Signet Jewelers Limited $SIG Holdings Raised by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its stake in shares of Signet Jewelers Limited (NYSE:SIG) by 33.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,845 shares of the company’s stock after buying an additional 1,472 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Signet Jewelers were worth $491,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. SummerHaven Investment Management LLC increased its stake in shares of Signet Jewelers by 2.7% during the first quarter. SummerHaven Investment Management LLC now owns 9,214 shares of the company’s stock valued at $535,000 after acquiring an additional 242 shares during the period. Cresset Asset Management LLC boosted its stake in Signet Jewelers by 1.6% during the 1st quarter. Cresset Asset Management LLC now owns 18,019 shares of the company’s stock valued at $1,046,000 after purchasing an additional 282 shares in the last quarter. Yousif Capital Management LLC increased its position in shares of Signet Jewelers by 2.0% during the 1st quarter. Yousif Capital Management LLC now owns 17,087 shares of the company’s stock valued at $992,000 after purchasing an additional 341 shares during the period. Nisa Investment Advisors LLC raised its stake in shares of Signet Jewelers by 3.3% in the 1st quarter. Nisa Investment Advisors LLC now owns 10,784 shares of the company’s stock worth $626,000 after buying an additional 344 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of Signet Jewelers by 3.7% in the 1st quarter. Cetera Investment Advisers now owns 11,182 shares of the company’s stock worth $649,000 after buying an additional 403 shares in the last quarter.

Signet Jewelers Trading Down 2.3%

Shares of Signet Jewelers stock opened at $96.27 on Monday. Signet Jewelers Limited has a 1 year low of $45.55 and a 1 year high of $106.28. The company has a market cap of $3.94 billion, a P/E ratio of 32.31, a P/E/G ratio of 1.10 and a beta of 1.23. The stock has a 50-day moving average price of $87.62 and a 200 day moving average price of $75.50.

Signet Jewelers (NYSE:SIG) last issued its earnings results on Tuesday, September 2nd. The company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.40. The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.50 billion. Signet Jewelers had a return on equity of 23.42% and a net margin of 1.95%.The firm’s quarterly revenue was up 3.0% on a year-over-year basis. 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. On average, equities analysts forecast 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. Shareholders 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 dividend on an annualized basis and a dividend yield of 1.3%. Signet Jewelers’s dividend payout ratio (DPR) is 42.95%.

Analyst Ratings Changes

Several brokerages recently weighed in on SIG. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Signet Jewelers in a research note on Saturday, September 27th. Bank of America raised their price objective on shares of Signet Jewelers from $90.00 to $100.00 and gave the company a “neutral” rating in a research report on Wednesday, September 3rd. Wall Street Zen upgraded shares of Signet Jewelers from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Jefferies Financial Group initiated coverage on shares of Signet Jewelers in a report on Monday, June 16th. They set a “buy” rating and a $102.00 target price for the company. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and issued a $92.00 price target on shares of Signet Jewelers in a report on Tuesday, September 2nd. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $97.71.

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.