Cheviot Value Management LLC Takes Position in Signet Jewelers Limited $SIG

Cheviot Value Management LLC bought a new stake in shares of Signet Jewelers Limited (NYSE:SIG) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 7,515 shares of the company’s stock, valued at approximately $773,000.

A number of other large investors have also bought and sold shares of SIG. American Century Companies Inc. raised its holdings in shares of Signet Jewelers by 5.2% during the second quarter. American Century Companies Inc. now owns 1,417,862 shares of the company’s stock valued at $112,791,000 after purchasing an additional 70,516 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Signet Jewelers by 321.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 861,769 shares of the company’s stock valued at $68,554,000 after buying an additional 657,444 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Signet Jewelers by 33.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 849,692 shares of the company’s stock valued at $49,333,000 after buying an additional 213,365 shares in the last quarter. Hood River Capital Management LLC acquired a new position in Signet Jewelers during the 2nd quarter worth approximately $56,537,000. Finally, Divisadero Street Capital Management LP bought a new position in Signet Jewelers in the second quarter worth approximately $50,342,000.

Signet Jewelers Stock Down 2.8%

Signet Jewelers stock opened at $89.82 on Friday. Signet Jewelers Limited has a 52 week low of $45.55 and a 52 week high of $110.20. The company’s 50 day moving average price is $89.88 and its two-hundred day moving average price is $90.64. The stock has a market cap of $3.65 billion, a P/E ratio of 26.81, a P/E/G ratio of 1.10 and a beta of 1.18.

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

Signet Jewelers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, January 23rd will be given a dividend of $0.32 per share. The ex-dividend date is Friday, January 23rd. This represents a $1.28 annualized dividend and a yield of 1.4%. Signet Jewelers’s dividend payout ratio is presently 38.21%.

Analysts Set New Price Targets

Several research firms have recently commented on SIG. UBS Group restated a “buy” rating on shares of Signet Jewelers in a report on Wednesday, December 31st. Stephens initiated coverage on shares of 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 shares of 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Signet Jewelers in a report on Wednesday. Finally, The Goldman Sachs Group raised shares of Signet Jewelers from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $109.67.

Signet Jewelers 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.