Federal Signal Corporation $FSS Shares Sold by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH cut its position in shares of Federal Signal Corporation (NYSE:FSS) by 24.9% during the 3rd quarter, Holdings Channel reports. The firm owned 140,057 shares of the conglomerate’s stock after selling 46,516 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Federal Signal were worth $16,665,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Walleye Capital LLC bought a new position in Federal Signal during the first quarter valued at about $554,000. The Manufacturers Life Insurance Company lifted its holdings in Federal Signal by 1,266.0% in the 1st quarter. The Manufacturers Life Insurance Company now owns 464,593 shares of the conglomerate’s stock valued at $34,171,000 after acquiring an additional 430,583 shares during the last quarter. Vident Advisory LLC boosted its position in shares of Federal Signal by 113.5% during the 1st quarter. Vident Advisory LLC now owns 4,828 shares of the conglomerate’s stock valued at $355,000 after purchasing an additional 2,567 shares in the last quarter. Baird Financial Group Inc. grew its stake in shares of Federal Signal by 4.4% in the 1st quarter. Baird Financial Group Inc. now owns 68,219 shares of the conglomerate’s stock worth $5,018,000 after purchasing an additional 2,895 shares during the last quarter. Finally, Graham Capital Management L.P. raised its holdings in shares of Federal Signal by 5.7% in the 1st quarter. Graham Capital Management L.P. now owns 24,270 shares of the conglomerate’s stock worth $1,785,000 after purchasing an additional 1,313 shares in the last quarter. Institutional investors and hedge funds own 92.73% of the company’s stock.

Federal Signal Stock Down 1.8%

FSS stock opened at $109.59 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.61 and a quick ratio of 1.25. The firm has a market capitalization of $6.66 billion, a P/E ratio of 28.61, a P/E/G ratio of 1.92 and a beta of 1.34. Federal Signal Corporation has a 52-week low of $66.47 and a 52-week high of $132.89. The company’s 50 day simple moving average is $113.17 and its 200-day simple moving average is $116.21.

Federal Signal (NYSE:FSS) last posted its quarterly earnings data on Thursday, October 30th. The conglomerate reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.07. Federal Signal had a net margin of 11.47% and a return on equity of 19.50%. The firm had revenue of $555.00 million for the quarter, compared to analysts’ expectations of $545.19 million. During the same period in the previous year, the company posted $0.87 EPS. The company’s quarterly revenue was up 17.0% compared to the same quarter last year. Federal Signal has set its FY 2025 guidance at 4.090-4.170 EPS. As a group, equities research analysts anticipate that Federal Signal Corporation will post 3.34 EPS for the current year.

Federal Signal Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Friday, November 14th were paid a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Friday, November 14th. Federal Signal’s dividend payout ratio is currently 14.62%.

Analyst Ratings Changes

FSS has been the subject of a number of research reports. Zacks Research cut shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Weiss Ratings reissued a “buy (b-)” rating on shares of Federal Signal in a research note on Monday. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $123.00.

Insider Buying and Selling

In other Federal Signal news, COO Mark Weber sold 51,187 shares of the firm’s stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $111.56, for a total transaction of $5,710,421.72. Following the completion of the sale, the chief operating officer directly owned 73,874 shares in the company, valued at approximately $8,241,383.44. This trade represents a 40.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 3.30% of the company’s stock.

Federal Signal Profile

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.