Telsey Advisory Group Issues Pessimistic Forecast for Signet Jewelers (NYSE:SIG) Stock Price

Signet Jewelers (NYSE:SIG) had its price target trimmed by Telsey Advisory Group from $87.00 to $65.00 in a research note issued to investors on Wednesday, MarketBeat.com reports. They currently have a market perform rating on the stock. Telsey Advisory Group also issued estimates for Signet Jewelers’ Q4 2025 earnings at $6.28 EPS, FY2025 earnings at $8.61 EPS, Q4 2026 earnings at $6.00 EPS and FY2026 earnings at $9.11 EPS.

Other equities research analysts have also recently issued research reports about the stock. Wells Fargo & Company upped their price objective on shares of Signet Jewelers from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Wednesday, October 23rd. StockNews.com lowered shares of Signet Jewelers from a “buy” rating to a “hold” rating in a research report on Friday, December 6th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Signet Jewelers has a consensus rating of “Moderate Buy” and an average price target of $95.20.

Signet Jewelers Trading Up 1.2 %

Shares of SIG stock opened at $57.29 on Wednesday. The business has a 50-day moving average price of $85.61 and a two-hundred day moving average price of $87.19. Signet Jewelers has a 12-month low of $54.44 and a 12-month high of $112.06. The company has a quick ratio of 0.25, a current ratio of 1.55 and a debt-to-equity ratio of 0.14. The firm has a market cap of $2.49 billion, a P/E ratio of 6.59, a price-to-earnings-growth ratio of 0.95 and a beta of 2.13.

Signet Jewelers (NYSE:SIG) last released its earnings results on Thursday, December 5th. The company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.05). Signet Jewelers had a return on equity of 28.69% and a net margin of 8.57%. The firm had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.37 billion. During the same quarter in the previous year, the firm earned $0.24 EPS. The business’s quarterly revenue was down 3.1% compared to the same quarter last year. Equities analysts anticipate that Signet Jewelers will post 9.88 EPS for the current fiscal year.

Signet Jewelers Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, January 24th will be issued a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, January 24th. This represents a $1.16 dividend on an annualized basis and a yield of 2.02%. Signet Jewelers’s dividend payout ratio is currently 13.35%.

Insider Buying and Selling at Signet Jewelers

In other Signet Jewelers news, insider Joan M. Hilson sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 23rd. The stock was sold at an average price of $94.57, for a total transaction of $756,560.00. Following the completion of the transaction, the insider now owns 200,844 shares of the company’s stock, valued at $18,993,817.08. This represents a 3.83 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Eugenia Ulasewicz sold 3,333 shares of the stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $99.63, for a total value of $332,066.79. Following the completion of the sale, the director now owns 26,085 shares of the company’s stock, valued at approximately $2,598,848.55. This trade represents a 11.33 % decrease in their position. The disclosure for this sale can be found here. 3.26% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Signet Jewelers

A number of hedge funds and other institutional investors have recently made changes to their positions in SIG. MidWestOne Financial Group Inc. boosted its holdings in Signet Jewelers by 63.3% in the second quarter. MidWestOne Financial Group Inc. now owns 16,974 shares of the company’s stock valued at $1,521,000 after acquiring an additional 6,579 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of Signet Jewelers by 36.3% in the 4th quarter. Nordea Investment Management AB now owns 132,070 shares of the company’s stock worth $10,704,000 after purchasing an additional 35,174 shares during the period. Blueshift Asset Management LLC bought a new stake in shares of Signet Jewelers during the 3rd quarter valued at about $2,853,000. Ensign Peak Advisors Inc increased its position in shares of Signet Jewelers by 94.1% during the second quarter. Ensign Peak Advisors Inc now owns 30,483 shares of the company’s stock valued at $2,731,000 after buying an additional 14,775 shares during the period. Finally, Versor Investments LP bought a new position in Signet Jewelers in the third quarter worth about $977,000.

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.