Vanguard Group Inc. Has $481.14 Million Position in Signet Jewelers Limited $SIG

Vanguard Group Inc. decreased its holdings in shares of Signet Jewelers Limited (NYSE:SIG) by 1.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,016,030 shares of the company’s stock after selling 48,155 shares during the quarter. Vanguard Group Inc. owned approximately 0.12% of Signet Jewelers worth $481,138,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada lifted its stake in shares of Signet Jewelers by 87.2% during the 1st quarter. Royal Bank of Canada now owns 17,564 shares of the company’s stock worth $1,020,000 after buying an additional 8,183 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Signet Jewelers by 33.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 849,692 shares of the company’s stock valued at $49,333,000 after acquiring an additional 213,365 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Signet Jewelers by 9.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 122,573 shares of the company’s stock valued at $7,117,000 after acquiring an additional 10,964 shares during the period. Nisa Investment Advisors LLC lifted its position in Signet Jewelers by 2.1% during the second quarter. Nisa Investment Advisors LLC now owns 11,008 shares of the company’s stock worth $876,000 after acquiring an additional 224 shares during the last quarter. Finally, Envestnet Asset Management Inc. bought a new stake in shares of Signet Jewelers during the second quarter worth approximately $599,000.

Signet Jewelers Trading Up 1.2%

Shares of NYSE:SIG opened at $98.16 on Thursday. The firm has a 50 day moving average of $90.62 and a 200-day moving average of $92.80. Signet Jewelers Limited has a 12 month low of $45.55 and a 12 month high of $110.20. The stock has a market capitalization of $3.99 billion, a PE ratio of 29.30, a PEG ratio of 1.06 and a beta of 1.28.

Signet Jewelers (NYSE:SIG) last announced its quarterly earnings data on Tuesday, December 2nd. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.47. Signet Jewelers had a net margin of 2.13% and a return on equity of 24.44%. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same period last year, the firm posted $0.25 earnings per share. The firm’s quarterly 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. On average, research analysts predict that Signet Jewelers Limited will post 8.73 EPS for the current fiscal year.

Signet Jewelers Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, January 23rd were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Friday, January 23rd. Signet Jewelers’s dividend payout ratio is currently 38.21%.

Analyst Upgrades and Downgrades

SIG has been the topic of a number of recent research reports. The Goldman Sachs Group upgraded Signet Jewelers from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 21st. Jefferies Financial Group increased their price objective on Signet Jewelers from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Signet Jewelers in a research report on Wednesday, January 21st. UBS Group reaffirmed a “buy” rating on shares of Signet Jewelers in a research report on Wednesday, December 31st. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $96.00 price objective (up from $92.00) on shares of Signet Jewelers in a research note on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.