Signet Jewelers Limited (NYSE:SIG) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Signet Jewelers Limited (NYSE:SIG) have been assigned a consensus rating of “Moderate Buy” from the nine research firms that are covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $105.3750.

SIG has been the subject of a number of research analyst reports. Wall Street Zen raised shares of Signet Jewelers from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Wells Fargo & Company lowered their price target on shares of Signet Jewelers from $100.00 to $90.00 and set an “equal weight” rating for the company in a report on Wednesday. Weiss Ratings restated a “hold (c)” rating on shares of Signet Jewelers in a research report on Wednesday, October 8th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $96.00 price objective (up previously from $92.00) on shares of Signet Jewelers in a report on Tuesday. Finally, Bank of America lifted their target price on Signet Jewelers from $90.00 to $100.00 and gave the company a “neutral” rating in a research note on Wednesday, September 3rd.

Signet Jewelers Stock Performance

Shares of SIG stock opened at $84.93 on Friday. Signet Jewelers has a 52 week low of $45.55 and a 52 week high of $110.20. The stock has a market capitalization of $3.48 billion, a PE ratio of 25.35, a PEG ratio of 1.00 and a beta of 1.12. The stock’s fifty day moving average is $98.62 and its 200-day moving average is $87.49.

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

Signet Jewelers Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, January 23rd will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Friday, January 23rd. Signet Jewelers’s dividend payout ratio (DPR) is presently 42.95%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SIG. Vanguard Group Inc. grew its position in shares of Signet Jewelers by 8.1% during the 1st quarter. Vanguard Group Inc. now owns 5,205,964 shares of the company’s stock worth $302,258,000 after buying an additional 389,852 shares during the period. Dimensional Fund Advisors LP boosted its stake in Signet Jewelers by 1.9% in the third quarter. Dimensional Fund Advisors LP now owns 2,346,165 shares of the company’s stock valued at $225,046,000 after acquiring an additional 43,925 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Signet Jewelers by 175.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,859,503 shares of the company’s stock valued at $107,963,000 after acquiring an additional 1,183,214 shares during the last quarter. American Century Companies Inc. grew its holdings in Signet Jewelers by 12.3% during the 3rd quarter. American Century Companies Inc. now owns 1,592,735 shares of the company’s stock worth $152,775,000 after acquiring an additional 174,873 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Signet Jewelers by 9.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 944,668 shares of the company’s stock valued at $90,613,000 after acquiring an additional 82,899 shares during the last quarter.

About Signet Jewelers

Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Outlet, Zales Jewelers, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through its digital banners, James Allen and Blue Nile.