Quantbot Technologies LP Boosts Stake in Signet Jewelers Limited $SIG

Quantbot Technologies LP lifted its holdings in shares of Signet Jewelers Limited (NYSE:SIG) by 137.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,819 shares of the company’s stock after buying an additional 23,646 shares during the period. Quantbot Technologies LP owned approximately 0.10% of Signet Jewelers worth $3,915,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Salomon & Ludwin LLC bought a new position in Signet Jewelers during the 3rd quarter valued at about $31,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Signet Jewelers in the third quarter worth approximately $64,000. EverSource Wealth Advisors LLC raised its holdings in shares of 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 during the last quarter. State of Wyoming bought a new position in Signet Jewelers during the second quarter valued at approximately $69,000. Finally, Smartleaf Asset Management LLC lifted its position in Signet Jewelers by 48.1% during the third quarter. Smartleaf Asset Management LLC now owns 1,146 shares of the company’s stock valued at $111,000 after purchasing an additional 372 shares during the period.

Analysts Set New Price Targets

A number of research firms recently commented on SIG. The Goldman Sachs Group upgraded Signet Jewelers from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. Telsey Advisory Group restated a “market perform” rating and set a $96.00 price target (up from $92.00) on shares of Signet Jewelers in a research note on Tuesday, December 2nd. Stephens started coverage on shares of Signet Jewelers in a research note on Tuesday, November 11th. They issued an “overweight” rating and a $150.00 price objective on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Signet Jewelers in a report on Wednesday, January 21st. Finally, Wells Fargo & Company cut their target price 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. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Signet Jewelers has an average rating of “Moderate Buy” and a consensus target price of $109.67.

Signet Jewelers Price Performance

Signet Jewelers stock opened at $96.20 on Monday. The stock has a market cap of $3.91 billion, a P/E ratio of 28.72, a PEG ratio of 1.06 and a beta of 1.25. Signet Jewelers Limited has a 1 year low of $45.55 and a 1 year high of $110.20. The firm’s 50 day moving average price is $91.23 and its 200-day moving average price is $93.16.

Signet Jewelers (NYSE:SIG) last posted its earnings results on Tuesday, December 2nd. The company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.47. The company 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 for the quarter was up 3.1% on a year-over-year basis. During the same period in the previous 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, equities analysts expect that Signet Jewelers Limited will post 8.73 EPS for the current year.

Signet Jewelers Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, January 23rd were paid a $0.32 dividend. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $1.28 annualized dividend and a dividend yield of 1.3%. Signet Jewelers’s dividend payout ratio is currently 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.