CHICAGO TRUST Co NA Acquires Shares of 3,810 Tempur Sealy International, Inc. (NYSE:TPX)

CHICAGO TRUST Co NA bought a new position in Tempur Sealy International, Inc. (NYSE:TPX) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 3,810 shares of the company’s stock, valued at approximately $208,000.

Several other institutional investors have also recently made changes to their positions in TPX. Vanguard Group Inc. lifted its stake in Tempur Sealy International by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 15,924,287 shares of the company’s stock worth $811,661,000 after purchasing an additional 108,801 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Tempur Sealy International by 13.9% during the 1st quarter. GAMMA Investing LLC now owns 2,635 shares of the company’s stock worth $150,000 after acquiring an additional 322 shares during the last quarter. Rise Advisors LLC purchased a new position in Tempur Sealy International during the 1st quarter valued at $27,000. Artemis Investment Management LLP bought a new position in Tempur Sealy International in the 1st quarter valued at $7,076,000. Finally, Diversified Trust Co increased its stake in Tempur Sealy International by 17.0% in the first quarter. Diversified Trust Co now owns 61,974 shares of the company’s stock worth $3,521,000 after purchasing an additional 9,000 shares during the period. Institutional investors own 99.86% of the company’s stock.

Analysts Set New Price Targets

TPX has been the topic of a number of research analyst reports. Truist Financial cut their price target on shares of Tempur Sealy International from $65.00 to $58.00 and set a “buy” rating on the stock in a report on Wednesday, July 10th. Wedbush downgraded shares of Tempur Sealy International from an “outperform” rating to a “neutral” rating and set a $52.00 target price on the stock. in a research note on Wednesday, September 4th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $61.00 price target on shares of Tempur Sealy International in a research note on Wednesday, July 3rd. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $60.67.

Tempur Sealy International Price Performance

Shares of TPX opened at $50.60 on Tuesday. The stock has a market capitalization of $8.79 billion, a PE ratio of 24.10, a PEG ratio of 2.18 and a beta of 1.59. The company has a 50 day moving average price of $51.60 and a 200-day moving average price of $50.83. The company has a debt-to-equity ratio of 5.92, a quick ratio of 0.68 and a current ratio of 1.21. Tempur Sealy International, Inc. has a fifty-two week low of $36.12 and a fifty-two week high of $57.13.

Tempur Sealy International (NYSE:TPX) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.63 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.01). The company had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.28 billion. Tempur Sealy International had a net margin of 7.65% and a return on equity of 135.46%. The company’s revenue was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.58 earnings per share. Equities analysts predict that Tempur Sealy International, Inc. will post 2.53 earnings per share for the current fiscal year.

Tempur Sealy International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Stockholders of record on Thursday, August 15th were given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date was Thursday, August 15th. Tempur Sealy International’s payout ratio is currently 24.76%.

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.