American Century Companies Inc. Increases Position in Signet Jewelers Limited $SIG

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

American Century Companies Inc. boosted its holdings in shares of Signet Jewelers Limited (NYSE:SIG - Free Report) by 17.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,347,346 shares of the company's stock after buying an additional 196,905 shares during the quarter. American Century Companies Inc. owned 3.14% of Signet Jewelers worth $78,227,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Allworth Financial LP raised its position in Signet Jewelers by 946.8% during the 1st quarter. Allworth Financial LP now owns 492 shares of the company's stock worth $29,000 after buying an additional 445 shares during the last quarter. Headlands Technologies LLC purchased a new position in Signet Jewelers during the 1st quarter worth approximately $36,000. Versant Capital Management Inc raised its position in Signet Jewelers by 40.5% during the 1st quarter. Versant Capital Management Inc now owns 773 shares of the company's stock worth $45,000 after buying an additional 223 shares during the last quarter. Byrne Asset Management LLC purchased a new position in Signet Jewelers during the 1st quarter worth approximately $45,000. Finally, Signaturefd LLC raised its position in Signet Jewelers by 174.1% during the 1st quarter. Signaturefd LLC now owns 943 shares of the company's stock worth $55,000 after buying an additional 599 shares during the last quarter.

Signet Jewelers Stock Performance

Shares of SIG traded up $5.02 during mid-day trading on Friday, hitting $87.40. 736,480 shares of the company were exchanged, compared to its average volume of 1,337,735. Signet Jewelers Limited has a 1-year low of $45.55 and a 1-year high of $106.28. The company has a 50 day moving average of $80.73 and a 200-day moving average of $66.45. The stock has a market cap of $3.60 billion, a price-to-earnings ratio of 95.00, a price-to-earnings-growth ratio of 0.72 and a beta of 1.40.

Signet Jewelers (NYSE:SIG - Get Free Report) last released its quarterly earnings results on Tuesday, June 3rd. The company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.17. Signet Jewelers had a net margin of 0.63% and a return on equity of 22.41%. The firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the prior year, the firm earned $1.11 EPS. The company's revenue for the quarter was up 2.0% on a year-over-year basis. Signet Jewelers has set its FY 2026 guidance at 7.700-9.380 EPS. Q2 2026 guidance at EPS. Research analysts anticipate that Signet Jewelers Limited will post 8.73 earnings per share for the current fiscal year.

Signet Jewelers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 22nd. Investors of record on Friday, July 25th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, July 25th. Signet Jewelers's dividend payout ratio is 139.13%.

Analyst Ratings Changes

Several research firms have recently weighed in on SIG. Bank of America lifted their target price on shares of Signet Jewelers from $65.00 to $78.00 and gave the company a "neutral" rating in a report on Wednesday, June 4th. UBS Group lifted their price objective on shares of Signet Jewelers from $84.00 to $95.00 and gave the company a "buy" rating in a report on Wednesday, June 4th. CL King initiated coverage on shares of Signet Jewelers in a research note on Monday, May 5th. They set a "buy" rating and a $80.00 target price on the stock. Jefferies Financial Group started coverage on Signet Jewelers in a research note on Monday, June 16th. They issued a "buy" rating and a $102.00 price target for the company. Finally, Citigroup increased their price target on Signet Jewelers from $85.00 to $100.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $88.86.

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.