Telsey Advisory Group Cuts Signet Jewelers (NYSE:SIG) Price Target to $100.00

Signet Jewelers (NYSE:SIGFree Report) had its price target lowered by Telsey Advisory Group from $105.00 to $100.00 in a report released on Thursday morning, Marketbeat Ratings reports. The brokerage currently has a market perform rating on the stock. Telsey Advisory Group also issued estimates for Signet Jewelers’ Q2 2025 earnings at $1.54 EPS, Q3 2025 earnings at $0.57 EPS and FY2026 earnings at $10.45 EPS.

Several other equities analysts have also recently weighed in on the stock. UBS Group dropped their price target on shares of Signet Jewelers from $138.00 to $134.00 and set a buy rating on the stock in a research report on Tuesday, March 19th. Citigroup raised shares of Signet Jewelers from a neutral rating to a buy rating and raised their price target for the company from $93.00 to $119.00 in a research report on Wednesday, December 6th. StockNews.com upgraded shares of Signet Jewelers from a hold rating to a buy rating in a report on Monday, March 18th. Finally, Wells Fargo & Company boosted their price target on shares of Signet Jewelers from $110.00 to $120.00 and gave the stock an overweight rating in a report on Friday, December 22nd. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and an average price target of $114.60.

View Our Latest Stock Analysis on SIG

Signet Jewelers Price Performance

SIG stock opened at $91.11 on Thursday. The stock has a market capitalization of $4.04 billion, a PE ratio of 6.08, a price-to-earnings-growth ratio of 1.19 and a beta of 2.13. The company’s 50-day moving average is $100.15 and its 200-day moving average is $88.79. Signet Jewelers has a 1 year low of $57.10 and a 1 year high of $108.79.

Signet Jewelers (NYSE:SIGGet Free Report) last released its quarterly earnings data on Wednesday, March 20th. The company reported $6.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.33 by $0.40. Signet Jewelers had a net margin of 11.30% and a return on equity of 32.26%. The company had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.55 billion. During the same quarter in the prior year, the firm earned $5.52 EPS. The business’s revenue was down 6.3% on a year-over-year basis. On average, analysts anticipate that Signet Jewelers will post 9.45 earnings per share for the current fiscal year.

Signet Jewelers Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Investors of record on Friday, April 26th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Thursday, April 25th. This represents a $1.16 annualized dividend and a yield of 1.27%. This is a positive change from Signet Jewelers’s previous quarterly dividend of $0.23. Signet Jewelers’s dividend payout ratio is presently 6.14%.

Insiders Place Their Bets

In other news, insider Stash Ptak sold 750 shares of the firm’s stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $100.36, for a total transaction of $75,270.00. Following the completion of the sale, the insider now owns 23,321 shares in the company, valued at approximately $2,340,495.56. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, insider Stash Ptak sold 750 shares of the stock in a transaction on Friday, January 12th. The stock was sold at an average price of $100.36, for a total transaction of $75,270.00. Following the completion of the transaction, the insider now owns 23,321 shares in the company, valued at approximately $2,340,495.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mary Elizabeth Finn sold 5,431 shares of Signet Jewelers stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $93.66, for a total value of $508,667.46. Following the completion of the sale, the insider now directly owns 70,607 shares of the company’s stock, valued at approximately $6,613,051.62. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 79,004 shares of company stock valued at $7,777,634. Company insiders own 4.54% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SIG. SummerHaven Investment Management LLC boosted its stake in Signet Jewelers by 1.1% during the fourth quarter. SummerHaven Investment Management LLC now owns 10,163 shares of the company’s stock valued at $1,090,000 after buying an additional 106 shares during the period. Hexagon Capital Partners LLC grew its holdings in shares of Signet Jewelers by 37.0% during the fourth quarter. Hexagon Capital Partners LLC now owns 470 shares of the company’s stock worth $50,000 after purchasing an additional 127 shares in the last quarter. Rafferty Asset Management LLC increased its position in shares of Signet Jewelers by 2.2% in the fourth quarter. Rafferty Asset Management LLC now owns 6,174 shares of the company’s stock worth $662,000 after purchasing an additional 130 shares during the last quarter. Bessemer Group Inc. raised its stake in Signet Jewelers by 1.6% in the second quarter. Bessemer Group Inc. now owns 9,244 shares of the company’s stock valued at $604,000 after purchasing an additional 144 shares in the last quarter. Finally, Commerce Bank lifted its position in Signet Jewelers by 5.3% during the fourth quarter. Commerce Bank now owns 2,941 shares of the company’s stock valued at $315,000 after purchasing an additional 148 shares during the last quarter.

About Signet Jewelers

(Get Free Report)

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 Jewelers, Zales Outlet, 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.

Further Reading

Analyst Recommendations for Signet Jewelers (NYSE:SIG)

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