Eisler Capital Management Ltd. Takes Position in Signet Jewelers Limited $SIG

Key Points

• Eisler Capital Management Ltd. acquired nearly 30,000 shares of Signet Jewelers Limited, valued at approximately $1.73 million, as part of its investment strategy in the first quarter.
• Signet Jewelers reported a 2% year-over-year increase in quarterly revenue, totaling $1.54 billion, along with an EPS of $1.18, surpassing estimates.
• The company declared a quarterly dividend, with an annualized yield of 1.4%, while analysts set a consensus price target of $88.86, indicating a positive outlook.

Eisler Capital Management Ltd. bought a new stake in Signet Jewelers Limited (NYSE:SIG - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 29,880 shares of the company's stock, valued at approximately $1,734,000. Eisler Capital Management Ltd. owned approximately 0.07% of Signet Jewelers at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in Signet Jewelers during the 4th quarter worth approximately $306,000. Mariner LLC lifted its stake in Signet Jewelers by 36.9% in the fourth quarter. Mariner LLC now owns 7,290 shares of the company's stock valued at $588,000 after purchasing an additional 1,963 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Signet Jewelers by 150.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,298 shares of the company's stock valued at $347,000 after purchasing an additional 2,582 shares during the last quarter. Hsbc Holdings PLC purchased a new position in Signet Jewelers in the fourth quarter valued at approximately $255,000. Finally, Price T Rowe Associates Inc. MD lifted its stake in Signet Jewelers by 7.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 31,154 shares of the company's stock valued at $2,515,000 after purchasing an additional 2,073 shares during the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Wall Street Zen downgraded Signet Jewelers from a "buy" rating to a "hold" rating in a research report on Saturday, August 16th. Jefferies Financial Group assumed coverage on Signet Jewelers in a research report on Monday, June 16th. They set a "buy" rating and a $102.00 target price on the stock. UBS Group increased their target price on Signet Jewelers from $84.00 to $95.00 and gave the stock a "buy" rating in a research report on Wednesday, June 4th. CL King assumed coverage on Signet Jewelers in a research report on Monday, May 5th. They set a "buy" rating and a $80.00 target price on the stock. Finally, Citigroup increased their target price 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 investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Signet Jewelers presently has an average rating of "Moderate Buy" and an average price target of $88.86.

Signet Jewelers Stock Performance

SIG traded down $2.27 during trading on Monday, reaching $87.59. The stock had a trading volume of 1,766,730 shares, compared to its average volume of 928,640. The stock has a market cap of $3.60 billion, a PE ratio of 95.20, a PEG ratio of 0.79 and a beta of 1.18. Signet Jewelers Limited has a one year low of $45.55 and a one year high of $106.28. The business has a 50-day moving average of $81.67 and a 200-day moving average of $68.04.

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

Signet Jewelers Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 22nd. Investors of record on Friday, July 25th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Friday, July 25th. Signet Jewelers's dividend payout ratio is currently 139.13%.

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.