Dimensional Fund Advisors LP Trims Stock Holdings in Federal Signal Corporation $FSS

Dimensional Fund Advisors LP lessened its stake in shares of Federal Signal Corporation (NYSE:FSS) by 5.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,198,936 shares of the conglomerate’s stock after selling 62,984 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.97% of Federal Signal worth $142,661,000 as of its most recent filing with the Securities and Exchange Commission.

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

Federal Signal Price Performance

FSS opened at $108.55 on Wednesday. Federal Signal Corporation has a 52-week low of $66.47 and a 52-week high of $132.89. The company has a 50 day moving average of $114.60 and a two-hundred day moving average of $116.45. The company 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. The company has a quick ratio of 1.35, a current ratio of 3.02 and a debt-to-equity ratio of 0.41.

Federal Signal (NYSE:FSS) last issued its quarterly earnings data on Wednesday, February 25th. The conglomerate reported $1.16 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 company had revenue of $597.10 million for the quarter, compared to analysts’ expectations of $551.36 million. During the same quarter in the previous year, the firm posted $0.87 earnings per share. The firm’s quarterly revenue was up 26.5% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS. On average, 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 declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Friday, March 13th will be paid 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 is Friday, March 13th. This represents a $0.60 annualized dividend and a yield of 0.6%. Federal Signal’s payout ratio is presently 13.97%.

Wall Street Analysts Forecast Growth

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