Federal Signal Corporation $FSS Shares Bought by Dudley & Shanley Inc.

Key Points

• Dudley & Shanley increased its Federal Signal stake by 169.9% in the second quarter, acquiring 106,555 additional shares and holding 169,285 shares worth approximately $21.75 million. Institutional investors collectively own 92.73% of the company.
• Federal Signal reported quarterly EPS of $1.42, beating estimates of $1.29, while revenue rose 18.7% year over year to $670.2 million. The company issued fiscal 2026 EPS guidance of $5.12–$5.30.
• The company declared a quarterly dividend of $0.15 per share, representing an annualized payout of $0.60 and a 0.5% yield. Analysts maintain a consensus “Buy” rating with an average price target of $137.33.

Dudley & Shanley Inc. increased its stake in Federal Signal Corporation (NYSE:FSS - Free Report) by 169.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169,285 shares of the conglomerate's stock after acquiring an additional 106,555 shares during the period. Federal Signal makes up approximately 3.3% of Dudley & Shanley Inc.'s investment portfolio, making the stock its 16th biggest position. Dudley & Shanley Inc. owned approximately 0.28% of Federal Signal worth $21,751,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in Federal Signal by 2.1% during the 4th quarter. Vanguard Group Inc. now owns 6,840,396 shares of the conglomerate's stock valued at $742,799,000 after purchasing an additional 138,855 shares in the last quarter. Capital World Investors raised its stake in shares of Federal Signal by 4.4% in the 4th quarter. Capital World Investors now owns 2,362,294 shares of the conglomerate's stock worth $256,522,000 after buying an additional 100,000 shares in the last quarter. State Street Corp lifted its holdings in shares of Federal Signal by 0.4% in the second quarter. State Street Corp now owns 2,266,523 shares of the conglomerate's stock valued at $241,203,000 after buying an additional 7,982 shares during the period. Invesco Ltd. lifted its holdings in shares of Federal Signal by 10.2% in the fourth quarter. Invesco Ltd. now owns 2,168,788 shares of the conglomerate's stock valued at $235,509,000 after buying an additional 201,440 shares during the period. Finally, Geode Capital Management LLC boosted its stake in Federal Signal by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 1,725,757 shares of the conglomerate's stock valued at $187,427,000 after buying an additional 18,587 shares in the last quarter. Institutional investors and hedge funds own 92.73% of the company's stock.

Federal Signal Trading Down 0.0%

Federal Signal stock opened at $128.16 on Monday. The company has a 50 day moving average price of $118.79 and a 200 day moving average price of $115.35. Federal Signal Corporation has a 52 week low of $101.18 and a 52 week high of $134.51. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.21 and a current ratio of 2.74. The firm has a market capitalization of $7.82 billion, a price-to-earnings ratio of 27.62, a P/E/G ratio of 1.75 and a beta of 1.24.

Federal Signal (NYSE:FSS - Get Free Report) last announced its earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.13. The company 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 company's revenue was up 18.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.17 EPS. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. Research analysts forecast that Federal Signal Corporation will post 5.23 EPS for the current year.

Federal Signal Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Friday, August 14th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, August 14th. This represents a $0.60 dividend on an annualized basis and a yield of 0.5%. Federal Signal's dividend payout ratio (DPR) is presently 12.93%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. DA Davidson lifted their target price on Federal Signal from $125.00 to $132.00 and gave the stock a "neutral" rating in a report on Friday, May 1st. KeyCorp reissued an "overweight" rating and issued a $140.00 price target on shares of Federal Signal in a report on Thursday, April 30th. Weiss Ratings upgraded shares of Federal Signal from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, June 23rd. Wall Street Zen cut shares of Federal Signal from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Finally, Zacks Research upgraded shares of Federal Signal from a "hold" rating to a "strong-buy" rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Federal Signal currently has a consensus rating of "Buy" and a consensus target price of $137.33.

Insiders Place Their Bets

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of Federal Signal stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $130.44, for a total transaction of $1,937,816.64. Following the transaction, 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 position. 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 company insiders.

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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