LSV Asset Management Increases Holdings in Signet Jewelers Limited $SIG

LSV Asset Management lifted its position in Signet Jewelers Limited (NYSE:SIG) by 111.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 156,100 shares of the company’s stock after buying an additional 82,300 shares during the period. LSV Asset Management owned approximately 0.38% of Signet Jewelers worth $12,418,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Hotchkis & Wiley Capital Management LLC boosted its position in Signet Jewelers by 56.5% in the first quarter. Hotchkis & Wiley Capital Management LLC now owns 180,744 shares of the company’s stock worth $10,494,000 after purchasing an additional 65,234 shares during the last quarter. Nordea Investment Management AB lifted its stake in shares of Signet Jewelers by 1.7% in the 2nd quarter. Nordea Investment Management AB now owns 148,699 shares of the company’s stock worth $11,828,000 after purchasing an additional 2,487 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Signet Jewelers by 8.1% in the first quarter. Vanguard Group Inc. now owns 5,205,964 shares of the company’s stock worth $302,258,000 after buying an additional 389,852 shares during the last quarter. Bayforest Capital Ltd purchased a new position in shares of Signet Jewelers in the first quarter worth approximately $1,095,000. Finally, Nuveen LLC bought a new stake in Signet Jewelers during the first quarter valued at approximately $21,646,000.

Signet Jewelers Stock Up 0.5%

NYSE:SIG opened at $94.44 on Thursday. The business’s 50-day simple moving average is $98.45 and its two-hundred day simple moving average is $85.32. Signet Jewelers Limited has a 52 week low of $45.55 and a 52 week high of $110.20. The stock has a market cap of $3.87 billion, a PE ratio of 31.69, a P/E/G ratio of 1.09 and a beta of 1.30.

Signet Jewelers (NYSE:SIG) last issued 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 return on equity of 23.42% and a net margin of 1.95%.The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter last year, the company earned $1.25 EPS. The firm’s quarterly revenue 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 earnings per share for the current fiscal year.

Signet Jewelers Dividend Announcement

The business also recently announced 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. The ex-dividend date 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 currently 42.95%.

Analysts Set New Price Targets

Several research firms have weighed in on SIG. Weiss Ratings reiterated a “hold (c)” rating on shares of Signet Jewelers in a research report on Wednesday, October 8th. UBS Group raised 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. Stephens initiated coverage on Signet Jewelers in a report on Tuesday, November 11th. They set an “overweight” rating and a $150.00 price target for the company. Citigroup raised 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. Finally, Bank of America lifted their price objective on Signet Jewelers from $90.00 to $100.00 and gave the company a “neutral” rating in a research report on Wednesday, September 3rd. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Signet Jewelers currently has a consensus rating of “Moderate Buy” and an average target price 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.