Montanaro Asset Management Ltd lifted its holdings in shares of Federal Signal Corporation (NYSE:FSS – Free Report) by 65.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 68,500 shares of the conglomerate’s stock after purchasing an additional 27,200 shares during the quarter. Federal Signal comprises about 2.1% of Montanaro Asset Management Ltd’s investment portfolio, making the stock its 26th biggest position. Montanaro Asset Management Ltd’s holdings in Federal Signal were worth $7,438,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC increased its stake in Federal Signal by 140.6% in the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock valued at $26,000 after purchasing an additional 142 shares during the last quarter. Palladiem LLC acquired a new stake in Federal Signal in the 4th quarter worth about $27,000. Caitong International Asset Management Co. Ltd boosted its stake in Federal Signal by 3,100.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock worth $30,000 after buying an additional 248 shares during the last quarter. Covestor Ltd boosted its stake in Federal Signal by 118.0% in the 4th quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock worth $30,000 after buying an additional 151 shares during the last quarter. Finally, UMB Bank n.a. grew its holdings in Federal Signal by 50.5% in the 4th quarter. UMB Bank n.a. now owns 331 shares of the conglomerate’s stock valued at $36,000 after buying an additional 111 shares during the period. Hedge funds and other institutional investors own 92.73% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on FSS shares. Weiss Ratings downgraded shares of Federal Signal from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. Wall Street Zen raised shares of Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. DA Davidson boosted their target price on shares of Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a report on Friday, May 1st. CJS Securities raised shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price target for the company in a research report on Thursday, February 26th. Finally, Zacks Research raised shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $139.25.
Federal Signal Price Performance
FSS stock opened at $118.61 on Friday. The stock has a 50-day moving average price of $113.80 and a two-hundred day moving average price of $112.94. Federal Signal Corporation has a 12-month low of $100.23 and a 12-month high of $132.89. The company has a current ratio of 2.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. The company has a market cap of $7.23 billion, a PE ratio of 26.96, a price-to-earnings-growth ratio of 1.71 and a beta of 1.26.
Federal Signal (NYSE:FSS – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The conglomerate reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.29. The company had revenue of $625.60 million for the quarter, compared to the consensus estimate of $579.87 million. Federal Signal had a return on equity of 21.18% and a net margin of 11.56%.The company’s quarterly revenue was up 35.0% compared to the same quarter last year. During the same period last year, the business posted $0.76 EPS. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. As a group, research analysts predict that Federal Signal Corporation will post 4.94 EPS for the current year.
Federal Signal Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Friday, May 15th. Federal Signal’s dividend payout ratio is 13.64%.
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.
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