Oliver Luxxe Assets LLC Takes $2.52 Million Position in Signet Jewelers Limited $SIG

Oliver Luxxe Assets LLC bought a new stake in Signet Jewelers Limited (NYSE:SIG) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 26,314 shares of the company’s stock, valued at approximately $2,524,000. Oliver Luxxe Assets LLC owned 0.06% of Signet Jewelers as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of SIG. Nisa Investment Advisors LLC increased its stake in Signet Jewelers by 1.5% during the third quarter. Nisa Investment Advisors LLC now owns 11,169 shares of the company’s stock worth $1,071,000 after acquiring an additional 161 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Signet Jewelers during the 3rd quarter worth approximately $3,873,000. Simon Quick Advisors LLC increased its position in Signet Jewelers by 5.4% during the 3rd quarter. Simon Quick Advisors LLC now owns 6,069 shares of the company’s stock worth $582,000 after purchasing an additional 309 shares in the last quarter. Salomon & Ludwin LLC purchased a new position in Signet Jewelers in the third quarter valued at approximately $31,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al grew its stake in Signet Jewelers by 3.6% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 14,412 shares of the company’s stock worth $1,382,000 after buying an additional 500 shares during the period.

Signet Jewelers Price Performance

Shares of SIG opened at $84.21 on Friday. The stock has a market capitalization of $3.43 billion, a PE ratio of 25.14, a price-to-earnings-growth ratio of 1.03 and a beta of 1.18. The business’s fifty day moving average price is $91.75 and its 200 day moving average price is $89.96. Signet Jewelers Limited has a 12-month low of $45.55 and a 12-month high of $110.20.

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

Signet Jewelers Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Friday, January 23rd will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $1.28 annualized dividend and a yield of 1.5%. Signet Jewelers’s dividend payout ratio (DPR) is presently 38.21%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. UBS Group reaffirmed a “buy” rating on shares of Signet Jewelers in a research report on Wednesday, December 31st. The Goldman Sachs Group initiated coverage on Signet Jewelers in a research report on Thursday, December 11th. They set a “neutral” rating and a $96.00 price target on the stock. Wells Fargo & Company lowered their price objective on shares of Signet Jewelers from $100.00 to $90.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 3rd. Stephens began coverage on shares of Signet Jewelers in a research report on Tuesday, November 11th. They set an “overweight” rating and a $150.00 target price on the stock. Finally, Telsey Advisory Group restated a “market perform” rating and issued a $96.00 target price (up from $92.00) on shares of Signet Jewelers in a research note on Tuesday, December 2nd. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Signet Jewelers presently has a consensus rating of “Moderate Buy” and a consensus target price of $109.67.

Signet Jewelers 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.