Louisiana State Employees Retirement System Acquires New Shares in Somnigroup International Inc. $SGI

Posted by Stanley Muller on Jun 27th, 2026

Louisiana State Employees Retirement System bought a new stake in Somnigroup International Inc. (NYSE:SGI – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 60,900 shares of the company’s stock, valued at approximately $4,502,000.

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

Wall Street Analysts Forecast Growth

Several research firms have commented on SGI. Truist Financial boosted their target price on shares of Somnigroup International from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. UBS Group cut their price target on shares of Somnigroup International from $110.00 to $105.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Bank of America reduced their price objective 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. Stephens reiterated an “equal weight” rating and issued a $89.00 price objective on shares of Somnigroup International in a report on Tuesday, April 14th. Finally, Zelman & Associates assumed coverage on shares of Somnigroup International in a research report on Tuesday. They set an “outperform” rating and a $99.00 target price on the stock. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $98.67.

Get Our Latest Analysis on SGI

Somnigroup International Stock Down 0.3%

Shares of SGI stock opened at $78.33 on Friday. Somnigroup International Inc. has a 12 month low of $60.39 and a 12 month high of $98.56. The company has a quick ratio of 0.38, a current ratio of 0.78 and a debt-to-equity ratio of 1.41. The firm has a market cap of $16.48 billion, a PE ratio of 31.97, a price-to-earnings-growth ratio of 1.46 and a beta of 1.21. The stock has a 50 day moving average of $72.31 and a 200-day moving average of $81.56.

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

Somnigroup International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, May 21st. Somnigroup International’s dividend payout ratio (DPR) is currently 27.76%.

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.