UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 19,977 Shares of Federal Signal Corporation $FSS

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its position in shares of Federal Signal Corporation (NYSE:FSS) by 14.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 122,905 shares of the conglomerate’s stock after selling 19,977 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Federal Signal were worth $15,792,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Physician Wealth Advisors Inc. boosted its holdings in Federal Signal by 57.2% in 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 during the period. New Age Alpha Advisors LLC increased its holdings in shares of Federal Signal by 3.4% in the fourth quarter. New Age Alpha Advisors LLC now owns 2,895 shares of the conglomerate’s stock worth $314,000 after purchasing an additional 95 shares during the period. Canada Pension Plan Investment Board increased its holdings in shares of Federal Signal by 10.0% in the second quarter. Canada Pension Plan Investment Board now owns 1,100 shares of the conglomerate’s stock worth $117,000 after purchasing an additional 100 shares during the period. Smartleaf Asset Management LLC raised its position in shares of Federal Signal by 9.5% in the second quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the conglomerate’s stock worth $130,000 after buying an additional 108 shares in the last quarter. Finally, UMB Bank n.a. raised its position in shares of Federal Signal by 50.5% in the fourth quarter. UMB Bank n.a. now owns 331 shares of the conglomerate’s stock worth $36,000 after buying an additional 111 shares in the last quarter. Institutional investors own 92.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on FSS shares. Wall Street Zen lowered Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Zacks Research downgraded Federal Signal from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Citigroup assumed coverage on Federal Signal in a report on Monday, August 17th. They set a “buy” rating and a $150.00 price objective for the company. Finally, Weiss Ratings raised shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $140.50.

Insider Activity at Federal Signal

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of Federal Signal 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 transaction, the vice president directly 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 legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 3.30% of the company’s stock.

Federal Signal Stock Up 1.5%

Shares of NYSE:FSS opened at $118.95 on Friday. The firm has a market capitalization of $7.26 billion, a PE ratio of 25.64, a price-to-earnings-growth ratio of 1.63 and a beta of 1.23. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.21 and a current ratio of 2.74. Federal Signal Corporation has a 52-week low of $101.18 and a 52-week high of $134.51. The firm has a fifty day moving average of $122.02 and a 200 day moving average of $116.39.

Federal Signal (NYSE:FSS) last released its quarterly earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share 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 last year, the business posted $1.17 earnings per share. The company’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. As a group, research analysts anticipate that Federal Signal Corporation will post 5.23 EPS for the current fiscal year.

Federal Signal Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Friday, August 14th 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 was Friday, August 14th. Federal Signal’s dividend payout ratio (DPR) is presently 12.93%.

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.