PKO Investment Management Joint Stock Co Sells 3,500 Shares of Signet Jewelers Limited $SIG

PKO Investment Management Joint Stock Co decreased its stake in Signet Jewelers Limited (NYSE:SIG) by 50.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,500 shares of the company’s stock after selling 3,500 shares during the period. PKO Investment Management Joint Stock Co’s holdings in Signet Jewelers were worth $278,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Signet Jewelers in the 2nd quarter valued at $1,107,000. William Blair Investment Management LLC increased its holdings in Signet Jewelers by 0.4% in the 2nd quarter. William Blair Investment Management LLC now owns 304,884 shares of the company’s stock worth $24,254,000 after purchasing an additional 1,295 shares in the last quarter. Nordea Investment Management AB raised its position in Signet Jewelers by 1.7% in the second quarter. Nordea Investment Management AB now owns 148,699 shares of the company’s stock valued at $11,828,000 after purchasing an additional 2,487 shares during the last quarter. Yousif Capital Management LLC boosted its stake in shares of Signet Jewelers by 0.8% during the second quarter. Yousif Capital Management LLC now owns 17,220 shares of the company’s stock valued at $1,370,000 after purchasing an additional 133 shares in the last quarter. Finally, CWM LLC grew its holdings in shares of Signet Jewelers by 10.0% during the second quarter. CWM LLC now owns 7,526 shares of the company’s stock worth $599,000 after purchasing an additional 685 shares during the last quarter.

Signet Jewelers Stock Down 0.8%

SIG opened at $103.71 on Friday. Signet Jewelers Limited has a twelve month low of $45.55 and a twelve month high of $110.20. The company has a fifty day moving average of $94.13 and a 200-day moving average of $79.84. The stock has a market cap of $4.25 billion, a PE ratio of 34.80, a price-to-earnings-growth ratio of 1.20 and a beta of 1.23.

Signet Jewelers (NYSE:SIG) last released its earnings results on Tuesday, September 2nd. The company reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.40. Signet Jewelers had a net margin of 1.95% and a return on equity of 23.42%. The business 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 business earned $1.25 earnings per share. Signet Jewelers’s revenue for the quarter was up 3.0% on a year-over-year basis. Signet Jewelers has set its FY 2026 guidance at 8.040-9.570 EPS. Q3 2026 guidance at EPS. Sell-side analysts anticipate that Signet Jewelers Limited will post 8.73 EPS for the current fiscal year.

Signet Jewelers Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 21st. Investors of record on Friday, October 24th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a $1.28 annualized dividend and a yield of 1.2%. Signet Jewelers’s dividend payout ratio (DPR) is currently 42.95%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on SIG shares. Wells Fargo & Company raised their price objective on shares of Signet Jewelers from $90.00 to $100.00 and gave the company an “equal weight” rating in a report on Thursday. UBS Group upped their price target on shares of Signet Jewelers from $95.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Citigroup lifted their price target on shares of Signet Jewelers from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Signet Jewelers in a report on Friday. Finally, Wall Street Zen raised Signet Jewelers from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.14.

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.