2,868 Shares in Signet Jewelers Limited $SIG Purchased by Greenleaf Trust

Key Points

• Greenleaf Trust has acquired a new position in Signet Jewelers, purchasing 2,868 shares valued at approximately $228,000.
• Signet Jewelers recently reported earnings per share of $1.61, surpassing analysts' expectations, with a revenue of $1.54 billion for the quarter.
• The company also announced a quarterly dividend of $0.32 per share, with a dividend yield of 1.3%, scheduled for payment on November 21st.

Greenleaf Trust purchased a new position in shares of Signet Jewelers Limited (NYSE:SIG - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,868 shares of the company's stock, valued at approximately $228,000.

Other large investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its position in 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 valued at $107,963,000 after buying an additional 1,183,214 shares during the period. Vanguard Group Inc. boosted its position in Signet Jewelers by 8.1% in the 1st quarter. Vanguard Group Inc. now owns 5,205,964 shares of the company's stock valued at $302,258,000 after buying an additional 389,852 shares during the period. Nuveen LLC purchased a new stake in Signet Jewelers in the 1st quarter valued at about $21,646,000. Brown Advisory Inc. boosted its position in Signet Jewelers by 35.2% in the 1st quarter. Brown Advisory Inc. now owns 846,927 shares of the company's stock valued at $49,173,000 after buying an additional 220,610 shares during the period. Finally, Goldman Sachs Group Inc. boosted 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 during the period.

Signet Jewelers Stock Performance

Shares of SIG opened at $96.27 on Friday. The company has a 50 day moving average price of $87.62 and a 200-day moving average price of $75.37. Signet Jewelers Limited has a fifty-two week low of $45.55 and a fifty-two week high of $106.28. The stock has a market capitalization of $3.94 billion, a PE ratio of 32.31, a PEG ratio of 1.10 and a beta of 1.23.

Signet Jewelers (NYSE:SIG - Get Free Report) last announced its quarterly earnings results on Tuesday, September 2nd. The company reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.40. The firm had revenue of $1.54 billion during the quarter, compared to analysts' expectations of $1.50 billion. Signet Jewelers had a net margin of 1.95% and a return on equity of 23.42%. The company's revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.25 EPS. 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 year.

Signet Jewelers Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 21st. Investors of record on Friday, October 24th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, October 24th. Signet Jewelers's payout ratio is 42.95%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on SIG shares. Wells Fargo & Company reissued a "cautious" rating on shares of Signet Jewelers in a research report on Tuesday, September 2nd. Bank of America boosted their price objective on shares of Signet Jewelers from $90.00 to $100.00 and gave the company a "neutral" rating in a research report on Wednesday, September 3rd. Telsey Advisory Group reissued a "market perform" rating and issued a $92.00 price objective on shares of Signet Jewelers in a research report on Tuesday, September 2nd. Wall Street Zen raised shares of Signet Jewelers from a "hold" rating to a "buy" rating in a research report on Friday, September 5th. Finally, Jefferies Financial Group initiated coverage on shares of Signet Jewelers in a research report on Monday, June 16th. They issued a "buy" rating and a $102.00 price target for the company. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $97.71.

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.

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