Federal Signal Corporation $FSS Shares Bought by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC raised its holdings in Federal Signal Corporation (NYSE:FSS) by 47.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 88,210 shares of the conglomerate’s stock after purchasing an additional 28,299 shares during the period. Allspring Global Investments Holdings LLC owned 0.15% of Federal Signal worth $9,579,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FSS. Tudor Investment Corp ET AL boosted its stake in shares of Federal Signal by 200.0% during the third quarter. Tudor Investment Corp ET AL now owns 265,308 shares of the conglomerate’s stock valued at $31,569,000 after acquiring an additional 176,870 shares during the last quarter. Nordea Investment Management AB acquired a new position in Federal Signal in the 4th quarter valued at about $8,590,000. Fort Washington Investment Advisors Inc. OH raised its stake in Federal Signal by 76.7% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 247,531 shares of the conglomerate’s stock valued at $26,879,000 after purchasing an additional 107,474 shares during the last quarter. Congress Asset Management Co. lifted its holdings in Federal Signal by 7.5% in the 4th quarter. Congress Asset Management Co. now owns 551,556 shares of the conglomerate’s stock valued at $59,893,000 after purchasing an additional 38,660 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in Federal Signal in the 3rd quarter valued at about $3,745,000. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Federal Signal Stock Performance

Federal Signal stock opened at $109.18 on Monday. The company has a market cap of $6.65 billion, a price-to-earnings ratio of 27.23, a price-to-earnings-growth ratio of 1.66 and a beta of 1.33. Federal Signal Corporation has a 12 month low of $66.47 and a 12 month high of $132.89. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.02 and a quick ratio of 1.35. The stock’s 50-day moving average is $112.43 and its 200-day moving average is $114.27.

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

Federal Signal Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Friday, March 13th were given a dividend of $0.15 per share. This is a positive change from Federal Signal’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Friday, March 13th. This represents a $0.60 dividend on an annualized basis and a yield of 0.5%. Federal Signal’s dividend payout ratio is currently 14.96%.

Analysts Set New Price Targets

Several brokerages recently issued reports on FSS. CJS Securities raised 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 research note on Thursday, February 26th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Federal Signal in a research note on Monday, December 29th. Wall Street Zen downgraded Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, KeyCorp raised Federal Signal from a “sector weight” rating to an “overweight” rating and set a $130.00 price target on the stock in a research note on Tuesday, March 10th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $131.75.

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.