Hudson Bay Capital Management LP Makes New Investment in Somnigroup International Inc. $SGI

Hudson Bay Capital Management LP bought a new stake in Somnigroup International Inc. (NYSE:SGI) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 66,232 shares of the company’s stock, valued at approximately $5,585,000.

Separately, Allworth Financial LP purchased a new position in shares of Somnigroup International during the 3rd quarter worth $32,000. Institutional investors own 99.86% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on SGI. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Somnigroup International in a research note on Monday, December 29th. Zacks Research downgraded shares of Somnigroup International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Truist Financial upped their price objective on shares of Somnigroup International from $105.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Stephens assumed 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 objective for the company. Finally, UBS Group dropped their target price on shares of Somnigroup International from $122.00 to $115.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Somnigroup International currently has an average rating of “Hold” and a consensus target price of $106.33.

Somnigroup International Trading Down 3.1%

Shares of SGI opened at $71.88 on Friday. Somnigroup International Inc. has a twelve month low of $53.10 and a twelve month high of $98.56. The firm has a fifty day moving average price of $88.45. The firm has a market cap of $15.12 billion, a price-to-earnings ratio of 40.16, a price-to-earnings-growth ratio of 0.95 and a beta of 1.28. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.83 and a quick ratio of 0.42.

Somnigroup International (NYSE:SGI) last issued its earnings results on Tuesday, February 17th. The company reported $0.72 EPS for the quarter, hitting analysts’ consensus estimates of $0.72. The firm had revenue of $1.87 billion during the quarter. Somnigroup International had a net margin of 5.14% and a return on equity of 19.36%. The business’s revenue for the quarter was up 54.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 EPS. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS.

Somnigroup International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, March 5th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, March 5th. Somnigroup International’s payout ratio is 37.99%.

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.