroup International’s dividend payout ratio (DPR) is currently 27.76%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Truist Financial increased their price target on Somnigroup International from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Stephens reiterated an “equal weight” rating and set a $89.00 price target on shares of Somnigroup International in a research report on Tuesday, April 14th. Jefferies Financial Group upgraded Somnigroup International from a “hold” rating to a “buy” rating and dropped their price target for the stock from $90.00 to $88.00 in a research report on Thursday, March 26th. UBS Group dropped their price target on Somnigroup International from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Finally, Weiss Ratings cut Somnigroup International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Somnigroup International has an average rating of “Moderate Buy” and a consensus target price of $98.60.

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.