Grantham Mayo Van Otterloo & Co. LLC Sells 10,365 Shares of Signet Jewelers Limited $SIG

Grantham Mayo Van Otterloo & Co. LLC lessened its holdings in Signet Jewelers Limited (NYSE:SIG) by 14.3% in the 2nd quarter, Holdings Channel reports. The firm owned 62,201 shares of the company’s stock after selling 10,365 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Signet Jewelers were worth $4,948,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Quadrant Capital Group LLC increased its position in Signet Jewelers by 1.9% during the second quarter. Quadrant Capital Group LLC now owns 8,696 shares of the company’s stock worth $692,000 after buying an additional 162 shares during the last quarter. Vinva Investment Management Ltd bought a new stake in shares of Signet Jewelers during the 2nd quarter worth about $204,000. Russell Investments Group Ltd. increased its holdings in shares of Signet Jewelers by 14.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 46,654 shares of the company’s stock valued at $3,711,000 after acquiring an additional 5,983 shares during the last quarter. Eisler Capital Management Ltd. raised its stake in shares of Signet Jewelers by 114.5% in the 2nd quarter. Eisler Capital Management Ltd. now owns 64,105 shares of the company’s stock valued at $5,113,000 after acquiring an additional 34,225 shares in the last quarter. Finally, Prudential Financial Inc. raised its stake in shares of Signet Jewelers by 55.4% in the 2nd quarter. Prudential Financial Inc. now owns 5,935 shares of the company’s stock valued at $472,000 after acquiring an additional 2,116 shares in the last quarter.

Signet Jewelers Price Performance

NYSE:SIG opened at $100.19 on Friday. Signet Jewelers Limited has a one year low of $45.55 and a one year high of $110.20. The company has a fifty day moving average price of $99.08 and a 200 day moving average price of $86.98. The stock has a market cap of $4.10 billion, a P/E ratio of 33.62, a PEG ratio of 1.16 and a beta of 1.30.

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

Signet Jewelers Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Friday, October 24th were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.3%. The ex-dividend date was Friday, October 24th. Signet Jewelers’s payout ratio is currently 42.95%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Signet Jewelers in a research report on Wednesday, October 8th. UBS Group upped their price objective on shares of Signet Jewelers from $95.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Citigroup raised their target price on shares of Signet Jewelers from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, September 3rd. Stephens assumed coverage on shares of Signet Jewelers in a research report on Tuesday, November 11th. They set an “overweight” rating and a $150.00 target price for the company. Finally, Bank of America raised their price target on Signet Jewelers from $90.00 to $100.00 and gave the company a “neutral” rating in a research report on Wednesday, September 3rd. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $105.50.

Signet Jewelers 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.