Somnigroup International’s (SGI) Overweight Rating Reaffirmed at Piper Sandler

Somnigroup International (NYSE:SGI)‘s stock had its “overweight” rating reiterated by stock analysts at Piper Sandler in a report issued on Friday,Benzinga reports. They currently have a $95.00 target price on the stock, down from their previous target price of $102.00. Piper Sandler’s price target points to a potential upside of 44.60% from the company’s current price.

Several other analysts also recently commented on SGI. Weiss Ratings downgraded shares of Somnigroup International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. UBS Group reduced their target price on shares of Somnigroup International from $110.00 to $105.00 and set a “buy” rating for the company in a report on Friday, May 8th. Zelman & Associates started coverage on shares of Somnigroup International in a research note on Tuesday, June 23rd. They set an “outperform” rating and a $99.00 target price for the company. Truist Financial lowered their price target on Somnigroup International from $115.00 to $100.00 and set a “buy” rating on the stock in a report on Friday. Finally, Morgan Stanley began coverage on Somnigroup International in a research report on Monday, July 27th. They issued an “overweight” rating and a $95.00 price target on the stock. Seven equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Somnigroup International currently has a consensus rating of “Moderate Buy” and an average target price of $95.88.

Somnigroup International Stock Performance

NYSE SGI traded up $0.83 during trading hours on Friday, hitting $65.70. The company had a trading volume of 1,214,021 shares, compared to its average volume of 2,594,729. The business has a 50 day moving average of $72.37 and a 200-day moving average of $77.66. The company has a market cap of $13.82 billion, a PE ratio of 26.79, a price-to-earnings-growth ratio of 1.30 and a beta of 1.20. Somnigroup International has a 1-year low of $60.39 and a 1-year high of $98.56. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.38 and a current ratio of 0.78.

Somnigroup International (NYSE:SGI) last posted its earnings results on Thursday, August 6th. The company reported $0.58 earnings per share for the quarter, meeting the consensus estimate of $0.58. The business had revenue of $1.82 billion during the quarter. Somnigroup International had a return on equity of 19.62% and a net margin of 6.80%.The firm’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.53 earnings per share. Somnigroup International has set its FY 2026 guidance at 2.850-3.150 EPS. As a group, equities research analysts expect that Somnigroup International will post 3.15 EPS for the current year.

Institutional Investors Weigh In On Somnigroup International

Institutional investors have recently made changes to their positions in the stock. Artisan Partners Limited Partnership acquired a new stake in shares of Somnigroup International in the fourth quarter valued at about $274,323,000. Norges Bank acquired a new position in Somnigroup International during the fourth quarter worth about $270,814,000. Bank of New York Mellon Corp acquired a new position in Somnigroup International during the second quarter worth about $106,681,000. Allspring Global Investments Holdings LLC increased its holdings in Somnigroup International by 62.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 3,046,320 shares of the company’s stock valued at $224,240,000 after buying an additional 1,171,485 shares in the last quarter. Finally, Squarepoint Ops LLC increased its holdings in Somnigroup International by 125.4% in the fourth quarter. Squarepoint Ops LLC now owns 1,232,152 shares of the company’s stock valued at $110,007,000 after buying an additional 685,420 shares in the last quarter. 99.86% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Somnigroup International

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

• Positive Sentiment: Somnigroup reported second-quarter EPS of $0.58, matching analyst expectations and rising from $0.53 a year earlier. Adjusted EPS increased 9%, while gross margins expanded. Somnigroup International Reports Second Quarter 2026 Results
• Positive Sentiment: Operating cash flow reached a record $236 million for the second quarter, providing a favorable signal on liquidity and operational execution. The company also declared a quarterly dividend of $0.17 per share, payable September 3 to shareholders of record on August 20. Somnigroup Announces Third Quarter Cash Dividend
• Neutral Sentiment: Truist lowered its price target from $115 to $100 but maintained a “Buy” rating. The revised target still implies substantial potential upside from recent levels, although the reduction reflects more cautious expectations. Benzinga analyst update
• Neutral Sentiment: Brokerages collectively maintain an average “Moderate Buy” rating on SGI, indicating that analysts remain broadly constructive despite recent estimate and target revisions. Somnigroup International Receives Moderate Buy Rating
• Negative Sentiment: Second-quarter revenue fell 3.0% year over year to $1.82 billion and was below analyst expectations. Management cited industry softness and inflationary pressure, factors that may weigh on near-term demand and margins.
• Negative Sentiment: Somnigroup’s FY 2026 EPS guidance of $2.85–$3.15 tops out at the current consensus estimate of $3.15, offering limited room for upside and signaling a cautious outlook. Investors are also weighing execution risks related to the pending Leggett & Platt acquisition.

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.