Signet Jewelers (NYSE:SIG – Free Report) had its target price boosted by UBS Group from $118.00 to $126.00 in a research report report published on Friday morning,Benzinga reports. They currently have a buy rating on the stock.
Several other research firms have also issued reports on SIG. The Goldman Sachs Group upgraded shares of Signet Jewelers from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 21st. Jefferies Financial Group reiterated a “buy” rating on shares of Signet Jewelers in a report on Monday, March 9th. Wall Street Zen raised shares of Signet Jewelers from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 14th. Wells Fargo & Company raised their price objective on shares of Signet Jewelers from $90.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Friday. Finally, Zacks Research cut Signet Jewelers from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $112.00.
Get Our Latest Report on Signet Jewelers
Signet Jewelers Stock Performance
Signet Jewelers (NYSE:SIG – Get Free Report) last posted its quarterly earnings data on Thursday, March 19th. The company reported $6.25 EPS for the quarter, topping the consensus estimate of $6.11 by $0.14. Signet Jewelers had a net margin of 4.32% and a return on equity of 22.22%. The company had revenue of ($4,468.50) million during the quarter, compared to analyst estimates of $2.33 billion. During the same period in the previous year, the firm earned $6.62 earnings per share. Signet Jewelers’s quarterly revenue was down .3% compared to the same quarter last year. Equities analysts forecast that Signet Jewelers will post 8.73 EPS for the current year.
Signet Jewelers Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, April 24th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 1.6%. This is a boost from Signet Jewelers’s previous quarterly dividend of $0.32. The ex-dividend date is Friday, April 24th. Signet Jewelers’s dividend payout ratio (DPR) is 38.21%.
Institutional Investors Weigh In On Signet Jewelers
A number of large investors have recently modified their holdings of the business. Salomon & Ludwin LLC acquired a new position in shares of Signet Jewelers during the third quarter valued at about $31,000. Richardson Financial Services Inc. acquired a new stake in Signet Jewelers in the 4th quarter worth approximately $31,000. Farther Finance Advisors LLC boosted its stake in Signet Jewelers by 48.6% in the 4th quarter. Farther Finance Advisors LLC now owns 379 shares of the company’s stock worth $31,000 after purchasing an additional 124 shares in the last quarter. Brown Brothers Harriman & Co. purchased a new stake in Signet Jewelers during the 4th quarter worth approximately $39,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in Signet Jewelers by 111.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 633 shares of the company’s stock worth $52,000 after purchasing an additional 333 shares during the last quarter.
More Signet Jewelers News
Here are the key news stories impacting Signet Jewelers this week:
- Positive Sentiment: Q4 earnings beat expectations and Signet raised its quarterly dividend, driving bullish investor reaction; management highlighted holiday strength and resilient free cash flow. SIG Stock Gains 14% After Q4 Earnings Beat, FY27 View Signals Momentum
- Positive Sentiment: Analysts upgraded forecasts and lifted models after the strong quarter; several brokerages raised price targets, supporting further upside potential. Signet Jewelers Analysts Boost Their Forecasts After Strong Q4 Results
- Positive Sentiment: UBS raised its price target materially (to $126) and maintained a buy rating, signaling conviction among some institutional investors. Benzinga
- Neutral Sentiment: Wells Fargo lifted its target to $100 but kept an equal‑weight rating, reflecting mixed views on upside vs. near‑term risks. Benzinga
- Neutral Sentiment: Signet announced a strategic brand move to sunset the James Allen website and fold the brand into a Blue Nile collection—a consolidation that could simplify the portfolio but carries integration work. Signet to Sunset James Allen Website, Convert Brand to Blue Nile Collection
- Negative Sentiment: Management gave a tepid FY‑27 outlook and flagged margin pressure and a cautious consumer, which triggered sharp intraday selling on the initial release and remains the principal reason upside has been capped. Signet Jewelers 4Q Profit Rises; Gives Tepid FY Outlook
- Negative Sentiment: Analyst notes and commentary warn of rising execution risk from an acquisition spree and brand overhaul, which could pressure margins and add strategic uncertainty. Signet Jewelers’ Acquisition Spree and Brand Overhaul: Rising Execution Risks, Margin Pressure, and Strategic Uncertainty
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.
Further Reading
Receive News & Ratings for Signet Jewelers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Signet Jewelers and related companies with MarketBeat.com's FREE daily email newsletter.
