Signet Jewelers Limited $SIG Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp trimmed its stake in Signet Jewelers Limited (NYSE:SIG) by 28.5% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 24,751 shares of the company’s stock after selling 9,881 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.06% of Signet Jewelers worth $2,374,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in shares of Signet Jewelers by 149.1% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 33,882 shares of the company’s stock worth $3,250,000 after purchasing an additional 20,282 shares in the last quarter. Nordea Investment Management AB lifted its holdings in Signet Jewelers by 1.7% in the second 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. Vinva Investment Management Ltd bought a new position in Signet Jewelers in the 2nd quarter valued at about $204,000. Texas Permanent School Fund Corp increased its stake in Signet Jewelers by 73.2% during the 2nd quarter. Texas Permanent School Fund Corp now owns 84,213 shares of the company’s stock valued at $6,699,000 after buying an additional 35,593 shares during the period. Finally, Eisler Capital Management Ltd. raised its position in shares of Signet Jewelers by 114.5% during the 2nd quarter. Eisler Capital Management Ltd. now owns 64,105 shares of the company’s stock worth $5,113,000 after buying an additional 34,225 shares in the last quarter.

Signet Jewelers Stock Performance

NYSE SIG opened at $92.30 on Friday. Signet Jewelers Limited has a 1 year low of $45.55 and a 1 year high of $110.20. The business’s fifty day moving average is $89.59 and its two-hundred day moving average is $90.94. The stock has a market capitalization of $3.75 billion, a P/E ratio of 27.55, a P/E/G ratio of 1.12 and a beta of 1.18.

Signet Jewelers (NYSE:SIG) last issued its earnings results on Tuesday, December 2nd. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.47. Signet Jewelers had a return on equity of 24.44% and a net margin of 2.13%.The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same period in the previous year, the firm posted $0.25 EPS. 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, research analysts forecast that Signet Jewelers Limited will post 8.73 earnings per share for the current year.

Signet Jewelers Dividend Announcement

The company 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 $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, January 23rd. Signet Jewelers’s dividend payout ratio (DPR) is 38.21%.

Analyst Upgrades and Downgrades

SIG has been the subject of several recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Signet Jewelers in a report on Wednesday, January 21st. Wall Street Zen downgraded Signet Jewelers from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Stephens initiated coverage on Signet Jewelers in a research note on Tuesday, November 11th. They set an “overweight” rating and a $150.00 price target for the company. Wells Fargo & Company dropped their price objective on Signet Jewelers from $100.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 3rd. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and set a $96.00 target price (up previously from $92.00) on shares of Signet Jewelers in a research note on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $109.67.

About Signet Jewelers

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.