Fort Washington Investment Advisors Inc. OH Raises Stock Holdings in Federal Signal Corporation $FSS

Fort Washington Investment Advisors Inc. OH boosted its stake in shares of Federal Signal Corporation (NYSE:FSS) by 9.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 270,471 shares of the conglomerate’s stock after purchasing an additional 22,940 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Federal Signal were worth $29,249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC boosted its holdings in shares of Federal Signal by 47.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 88,210 shares of the conglomerate’s stock valued at $9,579,000 after buying an additional 28,299 shares in the last quarter. Tudor Investment Corp ET AL raised 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 in the last quarter. Geode Capital Management LLC raised its stake in shares of Federal Signal by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 1,725,757 shares of the conglomerate’s stock worth $187,427,000 after acquiring an additional 18,587 shares in the last quarter. Nordea Investment Management AB purchased a new stake in Federal Signal during the fourth quarter valued at approximately $8,590,000. Finally, B. Metzler seel. Sohn & Co. AG lifted its position in Federal Signal by 60.5% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 30,772 shares of the conglomerate’s stock valued at $3,342,000 after acquiring an additional 11,605 shares during the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Analysts Set New Price Targets

FSS has been the subject of several recent analyst reports. Zacks Research upgraded shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. Wall Street Zen raised Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings upgraded Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. DA Davidson raised their price objective on Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, KeyCorp restated an “overweight” rating and set a $140.00 target price on shares of Federal Signal in a research note on Thursday, April 30th. One investment 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 company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $139.25.

Federal Signal Stock Performance

FSS opened at $125.61 on Monday. The company has a market cap of $7.66 billion, a P/E ratio of 28.55, a price-to-earnings-growth ratio of 1.81 and a beta of 1.26. The company has a quick ratio of 1.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.38. The firm’s 50-day moving average price is $114.44 and its 200-day moving average price is $113.33. Federal Signal Corporation has a 52-week low of $101.18 and a 52-week high of $132.89.

Federal Signal (NYSE:FSS) last released its earnings results on Wednesday, April 29th. The conglomerate reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.29. The company had revenue of $625.60 million during the quarter, compared to analysts’ expectations of $579.87 million. Federal Signal had a net margin of 11.56% and a return on equity of 21.18%. Federal Signal’s revenue for the quarter was up 35.0% on a year-over-year basis. During the same period last year, the business earned $0.76 EPS. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. As a group, equities analysts anticipate that Federal Signal Corporation will post 4.94 EPS 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 issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.5%. Federal Signal’s dividend payout ratio (DPR) is currently 13.64%.

Federal Signal Company 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.