Pacer Advisors Inc. Sells 70,954 Shares of Signet Jewelers Limited $SIG

Pacer Advisors Inc. decreased its holdings in shares of Signet Jewelers Limited (NYSE:SIG) by 23.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 225,688 shares of the company’s stock after selling 70,954 shares during the quarter. Pacer Advisors Inc.’s holdings in Signet Jewelers were worth $21,648,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SIG. Ameritas Advisory Services LLC bought a new position in shares of Signet Jewelers in the second quarter valued at about $29,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Signet Jewelers by 171.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 678 shares of the company’s stock worth $54,000 after buying an additional 428 shares during the period. State of Wyoming acquired a new position in Signet Jewelers in the 2nd quarter valued at about $69,000. Quarry LP bought a new position in Signet Jewelers in the 1st quarter valued at about $54,000. Finally, Allworth Financial LP raised its holdings 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 acquiring an additional 1,013 shares during the period.

Signet Jewelers Price Performance

Signet Jewelers stock opened at $85.04 on Friday. The firm has a market cap of $3.46 billion, a PE ratio of 25.39, a price-to-earnings-growth ratio of 1.04 and a beta of 1.12. The stock’s fifty day moving average price is $94.95 and its two-hundred day moving average price is $89.51. Signet Jewelers Limited has a one year low of $45.55 and a one year high of $110.20.

Signet Jewelers (NYSE:SIG) last released its earnings results on Tuesday, December 2nd. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.47. Signet Jewelers had a return on equity of 24.44% and a net margin of 2.13%.The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the prior year, the company posted $0.25 EPS. The company’s revenue was up 3.1% compared to the same quarter last year. Signet Jewelers has set its FY 2026 guidance at 8.430-9.59 EPS. Sell-side analysts expect that Signet Jewelers Limited 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. Shareholders of record on Friday, January 23rd will be paid a dividend of $0.32 per share. 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 is presently 38.21%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on SIG shares. Wall Street Zen upgraded Signet Jewelers from a “buy” rating to a “strong-buy” rating in a report on Saturday. Jefferies Financial Group lifted their price target on Signet Jewelers from $130.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Citigroup upped their price objective on Signet Jewelers from $100.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, September 3rd. Bank of America increased their price objective on Signet Jewelers from $90.00 to $100.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $96.00 target price (up previously from $92.00) on shares of Signet Jewelers in a research report on Tuesday, December 2nd. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus 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.