UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Trims Stake in Somnigroup International Inc. $SGI

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its position in shares of Somnigroup International Inc. (NYSE:SGI) by 6.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor 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 owned about 0.20% of Somnigroup International worth $33,794,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in SGI. Quantinno Capital Management LP raised its stake in Somnigroup International by 27.9% in the first quarter. Quantinno Capital Management LP now owns 154,491 shares of the company’s stock worth $11,420,000 after buying an additional 33,729 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in Somnigroup International by 193.4% during the first quarter. Renaissance Technologies LLC now owns 494,100 shares of the company’s stock worth $36,524,000 after buying an additional 325,700 shares during the period. Argent Capital Management LLC boosted its position in Somnigroup International by 51.1% during the 1st quarter. Argent Capital Management LLC now owns 91,161 shares of the company’s stock valued at $6,739,000 after acquiring an additional 30,839 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Somnigroup International by 62.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,046,320 shares of the company’s stock valued at $224,240,000 after acquiring an additional 1,171,485 shares during the period. Finally, Polar Asset Management Partners Inc. bought a new position in shares of Somnigroup International in the 2nd quarter worth $2,305,000. 99.86% of the stock is currently owned by hedge funds and other institutional investors.

Somnigroup International Price Performance

Shares of NYSE SGI opened at $69.56 on Friday. Somnigroup International Inc. has a fifty-two week low of $60.39 and a fifty-two week high of $98.56. The company has a market cap of $14.63 billion, a PE ratio of 27.82, a P/E/G ratio of 1.52 and a beta of 1.19. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.37 and a current ratio of 0.75. The business has a 50-day simple moving average of $69.55 and a two-hundred day simple moving average of $73.65.

Somnigroup International (NYSE:SGI) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.58 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.58. The firm had revenue of $1.82 billion for the quarter. Somnigroup International had a net margin of 7.00% and a return on equity of 19.32%. The business’s revenue was down 3.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.53 EPS. Somnigroup International has set its FY 2026 guidance at 2.850-3.150 EPS. As a group, equities analysts expect that Somnigroup International Inc. will post 3.02 EPS for the current fiscal year.

Somnigroup International Announces Dividend

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

Key Headlines 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

Insider Transactions at Somnigroup International

In related news, CEO Scott Thompson purchased 30,000 shares of the business’s stock in a transaction on 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 purchase, the chief executive officer owned 4,123,634 shares of the company’s stock, valued at $259,129,160.56. This trade represents a 0.73% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.99% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Zacks Research cut Somnigroup International from a “hold” rating to a “strong sell” rating in a research note on Monday, August 10th. Morgan Stanley assumed coverage on shares of Somnigroup International in a research report on Monday, July 27th. They set an “overweight” rating and a $95.00 price target for the company. Truist Financial cut their price objective on shares of Somnigroup International from $115.00 to $100.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Zelman & Associates initiated coverage on shares of Somnigroup International in a research report on Tuesday, June 23rd. They set an “outperform” rating and a $99.00 target price for the company. Finally, Wall Street Zen downgraded shares of Somnigroup International from a “hold” rating to a “sell” rating in a research note on Saturday, August 15th. Seven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $96.12.

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.