Somnigroup International (NYSE:SGI) Releases Quarterly Earnings Results, Meets Estimates

Somnigroup International (NYSE:SGI) released its earnings results on Tuesday. The company reported $0.72 EPS for the quarter, hitting analysts’ consensus estimates of $0.72, Briefing.com reports. The firm had revenue of $1.87 billion during the quarter. Somnigroup International had a return on equity of 19.36% and a net margin of 5.14%.The company’s revenue for the quarter was up 54.7% compared to the same quarter last year. During the same period last year, the firm earned $0.60 EPS. Somnigroup International updated its FY 2026 guidance to 3.000-3.400 EPS.

Somnigroup International Price Performance

Shares of Somnigroup International stock opened at $90.08 on Thursday. Somnigroup International has a 1-year low of $53.10 and a 1-year high of $98.56. The company has a current ratio of 0.83, a quick ratio of 0.38 and a debt-to-equity ratio of 1.47. The business’s 50 day moving average is $92.10. The firm has a market cap of $18.91 billion, a PE ratio of 50.32, a P/E/G ratio of 1.52 and a beta of 1.31.

Somnigroup International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, March 5th. Somnigroup International’s dividend payout ratio (DPR) is 33.52%.

Insider Activity at Somnigroup International

In other Somnigroup International news, Director Simon Dyer bought 32,000 shares of the business’s stock in a transaction on Tuesday, December 2nd. The stock was bought at an average price of $93.40 per share, with a total value of $2,988,800.00. Following the completion of the purchase, the director directly owned 36,800 shares in the company, valued at $3,437,120. The trade was a 666.67% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 4.96% of the company’s stock.

Institutional Investors Weigh In On Somnigroup International

A number of hedge funds have recently bought and sold shares of SGI. Jain Global LLC acquired a new stake in shares of Somnigroup International in the 4th quarter worth approximately $275,000. Advyzon Investment Management LLC lifted its holdings in shares of Somnigroup International by 41.8% in the fourth quarter. Advyzon Investment Management LLC now owns 3,568 shares of the company’s stock valued at $319,000 after purchasing an additional 1,051 shares in the last quarter. Ausdal Financial Partners Inc. grew its position in shares of Somnigroup International by 43.2% in the fourth quarter. Ausdal Financial Partners Inc. now owns 3,610 shares of the company’s stock valued at $322,000 after purchasing an additional 1,089 shares during the last quarter. Brown Brothers Harriman & Co. increased its stake in shares of Somnigroup International by 106.9% during the 4th quarter. Brown Brothers Harriman & Co. now owns 4,527 shares of the company’s stock worth $404,000 after purchasing an additional 2,339 shares in the last quarter. Finally, Principal Securities Inc. raised its position in shares of Somnigroup International by 5.3% during the 4th quarter. Principal Securities Inc. now owns 3,573 shares of the company’s stock worth $319,000 after purchasing an additional 180 shares during the last quarter. Institutional investors and hedge funds own 99.86% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on SGI shares. UBS Group lowered their price target on Somnigroup International from $122.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of Somnigroup International in a research note on Monday, December 29th. Zacks Research cut shares of Somnigroup International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Wall Street Zen upgraded shares of Somnigroup International from a “hold” rating to a “buy” rating in a research report on Friday, November 28th. Finally, Stephens began coverage on shares of Somnigroup International in a research report on Tuesday, February 10th. They set an “equal weight” rating and a $89.00 price target for the company. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Somnigroup International has an average rating of “Hold” and a consensus target price of $102.00.

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.