Empowered Funds LLC Raises Stock Holdings in Tempur Sealy International, Inc. (NYSE:TPX)

Empowered Funds LLC lifted its holdings in Tempur Sealy International, Inc. (NYSE:TPX - Free Report) by 36.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,835 shares of the company's stock after acquiring an additional 14,677 shares during the period. Empowered Funds LLC's holdings in Tempur Sealy International were worth $3,109,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Brooklyn Investment Group bought a new position in shares of Tempur Sealy International in the third quarter worth about $27,000. Versant Capital Management Inc boosted its stake in shares of Tempur Sealy International by 365.2% in the fourth quarter. Versant Capital Management Inc now owns 614 shares of the company's stock worth $35,000 after acquiring an additional 482 shares during the period. UMB Bank n.a. boosted its stake in shares of Tempur Sealy International by 72.0% in the fourth quarter. UMB Bank n.a. now owns 805 shares of the company's stock worth $46,000 after acquiring an additional 337 shares during the period. Truvestments Capital LLC bought a new position in shares of Tempur Sealy International in the third quarter worth about $48,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Tempur Sealy International by 38.1% in the third quarter. Farther Finance Advisors LLC now owns 1,509 shares of the company's stock worth $82,000 after acquiring an additional 416 shares during the period. Institutional investors own 99.86% of the company's stock.

Tempur Sealy International Trading Up 0.7 %

TPX stock traded up $0.51 during midday trading on Monday, reaching $68.95. 2,993,276 shares of the company traded hands, compared to its average volume of 2,448,250. Tempur Sealy International, Inc. has a 52-week low of $45.04 and a 52-week high of $69.55. The company has a debt-to-equity ratio of 3.95, a quick ratio of 0.65 and a current ratio of 1.14. The business has a 50 day moving average of $59.48 and a 200-day moving average of $54.63. The firm has a market capitalization of $11.97 billion, a price-to-earnings ratio of 31.48, a P/E/G ratio of 2.07 and a beta of 1.64.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TPX. UBS Group upped their price objective on Tempur Sealy International from $67.00 to $78.00 and gave the stock a "buy" rating in a research note on Monday, February 3rd. Bank of America increased their price target on Tempur Sealy International from $73.00 to $79.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. KeyCorp increased their price target on Tempur Sealy International from $70.00 to $74.00 and gave the company an "overweight" rating in a research note on Friday, February 7th. Raymond James dropped their price target on Tempur Sealy International from $57.00 to $55.00 and set a "strong-buy" rating for the company in a research note on Friday, November 1st. Finally, Truist Financial increased their price target on Tempur Sealy International from $63.00 to $69.00 and gave the company a "buy" rating in a research note on Wednesday, January 29th. Nine equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Tempur Sealy International has an average rating of "Buy" and a consensus price target of $73.25.

About Tempur Sealy International

Tempur Sealy 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.