Signet Jewelers Limited $SIG Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D lowered its stake in Signet Jewelers Limited (NYSE:SIG) by 22.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,328 shares of the company’s stock after selling 8,633 shares during the period. State of New Jersey Common Pension Fund D owned about 0.07% of Signet Jewelers worth $2,333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Signet Jewelers by 8.1% in the 1st quarter. Vanguard Group Inc. now owns 5,205,964 shares of the company’s stock valued at $302,258,000 after purchasing an additional 389,852 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Signet Jewelers by 175.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,859,503 shares of the company’s stock worth $107,963,000 after acquiring an additional 1,183,214 shares in the last quarter. American Century Companies Inc. raised its position in shares of Signet Jewelers by 17.1% during the 1st quarter. American Century Companies Inc. now owns 1,347,346 shares of the company’s stock worth $78,227,000 after acquiring an additional 196,905 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Signet Jewelers by 33.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 849,692 shares of the company’s stock worth $49,333,000 after acquiring an additional 213,365 shares in the last quarter. Finally, Brown Advisory Inc. raised its position in shares of Signet Jewelers by 35.2% during the 1st quarter. Brown Advisory Inc. now owns 846,927 shares of the company’s stock worth $49,173,000 after acquiring an additional 220,610 shares in the last quarter.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on SIG shares. Wall Street Zen raised Signet Jewelers from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Wells Fargo & Company raised their target price on Signet Jewelers from $90.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 23rd. UBS Group raised their target price on Signet Jewelers from $95.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, September 3rd. Telsey Advisory Group reissued a “market perform” rating and set a $92.00 target price on shares of Signet Jewelers in a research report on Tuesday, September 2nd. Finally, Bank of America raised their target price on Signet Jewelers from $90.00 to $100.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $99.14.

Signet Jewelers Stock Down 0.6%

NYSE:SIG opened at $102.68 on Wednesday. The company has a market capitalization of $4.20 billion, a PE ratio of 34.46, a P/E/G ratio of 1.19 and a beta of 1.23. The stock’s 50 day moving average price is $94.95 and its 200 day moving average price is $80.61. Signet Jewelers Limited has a 52-week low of $45.55 and a 52-week high of $110.20.

Signet Jewelers (NYSE:SIG) last released its earnings results on Tuesday, September 2nd. The company reported $1.61 earnings per share (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 company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.25 earnings per share. Signet Jewelers has set its FY 2026 guidance at 8.040-9.570 EPS. Q3 2026 guidance at EPS. As a group, sell-side analysts anticipate that Signet Jewelers Limited will post 8.73 EPS for the current fiscal year.

Signet Jewelers Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, October 24th will be issued a $0.32 dividend. The ex-dividend date of this dividend is Friday, October 24th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.2%. Signet Jewelers’s payout ratio is presently 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.