Fox Run Management L.L.C. increased its position in shares of Signet Jewelers Limited (NYSE:SIG – Free Report) by 46.6% during the second quarter, Holdings Channel reports. The fund owned 25,715 shares of the company’s stock after acquiring an additional 8,171 shares during the quarter. Signet Jewelers makes up 0.3% of Fox Run Management L.L.C.’s holdings, making the stock its 25th largest holding. Fox Run Management L.L.C.’s holdings in Signet Jewelers were worth $2,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC purchased a new position in Signet Jewelers during the 2nd quarter worth approximately $29,000. Brooklyn Investment Group boosted its position in shares of Signet Jewelers by 42,700.0% in the first quarter. Brooklyn Investment Group now owns 428 shares of the company’s stock worth $25,000 after buying an additional 427 shares during the period. Allworth Financial LP boosted its position in shares of Signet Jewelers by 946.8% in the first quarter. Allworth Financial LP now owns 492 shares of the company’s stock worth $29,000 after buying an additional 445 shares during the period. Headlands Technologies LLC purchased a new position in shares of Signet Jewelers during the first quarter valued at $36,000. Finally, Quarry LP acquired a new position in Signet Jewelers during the first quarter valued at $54,000.
Wall Street Analyst Weigh In
SIG has been the subject of a number of research reports. Citigroup raised their price objective on Signet Jewelers from $100.00 to $110.00 and gave the stock a “buy” rating in a research report 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. Wall Street Zen raised shares of Signet Jewelers from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Wells Fargo & Company upped their price objective on shares of Signet Jewelers from $90.00 to $100.00 and gave the company an “equal weight” rating in a research note on Thursday, October 23rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Signet Jewelers in a research note on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $99.14.
Signet Jewelers Stock Performance
Shares of SIG opened at $100.63 on Friday. The firm has a market cap of $4.12 billion, a PE ratio of 33.77, a PEG ratio of 1.15 and a beta of 1.30. The firm’s 50 day moving average price is $96.99 and its 200 day moving average price is $82.87. Signet Jewelers Limited has a twelve month low of $45.55 and a twelve month high of $110.20.
Signet Jewelers (NYSE:SIG – Get Free Report) last posted its earnings results on Tuesday, September 2nd. The company reported $1.61 EPS for the quarter, topping 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 company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the previous year, the firm posted $1.25 earnings per share. The company’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. On average, sell-side analysts anticipate that Signet Jewelers Limited will post 8.73 earnings per share 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. Shareholders of record on Friday, October 24th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Friday, October 24th. Signet Jewelers’s dividend payout ratio is presently 42.95%.
Signet Jewelers 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.
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