Nordea Investment Management AB Buys 2,487 Shares of Signet Jewelers Limited $SIG

Nordea Investment Management AB grew its position in shares of Signet Jewelers Limited (NYSE:SIG) by 1.7% during the second quarter, according to its most recent filing with the SEC. The firm owned 148,699 shares of the company’s stock after acquiring an additional 2,487 shares during the period. Nordea Investment Management AB owned about 0.36% of Signet Jewelers worth $11,828,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. US Bancorp DE grew its stake in shares of Signet Jewelers by 0.4% in the 2nd quarter. US Bancorp DE now owns 30,302 shares of the company’s stock worth $2,411,000 after buying an additional 121 shares during the last quarter. Yousif Capital Management LLC boosted its holdings in Signet Jewelers by 0.8% in the second quarter. Yousif Capital Management LLC now owns 17,220 shares of the company’s stock worth $1,370,000 after purchasing an additional 133 shares during the last quarter. SummerHaven Investment Management LLC increased its position in Signet Jewelers by 2.9% during the second quarter. SummerHaven Investment Management LLC now owns 9,478 shares of the company’s stock valued at $754,000 after acquiring an additional 264 shares during the last quarter. Cresset Asset Management LLC boosted its holdings in shares of Signet Jewelers by 1.6% in the first quarter. Cresset Asset Management LLC now owns 18,019 shares of the company’s stock worth $1,046,000 after buying an additional 282 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its position in shares of Signet Jewelers by 3.3% during the 1st quarter. Nisa Investment Advisors LLC now owns 10,784 shares of the company’s stock valued at $626,000 after acquiring an additional 344 shares during the period.

Signet Jewelers Stock Performance

NYSE:SIG opened at $103.15 on Monday. Signet Jewelers Limited has a fifty-two week low of $45.55 and a fifty-two week high of $106.28. The company’s 50-day simple moving average is $91.77 and its 200-day simple moving average is $78.23. The stock has a market capitalization of $4.22 billion, a P/E ratio of 34.61, a P/E/G ratio of 1.19 and a beta of 1.23.

Signet Jewelers (NYSE:SIG) last announced its earnings results on Tuesday, September 2nd. The company reported $1.61 earnings per share for the quarter, topping 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 firm had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same period in the previous year, the business earned $1.25 EPS. The firm’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. On average, research analysts forecast that Signet Jewelers Limited will post 8.73 EPS for the current year.

Signet Jewelers Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend is Friday, October 24th. This represents a $1.28 dividend on an annualized basis and a yield of 1.2%. Signet Jewelers’s payout ratio is currently 42.95%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on SIG shares. Bank of America upped their target price on shares of Signet Jewelers from $90.00 to $100.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Telsey Advisory Group restated a “market perform” rating and issued a $92.00 price target on shares of Signet Jewelers in a report on Tuesday, September 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Signet Jewelers in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Signet Jewelers from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Finally, UBS Group upped their target price on shares of Signet Jewelers from $95.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Signet Jewelers presently has an average rating of “Hold” and a consensus price target of $97.71.

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.