Toronto Dominion Bank Has $1.87 Million Stock Holdings in Tempur Sealy International, Inc. (NYSE:TPX)

Toronto Dominion Bank increased its stake in shares of Tempur Sealy International, Inc. (NYSE:TPX) by 0.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,820 shares of the company’s stock after buying an additional 210 shares during the period. Toronto Dominion Bank’s holdings in Tempur Sealy International were worth $1,865,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new position in shares of Tempur Sealy International in the first quarter worth about $26,000. Rise Advisors LLC bought a new position in Tempur Sealy International in the 1st quarter worth approximately $27,000. Principal Securities Inc. acquired a new position in Tempur Sealy International during the 4th quarter worth $40,000. J.Safra Asset Management Corp increased its stake in shares of Tempur Sealy International by 80.0% in the 1st quarter. J.Safra Asset Management Corp now owns 1,028 shares of the company’s stock valued at $58,000 after buying an additional 457 shares during the period. Finally, International Assets Investment Management LLC increased its stake in shares of Tempur Sealy International by 4,996.3% in the 4th quarter. International Assets Investment Management LLC now owns 1,376 shares of the company’s stock valued at $70,000 after buying an additional 1,349 shares during the period. Institutional investors own 99.86% of the company’s stock.

Tempur Sealy International Price Performance

Tempur Sealy International stock opened at $52.31 on Friday. The firm has a market capitalization of $9.08 billion, a P/E ratio of 25.90, a PEG ratio of 1.69 and a beta of 1.60. The business has a 50-day moving average of $49.37 and a 200-day moving average of $51.17. The company has a current ratio of 1.21, a quick ratio of 0.70 and a debt-to-equity ratio of 7.74. Tempur Sealy International, Inc. has a 1 year low of $36.12 and a 1 year high of $57.13.

Tempur Sealy International (NYSE:TPX) last issued its quarterly earnings data on Tuesday, May 7th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. The firm had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Tempur Sealy International had a net margin of 7.32% and a return on equity of 168.59%. The business’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.53 earnings per share. On average, equities analysts anticipate that Tempur Sealy International, Inc. will post 2.66 EPS for the current year.

Tempur Sealy International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 30th. Investors of record on Thursday, May 16th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend was Wednesday, May 15th. Tempur Sealy International’s payout ratio is presently 25.74%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Wedbush reiterated an “outperform” rating and issued a $55.00 price target on shares of Tempur Sealy International in a report on Monday, July 22nd. Truist Financial cut their target price on shares of Tempur Sealy International from $65.00 to $58.00 and set a “buy” rating on the stock in a research report on Wednesday, July 10th. Finally, Piper Sandler reiterated an “overweight” rating and set a $61.00 price target on shares of Tempur Sealy International in a research report on Wednesday, July 3rd. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $60.14.

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.