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 purchased a new stake in Signet Jewelers Limited (NYSE:SIG - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 13,030 shares of the company's stock, valued at approximately $1,037,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Versant Capital Management Inc boosted its stake in Signet Jewelers by 40.5% in the first quarter. Versant Capital Management Inc now owns 773 shares of the company's stock valued at $45,000 after buying an additional 223 shares in the last quarter. SummerHaven Investment Management LLC boosted its stake in shares of Signet Jewelers by 2.7% in the 1st quarter. SummerHaven Investment Management LLC now owns 9,214 shares of the company's stock valued at $535,000 after purchasing an additional 242 shares in the last quarter. Cresset Asset Management LLC boosted its stake in shares of Signet Jewelers by 1.6% in the 1st quarter. Cresset Asset Management LLC now owns 18,019 shares of the company's stock valued at $1,046,000 after purchasing an additional 282 shares in the last quarter. Yousif Capital Management LLC grew its holdings in shares of Signet Jewelers by 2.0% during the 1st quarter. Yousif Capital Management LLC now owns 17,087 shares of the company's stock valued at $992,000 after purchasing an additional 341 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its position in Signet Jewelers by 3.3% during the 1st quarter. Nisa Investment Advisors LLC now owns 10,784 shares of the company's stock worth $626,000 after purchasing an additional 344 shares in the last quarter.

Signet Jewelers Stock Down 1.1%

Shares of NYSE:SIG opened at $95.78 on Monday. Signet Jewelers Limited has a twelve month low of $45.55 and a twelve month high of $106.28. The stock's 50 day moving average is $84.90 and its 200-day moving average is $72.26. The firm has a market capitalization of $3.92 billion, a price-to-earnings ratio of 32.14, a PEG ratio of 1.09 and a beta of 1.18.

Signet Jewelers (NYSE:SIG - Get Free Report) last posted its quarterly earnings results on Tuesday, September 2nd. The company reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.40. Signet Jewelers had a net margin of 1.95% and a return on equity of 23.42%. The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter last year, the firm posted $1.25 EPS. Signet Jewelers's 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. Equities research analysts anticipate that Signet Jewelers Limited will post 8.73 earnings per share for the current fiscal year.

Signet Jewelers Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have weighed in on SIG shares. Telsey Advisory Group restated a "market perform" rating and issued a $92.00 target price on shares of Signet Jewelers in a research report on Tuesday, September 2nd. Wells Fargo & Company restated a "cautious" rating on shares of Signet Jewelers in a research report on Tuesday, September 2nd. Citigroup increased their target price on Signet Jewelers from $100.00 to $110.00 and gave the company a "buy" rating in a research report on Wednesday, September 3rd. Bank of America lifted their price target on Signet Jewelers from $90.00 to $100.00 and gave the company a "neutral" rating in a research note on Wednesday, September 3rd. Finally, 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 objective for the company. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Signet Jewelers has an average rating of "Hold" and a consensus target price of $97.71.

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.

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