D1 Capital Partners L.P. 13F: New $368M Stake in SGI

D1 Capital Partners L.P. has taken a new position in Somnigroup International Inc. (NYSE: SGI), acquiring 4,688,423 shares valued at about $338.7 million. This move, reported in its latest Form 13F filing with the SEC, reflects holdings as of the reporting period and may not represent the firm's current position.

What Changed in D1 Capital Partners' Somnigroup Position

D1 Capital Partners didn't hold any shares of Somnigroup International before this filing, making this a new investment. With the acquisition of 4,688,423 shares, the firm now holds a significant stake in the company, valued at approximately $338.7 million.

Other Institutional Activity in Somnigroup International

Other institutional investors have also been active in Somnigroup International. FMR LLC reduced its holdings by 1,360,174 shares, ending with 27,861,420 shares worth about $2.06 billion. BlackRock, Inc. added 480,705 shares, bringing its total to 20,144,553 shares valued at roughly $1.49 billion. Select Equity Group, L.P. cut its stake by 1,155,135 shares, leaving it with 9,273,908 shares valued at $685.5 million. Meanwhile, Vanguard Capital Management LLC made a new investment of 9,078,255 shares, worth approximately $671.1 million.

Somnigroup International Inc. Stock Up 23.7%

Shares of Somnigroup International (NYSE: SGI) traded near $72.25. The company has a market cap of $15.2 billion and a P/E ratio of 28.9, with a forward P/E of 18.5. Its beta stands at 1.206, indicating a moderate level of volatility compared to the market. The stock's 52-week range is between $60.39 and $98.56. Somnigroup's 50-day moving average is $72.72, while the 200-day moving average is $83.12.

Recent Earnings

Somnigroup International reported revenue of $7.67 billion with a growth rate of 12.3%. Its earnings per share (EPS) was $2.50, and it maintained a net margin of 6.8%. The return on equity (ROE) stood at 17.7%. The next earnings report is expected on August 6, 2026.

Dividend

The company offers an annual dividend rate of $0.68, yielding 0.94% with a payout ratio of 24.8%.

Insider Buying and Selling at Somnigroup International Inc.

Recent insider activity includes Steven Rusing, President & CEO of Mattress Firm, selling 10,448 shares at an undisclosed price and buying the same amount at $15.61 per share on May 22, 2026. Additionally, Simon Dyer engaged in trades on May 14, 2026, selling 702 shares at $64.49 each.

Analysts Set New Price Targets

On May 8, 2026, UBS maintained a 'buy' rating for the stock with a price target of $105. Stephens & Co. reiterated a 'hold' rating with a target of $89 on April 14, 2026. B of A Securities also maintained a 'buy' rating, setting a target of $96 on the same date. Overall, analysts have a consensus 'strong buy' recommendation with an average target price of $97.25.

About Somnigroup International

Somnigroup International Inc. designs, manufactures, and sells bedding products through its various brands, including Tempur-Pedic, Sealy, and Sleepy's. Based in Dallas, Texas, the company operates retail stores and sells online, catering to both individual consumers and third-party retailers. Led by CEO Scott L. Thompson, Somnigroup employs about 19,000 people.

Bottom Line

D1 Capital Partners' new stake in Somnigroup International signals interest in the bedding industry. Investors closely watch 13F filings for insights into fund strategies, though these filings are backward-looking. Somnigroup's market position and analyst ratings suggest continued interest in its performance.