Kirsten Dunst is turning quite a few heads with her sparkly new ring — is it a sign that she and Fargo co-star Jesse Plemons are engaged?

According to PeopleDunst arrived at the Palm Springs Film Festival on January 2 sporting a huge sparkler — more specifically, an oval-shaped diamond "enclosed by tapered baguettes and set on a gold band" that the site described as old-school Hollywood glam.

Dunst also sported the ring during an appearance The Late Late Show With James Corden just days later.

Dunst and Plemons made their first public appearance as a couple in May 2016, months after Dunst broke up with longtime boyfriend Garrett Hedlund.

Dunst told In Style UK in a March 2016 interview that she could see herself eventually getting married.

“I am someone who wants to get married… If it happens in my mid-to-late 30s, it’s going to be intimate,” she said, and noted her ideal day might include a “courthouse, dinner party and DJ with friends and family. I’ll treat it like it would be my fortieth birthday.”

See a Collection of Dazzling Celeb Engagement Rings: