B. Metzler seel. Sohn & Co. AG Increases Stake in Federal Signal Corporation $FSS

B. Metzler seel. Sohn & Co. AG raised its position in shares of Federal Signal Corporation (NYSE:FSSFree Report) by 412.5% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 19,167 shares of the conglomerate’s stock after purchasing an additional 15,427 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Federal Signal were worth $2,281,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Allianz Asset Management GmbH bought a new stake in shares of Federal Signal during the third quarter valued at approximately $108,884,000. Norges Bank bought a new position in Federal Signal in the 2nd quarter valued at approximately $79,165,000. First Trust Advisors LP lifted its position in Federal Signal by 49.6% in the 2nd quarter. First Trust Advisors LP now owns 1,501,431 shares of the conglomerate’s stock valued at $159,782,000 after acquiring an additional 497,652 shares in the last quarter. Greenvale Capital LLP purchased a new stake in Federal Signal during the 2nd quarter valued at $25,491,000. Finally, Assenagon Asset Management S.A. purchased a new stake in Federal Signal during the 3rd quarter valued at $23,037,000. Institutional investors own 92.73% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on FSS. Wall Street Zen cut Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. CJS Securities raised 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 report on Thursday, February 26th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Federal Signal in a report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Federal Signal currently has an average rating of “Moderate Buy” and a consensus price target of $126.75.

View Our Latest Report on Federal Signal

Federal Signal Trading Down 2.5%

Shares of FSS stock opened at $106.05 on Tuesday. 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 $66.47 and a 12-month high of $132.89. The stock has a market capitalization of $6.46 billion, a P/E ratio of 26.45, a P/E/G ratio of 1.66 and a beta of 1.32. The firm’s 50 day moving average is $114.63 and its 200 day moving average is $116.59.

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

Federal Signal Increases Dividend

The company 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 is a positive change from Federal Signal’s previous quarterly dividend of $0.14. This represents a $0.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, March 13th. Federal Signal’s dividend payout ratio is currently 13.97%.

Federal Signal Profile

(Free Report)

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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Institutional Ownership by Quarter for Federal Signal (NYSE:FSS)

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