Crown Advisors Management Inc. Makes New Investment in Federal Signal Corporation $FSS

Crown Advisors Management Inc. acquired a new stake in Federal Signal Corporation (NYSE:FSSFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 15,000 shares of the conglomerate’s stock, valued at approximately $1,927,000. Federal Signal makes up approximately 1.1% of Crown Advisors Management Inc.’s portfolio, making the stock its 27th biggest position.

A number of other hedge funds also recently made changes to their positions in FSS. EverSource Wealth Advisors LLC lifted its position in shares of Federal Signal by 140.6% during the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock worth $26,000 after purchasing an additional 142 shares in the last quarter. Palladiem LLC purchased a new position in shares of Federal Signal in the fourth quarter valued at $27,000. Physician Wealth Advisors Inc. grew its holdings in Federal Signal by 57.2% during the 1st quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock valued at $27,000 after purchasing an additional 91 shares in the last quarter. Covestor Ltd grew its holdings in Federal Signal by 118.0% during the 4th quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 151 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its holdings in Federal Signal by 3,100.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 248 shares in the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Analyst Ratings Changes

FSS has been the topic of a number of recent analyst reports. Weiss Ratings upgraded shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Wall Street Zen downgraded Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Zacks Research lowered Federal Signal from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. KeyCorp reaffirmed an “overweight” rating and set a $140.00 target price on shares of Federal Signal in a research report on Thursday, April 30th. Finally, DA Davidson boosted their price target on Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Federal Signal presently has a consensus rating of “Moderate Buy” and an average price target of $137.33.

Check Out Our Latest Report on FSS

Insider Buying and Selling at Federal Signal

In other news, VP Diane Bonina sold 14,856 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $130.44, for a total value of $1,937,816.64. Following the completion of the sale, the vice president owned 15,689 shares of the company’s stock, valued at approximately $2,046,473.16. The trade was a 48.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.30% of the company’s stock.

Federal Signal Stock Performance

Federal Signal stock opened at $125.90 on Monday. Federal Signal Corporation has a 52 week low of $101.18 and a 52 week high of $134.51. 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 market cap of $7.69 billion, a P/E ratio of 27.13, a price-to-earnings-growth ratio of 1.72 and a beta of 1.24. The stock has a 50 day moving average of $120.72 and a 200-day moving average of $115.79.

Federal Signal (NYSE:FSSGet Free Report) last issued its quarterly earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.13. The business had revenue of $670.20 million during the quarter, compared to analyst estimates of $667.04 million. Federal Signal had a net margin of 11.66% and a return on equity of 21.36%. The business’s revenue was up 18.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.17 earnings per share. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. On average, analysts expect that Federal Signal Corporation will post 5.23 EPS for the current fiscal year.

Federal Signal Dividend Announcement

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

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.

See Also

Want to see what other hedge funds are holding FSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federal Signal Corporation (NYSE:FSSFree Report).

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

Receive News & Ratings for Federal Signal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federal Signal and related companies with MarketBeat.com's FREE daily email newsletter.