Signet Jewelers Limited (NYSE:SIG) Given Average Rating of “Hold” by Analysts

Shares of Signet Jewelers Limited (NYSE:SIG) have been assigned an average rating of “Hold” from the eight ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $97.7143.

SIG has been the subject of a number of research analyst reports. Bank of America boosted their target price on shares of Signet Jewelers from $90.00 to $100.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Signet Jewelers in a research report on Wednesday, October 8th. Wells Fargo & Company reaffirmed a “cautious” rating on shares of Signet Jewelers in a report on Tuesday, September 2nd. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $92.00 price target on shares of Signet Jewelers in a research report on Tuesday, September 2nd. Finally, Citigroup increased their price objective on Signet Jewelers from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd.

Signet Jewelers Trading Down 0.4%

Shares of NYSE:SIG opened at $104.37 on Thursday. The stock has a market capitalization of $4.27 billion, a PE ratio of 35.02, a P/E/G ratio of 1.21 and a beta of 1.23. Signet Jewelers has a 1 year low of $45.55 and a 1 year high of $110.20. The firm has a fifty day moving average price of $93.27 and a 200 day moving average price of $78.93.

Signet Jewelers (NYSE:SIG) last released its quarterly earnings results on Tuesday, September 2nd. The company reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.40. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.50 billion. Signet Jewelers had a return on equity of 23.42% and a net margin of 1.95%.The firm’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.25 EPS. Signet Jewelers has set its FY 2026 guidance at 8.040-9.570 EPS. Q3 2026 guidance at EPS. On average, sell-side analysts forecast 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, November 21st. Shareholders of record on Friday, October 24th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Friday, October 24th. This represents a $1.28 dividend on an annualized basis and a yield of 1.2%. Signet Jewelers’s dividend payout ratio is 42.95%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SIG. Salomon & Ludwin LLC bought a new stake in shares of Signet Jewelers in the third quarter valued at about $31,000. Ameritas Advisory Services LLC bought a new stake in shares of Signet Jewelers in the 2nd quarter worth approximately $29,000. Brooklyn Investment Group lifted its position in shares of Signet Jewelers by 42,700.0% in the 1st quarter. Brooklyn Investment Group now owns 428 shares of the company’s stock worth $25,000 after acquiring an additional 427 shares during the period. Allworth Financial LP grew its holdings in shares of Signet Jewelers by 946.8% during the 1st quarter. Allworth Financial LP now owns 492 shares of the company’s stock worth $29,000 after purchasing an additional 445 shares in the last quarter. Finally, Headlands Technologies LLC bought a new stake in shares of Signet Jewelers during the first quarter valued at approximately $36,000.

Signet Jewelers Company Profile

Signet Jewelers Limited operates as a diamond jewelry retailer. It operates through three segments: North America, International, and Other. The North America segment operates jewelry stores in jewelry stores in malls, mall-based kiosks, and off-mall locations in the United States and Canada primarily under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared Vault, Zales Outlet, Zales Jewelers, Diamonds Direct, James Allen, Banter by Piercing Pagoda, and Peoples Jewellers names, as well as operates online through its digital banners, James Allen and Blue Nile.