92,244 Shares in Tempur Sealy International, Inc. (NYSE:TPX) Bought by Tectonic Advisors LLC

Tectonic Advisors LLC acquired a new stake in Tempur Sealy International, Inc. (NYSE:TPX - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 92,244 shares of the company's stock, valued at approximately $5,229,000. Tectonic Advisors LLC owned approximately 0.05% of Tempur Sealy International as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Trust Point Inc. bought a new position in shares of Tempur Sealy International in the fourth quarter worth approximately $216,000. Custom Index Systems LLC grew its holdings in Tempur Sealy International by 34.8% in the 4th quarter. Custom Index Systems LLC now owns 9,075 shares of the company's stock worth $514,000 after acquiring an additional 2,344 shares during the last quarter. Nilsine Partners LLC grew its holdings in Tempur Sealy International by 3.8% in the 4th quarter. Nilsine Partners LLC now owns 190,691 shares of the company's stock worth $10,810,000 after acquiring an additional 6,900 shares during the last quarter. KBC Group NV raised its stake in shares of Tempur Sealy International by 52.1% during the fourth quarter. KBC Group NV now owns 7,031 shares of the company's stock valued at $399,000 after acquiring an additional 2,407 shares during the last quarter. Finally, Blue Trust Inc. raised its stake in shares of Tempur Sealy International by 55.0% during the fourth quarter. Blue Trust Inc. now owns 3,766 shares of the company's stock valued at $206,000 after acquiring an additional 1,337 shares during the last quarter. Institutional investors own 99.86% of the company's stock.

Tempur Sealy International Stock Down 1.3 %

NYSE:TPX traded down $0.82 during mid-day trading on Friday, hitting $64.44. 2,275,720 shares of the company's stock were exchanged, compared to its average volume of 2,448,250. 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 cap of $11.19 billion, a PE ratio of 29.43, a P/E/G ratio of 2.07 and a beta of 1.64. The business has a fifty day moving average price of $58.08 and a 200 day moving average price of $53.95. Tempur Sealy International, Inc. has a one year low of $45.04 and a one year high of $68.53.

Tempur Sealy International (NYSE:TPX - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.81 by $0.01. Tempur Sealy International had a net margin of 7.96% and a return on equity of 108.66%. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the firm posted $0.77 EPS. Tempur Sealy International's revenue for the quarter was up 1.8% on a year-over-year basis. Equities analysts predict that Tempur Sealy International, Inc. will post 2.52 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on TPX shares. Piper Sandler lifted their price objective on Tempur Sealy International from $65.00 to $76.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. William Blair raised shares of Tempur Sealy International from a "market perform" rating to an "outperform" rating in a research report on Wednesday. UBS Group lifted their target price on shares of Tempur Sealy International from $67.00 to $78.00 and gave the company a "buy" rating in a research note on Monday, February 3rd. KeyCorp increased their price target on shares of Tempur Sealy International from $70.00 to $74.00 and gave the stock an "overweight" rating in a research note on Friday. Finally, Wedbush reaffirmed an "outperform" rating and set a $80.00 price objective (up from $67.00) on shares of Tempur Sealy International in a research report on Monday, February 3rd. Eight analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Tempur Sealy International currently has an average rating of "Buy" and a consensus target price of $71.75.

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.