Signet Jewelers Limited $SIG Shares Bought by LSV Asset Management

LSV Asset Management raised its stake in Signet Jewelers Limited (NYSE:SIG) by 263.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 567,300 shares of the company’s stock after purchasing an additional 411,200 shares during the period. LSV Asset Management’s holdings in Signet Jewelers were worth $54,415,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Ameritas Advisory Services LLC acquired a new position in Signet Jewelers in the second quarter worth about $29,000. Salomon & Ludwin LLC acquired a new position in shares of Signet Jewelers in the 3rd quarter worth approximately $31,000. EverSource Wealth Advisors LLC increased its holdings in shares of Signet Jewelers by 171.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 678 shares of the company’s stock valued at $54,000 after acquiring an additional 428 shares during the last quarter. State of Wyoming acquired a new stake in shares of Signet Jewelers during the 2nd quarter valued at approximately $69,000. Finally, Smartleaf Asset Management LLC lifted its stake in Signet Jewelers by 48.1% during the third quarter. Smartleaf Asset Management LLC now owns 1,146 shares of the company’s stock worth $111,000 after purchasing an additional 372 shares during the last quarter.

Wall Street Analyst Weigh In

A number of research firms have commented on SIG. Stephens assumed coverage on shares of Signet Jewelers in a research note on Tuesday, November 11th. They set an “overweight” rating and a $150.00 target price for the company. The Goldman Sachs Group upgraded shares of Signet Jewelers from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Wells Fargo & Company cut their target price on shares of Signet Jewelers from $100.00 to $90.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 3rd. UBS Group reaffirmed a “buy” rating on shares of Signet Jewelers in a report on Wednesday, December 31st. Finally, Wall Street Zen downgraded Signet Jewelers from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Signet Jewelers currently has a consensus rating of “Moderate Buy” and a consensus target price of $109.67.

Signet Jewelers Trading Down 3.4%

NYSE SIG opened at $89.19 on Friday. The company has a 50-day moving average price of $89.18 and a two-hundred day moving average price of $91.61. Signet Jewelers Limited has a 52 week low of $45.55 and a 52 week high of $110.20. The stock has a market cap of $3.63 billion, a price-to-earnings ratio of 26.62, a price-to-earnings-growth ratio of 1.01 and a beta of 1.28.

Signet Jewelers (NYSE:SIG) last issued its quarterly earnings data on Tuesday, December 2nd. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.47. Signet Jewelers had a return on equity of 24.44% and a net margin of 2.13%.The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the previous year, the firm posted $0.25 earnings per share. The business’s revenue was up 3.1% on a year-over-year basis. Signet Jewelers has set its FY 2026 guidance at 8.430-9.59 EPS. As a group, equities research analysts expect that Signet Jewelers Limited will post 8.73 earnings per share for the current fiscal year.

Signet Jewelers Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Friday, January 23rd will be paid a $0.32 dividend. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. Signet Jewelers’s dividend payout ratio is presently 38.21%.

Signet Jewelers Company Profile

Signet Jewelers Ltd is the world’s largest retailer of diamond jewelry, operating a diversified network of retail stores across the United States, Canada, the United Kingdom and Ireland. Its portfolio includes well-established banners such as Kay Jewelers, Zales, Jared The Galleria of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda, offering customers a range of shopping environments from suburban malls to high-street locations.

The company’s product assortment encompasses engagement rings, wedding bands, fine fashion jewelry and timepieces, complemented by services including jewelry cleaning, repairs, appraisals and extended care plans.