LSV Asset Management Boosts Stake in Signet Jewelers Limited $SIG

LSV Asset Management boosted its position in shares of Signet Jewelers Limited (NYSE:SIG) by 111.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 156,100 shares of the company’s stock after buying an additional 82,300 shares during the period. LSV Asset Management’s holdings in Signet Jewelers were worth $12,418,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Brooklyn Investment Group raised its holdings in shares of Signet Jewelers by 42,700.0% during the 1st quarter. Brooklyn Investment Group now owns 428 shares of the company’s stock worth $25,000 after acquiring an additional 427 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of Signet Jewelers in the second quarter valued at $29,000. Headlands Technologies LLC bought a new stake in Signet Jewelers in the first quarter worth $36,000. Quarry LP purchased a new stake in Signet Jewelers during the first quarter valued at $54,000. Finally, Signaturefd LLC lifted its position in Signet Jewelers by 174.1% during the first quarter. Signaturefd LLC now owns 943 shares of the company’s stock valued at $55,000 after purchasing an additional 599 shares during the last quarter.

Signet Jewelers Stock Up 0.5%

SIG opened at $94.44 on Thursday. The stock’s fifty day moving average is $98.45 and its two-hundred day moving average is $85.32. The company has a market capitalization of $3.87 billion, a P/E ratio of 31.69, a PEG ratio of 1.09 and a beta of 1.30. Signet Jewelers Limited has a 52 week low of $45.55 and a 52 week high of $110.20.

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

Signet Jewelers Dividend Announcement

The firm 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 dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.4%. Signet Jewelers’s dividend payout ratio is presently 42.95%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on SIG shares. Stephens started coverage on shares of Signet Jewelers in a report on Tuesday, November 11th. They issued an “overweight” rating and a $150.00 target price on the stock. Citigroup boosted their price objective on Signet Jewelers from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Signet Jewelers in a research report on Wednesday, October 8th. UBS Group lifted their target price on Signet Jewelers from $95.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Finally, Wells Fargo & Company boosted their target price on Signet Jewelers from $90.00 to $100.00 and gave the company an “equal weight” rating in a research report on Thursday, October 23rd. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average 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.