Federal Signal Corporation $FSS Shares Bought by Orion Porfolio Solutions LLC

Orion Porfolio Solutions LLC grew its holdings in shares of Federal Signal Corporation (NYSE:FSS) by 34.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,690 shares of the conglomerate’s stock after purchasing an additional 4,800 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Federal Signal were worth $1,989,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in FSS. EverSource Wealth Advisors LLC lifted its position in Federal Signal by 140.6% during the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock worth $26,000 after buying an additional 142 shares during the period. MAI Capital Management grew its holdings in Federal Signal by 1,003.8% in the 2nd quarter. MAI Capital Management now owns 287 shares of the conglomerate’s stock valued at $31,000 after buying an additional 261 shares during the period. Physician Wealth Advisors Inc. increased its stake in shares of Federal Signal by 47.0% during the 2nd quarter. Physician Wealth Advisors Inc. now owns 291 shares of the conglomerate’s stock valued at $31,000 after acquiring an additional 93 shares during the last quarter. TD Waterhouse Canada Inc. acquired a new position in shares of Federal Signal during the 2nd quarter valued at about $37,000. Finally, Signaturefd LLC lifted its holdings in shares of Federal Signal by 46.3% during the 2nd quarter. Signaturefd LLC now owns 660 shares of the conglomerate’s stock worth $70,000 after acquiring an additional 209 shares during the period. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Analyst Upgrades and Downgrades

FSS has been the subject of a number of recent analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of Federal Signal in a report on Monday, December 15th. Zacks Research lowered shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Federal Signal has an average rating of “Hold” and a consensus price target of $123.00.

Federal Signal Stock Up 1.1%

FSS opened at $112.43 on Friday. Federal Signal Corporation has a 1 year low of $66.47 and a 1 year high of $132.89. The firm has a 50 day moving average price of $114.19 and a 200 day moving average price of $115.45. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.25 and a current ratio of 2.61. The company has a market cap of $6.84 billion, a PE ratio of 29.36, a price-to-earnings-growth ratio of 1.94 and a beta of 1.34.

Federal Signal (NYSE:FSS) last released its quarterly earnings data on Thursday, October 30th. The conglomerate reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.07. Federal Signal had a net margin of 11.47% and a return on equity of 19.50%. The company had revenue of $555.00 million during the quarter, compared to the consensus estimate of $545.19 million. During the same period in the previous year, the firm earned $0.87 earnings per share. Federal Signal’s revenue for the quarter was up 17.0% on a year-over-year basis. Federal Signal has set its FY 2025 guidance at 4.090-4.170 EPS. Sell-side analysts expect that Federal Signal Corporation will post 3.34 earnings per share for the current year.

Federal Signal Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Friday, November 14th were issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.5%. The ex-dividend date was Friday, November 14th. Federal Signal’s dividend payout ratio is currently 14.62%.

Insider Buying and Selling

In other Federal Signal news, COO Mark Weber sold 51,187 shares of the business’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $111.56, for a total transaction of $5,710,421.72. Following the transaction, the chief operating officer owned 73,874 shares in the company, valued at $8,241,383.44. The trade was a 40.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.30% of the stock is owned by company insiders.

Federal Signal Profile

Federal Signal Corporation (NYSE: FSS), headquartered in Oak Brook, Illinois, is a diversified industrial company that designs, manufactures and markets a broad range of products and services for municipal, commercial and industrial customers worldwide. Founded in 1901 in Chicago, the company has grown through a combination of organic investment and strategic acquisitions to become a leading provider of environmental management and safety and security solutions.

Federal Signal operates through two primary business segments.