28,014 Shares in Signet Jewelers Limited $SIG Bought by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC bought a new position in shares of Signet Jewelers Limited (NYSE:SIG) in the 2nd quarter, Holdings Channel.com reports. The firm bought 28,014 shares of the company’s stock, valued at approximately $2,229,000.

A number of other large investors also recently added to or reduced their stakes in SIG. Nisa Investment Advisors LLC raised its holdings in shares of Signet Jewelers by 3.3% in the first quarter. Nisa Investment Advisors LLC now owns 10,784 shares of the company’s stock worth $626,000 after buying an additional 344 shares during the period. Allworth Financial LP boosted its position in Signet Jewelers by 946.8% during the first quarter. Allworth Financial LP now owns 492 shares of the company’s stock valued at $29,000 after purchasing an additional 445 shares in the last quarter. Cerity Partners LLC boosted its holdings in shares of Signet Jewelers by 7.2% in the 1st quarter. Cerity Partners LLC now owns 11,357 shares of the company’s stock valued at $659,000 after buying an additional 766 shares in the last quarter. CWM LLC grew its holdings in Signet Jewelers by 748.8% in the first quarter. CWM LLC now owns 6,841 shares of the company’s stock worth $397,000 after purchasing an additional 6,035 shares during the last quarter. Finally, Edgestream Partners L.P. purchased a new position in Signet Jewelers during the 1st quarter worth $3,020,000.

Signet Jewelers Stock Performance

Shares of NYSE:SIG opened at $102.92 on Wednesday. Signet Jewelers Limited has a one year low of $45.55 and a one year high of $110.20. The company has a 50-day simple moving average of $97.52 and a 200-day simple moving average of $83.85. The stock has a market capitalization of $4.21 billion, a price-to-earnings ratio of 34.54, a PEG ratio of 1.17 and a beta of 1.30.

Signet Jewelers (NYSE:SIG) last announced its quarterly earnings data on Tuesday, September 2nd. The company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.40. Signet Jewelers had a return on equity of 23.42% and a net margin of 1.95%.The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the previous year, the company earned $1.25 EPS. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. Signet Jewelers has set its FY 2026 guidance at 8.040-9.570 EPS. Q3 2026 guidance at EPS. As a group, research analysts forecast that Signet Jewelers Limited will post 8.73 EPS for the current fiscal year.

Signet Jewelers Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, October 24th will be given a $0.32 dividend. The ex-dividend date is Friday, October 24th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.2%. Signet Jewelers’s dividend payout ratio (DPR) is currently 42.95%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Wells Fargo & Company raised their price target on shares of Signet Jewelers from $90.00 to $100.00 and gave the stock an “equal weight” rating in a report on Thursday, October 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Signet Jewelers in a research report on Wednesday, October 8th. UBS Group upped their target price on Signet Jewelers from $95.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Telsey Advisory Group restated a “market perform” rating and set a $92.00 price target on shares of Signet Jewelers in a research report on Tuesday, September 2nd. Finally, Citigroup lifted their target price on shares of Signet Jewelers from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $105.50.

About Signet Jewelers

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.