Somnigroup International (NYSE:SGI) Stock Moved Up to “Strong-Buy” by Zacks Research

Posted by Brian Himes on Oct 9th, 2026

Zacks Research upgraded shares of Somnigroup International (NYSE:SGI – Free Report) from a hold rating to a strong-buy rating in a research report sent to investors on Wednesday,Zacks reports.

Other equities research analysts have also issued reports about the company. Piper Sandler reiterated an “overweight” rating and issued a $100.00 price objective (up from $95.00) on shares of Somnigroup International in a research report on Thursday, September 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of Somnigroup International in a report on Friday, August 21st. Stephens raised Somnigroup International from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $66.00 to $80.00 in a research note on Monday, September 14th. Truist Financial cut their price target on shares of Somnigroup International from $115.00 to $100.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Finally, Morgan Stanley began coverage on shares of Somnigroup International in a report on Monday, July 27th. They issued an “overweight” rating and a $95.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $95.00.

Read Our Latest Analysis on Somnigroup International

Somnigroup International Price Performance

SGI opened at $62.46 on Wednesday. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.75 and a quick ratio of 0.37. Somnigroup International has a 1 year low of $60.08 and a 1 year high of $98.56. The stock’s 50 day simple moving average is $65.02 and its 200 day simple moving average is $70.31. The firm has a market cap of $13.14 billion, a price-to-earnings ratio of 24.98, a PEG ratio of 1.01 and a beta of 1.24.

Somnigroup International (NYSE:SGI – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.58 EPS for the quarter, meeting analysts’ consensus estimates of $0.58. Somnigroup International had a net margin of 7.00% and a return on equity of 19.32%. The company had revenue of $1.82 billion during the quarter. During the same quarter in the prior year, the company earned $0.53 earnings per share. The company’s quarterly revenue was down 3.0% compared to the same quarter last year. Somnigroup International has set its FY 2026 guidance at 2.850-3.150 EPS. As a group, analysts predict that Somnigroup International will post 3.11 earnings per share for the current year.

Somnigroup International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were issued a dividend of $0.17 per share. The ex-dividend date was Thursday, August 20th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.1%. Somnigroup International’s dividend payout ratio is 27.20%.

Insider Activity

In other news, CEO Scott Thompson bought 30,000 shares of the firm’s stock in a transaction dated Thursday, August 27th. The stock was purchased at an average price of $62.84 per share, with a total value of $1,885,200.00. Following the transaction, the chief executive officer owned 4,123,634 shares of the company’s stock, valued at approximately $259,129,160.56. The trade was a 0.73% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.99% of the company’s stock.

Institutional Investors Weigh In On Somnigroup International

Hedge funds have recently made changes to their positions in the company. BlackRock Inc. bought a new position in Somnigroup International in the second quarter worth $1,507,604,000. Linonia Partnership LP bought a new stake in shares of Somnigroup International during the 2nd quarter valued at $519,372,000. Artisan Partners Limited Partnership purchased a new position in Somnigroup International during the 4th quarter valued at about $274,323,000. Allspring Global Investments Holdings LLC boosted its stake in Somnigroup International by 62.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 3,046,320 shares of the company’s stock worth $224,240,000 after acquiring an additional 1,171,485 shares in the last quarter. Finally, Bank of America Corp DE purchased a new stake in Somnigroup International in the second quarter worth about $204,632,000. 99.86% of the stock is currently owned by institutional investors.

Somnigroup International Company Profile

(Get Free Report)

Somnigroup International Inc is a global bedding company that designs, manufactures, distributes and sells mattresses, foundations, pillows, adjustable bases and other sleep-related products. The company serves consumers through wholesale distribution, company-operated and third-party retail locations, e-commerce platforms and hospitality channels.

Its portfolio includes well-known brands such as Tempur-Pedic, Sealy and Stearns & Foster, as well as products sold through the Mattress Firm retail banner.