Capital World Investors Increases Stock Position in Federal Signal Corporation $FSS

Capital World Investors boosted its stake in Federal Signal Corporation (NYSE:FSS) by 4.4% during the 4th quarter, Holdings Channel reports. The firm owned 2,362,294 shares of the conglomerate’s stock after buying an additional 100,000 shares during the quarter. Capital World Investors’ holdings in Federal Signal were worth $256,522,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of FSS. Royal Bank of Canada lifted its stake in Federal Signal by 3.5% in the 1st quarter. Royal Bank of Canada now owns 93,618 shares of the conglomerate’s stock worth $6,886,000 after purchasing an additional 3,153 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Federal Signal by 10.9% during the 1st quarter. AQR Capital Management LLC now owns 35,702 shares of the conglomerate’s stock valued at $2,626,000 after buying an additional 3,520 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Federal Signal by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,822 shares of the conglomerate’s stock valued at $2,635,000 after buying an additional 1,594 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Federal Signal by 15.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,838 shares of the conglomerate’s stock valued at $135,000 after buying an additional 252 shares in the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of Federal Signal during the 1st quarter valued at about $1,119,000. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Federal Signal Stock Up 0.3%

Shares of NYSE FSS opened at $106.86 on Tuesday. The company has a current ratio of 2.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. Federal Signal Corporation has a 12-month low of $97.25 and a 12-month high of $132.89. The stock has a market capitalization of $6.52 billion, a price-to-earnings ratio of 24.29, a P/E/G ratio of 1.54 and a beta of 1.26. The firm’s 50-day moving average price is $113.07 and its 200-day moving average price is $112.82.

Federal Signal (NYSE:FSS) last posted 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 net margin of 11.56% and a return on equity of 21.18%. The company had revenue of $625.60 million for the quarter, compared to analyst estimates of $579.87 million. During the same period in the prior year, the company posted $0.76 EPS. The firm’s revenue for the quarter was up 35.0% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. On average, equities research analysts anticipate that Federal Signal Corporation will post 4.94 EPS for the current fiscal year.

Federal Signal Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, May 15th. Federal Signal’s dividend payout ratio is 13.64%.

Wall Street Analyst Weigh In

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

Federal Signal Company 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.