Nordea Investment Management AB Purchases 7,860 Shares of Signet Jewelers Limited $SIG

Nordea Investment Management AB increased its holdings in Signet Jewelers Limited (NYSE:SIG) by 5.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 156,559 shares of the company’s stock after purchasing an additional 7,860 shares during the quarter. Nordea Investment Management AB owned approximately 0.38% of Signet Jewelers worth $14,904,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. American Century Companies Inc. lifted its holdings in Signet Jewelers by 5.2% in the 2nd 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 period. Arrowstreet Capital Limited Partnership increased its position in Signet Jewelers by 321.8% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 861,769 shares of the company’s stock valued at $68,554,000 after purchasing an additional 657,444 shares during the period. Goldman Sachs Group Inc. increased its position in Signet Jewelers by 33.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 849,692 shares of the company’s stock valued at $49,333,000 after purchasing an additional 213,365 shares during the period. Hood River Capital Management LLC bought a new position in Signet Jewelers in the 2nd quarter worth $56,537,000. Finally, Divisadero Street Capital Management LP purchased a new stake in shares of Signet Jewelers in the 2nd quarter worth about $50,342,000.

Signet Jewelers Trading Up 5.0%

Signet Jewelers stock opened at $93.86 on Friday. Signet Jewelers Limited has a 12 month low of $45.55 and a 12 month high of $110.20. The company has a market capitalization of $3.82 billion, a price-to-earnings ratio of 28.02, a price-to-earnings-growth ratio of 1.09 and a beta of 1.18. The business’s fifty day simple moving average is $90.98 and its two-hundred day simple moving average is $90.13.

Signet Jewelers (NYSE:SIG) last announced its quarterly 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. The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Signet Jewelers had a net margin of 2.13% and a return on equity of 24.44%. Signet Jewelers’s revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.25 EPS. Signet Jewelers has set its FY 2026 guidance at 8.430-9.59 EPS. On average, equities research analysts predict that Signet Jewelers Limited will post 8.73 EPS for the current year.

Signet Jewelers Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on SIG shares. Weiss Ratings reissued a “hold (c)” rating on shares of Signet Jewelers in a research note on Wednesday, October 8th. UBS Group restated a “buy” rating on shares of Signet Jewelers in a research report on Wednesday, December 31st. Telsey Advisory Group reiterated a “market perform” rating and issued a $96.00 price objective (up previously from $92.00) on shares of Signet Jewelers in a report on Tuesday, December 2nd. Jefferies Financial Group raised their price objective on Signet Jewelers from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Finally, The Goldman Sachs Group initiated coverage on shares of Signet Jewelers in a report on Thursday, December 11th. They set a “neutral” rating and a $96.00 target price on the stock. Five analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Signet Jewelers has a consensus rating of “Moderate Buy” and an average 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.