Signet Jewelers (NYSE:SIG) Price Target Lowered to $87.00 at Telsey Advisory Group

Signet Jewelers (NYSE:SIG) had its price objective reduced by Telsey Advisory Group from $105.00 to $87.00 in a research report report published on Monday morning, MarketBeat reports. Telsey Advisory Group currently has a market perform rating on the stock. Telsey Advisory Group also issued estimates for Signet Jewelers’ Q3 2025 earnings at $0.56 EPS, Q4 2025 earnings at $7.60 EPS, FY2025 earnings at $10.30 EPS, Q1 2026 earnings at $1.42 EPS, Q3 2026 earnings at $0.68 EPS, Q4 2026 earnings at $7.85 EPS and FY2026 earnings at $11.25 EPS.

Other equities research analysts have also recently issued reports about the company. StockNews.com cut Signet Jewelers from a buy rating to a hold rating in a report on Wednesday, September 4th. Wells Fargo & Company decreased their price objective on Signet Jewelers from $125.00 to $105.00 and set an overweight rating for the company in a report on Tuesday, August 27th. Finally, Citigroup reiterated a buy rating and set a $119.00 target price on shares of Signet Jewelers in a report on Friday, June 14th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of Moderate Buy and an average price target of $108.60.

Signet Jewelers Price Performance

SIG stock opened at $78.11 on Monday. The company has a market capitalization of $3.48 billion, a PE ratio of 6.35, a P/E/G ratio of 0.83 and a beta of 2.10. Signet Jewelers has a 12 month low of $65.12 and a 12 month high of $112.06. The firm’s 50-day moving average is $81.36 and its 200 day moving average is $92.39.

Signet Jewelers (NYSE:SIG) last posted its quarterly earnings results on Thursday, June 13th. The company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.29. Signet Jewelers had a net margin of 10.91% and a return on equity of 32.51%. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter in the previous year, the firm posted $1.78 earnings per share. The company’s revenue was down 9.4% on a year-over-year basis. Sell-side analysts forecast that Signet Jewelers will post 10.6 EPS for the current fiscal year.

Insider Transactions at Signet Jewelers

In related news, insider Mary Elizabeth Finn sold 8,000 shares of the firm’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $80.00, for a total transaction of $640,000.00. Following the sale, the insider now owns 46,821 shares of the company’s stock, valued at $3,745,680. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, insider Mary Elizabeth Finn sold 8,000 shares of the stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $80.00, for a total transaction of $640,000.00. Following the completion of the sale, the insider now owns 46,821 shares of the company’s stock, valued at $3,745,680. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Rebecca Wooters sold 3,000 shares of Signet Jewelers stock in a transaction on Monday, June 24th. The stock was sold at an average price of $90.34, for a total transaction of $271,020.00. Following the completion of the transaction, the insider now directly owns 90,494 shares in the company, valued at $8,175,227.96. The disclosure for this sale can be found here. In the last three months, insiders sold 57,439 shares of company stock valued at $4,809,869. Corporate insiders own 3.26% of the company’s stock.

Institutional Investors Weigh In On Signet Jewelers

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SIG. Brown Brothers Harriman & Co. acquired a new position in shares of Signet Jewelers during the second quarter valued at about $51,000. Hexagon Capital Partners LLC grew its holdings in shares of Signet Jewelers by 33.4% during the second quarter. Hexagon Capital Partners LLC now owns 699 shares of the company’s stock valued at $63,000 after buying an additional 175 shares during the last quarter. Blue Trust Inc. increased its position in shares of Signet Jewelers by 15.3% in the 2nd quarter. Blue Trust Inc. now owns 917 shares of the company’s stock valued at $82,000 after acquiring an additional 122 shares during the period. Quadrant Capital Group LLC raised its stake in Signet Jewelers by 55.1% in the 4th quarter. Quadrant Capital Group LLC now owns 1,532 shares of the company’s stock worth $164,000 after acquiring an additional 544 shares during the last quarter. Finally, Rothschild Investment LLC acquired a new stake in Signet Jewelers during the 2nd quarter worth about $180,000.

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.