Signet Jewelers (NYSE:SIG) PT Lowered to $87.00

Signet Jewelers (NYSE:SIG) had its price target decreased by equities researchers at Telsey Advisory Group from $105.00 to $87.00 in a report released on Monday, Marketbeat reports. The firm currently has a “market perform” rating on the stock. Telsey Advisory Group’s price target points to a potential upside of 14.08% from the stock’s previous close. 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.

Several other brokerages have also recently weighed in on SIG. Citigroup reaffirmed a “buy” rating and issued a $119.00 price target on shares of Signet Jewelers in a research report on Friday, June 14th. Wells Fargo & Company dropped their target price on Signet Jewelers from $125.00 to $105.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 27th. Finally, StockNews.com lowered Signet Jewelers from a “buy” rating to a “hold” rating in a research report on Wednesday, September 4th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $112.60.

Signet Jewelers Stock Performance

Shares of SIG stock opened at $76.26 on Monday. The stock has a 50 day moving average price of $81.57 and a 200 day moving average price of $92.49. The firm has a market capitalization of $3.40 billion, a P/E ratio of 6.20, a P/E/G ratio of 0.83 and a beta of 2.11. Signet Jewelers has a 52-week low of $65.12 and a 52-week high of $112.06.

Signet Jewelers (NYSE:SIG) last issued its earnings results on Thursday, June 13th. The company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $1.52 billion. During the same period in the previous year, the firm earned $1.78 earnings per share. The business’s revenue was down 9.4% on a year-over-year basis. As a group, sell-side analysts forecast that Signet Jewelers will post 10.6 EPS for the current year.

Insider Buying and Selling

In other Signet Jewelers news, insider Oded Edelman sold 9,000 shares of the firm’s stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $74.55, for a total value of $670,950.00. Following the completion of the sale, the insider now owns 28,398 shares of the company’s stock, valued at $2,117,070.90. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other Signet Jewelers news, Director Eugenia Ulasewicz sold 3,334 shares of the firm’s stock in a transaction that occurred on Friday, July 5th. The shares were sold at an average price of $87.94, for a total transaction of $293,191.96. Following the completion of the transaction, the director now directly owns 29,418 shares of the company’s stock, valued at approximately $2,587,018.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Oded Edelman sold 9,000 shares of the company’s stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $74.55, for a total transaction of $670,950.00. Following the completion of the sale, the insider now directly owns 28,398 shares in the company, valued at $2,117,070.90. The disclosure for this sale can be found here. Insiders have sold a total of 57,439 shares of company stock worth $4,809,869 in the last ninety days. 3.26% of the stock is owned by insiders.

Institutional Inflows and Outflows

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

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.