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

Signet Jewelers (NYSE:SIG) had its price target lowered by Telsey Advisory Group from $65.00 to $55.00 in a research note published 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 2026 earnings at $1.31 EPS, Q3 2026 earnings at $0.35 EPS and FY2026 earnings at $9.01 EPS.

Several other research firms also recently commented on SIG. Bank of America decreased their price target on shares of Signet Jewelers from $95.00 to $65.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 15th. StockNews.com downgraded shares of Signet Jewelers from a “buy” rating to a “hold” rating in a research note on Friday, December 6th. Finally, Wells Fargo & Company decreased their price target on shares of Signet Jewelers from $110.00 to $95.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $93.20.

Signet Jewelers Price Performance

Shares of SIG opened at $47.96 on Thursday. The firm has a market capitalization of $2.09 billion, a PE ratio of 5.52, a PEG ratio of 3.43 and a beta of 2.20. The company’s 50-day moving average is $56.75 and its 200-day moving average is $79.34. Signet Jewelers has a fifty-two week low of $45.55 and a fifty-two week high of $112.06. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.55 and a quick ratio of 0.25.

Insider Buying and Selling at Signet Jewelers

In other Signet Jewelers news, Director Eugenia Ulasewicz sold 3,333 shares of the firm’s stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $54.13, for a total value of $180,415.29. Following the transaction, the director now directly owns 22,752 shares of the company’s stock, valued at $1,231,565.76. This trade represents a 12.78 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 3.26% of the company’s stock.

Institutional Investors Weigh In On Signet Jewelers

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its position in Signet Jewelers by 5.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,550,233 shares of the company’s stock worth $205,830,000 after buying an additional 139,109 shares during the period. Cooper Creek Partners Management LLC boosted its position in Signet Jewelers by 1,046.3% during the 4th quarter. Cooper Creek Partners Management LLC now owns 1,889,413 shares of the company’s stock worth $152,495,000 after buying an additional 1,724,592 shares during the period. Anomaly Capital Management LP boosted its position in Signet Jewelers by 862.5% during the 4th quarter. Anomaly Capital Management LP now owns 1,762,523 shares of the company’s stock worth $142,253,000 after buying an additional 1,579,410 shares during the period. State Street Corp boosted its position in Signet Jewelers by 1.0% during the 3rd quarter. State Street Corp now owns 1,756,075 shares of the company’s stock worth $181,122,000 after buying an additional 16,912 shares during the period. Finally, American Century Companies Inc. boosted its position in Signet Jewelers by 18.9% during the 4th quarter. American Century Companies Inc. now owns 1,150,441 shares of the company’s stock worth $92,852,000 after buying an additional 182,948 shares during the period.

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.