Vest Financial LLC Lowers Stock Holdings in Federal Signal Corporation $FSS

Vest Financial LLC trimmed its position in shares of Federal Signal Corporation (NYSE:FSSFree Report) by 41.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 16,701 shares of the conglomerate’s stock after selling 11,943 shares during the period. Vest Financial LLC’s holdings in Federal Signal were worth $1,814,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of FSS. Wasatch Advisors LP purchased a new position in shares of Federal Signal in the 3rd quarter valued at about $174,476,000. Allianz Asset Management GmbH purchased a new position in shares of Federal Signal in the 3rd quarter valued at about $108,884,000. Invesco Ltd. boosted its stake in shares of Federal Signal by 16.0% in the 3rd quarter. Invesco Ltd. now owns 1,967,348 shares of the conglomerate’s stock valued at $234,095,000 after buying an additional 271,878 shares during the period. UBS Group AG boosted its stake in shares of Federal Signal by 77.0% in the 3rd quarter. UBS Group AG now owns 609,582 shares of the conglomerate’s stock valued at $72,534,000 after buying an additional 265,145 shares during the period. Finally, Tudor Investment Corp ET AL boosted its stake in shares of Federal Signal by 200.0% in the 3rd quarter. Tudor Investment Corp ET AL now owns 265,308 shares of the conglomerate’s stock valued at $31,569,000 after buying an additional 176,870 shares during the period. 92.73% of the stock is currently owned by hedge funds and other institutional investors.

Federal Signal News Summary

Here are the key news stories impacting Federal Signal this week:

Federal Signal Price Performance

FSS stock opened at $121.40 on Thursday. The business has a 50 day moving average price of $112.30 and a 200 day moving average price of $113.51. The stock has a market cap of $7.39 billion, a price-to-earnings ratio of 30.27, a PEG ratio of 1.75 and a beta of 1.33. Federal Signal Corporation has a fifty-two week low of $77.50 and a fifty-two week high of $132.89. 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:FSSGet Free Report) last posted its earnings results on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.29. The firm had revenue of $625.60 million during the quarter, compared to analysts’ expectations of $580.80 million. Federal Signal had a return on equity of 20.14% and a net margin of 11.31%.The firm’s revenue was up 35.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.76 earnings per share. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. Equities research analysts anticipate that Federal Signal Corporation will post 4.71 earnings per share for the current fiscal year.

Federal Signal Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.60 annualized dividend and a yield of 0.5%. Federal Signal’s payout ratio is 14.96%.

Analyst Ratings Changes

Several brokerages have recently issued reports on FSS. Wall Street Zen cut Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. CJS Securities upgraded Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price objective for the company in a research note on Thursday, February 26th. Finally, KeyCorp upgraded 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, March 10th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.75.

View Our Latest Stock Report on Federal Signal

About Federal Signal

(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.

Further Reading

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

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