Federal Signal Corporation $FSS Shares Acquired by 4D Advisors LLC

4D Advisors LLC boosted its holdings in Federal Signal Corporation (NYSE:FSS - Free Report) by 27.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 70,000 shares of the conglomerate's stock after purchasing an additional 15,000 shares during the quarter. Federal Signal accounts for about 4.2% of 4D Advisors LLC's portfolio, making the stock its 3rd largest holding. 4D Advisors LLC owned approximately 0.12% of Federal Signal worth $7,601,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of FSS. Vanguard Group Inc. increased its holdings in Federal Signal by 2.1% in the 4th quarter. Vanguard Group Inc. now owns 6,840,396 shares of the conglomerate's stock valued at $742,799,000 after buying an additional 138,855 shares during the period. Capital World Investors grew its holdings in shares of Federal Signal by 4.4% during the 4th quarter. Capital World Investors now owns 2,362,294 shares of the conglomerate's stock valued at $256,522,000 after purchasing an additional 100,000 shares during the last quarter. State Street Corp grew its holdings in shares of Federal Signal by 0.4% during the 2nd quarter. State Street Corp now owns 2,266,523 shares of the conglomerate's stock valued at $241,203,000 after purchasing an additional 7,982 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Federal Signal by 16.0% during the 3rd quarter. Invesco Ltd. now owns 1,967,348 shares of the conglomerate's stock valued at $234,095,000 after purchasing an additional 271,878 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Federal Signal by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 1,725,757 shares of the conglomerate's stock valued at $187,427,000 after purchasing an additional 18,587 shares during the last quarter. Institutional investors and hedge funds own 92.73% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on FSS. Wall Street Zen raised shares of Federal Signal from a "hold" rating to a "buy" rating in a report on Saturday, May 2nd. Zacks Research upgraded shares of Federal Signal from a "hold" rating to a "strong-buy" rating in a research report on Monday, May 4th. DA Davidson boosted 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 reiterated an "overweight" rating and set a $140.00 target price on shares of Federal Signal in a research report on Thursday, April 30th. Finally, Weiss Ratings downgraded shares of Federal Signal from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $139.25.

Federal Signal Stock Performance

NYSE FSS opened at $114.09 on Thursday. Federal Signal Corporation has a 1 year low of $100.23 and a 1 year high of $132.89. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.84 and a quick ratio of 1.29. The firm has a market cap of $6.96 billion, a price-to-earnings ratio of 25.93, a PEG ratio of 1.63 and a beta of 1.26. The company has a fifty day moving average price of $113.50 and a 200-day moving average price of $112.87.

Federal Signal (NYSE:FSS - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.29. The company had revenue of $625.60 million during 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 firm's revenue for the quarter was up 35.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.76 earnings per share. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. As a group, equities research analysts predict that Federal Signal Corporation will post 4.94 EPS for the current fiscal year.

Federal Signal Announces Dividend

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

About Federal Signal

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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