Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Somnigroup International Inc. (NYSE:SGI). In a filing disclosed on September 09th, the Representative disclosed that they had sold between $100,001 and $250,000 in Somnigroup International stock on August 25th.
Representative April McClain Delaney also recently made the following trade(s):
- Sold $100,001 – $250,000 in shares of Wabtec (NYSE:WAB) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Viking (NYSE:VIK) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Trimble (NASDAQ:TRMB) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Transdigm Group (NYSE:TDG) on 8/25/2026.
- Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 8/25/2026.
- Sold $15,001 – $50,000 in shares of Middleby (NASDAQ:MIDD) on 8/25/2026.
- Sold $15,001 – $50,000 in shares of Teledyne Technologies (NYSE:TDY) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of STERIS (NYSE:STE) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Signet Jewelers (NYSE:SIG) on 8/25/2026.
- Sold $100,001 – $250,000 in shares of Paychex (NASDAQ:PAYX) on 8/25/2026.
Somnigroup International Stock Performance
NYSE:SGI opened at $66.71 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.75 and a quick ratio of 0.37. The firm has a market cap of $14.03 billion, a price-to-earnings ratio of 26.68, a price-to-earnings-growth ratio of 1.08 and a beta of 1.19. The firm’s fifty day moving average price is $68.36 and its 200 day moving average price is $72.82. Somnigroup International Inc. has a 1-year low of $60.39 and a 1-year high of $98.56.
Somnigroup International Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 20th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $0.68 annualized dividend and a dividend yield of 1.0%. Somnigroup International’s dividend payout ratio (DPR) is currently 27.20%.
Analysts Set New Price Targets
Several research firms recently issued reports on SGI. Zacks Research raised shares of Somnigroup International from a “strong sell” rating to a “hold” rating in a report on Tuesday. Truist Financial dropped their target price on Somnigroup International from $115.00 to $100.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. UBS Group lifted their price target on Somnigroup International from $94.00 to $102.00 and gave the company a “buy” rating in a research note on Thursday, September 3rd. Morgan Stanley started coverage on Somnigroup International in a report on Monday, July 27th. They set an “overweight” rating and a $95.00 price objective on the stock. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Somnigroup International in a report on Friday, August 21st. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $96.12.
Check Out Our Latest Stock Report on SGI
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 dated Thursday, August 27th. The stock was bought at an average price of $62.84 per share, with a total value of $1,885,200.00. Following the completion of the transaction, the chief executive officer directly 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 document filed with the Securities & Exchange Commission, which is available at this hyperlink. 3.99% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Somnigroup International
A number of hedge funds and other institutional investors have recently modified their holdings of SGI. Allworth Financial LP acquired a new stake in shares of Somnigroup International during the 3rd quarter worth $32,000. Sanctuary Advisors LLC raised its holdings in shares of Somnigroup International by 5.1% in the 4th quarter. Sanctuary Advisors LLC now owns 2,912 shares of the company’s stock worth $260,000 after purchasing an additional 141 shares during the period. Truist Financial Corp lifted its stake in shares of Somnigroup International by 13.1% in the 4th quarter. Truist Financial Corp now owns 20,043 shares of the company’s stock valued at $1,789,000 after purchasing an additional 2,322 shares in the last quarter. Sequoia Financial Advisors LLC increased its position in Somnigroup International by 42.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 5,414 shares of the company’s stock worth $483,000 after purchasing an additional 1,621 shares in the last quarter. Finally, Ethic Inc. raised its holdings in Somnigroup International by 16.0% in the fourth quarter. Ethic Inc. now owns 13,986 shares of the company’s stock valued at $1,249,000 after buying an additional 1,926 shares during the period. 99.86% of the stock is currently owned by hedge funds and other institutional investors.
About Representative McClain Delaney
April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.
April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.
Somnigroup International Company Profile
Somnigroup International Inc is a global sleep products company that designs, manufactures, distributes and sells mattresses, pillows, adjustable bases, foundations and other bedding products. The company serves consumers through a combination of wholesale, direct-to-consumer and retail channels, including company-operated and franchised retail locations.
Somnigroup’s portfolio includes well-known brands such as Tempur-Pedic, Sealy, Stearns & Foster and Cocoon by Sealy. Following its combination with Mattress Firm, the company also operates one of the largest mattress specialty retail platforms in North America, offering products from its own brands as well as other manufacturers.
The company traces its roots to Tempur Sealy International, which was formed through the combination of Tempur-Pedic and Sealy.
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