Blair William & Co. IL Raises Position in Federal Signal Corporation $FSS

Blair William & Co. IL raised its position in shares of Federal Signal Corporation (NYSE:FSS) by 19.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 48,343 shares of the conglomerate’s stock after acquiring an additional 7,988 shares during the quarter. Blair William & Co. IL owned approximately 0.08% of Federal Signal worth $5,752,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in FSS. EverSource Wealth Advisors LLC lifted its stake in shares of Federal Signal by 140.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock valued at $26,000 after purchasing an additional 142 shares during the period. MAI Capital Management grew its stake in Federal Signal by 1,003.8% in the second quarter. MAI Capital Management now owns 287 shares of the conglomerate’s stock worth $31,000 after purchasing an additional 261 shares during the period. CoreCap Advisors LLC raised its holdings in Federal Signal by 50.0% in the third quarter. CoreCap Advisors LLC now owns 300 shares of the conglomerate’s stock worth $36,000 after purchasing an additional 100 shares in the last quarter. Salomon & Ludwin LLC bought a new position in Federal Signal in the third quarter worth $39,000. Finally, TD Waterhouse Canada Inc. purchased a new position in Federal Signal during the second quarter valued at $37,000. Institutional investors own 92.73% of the company’s stock.

Federal Signal Stock Up 2.2%

NYSE:FSS opened at $108.55 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.35 and a current ratio of 3.02. The firm has a market cap of $6.61 billion, a P/E ratio of 27.07, a P/E/G ratio of 1.62 and a beta of 1.32. Federal Signal Corporation has a fifty-two week low of $66.47 and a fifty-two week high of $132.89. The firm has a 50-day simple moving average of $114.60 and a two-hundred day simple moving average of $116.45.

Federal Signal (NYSE:FSS) last posted its quarterly earnings results on Wednesday, February 25th. The conglomerate reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.08. The firm had revenue of $597.10 million for the quarter, compared to analysts’ expectations of $551.36 million. Federal Signal had a net margin of 11.31% and a return on equity of 20.14%. The business’s revenue for the quarter was up 26.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.87 earnings per share. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS. Analysts predict that Federal Signal Corporation will post 3.34 earnings per share for the current fiscal year.

Federal Signal Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Friday, March 13th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from Federal Signal’s previous quarterly dividend of $0.14. Federal Signal’s dividend payout ratio is 13.97%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on FSS shares. KeyCorp upgraded shares of Federal Signal from a “sector weight” rating to an “overweight” rating and set a $130.00 target price on the stock in a report on Tuesday. Weiss Ratings reissued a “buy (b-)” rating on shares of Federal Signal in a research note on Monday, December 29th. CJS Securities upgraded shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price objective on the stock in a report on Thursday, February 26th. Finally, Wall Street Zen downgraded shares of Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $131.75.

Federal Signal Company 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.