Mitsubishi UFJ Trust & Banking Corp Has $2.37 Million Position in Signet Jewelers Limited $SIG

Mitsubishi UFJ Trust & Banking Corp lessened its holdings in Signet Jewelers Limited (NYSE:SIG) by 28.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 24,751 shares of the company’s stock after selling 9,881 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Signet Jewelers were worth $2,374,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Salomon & Ludwin LLC purchased a new position in Signet Jewelers during the 3rd quarter valued at about $31,000. Ameritas Advisory Services LLC acquired a new stake in shares of Signet Jewelers during the second quarter worth approximately $29,000. EverSource Wealth Advisors LLC grew its position in Signet Jewelers by 171.2% during the second quarter. EverSource Wealth Advisors LLC now owns 678 shares of the company’s stock valued at $54,000 after purchasing an additional 428 shares in the last quarter. State of Wyoming purchased a new position in Signet Jewelers during the second quarter valued at approximately $69,000. Finally, Allworth Financial LP increased its stake in Signet Jewelers by 205.9% in the 2nd quarter. Allworth Financial LP now owns 1,505 shares of the company’s stock valued at $120,000 after buying an additional 1,013 shares during the period.

Signet Jewelers Price Performance

Signet Jewelers stock opened at $92.30 on Friday. Signet Jewelers Limited has a one year low of $45.55 and a one year high of $110.20. The company’s fifty day moving average price is $89.59 and its two-hundred day moving average price is $90.94. The company has a market capitalization of $3.75 billion, a price-to-earnings ratio of 27.55, a PEG ratio of 1.12 and a beta of 1.18.

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, topping the consensus estimate of $0.16 by $0.47. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate 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 was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.25 EPS. Signet Jewelers has set its FY 2026 guidance at 8.430-9.59 EPS. As a group, sell-side analysts anticipate that Signet Jewelers Limited will post 8.73 earnings per share for the current year.

Signet Jewelers Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on SIG shares. Wall Street Zen lowered shares of Signet Jewelers from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Telsey Advisory Group reissued a “market perform” rating and set a $96.00 price objective (up previously from $92.00) on shares of Signet Jewelers in a research report on Tuesday, December 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Signet Jewelers in a research note on Wednesday, January 21st. Zacks Research raised Signet Jewelers from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. Finally, The Goldman Sachs Group upgraded Signet Jewelers from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Signet Jewelers has an average rating of “Moderate Buy” and an average price target of $109.67.

About Signet Jewelers

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.