Signet Jewelers (NYSE:SIG) Given Market Perform Rating at Telsey Advisory Group

Telsey Advisory Group reaffirmed their market perform rating on shares of Signet Jewelers (NYSE:SIG) in a report published on Wednesday morning,Benzinga reports. The brokerage currently has a $55.00 price objective on the stock. Telsey Advisory Group also issued estimates for Signet Jewelers’ Q1 2026 earnings at $1.08 EPS and Q4 2026 earnings at $6.27 EPS.

A number of other equities research analysts have also recently commented on SIG. Wells Fargo & Company lowered their price objective on shares of Signet Jewelers from $110.00 to $95.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Bank of America dropped their price objective on shares of Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating for the company in a research note on Wednesday, January 15th. Finally, StockNews.com lowered Signet Jewelers from a “buy” rating to a “hold” rating in a research note on Friday, December 6th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $93.20.

Signet Jewelers Trading Up 17.5 %

Shares of SIG opened at $56.73 on Wednesday. Signet Jewelers has a twelve month low of $45.55 and a twelve month high of $112.06. The company has a current ratio of 1.55, a quick ratio of 0.25 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $2.47 billion, a P/E ratio of 6.53, a PEG ratio of 3.43 and a beta of 2.20. The firm’s 50-day moving average is $55.25 and its two-hundred day moving average is $78.66.

Signet Jewelers (NYSE:SIG) last released its quarterly earnings data on Wednesday, March 19th. The company reported $6.62 earnings per share for the quarter, beating the consensus estimate of $6.39 by $0.23. The firm had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.33 billion. Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. Signet Jewelers’s quarterly revenue was down 5.8% on a year-over-year basis. During the same period last year, the business posted $6.73 EPS. On average, research analysts predict that Signet Jewelers will post 8.73 earnings per share for the current fiscal year.

Insider Activity

In other Signet Jewelers news, Director Eugenia Ulasewicz sold 3,333 shares of Signet Jewelers stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $54.13, for a total value of $180,415.29. Following the completion of the sale, the director now directly owns 22,752 shares of the company’s stock, valued at approximately $1,231,565.76. The trade was a 12.78 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 3.26% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP increased its stake in Signet Jewelers by 5.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,550,233 shares of the company’s stock valued at $205,830,000 after purchasing an additional 139,109 shares during the last quarter. Cooper Creek Partners Management LLC grew its holdings in Signet Jewelers by 1,046.3% in the 4th quarter. Cooper Creek Partners Management LLC now owns 1,889,413 shares of the company’s stock valued at $152,495,000 after buying an additional 1,724,592 shares during the period. Anomaly Capital Management LP increased its stake in shares of Signet Jewelers by 862.5% during the 4th quarter. Anomaly Capital Management LP now owns 1,762,523 shares of the company’s stock valued at $142,253,000 after acquiring an additional 1,579,410 shares during the last quarter. State Street Corp lifted its holdings in shares of Signet Jewelers by 1.0% during the 3rd quarter. State Street Corp now owns 1,756,075 shares of the company’s stock worth $181,122,000 after acquiring an additional 16,912 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of Signet Jewelers by 18.9% in the fourth quarter. American Century Companies Inc. now owns 1,150,441 shares of the company’s stock worth $92,852,000 after acquiring an additional 182,948 shares during the last quarter.

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.