Versor Investments LP Takes $250,000 Position in Signet Jewelers Limited $SIG

Key Points

• Versor Investments LP has acquired a new stake in Signet Jewelers Limited, purchasing 4,300 shares valued at approximately $250,000 during the first quarter.
• Multiple analysts have recently updated their ratings for Signet Jewelers, with price targets ranging from $75.00 to $102.00, reflecting a consensus rating of "Moderate Buy."
• Signet Jewelers reported a net revenue increase of 2.0% year-over-year, with earnings per share of $1.18, surpassing consensus estimates of $1.01.

Versor Investments LP bought a new stake in shares of Signet Jewelers Limited (NYSE:SIG - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,300 shares of the company's stock, valued at approximately $250,000.

Other hedge funds have also modified their holdings of the company. Allworth Financial LP lifted its holdings in shares of Signet Jewelers by 946.8% during the first quarter. Allworth Financial LP now owns 492 shares of the company's stock valued at $29,000 after purchasing an additional 445 shares during the last quarter. Headlands Technologies LLC purchased a new stake in shares of Signet Jewelers during the first quarter valued at $36,000. Versant Capital Management Inc lifted its holdings in shares of Signet Jewelers by 40.5% during the first quarter. Versant Capital Management Inc now owns 773 shares of the company's stock valued at $45,000 after purchasing an additional 223 shares during the last quarter. Byrne Asset Management LLC purchased a new stake in shares of Signet Jewelers during the first quarter valued at $45,000. Finally, Signaturefd LLC lifted its holdings in shares of Signet Jewelers by 174.1% during the first quarter. Signaturefd LLC now owns 943 shares of the company's stock valued at $55,000 after purchasing an additional 599 shares during the last quarter.

Analyst Ratings Changes

Several equities research analysts recently issued reports on SIG shares. Wells Fargo & Company increased their price objective 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. Bank of America increased their price objective on Signet Jewelers from $65.00 to $78.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 4th. Jefferies Financial Group began 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. Wall Street Zen downgraded Signet Jewelers from a "buy" rating to a "hold" rating in a research note on Saturday, August 16th. Finally, CL King began coverage on Signet Jewelers in a research note on Monday, May 5th. They set a "buy" rating and a $80.00 price target for the company. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Signet Jewelers currently has an average rating of "Moderate Buy" and an average target price of $88.86.

Signet Jewelers Price Performance

SIG opened at $82.2040 on Friday. Signet Jewelers Limited has a fifty-two week low of $45.55 and a fifty-two week high of $106.28. The business has a 50-day moving average of $80.73 and a 200-day moving average of $66.45. The company has a market capitalization of $3.38 billion, a PE ratio of 89.35, a price-to-earnings-growth ratio of 0.72 and a beta of 1.40.

Signet Jewelers (NYSE:SIG - Get Free Report) last issued its quarterly earnings data on Tuesday, June 3rd. The company reported $1.18 earnings per share 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 the consensus estimate 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% compared to the same quarter last year. During the same period last year, the business earned $1.11 EPS. Signet Jewelers has set its FY 2026 guidance at 7.700-9.380 EPS. Q2 2026 guidance at EPS. On average, equities research analysts expect that Signet Jewelers Limited will post 8.73 earnings per share for the current fiscal year.

Signet Jewelers Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 22nd. Stockholders of record on Friday, July 25th will be issued a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Friday, July 25th. Signet Jewelers's dividend payout ratio (DPR) is presently 139.13%.

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.

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