Federal Signal Corporation $FSS Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its position in Federal Signal Corporation (NYSE:FSS) by 7.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 265,145 shares of the conglomerate’s stock after acquiring an additional 18,487 shares during the period. Thrivent Financial for Lutherans owned 0.44% of Federal Signal worth $28,792,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its stake in shares of Federal Signal by 140.6% in the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock worth $26,000 after acquiring an additional 142 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of Federal Signal by 3,100.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock worth $30,000 after acquiring an additional 248 shares during the last quarter. Danske Bank A S acquired a new stake in shares of Federal Signal in the third quarter worth approximately $48,000. Globeflex Capital L P boosted its stake in shares of Federal Signal by 8,618.2% in the second quarter. Globeflex Capital L P now owns 959 shares of the conglomerate’s stock worth $102,000 after acquiring an additional 948 shares during the last quarter. Finally, Torren Management LLC acquired a new stake in shares of Federal Signal in the fourth quarter worth approximately $109,000. 92.73% of the stock is owned by institutional investors and hedge funds.

Federal Signal Stock Performance

NYSE FSS opened at $111.20 on Monday. The stock’s fifty day moving average is $112.39 and its two-hundred day moving average is $113.21. The firm has a market capitalization of $6.78 billion, a P/E ratio of 25.27, a price-to-earnings-growth ratio of 1.61 and a beta of 1.32. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 2.84. Federal Signal Corporation has a fifty-two week low of $91.48 and a fifty-two week high of $132.89.

Federal Signal (NYSE:FSS) last released its quarterly earnings data on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.29. Federal Signal had a return on equity of 21.18% and a net margin of 11.56%.The company had revenue of $625.60 million for the quarter, compared to analyst estimates of $579.87 million. During the same quarter in the previous year, the company posted $0.76 earnings per share. The firm’s revenue for the quarter was up 35.0% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. On average, research analysts anticipate that Federal Signal Corporation will post 4.94 earnings per share for the current year.

Federal Signal Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a $0.15 dividend. The ex-dividend date is Friday, May 15th. This represents a $0.60 dividend on an annualized basis and a yield of 0.5%. Federal Signal’s payout ratio is currently 13.64%.

Analyst Ratings Changes

A number of analysts have recently issued reports on FSS shares. Wall Street Zen raised Federal Signal from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research raised Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. KeyCorp reissued an “overweight” rating and set a $140.00 price objective on shares of Federal Signal in a research note on Thursday, April 30th. CJS Securities raised Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price objective on the stock in a research note on Thursday, February 26th. Finally, DA Davidson boosted their price objective on Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Federal Signal presently has an average rating of “Buy” and an average target price of $139.25.

Federal Signal 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.