Signet Jewelers Limited $SIG Stake Boosted by Grace & White Inc. NY

Grace & White Inc. NY increased its stake in Signet Jewelers Limited (NYSE:SIG) by 0.6% during the second quarter, Holdings Channel.com reports. The institutional investor owned 249,712 shares of the company’s stock after buying an additional 1,400 shares during the period. Signet Jewelers comprises 3.6% of Grace & White Inc. NY’s investment portfolio, making the stock its 3rd biggest holding. Grace & White Inc. NY’s holdings in Signet Jewelers were worth $19,865,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Signet Jewelers by 8.1% in the 1st quarter. Vanguard Group Inc. now owns 5,205,964 shares of the company’s stock worth $302,258,000 after buying an additional 389,852 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Signet Jewelers by 175.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,859,503 shares of the company’s stock worth $107,963,000 after buying an additional 1,183,214 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Signet Jewelers by 17.1% in the 1st quarter. American Century Companies Inc. now owns 1,347,346 shares of the company’s stock worth $78,227,000 after buying an additional 196,905 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings 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 buying an additional 213,365 shares during the last quarter. Finally, Brown Advisory Inc. boosted its holdings in shares of Signet Jewelers by 35.2% in the 1st quarter. Brown Advisory Inc. now owns 846,927 shares of the company’s stock worth $49,173,000 after buying an additional 220,610 shares during the last quarter.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on SIG. Wall Street Zen raised shares of Signet Jewelers from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Weiss Ratings restated a “hold (c)” rating on shares of Signet Jewelers in a research note on Wednesday. UBS Group boosted their price objective on Signet Jewelers from $95.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Telsey Advisory Group restated a “market perform” rating and issued a $92.00 price objective on shares of Signet Jewelers in a research note on Tuesday, September 2nd. Finally, Wells Fargo & Company restated a “cautious” rating on shares of Signet Jewelers in a research note on Tuesday, September 2nd. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Signet Jewelers has an average rating of “Hold” and a consensus price target of $97.71.

Signet Jewelers Stock Performance

Shares of Signet Jewelers stock opened at $92.09 on Friday. Signet Jewelers Limited has a 52-week low of $45.55 and a 52-week high of $106.28. The stock’s 50-day simple moving average is $89.08 and its 200 day simple moving average is $76.47. The stock has a market capitalization of $3.77 billion, a P/E ratio of 30.90, a P/E/G ratio of 1.10 and a beta of 1.23.

Signet Jewelers (NYSE:SIG) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.40. Signet Jewelers had a return on equity of 23.42% and a net margin of 1.95%.The firm had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same period in the prior year, the business posted $1.25 earnings per share. The company’s 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. Equities research analysts forecast that Signet Jewelers Limited will post 8.73 EPS for the current fiscal year.

Signet Jewelers Announces Dividend

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

Signet Jewelers Profile

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.