Commonwealth Equity Services LLC Has $366,000 Stock Position in Tempur Sealy International, Inc. (NYSE:TPX)

Commonwealth Equity Services LLC boosted its position in Tempur Sealy International, Inc. (NYSE:TPX) by 38.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 7,891 shares of the company’s stock after purchasing an additional 2,182 shares during the period. Commonwealth Equity Services LLC’s holdings in Tempur Sealy International were worth $366,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of the stock. Fifth Third Bancorp lifted its position in Tempur Sealy International by 61.7% during the third quarter. Fifth Third Bancorp now owns 621 shares of the company’s stock worth $29,000 after acquiring an additional 237 shares during the last quarter. Koshinski Asset Management Inc. acquired a new stake in Tempur Sealy International during the third quarter worth approximately $32,000. Truvestments Capital LLC acquired a new stake in Tempur Sealy International during the second quarter worth approximately $43,000. O Shaughnessy Asset Management LLC lifted its position in Tempur Sealy International by 3,286.1% during the second quarter. O Shaughnessy Asset Management LLC now owns 1,219 shares of the company’s stock worth $48,000 after acquiring an additional 1,183 shares during the last quarter. Finally, CENTRAL TRUST Co acquired a new stake in Tempur Sealy International during the third quarter worth approximately $48,000. Institutional investors and hedge funds own 93.05% of the company’s stock.

Several brokerages have issued reports on TPX. Truist Securities raised their price objective on shares of Tempur Sealy International from $54.00 to $60.00 and gave the stock a “buy” rating in a research report on Monday, January 10th. Piper Sandler lifted their price target on shares of Tempur Sealy International from $56.00 to $60.00 and gave the company an “overweight” rating in a research report on Wednesday, November 10th. Truist lifted their price target on shares of Tempur Sealy International from $54.00 to $60.00 in a research report on Monday, January 10th. Finally, Zacks Investment Research upgraded shares of Tempur Sealy International from a “hold” rating to a “buy” rating and set a $53.00 price target for the company in a research report on Saturday, January 8th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Tempur Sealy International currently has an average rating of “Buy” and an average target price of $51.20.

Shares of NYSE:TPX opened at $42.09 on Friday. The company’s 50 day simple moving average is $45.13 and its 200 day simple moving average is $44.42. The stock has a market capitalization of $8.10 billion, a price-to-earnings ratio of 14.77, a price-to-earnings-growth ratio of 0.48 and a beta of 1.77. The company has a debt-to-equity ratio of 6.31, a current ratio of 1.28 and a quick ratio of 0.95. Tempur Sealy International, Inc. has a 1 year low of $25.88 and a 1 year high of $50.51.

Tempur Sealy International (NYSE:TPX) last announced its quarterly earnings data on Thursday, October 28th. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.03. The business had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Tempur Sealy International had a net margin of 12.82% and a return on equity of 155.99%. The firm’s quarterly revenue was up 20.0% compared to the same quarter last year. During the same period last year, the firm posted $0.74 earnings per share. As a group, analysts anticipate that Tempur Sealy International, Inc. will post 3.27 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 23rd. Investors of record on Thursday, November 11th were paid a $0.09 dividend. The ex-dividend date was Tuesday, November 9th. This represents a $0.36 annualized dividend and a dividend yield of 0.86%. Tempur Sealy International’s dividend payout ratio is 12.63%.

In related news, Director Evelyn S. Dilsaver sold 1,451 shares of the business’s stock in a transaction on Wednesday, November 24th. The shares were sold at an average price of $43.96, for a total value of $63,785.96. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 3.78% of the company’s stock.

Tempur Sealy International Profile

Tempur Sealy International, Inc develops, manufactures, markets and distributes bedding products. It operates through North America and International segments. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the U.S.

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Institutional Ownership by Quarter for Tempur Sealy International (NYSE:TPX)

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