UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Stock Position in Somnigroup International Inc. $SGI

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its position in Somnigroup International Inc. (NYSE:SGI) by 6.0% during the second quarter, Holdings Channel reports. The firm owned 431,046 shares of the company’s stock after selling 27,659 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Somnigroup International were worth $33,794,000 as of its most recent filing with the SEC.

Other institutional investors have also recently modified their holdings of the company. Core Wealth Advisors LLC acquired a new position in Somnigroup International in the 4th quarter worth approximately $30,000. Allworth Financial LP purchased a new stake in shares of Somnigroup International in the 2nd quarter valued at $31,000. Elyxium Wealth LLC purchased a new stake in shares of Somnigroup International in the 4th quarter valued at $35,000. Danske Bank A S acquired a new stake in shares of Somnigroup International in the second quarter worth $39,000. Finally, Hilton Head Capital Partners LLC acquired a new stake in shares of Somnigroup International in the fourth quarter worth $42,000. 99.86% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Somnigroup International

In other news, CEO Scott Thompson bought 30,000 shares of the firm’s stock in a transaction dated Thursday, August 27th. The shares were acquired at an average price of $62.84 per share, for a total transaction of $1,885,200.00. Following the completion of the transaction, the chief executive officer directly owned 4,123,634 shares in the company, valued at $259,129,160.56. The trade was a 0.73% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.99% of the stock is owned by insiders.

Somnigroup International Trading Up 2.6%

Shares of NYSE:SGI opened at $69.56 on Friday. The business’s 50 day moving average price is $69.55 and its 200-day moving average price is $73.65. Somnigroup International Inc. has a 1 year low of $60.39 and a 1 year high of $98.56. The firm has a market capitalization of $14.63 billion, a price-to-earnings ratio of 27.82, a price-to-earnings-growth ratio of 1.52 and a beta of 1.19. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.75 and a quick ratio of 0.37.

Somnigroup International (NYSE:SGI) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.58 EPS for the quarter, hitting the consensus estimate of $0.58. The company 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%. Somnigroup International’s revenue was down 3.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.53 EPS. Somnigroup International has set its FY 2026 guidance at 2.850-3.150 EPS. On average, equities research analysts forecast that Somnigroup International Inc. will post 3.02 earnings per share for the current fiscal year.

Somnigroup International Announces Dividend

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

Key Stories Impacting Somnigroup International

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

• Positive Sentiment: Piper Sandler reaffirmed its “overweight” rating and raised its price target to $100 from $95, implying substantial upside from the recent share price. The action supports the view that Somnigroup’s valuation and earnings outlook are attractive after its prior pullback. Source: Benzinga.
• Positive Sentiment: UBS raised its price target to $102 from $94 and assigned a “buy” rating, signaling increased confidence in SGI’s potential for recovery and future earnings growth. UBS raises Somnigroup price target
• Positive Sentiment: Raymond James identified Somnigroup as one of its preferred beaten-down stocks for the remainder of 2026. The endorsement could attract investors seeking undervalued consumer-related companies. Raymond James likes Somnigroup for 2026
• Positive Sentiment: SGI recently rose alongside a sector-wide rally, indicating that broader investor appetite for consumer-cyclical stocks also contributed to the stock’s strength. Somnigroup rises amid sector-wide rally
• Neutral Sentiment: Management’s discussion of the Leggett & Platt acquisition and greater vertical integration highlights a potential long-term efficiency and growth opportunity, but investors will continue to assess integration execution, financing, and leverage risks. Somnigroup discusses Leggett and Platt acquisition

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Wall Street Zen lowered shares of Somnigroup International from a “hold” rating to a “sell” rating in a report on Saturday, August 15th. Morgan Stanley began coverage on Somnigroup International in a report on Monday, July 27th. They set an “overweight” rating and a $95.00 target price on the stock. Zacks Research cut Somnigroup International from a “hold” rating to a “strong sell” rating in a research report on Monday, August 10th. Weiss Ratings reissued a “hold (c+)” rating on shares of Somnigroup International in a report on Friday, August 21st. Finally, Piper Sandler restated an “overweight” rating and issued a $100.00 price objective (up from $95.00) on shares of Somnigroup International in a research report on Thursday. Seven analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Somnigroup International currently has a consensus rating of “Moderate Buy” and a consensus target price of $96.12.

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.