Somnigroup International (NYSE:SGI) Given New $100.00 Price Target at KeyCorp

Somnigroup International (NYSE:SGI) had its price objective dropped by research analysts at KeyCorp from $105.00 to $100.00 in a research note issued to investors on Tuesday, Benzinga reports. The firm presently has an “overweight” rating on the stock. KeyCorp‘s price objective indicates a potential upside of 50.30% from the company’s current price.

A number of other brokerages have also weighed in on SGI. UBS Group raised their target price on shares of Somnigroup International from $94.00 to $102.00 and gave the company a “buy” rating in a research report on Thursday, September 3rd. Zacks Research downgraded shares of Somnigroup International from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 5th. Stephens upgraded Somnigroup International from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $66.00 to $80.00 in a research note on Monday, September 14th. Truist Financial dropped their price target on Somnigroup International from $115.00 to $100.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Finally, Piper Sandler reissued an “overweight” rating and set a $100.00 price objective (up from $95.00) on shares of Somnigroup International in a report on Thursday, September 3rd. Nine investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $95.56.

Somnigroup International Trading Up 3.7%

SGI opened at $66.53 on Tuesday. The company has a market cap of $14.00 billion, a P/E ratio of 26.61, a PEG ratio of 1.14 and a beta of 1.30. The company has a current ratio of 0.75, a quick ratio of 0.37 and a debt-to-equity ratio of 1.33. The company’s 50 day moving average is $64.48 and its 200-day moving average is $73.08. Somnigroup International has a 1-year low of $60.08 and a 1-year high of $98.56.

Somnigroup International (NYSE:SGI) last released its quarterly earnings data on Monday, November 9th. The company reported $1.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.06 by ($0.02). The company had revenue of $2.35 billion for the quarter. Somnigroup International had a return on equity of 19.32% and a net margin of 7.00%. Somnigroup International’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period last year, the company posted $0.95 EPS. Somnigroup International has set its FY 2026 guidance at 2.850-2.950 EPS. Equities research analysts predict that Somnigroup International will post 3.10 earnings per share for the current fiscal year.

Insider Transactions at Somnigroup International

In other Somnigroup International news, CEO Scott Thompson acquired 30,000 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The stock was acquired at an average price of $62.84 per share, for a total transaction of $1,885,200.00. Following the acquisition, the chief executive officer directly owned 4,123,634 shares in the company, valued at $259,129,160.56. This represents a 0.73% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 3.99% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Somnigroup International

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE bought a new position in shares of Somnigroup International during the second quarter valued at $204,632,000. Two Sigma Securities LLC acquired a new position in shares of Somnigroup International during the second quarter worth $1,379,000. Tidal Investments LLC lifted its holdings in shares of Somnigroup International by 49.4% during the second quarter. Tidal Investments LLC now owns 184,212 shares of the company’s stock worth $14,442,000 after purchasing an additional 60,942 shares during the period. Polar Asset Management Partners Inc. bought a new stake in shares of Somnigroup International in the second quarter worth $2,305,000. Finally, Salvus Wealth Management LLC grew its stake in shares of Somnigroup International by 31.5% in the third quarter. Salvus Wealth Management LLC now owns 73,425 shares of the company’s stock worth $4,560,000 after purchasing an additional 17,574 shares during the last quarter. 99.86% of the stock is currently owned by institutional investors and hedge funds.

More Somnigroup International News

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

• Positive Sentiment: Third-quarter net sales rose 11% to about $2.4 billion, adjusted EPS increased 9.5% to $1.04 year over year, and cash flow from operations was a strong $349 million. Somnigroup Q3 results
• Positive Sentiment: The board declared a quarterly dividend of $0.17 per share, equivalent to $0.68 annualized and a yield of about 1%. Dividend announcement
• Negative Sentiment: Somnigroup set 2026 EPS guidance at $2.85–$2.95, below analyst consensus near $3.10–$3.11. This outlook gap may overshadow the year-over-year growth in quarterly sales and adjusted EPS. Somnigroup Q3 results and guidance
• Negative Sentiment: Adjusted Q3 EPS of $1.04 narrowly missed the $1.06 analyst estimate. GAAP EPS was $0.74, down 10.8% year over year. Q3 earnings estimate comparison

Somnigroup International Company Profile

Somnigroup International, Inc is a bedding company that designs, manufactures, distributes and sells mattresses and related sleep products. Its offerings include adjustable bases, pillows and other bedding accessories, marketed under brands such as Tempur-Pedic, Sealy and Stearns & Foster.

The company also operates Mattress Firm, a mattress retailer with stores across the United States. Through its brands, retail business and other sales channels, Somnigroup serves customers in the U.S.