11,447 Shares in Federal Signal Corporation $FSS Purchased by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC purchased a new position in Federal Signal Corporation (NYSE:FSSFree Report) during the fourth quarter, Holdings Channel.com reports. The firm purchased 11,447 shares of the conglomerate’s stock, valued at approximately $1,243,000.

A number of other institutional investors have also recently bought and sold shares of FSS. Allspring Global Investments Holdings LLC grew its stake in Federal Signal by 47.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 88,210 shares of the conglomerate’s stock valued at $9,579,000 after buying an additional 28,299 shares during the last quarter. Tudor Investment Corp ET AL grew its stake in 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 last quarter. Nordea Investment Management AB acquired a new position in Federal Signal in the 4th quarter valued at $8,590,000. Fort Washington Investment Advisors Inc. OH grew its stake in Federal Signal by 76.7% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 247,531 shares of the conglomerate’s stock valued at $26,879,000 after buying an additional 107,474 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. AG grew its stake in Federal Signal by 60.5% in the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 30,772 shares of the conglomerate’s stock valued at $3,342,000 after buying an additional 11,605 shares during the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Key Federal Signal News

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

Analysts Set New Price Targets

FSS has been the topic of several research analyst reports. KeyCorp restated an “overweight” rating and issued a $140.00 price target on shares of Federal Signal in a research report on Thursday. CJS Securities upgraded shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price target on the stock in a research report on Thursday, February 26th. Finally, Wall Street Zen lowered shares of Federal Signal from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $134.25.

Read Our Latest Research Report on Federal Signal

Federal Signal Stock Performance

NYSE FSS opened at $123.27 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.84 and a quick ratio of 1.35. The firm has a market capitalization of $7.51 billion, a price-to-earnings ratio of 28.02, a P/E/G ratio of 1.84 and a beta of 1.33. The company’s fifty day moving average is $112.42 and its two-hundred day moving average is $113.58. Federal Signal Corporation has a 52-week low of $80.79 and a 52-week high of $132.89.

Federal Signal (NYSE:FSSGet Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.29. The company had revenue of $625.60 million for the quarter, compared to analyst estimates of $579.87 million. Federal Signal had a net margin of 11.56% and a return on equity of 21.18%. The business’s quarterly revenue was up 35.0% on a year-over-year basis. 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. Equities research analysts forecast that Federal Signal Corporation will post 4.71 EPS for the current year.

Federal Signal Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, May 15th. Federal Signal’s dividend payout ratio (DPR) is presently 13.64%.

Federal Signal Company 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.

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

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