Signet Jewelers Limited $SIG Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. decreased its holdings in Signet Jewelers Limited (NYSE:SIG) by 1.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 1,824,917 shares of the company’s stock after selling 34,586 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Signet Jewelers were worth $145,172,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Hotchkis & Wiley Capital Management LLC grew its stake in shares of Signet Jewelers by 56.5% during the 1st quarter. Hotchkis & Wiley Capital Management LLC now owns 180,744 shares of the company’s stock worth $10,494,000 after purchasing an additional 65,234 shares during the period. Nordea Investment Management AB boosted its holdings in Signet Jewelers by 1.7% during the second quarter. Nordea Investment Management AB now owns 148,699 shares of the company’s stock worth $11,828,000 after buying an additional 2,487 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Signet Jewelers by 8.1% during the first quarter. Vanguard Group Inc. now owns 5,205,964 shares of the company’s stock worth $302,258,000 after buying an additional 389,852 shares in the last quarter. Bayforest Capital Ltd acquired a new position in Signet Jewelers during the first quarter worth about $1,095,000. Finally, Nuveen LLC purchased a new position in Signet Jewelers in the first quarter valued at about $21,646,000.

Wall Street Analyst Weigh In

SIG has been the topic of several research analyst reports. Citigroup boosted their price target on Signet Jewelers from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Telsey Advisory Group reiterated a “market perform” rating and set a $92.00 target price on shares of Signet Jewelers in a research report on Tuesday. Wells Fargo & Company upped their target price on Signet Jewelers from $90.00 to $100.00 and gave the company an “equal weight” rating in a report on Thursday, October 23rd. Stephens assumed coverage on Signet Jewelers in a research note on Tuesday, November 11th. They set an “overweight” rating and a $150.00 price target for the company. Finally, Bank of America boosted their price objective on shares of Signet Jewelers from $90.00 to $100.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Five investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $105.50.

Signet Jewelers Stock Performance

Signet Jewelers stock opened at $103.59 on Thursday. Signet Jewelers Limited has a fifty-two week low of $45.55 and a fifty-two week high of $110.20. The company has a market capitalization of $4.24 billion, a price-to-earnings ratio of 34.76, a PEG ratio of 1.16 and a beta of 1.30. The stock has a fifty day moving average of $98.86 and a two-hundred day moving average of $86.52.

Signet Jewelers (NYSE:SIG) last posted its quarterly earnings data on Tuesday, September 2nd. The company reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.21 by $0.40. The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.50 billion. Signet Jewelers had a return on equity of 23.42% and a net margin of 1.95%.The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.25 earnings per share. Signet Jewelers has set its FY 2026 guidance at 8.040-9.570 EPS. Q3 2026 guidance at EPS. On average, analysts forecast that Signet Jewelers Limited will post 8.73 EPS for the current fiscal year.

Signet Jewelers Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Friday, October 24th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, October 24th. Signet Jewelers’s payout ratio is currently 42.95%.

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.