Bullseye Asset Management LLC Takes Position in Federal Signal Corporation $FSS

Bullseye Asset Management LLC bought a new stake in shares of Federal Signal Corporation (NYSE:FSS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 20,906 shares of the conglomerate’s stock, valued at approximately $2,270,000.

Several other large investors have also recently made changes to their positions in the business. Wasatch Advisors LP bought a new position in shares of Federal Signal during the 3rd quarter worth $174,476,000. Norges Bank bought a new position in shares of Federal Signal during the 4th quarter worth $98,257,000. Invesco Ltd. grew its stake in shares of Federal Signal by 16.0% during the 3rd quarter. Invesco Ltd. now owns 1,967,348 shares of the conglomerate’s stock worth $234,095,000 after acquiring an additional 271,878 shares during the period. UBS Group AG grew its stake in shares of Federal Signal by 77.0% during the 3rd quarter. UBS Group AG now owns 609,582 shares of the conglomerate’s stock worth $72,534,000 after acquiring an additional 265,145 shares during the period. Finally, Tudor Investment Corp ET AL grew its stake in shares of Federal Signal by 200.0% during the 3rd quarter. Tudor Investment Corp ET AL now owns 265,308 shares of the conglomerate’s stock worth $31,569,000 after acquiring an additional 176,870 shares during the period. 92.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on FSS shares. Zacks Research upgraded Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. Wall Street Zen upgraded Federal Signal from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. KeyCorp restated an “overweight” rating and issued a $140.00 target price on shares of Federal Signal in a research note on Thursday, April 30th. CJS Securities upgraded Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 target price for the company in a research note on Thursday, February 26th. Finally, Weiss Ratings downgraded Federal Signal from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Federal Signal currently has an average rating of “Buy” and a consensus price target of $139.25.

Federal Signal Stock Performance

Shares of FSS opened at $109.04 on Friday. The company has a market cap of $6.65 billion, a PE ratio of 24.78, a price-to-earnings-growth ratio of 1.58 and a beta of 1.26. The company has a current ratio of 2.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. The stock has a 50-day moving average price of $113.29 and a 200-day moving average price of $112.86. Federal Signal Corporation has a 12-month low of $97.25 and a 12-month high of $132.89.

Federal Signal (NYSE:FSS) last announced its quarterly earnings data on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.29. The company had revenue of $625.60 million for 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%.Federal Signal’s revenue for the quarter was up 35.0% compared to the same quarter last year. During the same period last year, the firm posted $0.76 EPS. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. As a group, equities analysts forecast that Federal Signal Corporation will post 4.94 earnings per share for the current fiscal year.

Federal Signal Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, May 15th. Federal Signal’s dividend payout ratio (DPR) is currently 13.64%.

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.