Allianz Asset Management GmbH Raises Stock Position in Signet Jewelers Limited $SIG

Allianz Asset Management GmbH lifted its holdings in shares of Signet Jewelers Limited (NYSE:SIG) by 33.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,510 shares of the company’s stock after purchasing an additional 8,868 shares during the quarter. Allianz Asset Management GmbH owned about 0.09% of Signet Jewelers worth $3,406,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Jones Financial Companies Lllp lifted its holdings in Signet Jewelers by 831.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,900 shares of the company’s stock worth $182,000 after buying an additional 1,696 shares in the last quarter. State of Wyoming increased its position in shares of Signet Jewelers by 312.3% during the third quarter. State of Wyoming now owns 3,566 shares of the company’s stock worth $342,000 after acquiring an additional 2,701 shares during the period. Convergence Investment Partners LLC acquired a new stake in shares of Signet Jewelers in the third quarter valued at $1,447,000. Federated Hermes Inc. raised its stake in shares of Signet Jewelers by 1.5% in the third quarter. Federated Hermes Inc. now owns 14,555 shares of the company’s stock valued at $1,396,000 after acquiring an additional 215 shares in the last quarter. Finally, SummerHaven Investment Management LLC boosted its holdings in Signet Jewelers by 10.6% in the third quarter. SummerHaven Investment Management LLC now owns 10,486 shares of the company’s stock valued at $1,006,000 after purchasing an additional 1,008 shares during the period.

Analyst Ratings Changes

A number of equities research analysts have issued reports on SIG shares. UBS Group reaffirmed a “buy” rating on shares of Signet Jewelers in a research report on Wednesday, December 31st. Weiss Ratings restated a “hold (c)” rating on shares of Signet Jewelers in a research note on Wednesday, January 21st. Wall Street Zen cut shares of Signet Jewelers from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. Stephens started coverage on shares of Signet Jewelers in a report on Tuesday, November 11th. They set an “overweight” rating and a $150.00 price target for the company. Finally, Zacks Research raised shares of Signet Jewelers from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Signet Jewelers presently has a consensus rating of “Moderate Buy” and an average target price of $109.67.

Signet Jewelers Price Performance

Shares of Signet Jewelers stock opened at $92.43 on Thursday. The firm’s fifty day simple moving average is $89.09 and its 200-day simple moving average is $91.62. Signet Jewelers Limited has a 12 month low of $45.55 and a 12 month high of $110.20. The stock has a market capitalization of $3.76 billion, a price-to-earnings ratio of 27.59, a PEG ratio of 1.00 and a beta of 1.28.

Signet Jewelers (NYSE:SIG) last issued its quarterly earnings data on Tuesday, December 2nd. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.47. Signet Jewelers had a net margin of 2.13% and a return on equity of 24.44%. The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same period last year, the firm posted $0.25 EPS. Signet Jewelers’s revenue for the quarter was up 3.1% on a year-over-year basis. Signet Jewelers has set its FY 2026 guidance at 8.430-9.59 EPS. Analysts anticipate that Signet Jewelers Limited will post 8.73 earnings per share for the current year.

Signet Jewelers Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, January 23rd will be given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, January 23rd. Signet Jewelers’s dividend payout ratio (DPR) is 38.21%.

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.