VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $2.66 Million Investment in Federal Signal Corporation $FSS

Key Points

• Virginia Retirement Systems acquired 20,700 Federal Signal shares worth approximately $2.66 million during the second quarter. Institutional investors collectively own 92.73% of the company.
• Federal Signal reported quarterly EPS of $1.42, exceeding the $1.29 analyst consensus, while revenue rose 18.7% year over year to $670.2 million. Management issued fiscal 2026 EPS guidance of $5.12–$5.30.
• The stock recently traded at $113.26, below its 52-week high of $134.51. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $140.50, while the company pays a $0.60 annualized dividend yielding about 0.5%.

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Federal Signal Corporation (NYSE:FSS - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 20,700 shares of the conglomerate's stock, valued at approximately $2,660,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. BlackRock Inc. acquired a new position in shares of Federal Signal in the 2nd quarter valued at $1,236,004,000. California State Teachers Retirement System raised its stake in Federal Signal by 13,113.4% in the 2nd quarter. California State Teachers Retirement System now owns 8,824,308 shares of the conglomerate's stock worth $1,133,835,000 after acquiring an additional 8,757,525 shares during the last quarter. Wasatch Advisors LP acquired a new stake in Federal Signal during the 3rd quarter worth about $174,476,000. Norges Bank purchased a new stake in Federal Signal during the 4th quarter valued at about $98,257,000. Finally, Bank of America Corp DE purchased a new stake in Federal Signal during the 2nd quarter valued at about $78,503,000. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Federal Signal Stock Performance

NYSE FSS opened at $113.26 on Friday. The stock has a 50-day simple moving average of $121.08 and a two-hundred day simple moving average of $116.34. The firm has a market capitalization of $6.91 billion, a P/E ratio of 24.41, a PEG ratio of 1.60 and a beta of 1.23. Federal Signal Corporation has a fifty-two week low of $101.18 and a fifty-two 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.

Federal Signal (NYSE:FSS - Get Free Report) last issued its earnings results on Thursday, July 30th. The conglomerate reported $1.42 EPS for the quarter, topping analysts' consensus estimates of $1.29 by $0.13. Federal Signal had a return on equity of 21.36% and a net margin of 11.66%.The firm had revenue of $670.20 million for the quarter, compared to the consensus estimate of $667.04 million. During the same quarter in the prior year, the business earned $1.17 earnings per share. The company's revenue was up 18.7% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. On average, equities analysts forecast that Federal Signal Corporation will post 5.23 earnings per share for the current year.

Federal Signal Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Friday, August 14th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $0.60 dividend on an annualized basis and a yield of 0.5%. Federal Signal's payout ratio is presently 12.93%.

Insider Transactions at Federal Signal

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of the company's stock in a transaction that occurred on Tuesday, August 4th. The stock was 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 in the company, valued at approximately $2,046,473.16. This represents a 48.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 3.30% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Wall Street Zen downgraded Federal Signal from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. Zacks Research downgraded shares of Federal Signal from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 12th. Citigroup assumed coverage on shares of Federal Signal in a research report on Monday, August 17th. They set a "buy" rating and a $150.00 price target for the company. Finally, Weiss Ratings upgraded shares of Federal Signal from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, June 23rd. One investment 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 stock. According to data from MarketBeat, Federal Signal currently has a consensus rating of "Moderate Buy" and an average target price of $140.50.

Federal Signal Profile

Federal Signal Corporation NYSE: FSS designs and manufactures equipment and systems that help protect people, maintain infrastructure and improve environmental conditions. The company serves municipal, governmental, industrial and commercial customers with products used in public safety, emergency response, infrastructure maintenance and environmental services.

Its Environmental Solutions Group provides street sweepers, sewer cleaners, vacuum excavators, hydro-excavation equipment, vacuum loaders and related vehicles and systems.

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