Fort Washington Investment Advisors Inc. OH lifted its holdings in Federal Signal Corporation (NYSE:FSS – Free Report) by 76.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 247,531 shares of the conglomerate’s stock after buying an additional 107,474 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned approximately 0.41% of Federal Signal worth $26,879,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. Archer Investment Corp lifted its holdings in Federal Signal by 5.7% in the third quarter. Archer Investment Corp now owns 1,842 shares of the conglomerate’s stock worth $219,000 after acquiring an additional 99 shares during the last quarter. KLP Kapitalforvaltning AS grew its holdings in shares of Federal Signal by 0.8% during the third quarter. KLP Kapitalforvaltning AS now owns 12,700 shares of the conglomerate’s stock valued at $1,511,000 after purchasing an additional 100 shares during the last quarter. CoreCap Advisors LLC grew its holdings in shares of Federal Signal by 50.0% during the third quarter. CoreCap Advisors LLC now owns 300 shares of the conglomerate’s stock valued at $36,000 after purchasing an additional 100 shares during the last quarter. Canada Pension Plan Investment Board raised its position in shares of Federal Signal by 10.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 1,100 shares of the conglomerate’s stock worth $117,000 after purchasing an additional 100 shares during the period. Finally, Smartleaf Asset Management LLC raised its position in shares of Federal Signal by 9.5% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the conglomerate’s stock worth $130,000 after purchasing an additional 108 shares during the period. Institutional investors own 92.73% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages recently commented on FSS. Wall Street Zen downgraded Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. CJS Securities upgraded Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 target price on the stock in a research note on Thursday, February 26th. KeyCorp raised shares of Federal Signal from a “sector weight” rating to an “overweight” rating and set a $130.00 price target for the company in a report on Tuesday, March 10th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Federal Signal in a research report on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.75.
Federal Signal Stock Performance
Shares of NYSE FSS opened at $106.63 on Friday. Federal Signal Corporation has a 12-month low of $66.47 and a 12-month high of $132.89. The company has a market cap of $6.49 billion, a PE ratio of 26.59, a P/E/G ratio of 1.64 and a beta of 1.32. The stock has a 50 day simple moving average of $112.96 and a 200-day simple moving average of $115.04. The company has a current ratio of 3.02, a quick ratio of 1.35 and a debt-to-equity ratio of 0.41.
Federal Signal (NYSE:FSS – Get Free Report) last posted its earnings results on Wednesday, February 25th. The conglomerate reported $1.16 EPS for the quarter, beating the consensus estimate 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 return on equity of 20.14% and a net margin of 11.31%.The firm’s revenue was up 26.5% compared to the same quarter last year. During the same period last year, the firm earned $0.87 EPS. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS. On average, equities research analysts forecast that Federal Signal Corporation will post 3.34 EPS for the current year.
Federal Signal Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Friday, March 13th were paid a dividend of $0.15 per share. This is an increase from Federal Signal’s previous quarterly dividend of $0.14. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Friday, March 13th. Federal Signal’s dividend payout ratio (DPR) is presently 14.96%.
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.
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