Federal Signal (NYSE:FSS) Sets New 52-Week High – Here’s What Happened

Federal Signal Corporation (NYSE:FSS)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $140.00 and last traded at $129.8110, with a volume of 7858 shares. The stock had previously closed at $128.72.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on FSS shares. Zacks Research upgraded Federal Signal from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. KeyCorp reiterated an “overweight” rating and issued a $140.00 price objective on shares of Federal Signal in a research note on Thursday, April 30th. Weiss Ratings raised Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. DA Davidson upped their target price on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, Wall Street Zen cut shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $137.33.

Federal Signal Price Performance

The company has a market capitalization of $7.78 billion, a PE ratio of 27.57, a P/E/G ratio of 1.73 and a beta of 1.24. The company has a current ratio of 2.74, a quick ratio of 1.21 and a debt-to-equity ratio of 0.30. The stock has a fifty day simple moving average of $119.64 and a 200-day simple moving average of $115.54.

Federal Signal (NYSE:FSS) last released its quarterly earnings data on Thursday, July 30th. The conglomerate reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.13. Federal Signal had a return on equity of 21.36% and a net margin of 11.66%.The business had revenue of $670.20 million for the quarter, compared to the consensus estimate of $667.04 million. During the same quarter in the prior year, the business posted $1.17 EPS. The business’s revenue for the quarter was up 18.7% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. Equities analysts anticipate that Federal Signal Corporation will post 5.23 earnings per share for the current year.

Federal Signal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Friday, August 14th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.5%. The ex-dividend date is Friday, August 14th. Federal Signal’s dividend payout ratio is currently 12.93%.

Insiders Place Their Bets

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $130.44, for a total transaction of $1,937,816.64. Following the sale, the vice president owned 15,689 shares of the company’s stock, valued at approximately $2,046,473.16. This trade represents a 48.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 3.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Royal Bank of Canada boosted its stake in Federal Signal by 3.5% in the first quarter. Royal Bank of Canada now owns 93,618 shares of the conglomerate’s stock valued at $6,886,000 after acquiring an additional 3,153 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Federal Signal by 10.9% in the 1st quarter. AQR Capital Management LLC now owns 35,702 shares of the conglomerate’s stock valued at $2,626,000 after purchasing an additional 3,520 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Federal Signal by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,822 shares of the conglomerate’s stock valued at $2,635,000 after purchasing an additional 1,594 shares during the period. NewEdge Advisors LLC grew its stake in Federal Signal by 15.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,838 shares of the conglomerate’s stock worth $135,000 after buying an additional 252 shares during the last quarter. Finally, Empowered Funds LLC acquired a new position in Federal Signal during the first quarter worth approximately $1,119,000. 92.73% of the stock is owned by hedge funds and other institutional investors.

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.