Signet Jewelers (NYSE:SIG) Given “Hold (C)” Rating at Weiss Ratings

Signet Jewelers (NYSE:SIG)‘s stock had its “hold (c)” rating reiterated by research analysts at Weiss Ratings in a research note issued to investors on Friday,Weiss Ratings reports.

A number of other research analysts have also weighed in on SIG. Wells Fargo & Company raised their target price on Signet Jewelers from $90.00 to $100.00 and gave the company an “equal weight” rating in a report on Thursday. Wall Street Zen upgraded Signet Jewelers from a “hold” rating to a “buy” rating in a report on Friday, September 5th. Citigroup increased their price target on Signet Jewelers from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Telsey Advisory Group reaffirmed a “market perform” rating and set a $92.00 price target on shares of Signet Jewelers in a research report on Tuesday, September 2nd. Finally, UBS Group increased their price target on Signet Jewelers from $95.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, September 3rd. Four research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $99.14.

Signet Jewelers Stock Down 0.8%

SIG stock opened at $103.71 on Friday. Signet Jewelers has a twelve month low of $45.55 and a twelve month high of $110.20. The stock’s 50 day moving average is $94.13 and its 200-day moving average is $79.64. The firm has a market capitalization of $4.25 billion, a PE ratio of 34.80, a P/E/G ratio of 1.21 and a beta of 1.23.

Signet Jewelers (NYSE:SIG) last posted its earnings results on Tuesday, September 2nd. The company reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.40. Signet Jewelers had a return on equity of 23.42% and a net margin of 1.95%.The company had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same quarter last year, the company earned $1.25 earnings per share. The company’s revenue for the quarter 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. On average, equities research analysts anticipate that Signet Jewelers will post 8.73 earnings per share for the current fiscal year.

Institutional Trading of Signet Jewelers

A number of large investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in Signet Jewelers by 8.1% in the first 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. increased its position in Signet Jewelers by 175.0% in the first 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. increased its position 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 worth $112,791,000 after buying an additional 70,516 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in Signet Jewelers by 321.8% in the second quarter. Arrowstreet Capital Limited Partnership now owns 861,769 shares of the company’s stock worth $68,554,000 after buying an additional 657,444 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in Signet Jewelers by 33.5% in the first 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.

Signet Jewelers Company 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.