Signet Jewelers Limited $SIG Stock Position Lifted by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund grew its holdings in shares of Signet Jewelers Limited (NYSE:SIG) by 12.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 89,852 shares of the company’s stock after purchasing an additional 10,296 shares during the period. Illinois Municipal Retirement Fund owned approximately 0.22% of Signet Jewelers worth $7,148,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. increased its stake in Signet Jewelers by 37.1% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 146,213 shares of the company’s stock valued at $11,631,000 after buying an additional 39,559 shares during the period. Fox Run Management L.L.C. lifted its stake in shares of Signet Jewelers by 46.6% in the 2nd quarter. Fox Run Management L.L.C. now owns 25,715 shares of the company’s stock worth $2,046,000 after acquiring an additional 8,171 shares during the period. Savant Capital LLC bought a new position in shares of Signet Jewelers in the second quarter valued at approximately $278,000. Simon Quick Advisors LLC increased its stake in shares of Signet Jewelers by 4.2% during the second quarter. Simon Quick Advisors LLC now owns 6,190 shares of the company’s stock valued at $492,000 after acquiring an additional 252 shares during the period. Finally, Atria Investments Inc bought a new stake in Signet Jewelers during the second quarter worth approximately $319,000.

Signet Jewelers Stock Up 1.5%

NYSE:SIG opened at $102.92 on Wednesday. The stock has a fifty day simple moving average of $97.52 and a 200 day simple moving average of $83.85. The firm has a market capitalization of $4.21 billion, a price-to-earnings ratio of 34.54, a price-to-earnings-growth ratio of 1.17 and a beta of 1.30. Signet Jewelers Limited has a 1-year low of $45.55 and a 1-year high of $110.20.

Signet Jewelers (NYSE:SIG) last posted its quarterly earnings data 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. Signet Jewelers had a return on equity of 23.42% and a net margin of 1.95%.The firm had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the previous year, the company earned $1.25 EPS. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. Signet Jewelers has set its FY 2026 guidance at 8.040-9.570 EPS. Q3 2026 guidance at EPS. Equities analysts predict that Signet Jewelers Limited will post 8.73 earnings per share for the current year.

Signet Jewelers Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 21st. Investors of record on Friday, October 24th will be given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Friday, October 24th. Signet Jewelers’s dividend payout ratio is 42.95%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on SIG shares. Wells Fargo & Company increased their price target on Signet Jewelers from $90.00 to $100.00 and gave the company an “equal weight” rating in a research note on Thursday, October 23rd. Wall Street Zen raised Signet Jewelers from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Citigroup lifted their target price on Signet Jewelers from $100.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Bank of America upped their price target on shares of Signet Jewelers from $90.00 to $100.00 and gave the company a “neutral” rating in a report on Wednesday, September 3rd. Finally, UBS Group lifted their price objective on shares of Signet Jewelers from $95.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, September 3rd. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Signet Jewelers currently has a consensus rating of “Moderate Buy” and an average price target of $105.50.

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.