Grace & White Inc. NY Has $19.87 Million Position in Signet Jewelers Limited $SIG

Grace & White Inc. NY increased its stake in Signet Jewelers Limited (NYSE:SIG) by 0.6% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 249,712 shares of the company’s stock after acquiring an additional 1,400 shares during the quarter. Signet Jewelers accounts for approximately 3.6% of Grace & White Inc. NY’s portfolio, making the stock its 3rd largest position. Grace & White Inc. NY owned approximately 0.61% of Signet Jewelers worth $19,865,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Ameritas Advisory Services LLC bought a new stake in shares of Signet Jewelers in the 2nd quarter valued at $29,000. Brooklyn Investment Group increased its stake 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 valued at $25,000 after acquiring an additional 427 shares in the last quarter. Allworth Financial LP increased its stake in shares of Signet Jewelers by 946.8% in the 1st quarter. Allworth Financial LP now owns 492 shares of the company’s stock valued at $29,000 after acquiring an additional 445 shares in the last quarter. Headlands Technologies LLC bought a new stake in shares of Signet Jewelers in the 1st quarter valued at $36,000. Finally, Byrne Asset Management LLC bought a new stake in shares of Signet Jewelers in the 1st quarter valued at $45,000.

Signet Jewelers Price Performance

SIG opened at $92.09 on Friday. The company has a market capitalization of $3.77 billion, a price-to-earnings ratio of 30.90, a P/E/G ratio of 1.10 and a beta of 1.23. The firm’s fifty day moving average price is $89.08 and its two-hundred day moving average price is $76.47. Signet Jewelers Limited has a 1 year low of $45.55 and a 1 year high of $106.28.

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

Signet Jewelers Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 21st. Shareholders of record on Friday, October 24th will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Friday, October 24th. Signet Jewelers’s payout ratio is currently 42.95%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on SIG shares. Citigroup lifted their price objective on shares of Signet Jewelers from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Telsey Advisory Group reissued a “market perform” rating and issued a $92.00 price target on shares of Signet Jewelers in a research report on Tuesday, September 2nd. Bank of America lifted their price target on shares of Signet Jewelers from $90.00 to $100.00 and gave the company a “neutral” rating in a research report on Wednesday, September 3rd. Jefferies Financial Group initiated coverage on shares of Signet Jewelers in a research report on Monday, June 16th. They issued a “buy” rating and a $102.00 price target for the company. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Signet Jewelers in a research report on Wednesday. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $97.71.

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.