Pacer Advisors Inc. Has $21.79 Million Position in Signet Jewelers Limited $SIG

Pacer Advisors Inc. lifted its position in shares of Signet Jewelers Limited (NYSE:SIG) by 16.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 262,926 shares of the company’s stock after acquiring an additional 37,238 shares during the period. Pacer Advisors Inc. owned approximately 0.65% of Signet Jewelers worth $21,791,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Dimensional Fund Advisors LP boosted its stake in Signet Jewelers by 2.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,392,954 shares of the company’s stock valued at $198,328,000 after buying an additional 46,789 shares in the last quarter. State Street Corp grew its stake in shares of Signet Jewelers by 1.6% in the fourth quarter. State Street Corp now owns 1,688,602 shares of the company’s stock worth $139,951,000 after purchasing an additional 27,379 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Signet Jewelers by 12.3% in the third quarter. American Century Companies Inc. now owns 1,592,735 shares of the company’s stock valued at $152,775,000 after buying an additional 174,873 shares during the period. LSV Asset Management increased its stake in shares of Signet Jewelers by 90.0% in the fourth quarter. LSV Asset Management now owns 1,077,851 shares of the company’s stock valued at $89,332,000 after buying an additional 510,551 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Signet Jewelers by 9.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 944,668 shares of the company’s stock worth $90,613,000 after acquiring an additional 82,899 shares during the last quarter.

Analyst Upgrades and Downgrades

SIG has been the topic of a number of recent analyst reports. Stephens restated an “overweight” rating and issued a $130.00 price target on shares of Signet Jewelers in a research report on Friday, May 29th. Citigroup increased their price target on Signet Jewelers from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. UBS Group dropped their price objective on shares of Signet Jewelers from $126.00 to $121.00 and set a “buy” rating on the stock in a research note on Friday, May 22nd. Royal Bank Of Canada raised shares of Signet Jewelers to a “hold” rating in a research report on Monday, March 30th. Finally, Wells Fargo & Company restated a “mixed” rating on shares of Signet Jewelers in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Signet Jewelers presently has an average rating of “Moderate Buy” and a consensus price target of $112.88.

Signet Jewelers Stock Down 0.2%

Signet Jewelers stock opened at $88.07 on Friday. The company’s 50 day moving average price is $86.47 and its two-hundred day moving average price is $88.50. The stock has a market cap of $3.46 billion, a P/E ratio of 12.35, a P/E/G ratio of 0.93 and a beta of 1.17. Signet Jewelers Limited has a 52 week low of $71.61 and a 52 week high of $110.20.

Signet Jewelers (NYSE:SIG) last announced its quarterly earnings data on Tuesday, June 2nd. The company reported $1.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.18. The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.55 billion. Signet Jewelers had a return on equity of 22.54% and a net margin of 4.29%.The business’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.18 EPS. Signet Jewelers has set its FY 2027 guidance at 9.200-11.000 EPS. On average, equities analysts anticipate that Signet Jewelers Limited will post 10.57 EPS for the current year.

Signet Jewelers Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Friday, July 24th will be paid a $0.35 dividend. The ex-dividend date is Friday, July 24th. This represents a $1.40 annualized dividend and a yield of 1.6%. Signet Jewelers’s dividend payout ratio is presently 17.95%.

Signet Jewelers Profile

Signet Jewelers Ltd is the world’s largest retailer of diamond jewelry, operating a diversified network of retail stores across the United States, Canada, the United Kingdom and Ireland. Its portfolio includes well-established banners such as Kay Jewelers, Zales, Jared The Galleria of Jewelry, H.Samuel, Ernest Jones, Peoples and Piercing Pagoda, offering customers a range of shopping environments from suburban malls to high-street locations.

The company’s product assortment encompasses engagement rings, wedding bands, fine fashion jewelry and timepieces, complemented by services including jewelry cleaning, repairs, appraisals and extended care plans.