Quinn Opportunity Partners LLC Acquires New Stake in Signet Jewelers Limited $SIG

Quinn Opportunity Partners LLC acquired a new position in Signet Jewelers Limited (NYSE:SIG) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 28,014 shares of the company’s stock, valued at approximately $2,229,000. Quinn Opportunity Partners LLC owned about 0.07% of Signet Jewelers as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Signet Jewelers by 8.1% during the 1st quarter. Vanguard Group Inc. now owns 5,205,964 shares of the company’s stock valued at $302,258,000 after buying an additional 389,852 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Signet Jewelers by 175.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,859,503 shares of the company’s stock valued at $107,963,000 after buying an additional 1,183,214 shares during the period. American Century Companies Inc. increased its stake in shares of Signet Jewelers by 17.1% during the first quarter. American Century Companies Inc. now owns 1,347,346 shares of the company’s stock valued at $78,227,000 after buying an additional 196,905 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Signet Jewelers by 33.5% during the first quarter. Goldman Sachs Group Inc. now owns 849,692 shares of the company’s stock valued at $49,333,000 after acquiring an additional 213,365 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in Signet Jewelers by 24.0% in the first quarter. Invesco Ltd. now owns 415,033 shares of the company’s stock valued at $24,097,000 after acquiring an additional 80,308 shares in the last quarter.

Analysts Set New Price Targets

Several analysts have commented on SIG shares. Telsey Advisory Group restated a “market perform” rating and issued a $92.00 price objective on shares of Signet Jewelers in a report on Tuesday, September 2nd. Bank of America raised their target price on shares of Signet Jewelers from $90.00 to $100.00 and gave the company a “neutral” rating in a research note on Wednesday, September 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Signet Jewelers in a research note on Wednesday, October 8th. Wall Street Zen raised Signet Jewelers from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Finally, Citigroup increased their target price on Signet Jewelers from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $105.50.

Signet Jewelers Stock Performance

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 stock has a 50-day moving average of $97.52 and a 200 day moving average of $83.85. The company 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 results on Tuesday, September 2nd. The company reported $1.61 earnings per share (EPS) for the quarter, beating 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 quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.25 EPS. Signet Jewelers has set its FY 2026 guidance at 8.040-9.570 EPS. Q3 2026 guidance at EPS. On average, equities analysts predict that Signet Jewelers Limited will post 8.73 earnings per share for the current fiscal year.

Signet Jewelers Announces Dividend

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

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.