Kieckhefer Group LLC Buys Shares of 17,532 Tempur Sealy International, Inc. (NYSE:TPX)

Kieckhefer Group LLC purchased a new position in Tempur Sealy International, Inc. (NYSE:TPX - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 17,532 shares of the company's stock, valued at approximately $994,000. Tempur Sealy International makes up 0.6% of Kieckhefer Group LLC's portfolio, making the stock its 20th largest position.

Several other large investors also recently added to or reduced their stakes in TPX. Qsemble Capital Management LP bought a new stake in shares of Tempur Sealy International in the 3rd quarter valued at approximately $867,000. Makena Capital Management LLC lifted its position in Tempur Sealy International by 4.9% in the third quarter. Makena Capital Management LLC now owns 205,205 shares of the company's stock worth $11,204,000 after buying an additional 9,554 shares during the last quarter. Forest Avenue Capital Management LP lifted its position in Tempur Sealy International by 52.2% in the second quarter. Forest Avenue Capital Management LP now owns 857,722 shares of the company's stock worth $40,605,000 after buying an additional 294,222 shares during the last quarter. Cerity Partners LLC boosted its stake in Tempur Sealy International by 27.4% during the third quarter. Cerity Partners LLC now owns 69,578 shares of the company's stock worth $3,799,000 after buying an additional 14,964 shares during the period. Finally, Repertoire Partners LP increased its position in Tempur Sealy International by 33.2% during the third quarter. Repertoire Partners LP now owns 39,959 shares of the company's stock valued at $2,182,000 after acquiring an additional 9,959 shares during the last quarter. 99.86% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Raymond James reduced their price objective on shares of 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. Truist Financial upped their target price on Tempur Sealy International from $58.00 to $63.00 and gave the company a "buy" rating in a research note on Friday. Finally, Wedbush raised their price target on Tempur Sealy International from $49.00 to $55.00 and gave the stock a "neutral" rating in a research note on Friday, November 8th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $61.50.

Tempur Sealy International Trading Up 1.5 %

TPX stock traded up $0.83 during mid-day trading on Monday, reaching $55.97. The company had a trading volume of 1,133,930 shares, compared to its average volume of 1,087,004. The firm has a 50 day moving average of $55.19 and a 200 day moving average of $52.22. The company has a debt-to-equity ratio of 3.95, a current ratio of 1.14 and a quick ratio of 0.65. Tempur Sealy International, Inc. has a 12 month low of $45.04 and a 12 month high of $58.44. The company has a market capitalization of $9.72 billion, a PE ratio of 25.56, a price-to-earnings-growth ratio of 2.12 and a beta of 1.63.

Tempur Sealy International (NYSE:TPX - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.81 by $0.01. Tempur Sealy International had a return on equity of 108.66% and a net margin of 7.96%. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the business posted $0.77 EPS. Tempur Sealy International's quarterly revenue was up 1.8% on a year-over-year basis. On average, equities analysts predict that Tempur Sealy International, Inc. will post 2.51 earnings per share for the current fiscal year.

Tempur Sealy International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date was Thursday, November 21st. Tempur Sealy International's dividend payout ratio (DPR) is 23.74%.

Tempur Sealy International Profile

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.