Burney Co. Takes Position in Federal Signal Corporation $FSS

Burney Co. purchased a new stake in Federal Signal Corporation (NYSE:FSS) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 6,074 shares of the conglomerate’s stock, valued at approximately $660,000.

A number of other institutional investors have also modified their holdings of the company. Archer Investment Corp boosted its holdings in shares of Federal Signal by 5.7% in the 3rd quarter. Archer Investment Corp now owns 1,842 shares of the conglomerate’s stock valued at $219,000 after buying an additional 99 shares in the last quarter. KLP Kapitalforvaltning AS boosted its stake in Federal Signal by 0.8% in the 3rd quarter. KLP Kapitalforvaltning AS now owns 12,700 shares of the conglomerate’s stock worth $1,511,000 after purchasing an additional 100 shares in the last quarter. CoreCap Advisors LLC boosted its stake in Federal Signal by 50.0% in the 3rd 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. Canada Pension Plan Investment Board boosted its stake in Federal Signal by 10.0% in 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 in the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in Federal Signal by 9.5% in 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 in the last quarter. 92.73% of the stock is currently owned by institutional investors.

Federal Signal Stock Performance

Shares of NYSE FSS opened at $117.00 on Wednesday. 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 Corporation has a 12 month low of $71.92 and a 12 month high of $132.89. The company has a 50 day simple moving average of $112.85 and a two-hundred day simple moving average of $113.75. The stock has a market cap of $7.12 billion, a price-to-earnings ratio of 29.18, a PEG ratio of 1.79 and a beta of 1.33.

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

Federal Signal Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Friday, March 13th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.5%. The ex-dividend date was Friday, March 13th. This is a positive change from Federal Signal’s previous quarterly dividend of $0.14. Federal Signal’s dividend payout ratio (DPR) is presently 14.96%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. CJS Securities upgraded shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 target price for the company in a research note on Thursday, February 26th. Wall Street Zen cut shares of Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. KeyCorp upgraded shares of Federal Signal from a “sector weight” rating to an “overweight” rating and set a $130.00 target price for the company in a research note on Tuesday, March 10th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Federal Signal in a research note on Monday, December 29th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $131.75.

About Federal Signal

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.