SG Americas Securities LLC Makes New Investment in Signet Jewelers Limited $SIG

SG Americas Securities LLC purchased a new stake in Signet Jewelers Limited (NYSE:SIG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 40,375 shares of the company’s stock, valued at approximately $3,873,000. SG Americas Securities LLC owned 0.10% of Signet Jewelers at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. American Century Companies Inc. boosted its holdings in Signet Jewelers by 5.2% in the second quarter. American Century Companies Inc. now owns 1,417,862 shares of the company’s stock valued at $112,791,000 after acquiring an additional 70,516 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in Signet Jewelers by 321.8% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 861,769 shares of the company’s stock worth $68,554,000 after purchasing an additional 657,444 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Signet Jewelers by 33.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 849,692 shares of the company’s stock worth $49,333,000 after purchasing an additional 213,365 shares during the period. Hood River Capital Management LLC acquired a new position in shares of Signet Jewelers in the 2nd quarter worth approximately $56,537,000. Finally, Divisadero Street Capital Management LP bought a new stake in shares of Signet Jewelers in the 2nd quarter valued at $50,342,000.

Signet Jewelers Stock Performance

Shares of NYSE:SIG opened at $84.21 on Monday. Signet Jewelers Limited has a 52-week low of $45.55 and a 52-week high of $110.20. The business’s 50 day simple moving average is $91.75 and its two-hundred day simple moving average is $90.04. The firm has a market cap of $3.43 billion, a P/E ratio of 25.14, a PEG ratio of 1.03 and a beta of 1.18.

Signet Jewelers (NYSE:SIG) last released its quarterly earnings data on Tuesday, December 2nd. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.16 by $0.47. Signet Jewelers had a return on equity of 24.44% and a net margin of 2.13%.The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the previous year, the company posted $0.25 earnings per share. The company’s quarterly revenue was up 3.1% on a year-over-year basis. Signet Jewelers has set its FY 2026 guidance at 8.430-9.59 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 firm also recently announced a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Friday, January 23rd will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, January 23rd. This represents a $1.28 annualized dividend and a dividend yield of 1.5%. Signet Jewelers’s payout ratio is presently 38.21%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on SIG. The Goldman Sachs Group began coverage on shares of Signet Jewelers in a research note on Thursday, December 11th. They set a “neutral” rating and a $96.00 target price for the company. Jefferies Financial Group lifted their price objective on Signet Jewelers from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Wells Fargo & Company cut their target price on Signet Jewelers from $100.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 3rd. Telsey Advisory Group reiterated a “market perform” rating and issued a $96.00 target price (up from $92.00) on shares of Signet Jewelers in a report on Tuesday, December 2nd. Finally, Stephens initiated coverage on Signet Jewelers in a report on Tuesday, November 11th. They set an “overweight” rating and a $150.00 price target on the stock. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $109.67.

Signet Jewelers Company Profile

Signet Jewelers Ltd is the world’s largest retailer of diamond jewelry, operating a diversified network of retail stores across the United States, Canada, the United Kingdom and Ireland. Its portfolio includes well-established banners such as Kay Jewelers, Zales, Jared The Galleria of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda, offering customers a range of shopping environments from suburban malls to high-street locations.

The company’s product assortment encompasses engagement rings, wedding bands, fine fashion jewelry and timepieces, complemented by services including jewelry cleaning, repairs, appraisals and extended care plans.