New Age Alpha Advisors LLC Purchases 11,237 Shares of Somnigroup International Inc. $SGI

New Age Alpha Advisors LLC lifted its position in Somnigroup International Inc. (NYSE:SGI) by 42.6% during the 4th quarter, Holdings Channel reports. The firm owned 37,597 shares of the company’s stock after acquiring an additional 11,237 shares during the period. New Age Alpha Advisors LLC’s holdings in Somnigroup International were worth $3,357,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. bought a new stake in Somnigroup International in the third quarter valued at $269,540,000. Allspring Global Investments Holdings LLC boosted its holdings in Somnigroup International by 6.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,874,835 shares of the company’s stock valued at $166,373,000 after acquiring an additional 121,244 shares in the last quarter. Tectonic Advisors LLC boosted its holdings in Somnigroup International by 0.4% in the fourth quarter. Tectonic Advisors LLC now owns 123,107 shares of the company’s stock valued at $10,991,000 after acquiring an additional 548 shares in the last quarter. Donaldson Capital Management LLC boosted its holdings in Somnigroup International by 16.8% in the fourth quarter. Donaldson Capital Management LLC now owns 93,392 shares of the company’s stock valued at $8,338,000 after acquiring an additional 13,421 shares in the last quarter. Finally, SG Americas Securities LLC boosted its holdings in Somnigroup International by 134.5% in the fourth quarter. SG Americas Securities LLC now owns 84,144 shares of the company’s stock valued at $7,512,000 after acquiring an additional 48,257 shares in the last quarter. Institutional investors own 99.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on SGI shares. Stephens reiterated an “equal weight” rating and issued a $89.00 price target on shares of Somnigroup International in a report on Tuesday, April 14th. Bank of America cut their price target on shares of Somnigroup International from $106.00 to $96.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Truist Financial lifted their price target on shares of Somnigroup International from $105.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Weiss Ratings upgraded shares of Somnigroup International from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 11th. Finally, Jefferies Financial Group upgraded shares of Somnigroup International from a “hold” rating to a “buy” rating and cut their price target for the company from $90.00 to $88.00 in a report on Thursday, March 26th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $98.60.

Somnigroup International Trading Up 0.1%

Shares of SGI stock opened at $66.95 on Tuesday. Somnigroup International Inc. has a 12 month low of $60.39 and a 12 month high of $98.56. The company has a market cap of $14.08 billion, a PE ratio of 27.33, a PEG ratio of 1.23 and a beta of 1.25. The company has a current ratio of 0.78, a quick ratio of 0.38 and a debt-to-equity ratio of 1.41. The firm’s fifty day simple moving average is $73.87.

Somnigroup International (NYSE:SGI) last announced its earnings results on Thursday, May 7th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. Somnigroup International had a net margin of 6.80% and a return on equity of 19.62%. The firm had revenue of $1.80 billion for the quarter. During the same quarter last year, the firm posted $0.49 EPS. The business’s quarterly revenue was up 12.3% on a year-over-year basis. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS. On average, sell-side analysts forecast that Somnigroup International Inc. will post 3.2 earnings per share for the current fiscal year.

Somnigroup International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Thursday, May 21st. Somnigroup International’s payout ratio is 27.76%.

Somnigroup International Company Profile

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.