4D Advisors LLC Sells 5,000 Shares of Federal Signal Corporation $FSS

Key Points

• 4D Advisors LLC reduced its stake in Federal Signal Corporation by 10.0% during the first quarter, now holding 45,000 shares valued at approximately $3.31 million.
• Federal Signal reported a 15.1% increase in revenue year-over-year for the last quarter, achieving $564.60 million, and topped analysts' earnings estimates by $0.11 with an EPS of $1.17.
• The company's stock currently has a consensus rating of "Hold" from analysts, with a price target averaging $123.00. Additionally, it is set to pay a quarterly dividend of $0.14.

4D Advisors LLC reduced its stake in Federal Signal Corporation (NYSE:FSS - Free Report) by 10.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,000 shares of the conglomerate's stock after selling 5,000 shares during the period. Federal Signal comprises 2.6% of 4D Advisors LLC's investment portfolio, making the stock its 17th largest position. 4D Advisors LLC owned 0.07% of Federal Signal worth $3,310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CoreCap Advisors LLC grew its holdings in shares of Federal Signal by 19.9% in the fourth quarter. CoreCap Advisors LLC now owns 875 shares of the conglomerate's stock worth $81,000 after purchasing an additional 145 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its position in Federal Signal by 16.9% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 1,119 shares of the conglomerate's stock valued at $82,000 after buying an additional 162 shares during the period. Bessemer Group Inc. grew its holdings in Federal Signal by 78.4% in the 1st quarter. Bessemer Group Inc. now owns 421 shares of the conglomerate's stock worth $31,000 after acquiring an additional 185 shares during the last quarter. Xponance Inc. increased its position in shares of Federal Signal by 5.2% in the first quarter. Xponance Inc. now owns 4,540 shares of the conglomerate's stock valued at $334,000 after acquiring an additional 226 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Federal Signal by 3.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,662 shares of the conglomerate's stock valued at $616,000 after acquiring an additional 237 shares during the last quarter. Institutional investors own 92.73% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Raymond James Financial raised their target price on Federal Signal from $120.00 to $145.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. KeyCorp reiterated a "sector weight" rating on shares of Federal Signal in a report on Friday, July 11th. Wall Street Zen raised Federal Signal from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. CJS Securities restated a "market perform" rating and set a $125.00 target price on shares of Federal Signal in a report on Thursday, July 31st. Finally, DA Davidson raised their price target on Federal Signal from $100.00 to $112.00 and gave the stock a "neutral" rating in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Federal Signal has a consensus rating of "Hold" and an average target price of $123.00.

Federal Signal Stock Down 0.1%

Shares of NYSE FSS traded down $0.17 during mid-day trading on Friday, hitting $124.80. 230,267 shares of the stock traded hands, compared to its average volume of 409,492. The company has a market cap of $7.59 billion, a price-to-earnings ratio of 34.76, a PEG ratio of 2.22 and a beta of 1.32. The stock has a fifty day moving average price of $118.35 and a 200-day moving average price of $97.27. Federal Signal Corporation has a 52 week low of $66.47 and a 52 week high of $130.30. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.25 and a current ratio of 2.60.

Federal Signal (NYSE:FSS - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The conglomerate reported $1.17 EPS for the quarter, beating the consensus estimate of $1.06 by $0.11. Federal Signal had a return on equity of 18.91% and a net margin of 11.22%.The business had revenue of $564.60 million during the quarter, compared to analyst estimates of $537.24 million. During the same quarter last year, the firm posted $0.95 earnings per share. The company's revenue for the quarter was up 15.1% on a year-over-year basis. Federal Signal has set its FY 2025 guidance at 3.920-4.100 EPS. Research analysts anticipate that Federal Signal Corporation will post 3.34 EPS for the current year.

Federal Signal Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Friday, August 15th were paid a $0.14 dividend. The ex-dividend date was Friday, August 15th. This represents a $0.56 dividend on an annualized basis and a yield of 0.4%. Federal Signal's payout ratio is presently 15.60%.

About Federal Signal

Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.