18,000 Federal Signal Corporation $FSS Shares Bought by EULAV Asset Management

Key Points

• EULAV Asset Management increased its Federal Signal holdings by 6.2% in the third quarter, purchasing 18,000 additional shares and bringing its position to 310,336 shares worth approximately $34.4 million. Institutional investors collectively own 92.73% of the stock.
• Federal Signal reported quarterly earnings of $1.42 per share, exceeding analysts’ $1.29 estimate, while revenue rose 18.7% year over year to $670.2 million. Management’s fiscal 2026 EPS guidance is $5.12–$5.30.
• Analysts maintain a “Moderate Buy” consensus rating with an average price target of $140.50, compared with the stock’s recent price of $113.18. The company also pays a quarterly dividend of $0.15 per share, yielding about 0.5%.

EULAV Asset Management raised its holdings in shares of Federal Signal Corporation (NYSE:FSS - Free Report) by 6.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 310,336 shares of the conglomerate's stock after buying an additional 18,000 shares during the quarter. Federal Signal comprises 1.2% of EULAV Asset Management's investment portfolio, making the stock its 28th largest holding. EULAV Asset Management owned approximately 0.51% of Federal Signal worth $34,382,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Sowell Financial Services LLC raised its stake in Federal Signal by 34.2% during the 3rd quarter. Sowell Financial Services LLC now owns 2,172 shares of the conglomerate's stock valued at $241,000 after purchasing an additional 554 shares during the last quarter. Gibbs Wealth Management boosted its holdings in Federal Signal by 39.4% in the 3rd quarter. Gibbs Wealth Management now owns 9,995 shares of the conglomerate's stock valued at $1,107,000 after purchasing an additional 2,824 shares during the period. Fifth Third Wealth Advisors LLC grew its position in Federal Signal by 10.0% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 2,570 shares of the conglomerate's stock worth $285,000 after purchasing an additional 233 shares during the last quarter. Sterling Capital Management LLC grew its position in Federal Signal by 837.2% in the 3rd quarter. Sterling Capital Management LLC now owns 2,015 shares of the conglomerate's stock worth $223,000 after purchasing an additional 1,800 shares during the last quarter. Finally, Carderock Capital Management Inc. grew its position in Federal Signal by 1.8% in the 3rd quarter. Carderock Capital Management Inc. now owns 76,151 shares of the conglomerate's stock worth $8,437,000 after purchasing an additional 1,377 shares during the last quarter. 92.73% of the stock is owned by institutional investors.

Federal Signal Stock Performance

Shares of NYSE FSS opened at $113.18 on Monday. The business has a fifty day simple moving average of $116.13 and a 200 day simple moving average of $117.13. The company has a current ratio of 2.74, a quick ratio of 1.21 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $6.91 billion, a price-to-earnings ratio of 24.39, a PEG ratio of 1.54 and a beta of 1.23. Federal Signal Corporation has a one year low of $101.18 and a one year high of $134.51.

Federal Signal (NYSE:FSS - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share for the quarter, topping analysts' consensus estimates of $1.29 by $0.13. The firm had revenue of $670.20 million for the quarter, compared to the consensus estimate of $667.04 million. Federal Signal had a net margin of 11.66% and a return on equity of 21.36%. The business's revenue was up 18.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.17 earnings per share. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. Sell-side analysts expect that Federal Signal Corporation will post 5.24 EPS for the current year.

Federal Signal Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Friday, August 14th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Friday, August 14th. Federal Signal's payout ratio is 12.93%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Federal Signal from a "buy (b-)" rating to a "buy (b)" rating in a report on Thursday, October 8th. Zacks Research cut shares of Federal Signal from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 12th. Citigroup initiated coverage on Federal Signal in a research report on Monday, August 17th. They set a "buy" rating and a $150.00 target price on the stock. Finally, Wall Street Zen downgraded Federal Signal from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $140.50.

Insiders Place Their Bets

In related news, VP Diane Bonina sold 14,856 shares of the company's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $130.44, for a total value of $1,937,816.64. Following the sale, the vice president owned 15,689 shares of the company's stock, valued at $2,046,473.16. The trade was a 48.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 3.30% of the stock is currently owned by insiders.

Federal Signal Company Profile

Federal Signal Corporation NYSE: FSS designs and manufactures equipment and systems used by municipalities, government agencies, industrial organizations and commercial customers. Its products support public safety, infrastructure maintenance, environmental protection and emergency response activities.

The company operates through two principal business areas: Environmental Solutions and Safety and Security Systems. Environmental Solutions products include street sweepers, sewer cleaners, vacuum trucks, hydro-excavation equipment, dump bodies and snow and ice control equipment.

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