Vest Financial LLC Has $2.60 Million Position in Federal Signal Corporation $FSS

Key Points

• Vest Financial LLC increased its position in Federal Signal Corporation by 24.9%, now holding shares valued at approximately $2.60 million.
• Federal Signal's recent earnings report exceeded expectations, with an EPS of $1.17, surpassing the consensus estimate by $0.11, and showing a 15.1% revenue increase compared to the previous year.
• The company announced a quarterly dividend of $0.14 per share, reflecting a 0.5% dividend yield and a dividend payout ratio of 15.60%.

Vest Financial LLC grew its holdings in shares of Federal Signal Corporation (NYSE:FSS - Free Report) by 24.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,397 shares of the conglomerate's stock after acquiring an additional 4,868 shares during the period. Vest Financial LLC's holdings in Federal Signal were worth $2,596,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of FSS. Opal Wealth Advisors LLC bought a new position in shares of Federal Signal during the 1st quarter worth about $29,000. Bessemer Group Inc. boosted its position in shares of Federal Signal by 78.4% during the 1st quarter. Bessemer Group Inc. now owns 421 shares of the conglomerate's stock worth $31,000 after purchasing an additional 185 shares in the last quarter. Physician Wealth Advisors Inc. boosted its position in shares of Federal Signal by 47.0% during the 2nd quarter. Physician Wealth Advisors Inc. now owns 291 shares of the conglomerate's stock worth $31,000 after purchasing an additional 93 shares in the last quarter. Signaturefd LLC boosted its position in shares of Federal Signal by 46.3% during the 2nd quarter. Signaturefd LLC now owns 660 shares of the conglomerate's stock worth $70,000 after purchasing an additional 209 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its position in shares of Federal Signal by 16.9% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 1,119 shares of the conglomerate's stock worth $82,000 after purchasing an additional 162 shares in the last quarter. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Federal Signal Price Performance

Shares of NYSE FSS opened at $119.00 on Wednesday. Federal Signal Corporation has a fifty-two week low of $66.47 and a fifty-two week high of $130.30. The firm's 50-day simple moving average is $123.75 and its 200 day simple moving average is $104.96. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.25 and a current ratio of 2.60. The stock has a market cap of $7.23 billion, a price-to-earnings ratio of 33.15, a PEG ratio of 2.07 and a beta of 1.29.

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

Federal Signal Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Friday, August 15th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Friday, August 15th. This represents a $0.56 annualized dividend and a dividend yield of 0.5%. Federal Signal's dividend payout ratio (DPR) is currently 15.60%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. KeyCorp reissued a "sector weight" rating on shares of Federal Signal in a research report on Friday, July 11th. Wall Street Zen raised shares of Federal Signal from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. CJS Securities reaffirmed a "market perform" rating and issued a $125.00 price target on shares of Federal Signal in a research report on Thursday, July 31st. Zacks Research cut shares of Federal Signal from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 29th. Finally, DA Davidson raised their price target on shares of Federal Signal from $100.00 to $112.00 and gave the company a "neutral" rating in a research report on Thursday, July 31st. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $123.00.

Federal Signal Company Profile

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.

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