Federal Signal Corporation $FSS Shares Sold by Conestoga Capital Advisors LLC

Conestoga Capital Advisors LLC cut its holdings in shares of Federal Signal Corporation (NYSE:FSS) by 13.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 860,917 shares of the conglomerate’s stock after selling 139,167 shares during the period. Federal Signal comprises about 1.9% of Conestoga Capital Advisors LLC’s portfolio, making the stock its 23rd biggest position. Conestoga Capital Advisors LLC owned about 1.41% of Federal Signal worth $93,100,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Wasatch Advisors LP purchased a new position in Federal Signal in the 3rd quarter valued at approximately $174,476,000. Norges Bank acquired a new stake in shares of Federal Signal in the fourth quarter valued at $98,257,000. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Federal Signal in the first quarter valued at $57,749,000. Invesco Ltd. boosted its holdings in Federal Signal by 16.0% in the third quarter. Invesco Ltd. now owns 1,967,348 shares of the conglomerate’s stock valued at $234,095,000 after purchasing an additional 271,878 shares during the period. Finally, UBS Group AG boosted its holdings in Federal Signal by 77.0% in the third quarter. UBS Group AG now owns 609,582 shares of the conglomerate’s stock valued at $72,534,000 after purchasing an additional 265,145 shares during the period. Institutional investors and hedge funds own 92.73% of the company’s stock.

Federal Signal Price Performance

Shares of NYSE FSS opened at $128.83 on Thursday. The stock has a fifty day moving average price of $115.32 and a 200 day moving average price of $113.69. Federal Signal Corporation has a 1-year low of $101.18 and a 1-year high of $132.89. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.84 and a quick ratio of 1.29. The company has a market cap of $7.86 billion, a PE ratio of 29.28, a P/E/G ratio of 1.86 and a beta of 1.23.

Federal Signal (NYSE:FSS) last posted its quarterly earnings results on Wednesday, April 29th. The conglomerate reported $1.18 EPS for the quarter, beating the consensus estimate of $0.89 by $0.29. The business had revenue of $625.60 million during the quarter, compared to analysts’ expectations of $579.87 million. Federal Signal had a return on equity of 21.18% and a net margin of 11.56%.The company’s quarterly revenue was up 35.0% compared to the same quarter last year. During the same period last year, the firm earned $0.76 EPS. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. Sell-side analysts forecast that Federal Signal Corporation will post 4.94 EPS for the current year.

Federal Signal Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Friday, May 15th. Federal Signal’s payout ratio is presently 13.64%.

Analyst Ratings Changes

FSS has been the subject of several analyst reports. KeyCorp reiterated an “overweight” rating and set a $140.00 price target on shares of Federal Signal in a report on Thursday, April 30th. DA Davidson boosted their target price on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Zacks Research upgraded Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. Weiss Ratings raised Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Finally, Wall Street Zen raised Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $139.25.

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.