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SIG

SIGNET JEWELERS LIMITED

In the published model solve dated 2026-Q2, anchored at $96.45, SIGNET JEWELERS LIMITED (SIG) is priced for -2.6% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 28, 2026 from SEC EDGAR filings.

Published model solve
-2.6% growth
Priced In
within-range

Key Takeaways

• Signet is the largest specialty jewelry retailer in North America, running Kay, Zales and Jared as mall and off-mall banners with a loyalty program that had over 10.5 million enrolled members at the end of fiscal 2025, the kind of repeat-purchase engine most jewelers lack. • The price embeds almost no growth: at today's level the market is paying about 12 times through-the-cycle operating income and implies operating profit declining roughly 3% a year, which is the market pricing a structurall

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Institutional ownership

338 institutional managers reported holding SIG in 13F filings for the quarter ended 2026-03-31. 59 opened new positions that quarter. Held by BlackRock, Vanguard Group, FMR (Fidelity), among others. On the short side, 5.1M shares were sold short as of the 2026-06-15 count, about 13% of shares outstanding (4.6 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

SIG has cut its share count 24.1% over the past five years, spending $1.25B on repurchases. It pays a dividend, and has for 14 years running, raised 4 years straight; the current rate is $1.28 a share annually. Cash returned over the past three years: $144.40M in dividends and $526.10M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at SIG over the trailing three years: 2025: 2 buys totaling $962k. 34 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

SIG's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-06-09-13.8%+30.7%
2023-09-01+10.0%-3.6%
2023-12-06+12.4%+3.3%
2024-03-22-12.2%+12.8%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

SIG's latest 8-K filings: 2026-07-02 (items 5.02); 2026-06-30 (items 5.07); 2026-06-08 (items 8.01); 2026-06-02 (items 2.02, 9.01); 2026-05-08 (items 5.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: June 28, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.