Somnigroup International (NYSE:SGI) Price Target Cut to $100.00 by Analysts at Truist Financial

Somnigroup International (NYSE:SGI) had its price target decreased by Truist Financial from $115.00 to $100.00 in a report released on Friday morning,Benzinga reports. Truist Financial currently has a buy rating on the stock.

Several other equities research analysts also recently issued reports on the stock. Morgan Stanley began coverage on shares of Somnigroup International in a research note on Monday, July 27th. They set an “overweight” rating and a $95.00 price objective for the company. Stephens restated an “equal weight” rating and set a $89.00 target price on shares of Somnigroup International in a report on Tuesday, April 14th. Zelman & Associates assumed coverage on shares of Somnigroup International in a research report on Tuesday, June 23rd. They set an “outperform” rating and a $99.00 price target for the company. Weiss Ratings downgraded Somnigroup International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 26th. Finally, UBS Group lowered their price target on Somnigroup International from $110.00 to $105.00 and set a “buy” rating for the company in a report on Friday, May 8th. Seven 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 currently has a consensus rating of “Moderate Buy” and an average price target of $94.50.

Somnigroup International Stock Performance

NYSE SGI opened at $65.35 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.75 and a quick ratio of 0.38. Somnigroup International has a 1-year low of $60.39 and a 1-year high of $98.56. The firm has a market capitalization of $13.75 billion, a P/E ratio of 26.14, a P/E/G ratio of 1.23 and a beta of 1.20. The business’s 50-day simple moving average is $72.26 and its 200-day simple moving average is $77.58.

Somnigroup International (NYSE:SGI) last posted its earnings results on Thursday, August 6th. The company reported $0.58 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.58. Somnigroup International had a net margin of 7.00% and a return on equity of 19.32%. The firm had revenue of $1.82 billion during the quarter. During the same period last year, the company posted $0.53 EPS. The firm’s revenue for the quarter 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. Equities analysts predict that Somnigroup International will post 3.09 EPS for the current year.

Somnigroup International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be given a $0.17 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.68 annualized dividend and a yield of 1.0%. Somnigroup International’s dividend payout ratio (DPR) is 27.76%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. M.D. Sass LLC purchased a new position in shares of Somnigroup International in the second quarter valued at $65,563,000. Meeder Asset Management Inc. purchased a new stake in Somnigroup International during the 2nd quarter worth $311,000. Banco BTG Pactual S.A. purchased a new stake in Somnigroup International during the 2nd quarter worth $329,000. K.J. Harrison & Partners Inc acquired a new position in Somnigroup International in the 2nd quarter worth $1,568,000. Finally, BlackRock Inc. acquired a new position in Somnigroup International in the 2nd quarter worth $1,507,604,000. 99.86% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Somnigroup International

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

• Positive Sentiment: Second-quarter adjusted earnings improved year over year, with EPS of $0.58 versus $0.53 a year earlier, while gross margins expanded. Operating cash flow reached a record $236 million, supported by synergy and efficiency gains. Somnigroup International Inc. Reports Second Quarter 2026 Results
• Positive Sentiment: Analyst sentiment remains generally constructive. Piper Sandler reaffirmed an “overweight” rating with a $95 price target, while Truist maintained a “buy” rating with a $100 target. Brokerages collectively assign SGI an average “moderate buy” rating, suggesting substantial long-term upside if demand and integration improve. Analyst rating updates
• Neutral Sentiment: Somnigroup declared a quarterly dividend of $0.17 per share, payable September 3 to shareholders of record on August 20. The dividend provides ongoing shareholder income, although its approximately 1% yield is unlikely to be the primary trading catalyst. Somnigroup Announces Third Quarter Cash Dividend
• Negative Sentiment: Revenue fell 3% year over year to $1.82 billion and missed analyst expectations, with the Mattress Firm decline contributing to weaker sales. Management also cited industry softness and inflationary pressure, raising concerns about near-term demand.
• Negative Sentiment: Fiscal 2026 EPS guidance was reduced to $2.85–$3.15, compared with the $3.15 analyst consensus. Although quarterly EPS met estimates, investors appear to be focusing on the lack of a clear earnings beat and the lower end of the new outlook. Somnigroup Q2 Earnings Meet, Sales Miss on Mattress Firm Decline
• Negative Sentiment: Both Piper Sandler and Truist lowered their price targets despite retaining bullish ratings, signaling that analysts see meaningful upside but have moderated their near-term expectations.

About Somnigroup International

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.