Signet Jewelers Limited (NYSE:SIG) Given Average Recommendation of “Moderate Buy” by Brokerages

Signet Jewelers Limited (NYSE:SIG) has been given an average recommendation of “Moderate Buy” by the eleven analysts that are presently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $109.6667.

Several research analysts have recently commented on SIG shares. Telsey Advisory Group restated a “market perform” rating and set a $96.00 price target (up previously from $92.00) on shares of Signet Jewelers in a research note on Tuesday, December 2nd. Wells Fargo & Company decreased 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 report on Wednesday, December 3rd. UBS Group restated a “buy” rating on shares of Signet Jewelers in a report on Wednesday, December 31st. Wall Street Zen raised Signet Jewelers from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Zacks Research upgraded Signet Jewelers from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 19th.

Institutional Trading of Signet Jewelers

Large investors have recently modified their holdings of the company. Convergence Investment Partners LLC bought a new position in shares of Signet Jewelers during the 3rd quarter worth about $1,447,000. Universal Beteiligungs und Servicegesellschaft mbH raised its position in Signet Jewelers by 149.1% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 33,882 shares of the company’s stock worth $3,250,000 after purchasing an additional 20,282 shares in the last quarter. Public Sector Pension Investment Board lifted its stake in Signet Jewelers by 9.8% during the third quarter. Public Sector Pension Investment Board now owns 160,534 shares of the company’s stock worth $15,398,000 after purchasing an additional 14,291 shares during the period. LSV Asset Management boosted its holdings in Signet Jewelers by 263.4% during the third quarter. LSV Asset Management now owns 567,300 shares of the company’s stock valued at $54,415,000 after purchasing an additional 411,200 shares in the last quarter. Finally, Illinois Municipal Retirement Fund grew its stake in shares of Signet Jewelers by 6.6% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 95,805 shares of the company’s stock valued at $9,190,000 after purchasing an additional 5,953 shares during the period.

Signet Jewelers Price Performance

SIG opened at $95.38 on Wednesday. The company has a market capitalization of $3.88 billion, a PE ratio of 28.47, a price-to-earnings-growth ratio of 0.99 and a beta of 1.28. The business has a 50-day moving average of $89.54 and a 200-day moving average of $92.04. Signet Jewelers has a fifty-two week low of $45.55 and a fifty-two week high of $110.20.

Signet Jewelers (NYSE:SIG) last released its quarterly earnings data on Tuesday, December 2nd. The company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.47. The firm had revenue of $1.39 billion for 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 earnings per share. Signet Jewelers has set its FY 2026 guidance at 8.430-9.59 EPS. On average, equities research analysts expect that Signet Jewelers will post 8.73 earnings per share for the current fiscal year.

Signet Jewelers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Shareholders of record on Friday, January 23rd will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, January 23rd. Signet Jewelers’s dividend payout ratio (DPR) is 38.21%.

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.