American Century Companies Inc. Boosts Stock Position in Signet Jewelers Limited $SIG

American Century Companies Inc. lifted its stake in Signet Jewelers Limited (NYSE:SIGFree Report) by 5.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,417,862 shares of the company’s stock after acquiring an additional 70,516 shares during the period. American Century Companies Inc. owned approximately 3.45% of Signet Jewelers worth $112,791,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. US Bancorp DE boosted its stake in 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 purchasing an additional 121 shares during the period. Yousif Capital Management LLC lifted its holdings in shares of 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 buying an additional 133 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of Signet Jewelers by 2.1% in the second quarter. Nisa Investment Advisors LLC now owns 11,008 shares of the company’s stock valued at $876,000 after acquiring an additional 224 shares during the period. Simon Quick Advisors LLC grew its stake in Signet Jewelers by 4.2% during the second quarter. Simon Quick Advisors LLC now owns 6,190 shares of the company’s stock valued at $492,000 after acquiring an additional 252 shares in the last quarter. Finally, SummerHaven Investment Management LLC increased its holdings in Signet Jewelers by 2.9% during the 2nd quarter. SummerHaven Investment Management LLC now owns 9,478 shares of the company’s stock worth $754,000 after acquiring an additional 264 shares during the period.

Wall Street Analysts Forecast Growth

SIG has been the subject of several analyst reports. Telsey Advisory Group reissued 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 reiterated a “hold (c)” rating on shares of Signet Jewelers in a research report on Wednesday, October 8th. Wall Street Zen upgraded Signet Jewelers from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Stephens began coverage on Signet Jewelers in a research note on Tuesday, November 11th. They issued an “overweight” rating and a $150.00 target price on the stock. Finally, Citigroup lifted their price target on Signet Jewelers from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Signet Jewelers presently has a consensus rating of “Moderate Buy” and an average price target of $105.50.

Get Our Latest Report on Signet Jewelers

Signet Jewelers Price Performance

Shares of NYSE SIG opened at $94.45 on Tuesday. The stock has a market capitalization of $3.87 billion, a P/E ratio of 31.69, a PEG ratio of 1.10 and a beta of 1.30. Signet Jewelers Limited has a one year low of $45.55 and a one year high of $110.20. The firm’s 50 day simple moving average is $98.53 and its two-hundred day simple moving average is $86.15.

Signet Jewelers (NYSE:SIGGet Free Report) last announced its quarterly earnings data on Tuesday, September 2nd. The company reported $1.61 earnings per share for the quarter, topping analysts’ consensus estimates of $1.21 by $0.40. Signet Jewelers had a net margin of 1.95% and a return on equity of 23.42%. The firm had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the business posted $1.25 EPS. The business’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. As a group, equities analysts expect that Signet Jewelers Limited will post 8.73 earnings per share for the current fiscal year.

Signet Jewelers Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Friday, October 24th were issued a $0.32 dividend. The ex-dividend date was Friday, October 24th. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. Signet Jewelers’s payout ratio is currently 42.95%.

Signet Jewelers Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Signet Jewelers (NYSE:SIG)

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