18,654 Shares in Tempur Sealy International, Inc. (NYSE:TPX) Bought by Entropy Technologies LP

Entropy Technologies LP bought a new position in shares of Tempur Sealy International, Inc. (NYSE:TPX - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 18,654 shares of the company's stock, valued at approximately $1,057,000.

Several other institutional investors also recently bought and sold shares of TPX. Wellington Management Group LLP acquired a new stake in Tempur Sealy International in the third quarter valued at approximately $73,981,000. Linonia Partnership LP grew its holdings in Tempur Sealy International by 9.2% in the third quarter. Linonia Partnership LP now owns 4,095,179 shares of the company's stock valued at $223,597,000 after purchasing an additional 345,745 shares during the period. FMR LLC grew its holdings in Tempur Sealy International by 2.0% in the third quarter. FMR LLC now owns 8,678,359 shares of the company's stock valued at $473,838,000 after purchasing an additional 169,848 shares during the period. Maverick Capital Ltd. lifted its position in shares of Tempur Sealy International by 14.2% in the third quarter. Maverick Capital Ltd. now owns 1,117,508 shares of the company's stock valued at $61,016,000 after acquiring an additional 138,800 shares in the last quarter. Finally, Tectonic Advisors LLC purchased a new position in shares of Tempur Sealy International in the fourth quarter valued at approximately $5,229,000. 99.86% of the stock is owned by institutional investors and hedge funds.

Tempur Sealy International Trading Up 0.7 %

Tempur Sealy International stock traded up $0.51 during trading on Friday, reaching $68.95. 2,993,276 shares of the company were exchanged, compared to its average volume of 2,371,009. 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 current ratio of 1.14 and a quick ratio of 0.65. The company has a market capitalization of $11.97 billion, a P/E ratio of 31.48, a PEG ratio of 2.07 and a beta of 1.64. The stock's 50 day simple moving average is $59.21 and its two-hundred day simple moving average is $54.47.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on TPX shares. StockNews.com upgraded Tempur Sealy International from a "hold" rating to a "buy" rating in a research report on Wednesday. Raymond James decreased their target price on Tempur Sealy International from $57.00 to $55.00 and set a "strong-buy" rating on the stock in a research report on Friday, November 1st. Piper Sandler raised their target price on Tempur Sealy International from $65.00 to $76.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. Truist Financial raised their target price on Tempur Sealy International from $63.00 to $69.00 and gave the company a "buy" rating in a research report on Wednesday, January 29th. Finally, Wedbush reiterated an "outperform" rating and set a $80.00 price objective (up previously from $67.00) on shares of Tempur Sealy International in a research report on Monday, February 3rd. Nine equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Tempur Sealy International currently has a consensus 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.