Diversified Trust Co Makes New $1.04 Million Investment in Signet Jewelers Limited $SIG

Key Points

• Diversified Trust Co made a new investment of approximately $1.04 million in Signet Jewelers Limited (NYSE: SIG), acquiring 13,030 shares this past quarter.
• Signet Jewelers reported earnings of $1.61 per share, exceeding the expected $1.21, with a revenue of $1.54 billion during the latest quarter.
• The company recently declared a quarterly dividend of $0.32 per share, with a record date of October 24th, representing a 1.3% annual yield.

Diversified Trust Co bought a new position in Signet Jewelers Limited (NYSE:SIG - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 13,030 shares of the company's stock, valued at approximately $1,037,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Man Group plc grew its holdings in Signet Jewelers by 112.9% in the 4th quarter. Man Group plc now owns 5,338 shares of the company's stock valued at $431,000 after buying an additional 2,831 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Signet Jewelers by 14.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 111,609 shares of the company's stock worth $9,008,000 after acquiring an additional 13,769 shares during the last quarter. Mackenzie Financial Corp grew its position in shares of Signet Jewelers by 4.9% in the fourth quarter. Mackenzie Financial Corp now owns 15,227 shares of the company's stock valued at $1,229,000 after purchasing an additional 706 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Signet Jewelers during the fourth quarter worth about $297,000. Finally, PKO Investment Management Joint Stock Co acquired a new position in shares of Signet Jewelers during the fourth quarter worth about $565,000.

Analyst Ratings Changes

SIG has been the subject of a number of research reports. Wall Street Zen raised Signet Jewelers from a "hold" rating to a "buy" rating in a research note on Friday, September 5th. Jefferies Financial Group initiated coverage on shares of Signet Jewelers in a research report on Monday, June 16th. They set a "buy" rating and a $102.00 target price for the company. Citigroup increased their price objective on shares of Signet Jewelers from $100.00 to $110.00 and gave the stock a "buy" rating in a research note on Wednesday, September 3rd. Bank of America lifted their price objective on shares of Signet Jewelers from $90.00 to $100.00 and gave the company a "neutral" rating in a research note on Wednesday, September 3rd. Finally, Telsey Advisory Group restated a "market perform" rating and issued a $92.00 target price on shares of Signet Jewelers in a report on Tuesday, September 2nd. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Signet Jewelers has an average rating of "Hold" and an average price target of $97.71.

Signet Jewelers Trading Down 0.8%

Shares of Signet Jewelers stock traded down $0.80 during trading hours on Monday, reaching $95.07. The stock had a trading volume of 718,437 shares, compared to its average volume of 1,117,368. The firm has a market capitalization of $3.89 billion, a price-to-earnings ratio of 31.90, a P/E/G ratio of 1.09 and a beta of 1.18. Signet Jewelers Limited has a 1 year low of $45.55 and a 1 year high of $106.28. The firm has a 50 day simple moving average of $85.18 and a two-hundred day simple moving average of $72.57.

Signet Jewelers (NYSE:SIG - Get Free Report) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported $1.61 EPS for the quarter, topping 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 the consensus estimate of $1.50 billion. During the same quarter in the previous year, the business earned $1.25 EPS. The company's quarterly revenue was up 3.0% compared to the same quarter last year. Signet Jewelers has set its FY 2026 guidance at 8.040-9.570 EPS. Q3 2026 guidance at EPS. Sell-side analysts forecast that Signet Jewelers Limited will post 8.73 EPS for the current year.

Signet Jewelers Dividend Announcement

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

About Signet Jewelers

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.