The Manufacturers Life Insurance Company Sells 7,320 Shares of Somnigroup International Inc. $SGI

Posted by Geri Gentry on Aug 5th, 2026

The Manufacturers Life Insurance Company reduced its stake in Somnigroup International Inc. (NYSE:SGI – Free Report) by 6.1% during the 1st quarter, Holdings Channel reports. The firm owned 112,787 shares of the company’s stock after selling 7,320 shares during the period. The Manufacturers Life Insurance Company’s holdings in Somnigroup International were worth $8,337,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SGI. Core Wealth Advisors LLC bought a new position in Somnigroup International during the fourth quarter worth about $30,000. Allworth Financial LP acquired a new position in shares of Somnigroup International during the 3rd quarter worth about $32,000. Elyxium Wealth LLC bought a new stake in shares of Somnigroup International in the 4th quarter valued at about $35,000. First Horizon Corp increased its stake in shares of Somnigroup International by 93.3% in the 4th quarter. First Horizon Corp now owns 464 shares of the company’s stock valued at $41,000 after acquiring an additional 224 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Somnigroup International in the 4th quarter valued at approximately $42,000. 99.86% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently weighed in on SGI shares. UBS Group reduced their price objective on shares of Somnigroup International from $110.00 to $105.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Bank of America lowered their target price on shares of Somnigroup International from $106.00 to $96.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Zelman & Associates assumed coverage on shares of Somnigroup International in a report on Tuesday, June 23rd. They issued an “outperform” rating and a $99.00 target price on the stock. Weiss Ratings cut shares of Somnigroup International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 26th. Finally, Stephens reissued an “equal weight” rating and issued a $89.00 price target on shares of Somnigroup International in a report on Tuesday, April 14th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $98.14.

View Our Latest Stock Analysis on SGI

Somnigroup International Trading Up 4.5%

NYSE SGI opened at $69.67 on Wednesday. Somnigroup International Inc. has a one year low of $60.39 and a one year high of $98.56. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.78 and a quick ratio of 0.38. The firm has a market cap of $14.66 billion, a P/E ratio of 28.44, a P/E/G ratio of 1.24 and a beta of 1.20. The stock’s 50-day moving average is $72.50 and its 200-day moving average is $78.03.

Somnigroup International (NYSE:SGI – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.02. Somnigroup International had a return on equity of 19.62% and a net margin of 6.80%.The business had revenue of $1.80 billion during the quarter. During the same quarter in the prior year, the firm posted $0.49 earnings per share. Somnigroup International’s revenue for the quarter was up 12.3% compared to the same quarter last year. Somnigroup International has set its FY 2026 guidance at 3.000-3.400 EPS. Sell-side analysts anticipate that Somnigroup International Inc. will post 3.15 earnings per share for the current fiscal year.

Somnigroup International Company Profile

(Free Report)

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.