Capital World Investors Buys 100,000 Shares of Federal Signal Corporation $FSS

Capital World Investors grew its holdings in shares of Federal Signal Corporation (NYSE:FSS) by 4.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,362,294 shares of the conglomerate’s stock after acquiring an additional 100,000 shares during the period. Capital World Investors owned about 3.88% of Federal Signal worth $256,522,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of FSS. EverSource Wealth Advisors LLC grew its position in shares of Federal Signal by 140.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock valued at $26,000 after acquiring an additional 142 shares during the period. Covestor Ltd grew its position in shares of Federal Signal by 118.0% during the 4th quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 151 shares during the period. Caitong International Asset Management Co. Ltd grew its position in shares of Federal Signal by 3,100.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock valued at $30,000 after acquiring an additional 248 shares during the period. Danske Bank A S bought a new stake in shares of Federal Signal during the 3rd quarter valued at $48,000. Finally, Globeflex Capital L P grew its position in shares of Federal Signal by 8,618.2% during the 2nd quarter. Globeflex Capital L P now owns 959 shares of the conglomerate’s stock valued at $102,000 after acquiring an additional 948 shares during the period. Institutional investors own 92.73% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Zacks Research upgraded shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. DA Davidson upped their target price on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. CJS Securities raised shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 target price for the company in a report on Thursday, February 26th. KeyCorp reaffirmed an “overweight” rating and issued a $140.00 target price on shares of Federal Signal in a report on Thursday, April 30th. Finally, Weiss Ratings downgraded shares of Federal Signal from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $139.25.

Federal Signal Trading Up 0.3%

Shares of Federal Signal stock opened at $106.86 on Tuesday. The company has a market capitalization of $6.52 billion, a P/E ratio of 24.29, a P/E/G ratio of 1.54 and a beta of 1.26. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 2.84. The company has a fifty day moving average of $113.07 and a 200 day moving average of $112.82. Federal Signal Corporation has a fifty-two week low of $97.25 and a fifty-two week high of $132.89.

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

Federal Signal Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were paid a $0.15 dividend. The ex-dividend date was Friday, May 15th. This represents a $0.60 annualized dividend and a yield of 0.6%. Federal Signal’s payout ratio is presently 13.64%.

About Federal Signal

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.