Invesco Ltd. Boosts Stake in Signet Jewelers Limited $SIG

Key Points

• Invesco Ltd. increased its stake in Signet Jewelers by 24.0% during the first quarter, now owning 415,033 shares worth approximately $24.1 million.
• Signet Jewelers recently reported earnings of $1.18 per share, beating analysts' expectations, and set guidance for FY 2026 at 7.700-9.380 EPS.
• The company declared a quarterly dividend of $0.32 per share, with an ex-dividend date on July 25th, reflecting a 1.6% yield.

Invesco Ltd. raised its position in Signet Jewelers Limited (NYSE:SIG - Free Report) by 24.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 415,033 shares of the company's stock after acquiring an additional 80,308 shares during the period. Invesco Ltd. owned approximately 0.97% of Signet Jewelers worth $24,097,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of SIG. Allworth Financial LP lifted its position in shares of Signet Jewelers by 946.8% during the 1st quarter. Allworth Financial LP now owns 492 shares of the company's stock valued at $29,000 after buying an additional 445 shares during the last quarter. Headlands Technologies LLC bought a new position in Signet Jewelers during the 1st quarter worth approximately $36,000. Versant Capital Management Inc grew its position in shares of Signet Jewelers by 40.5% in 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 bought a new stake in shares of Signet Jewelers in the 1st quarter worth approximately $45,000. Finally, Signaturefd LLC increased its position in Signet Jewelers by 174.1% during the 1st quarter. Signaturefd LLC now owns 943 shares of the company's stock valued at $55,000 after purchasing an additional 599 shares during the period.

Signet Jewelers Stock Performance

NYSE SIG traded down $1.7860 on Monday, reaching $85.5440. 263,737 shares of the stock traded hands, compared to its average volume of 1,332,920. Signet Jewelers Limited has a 12 month low of $45.55 and a 12 month high of $106.28. The company has a fifty day moving average price of $80.95 and a 200-day moving average price of $66.82. The company has a market cap of $3.52 billion, a price-to-earnings ratio of 92.98, a PEG ratio of 0.79 and a beta of 1.40.

Signet Jewelers (NYSE:SIG - Get Free Report) last announced its 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 return on equity of 22.41% and a net margin of 0.63%.The firm had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the business earned $1.11 EPS. The firm'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. As a group, research analysts anticipate that Signet Jewelers Limited will post 8.73 earnings per share for the current fiscal year.

Signet Jewelers Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Stockholders of record on Friday, July 25th were 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 was Friday, July 25th. Signet Jewelers's dividend payout ratio (DPR) is currently 139.13%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on SIG shares. Telsey Advisory Group lifted their price target on Signet Jewelers from $80.00 to $92.00 and gave the company a "market perform" rating in a research report on Friday, July 25th. UBS Group boosted their price target on Signet Jewelers from $84.00 to $95.00 and gave the stock a "buy" rating in a research note on Wednesday, June 4th. Wells Fargo & Company boosted their price target on Signet Jewelers from $70.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Wednesday, June 4th. CL King assumed coverage on shares of Signet Jewelers in a research report on Monday, May 5th. They set a "buy" rating and a $80.00 price target for the company. Finally, Bank of America upped their price target on Signet Jewelers from $65.00 to $78.00 and gave the stock a "neutral" rating in a research report on Wednesday, June 4th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $88.86.

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.