Handelsbanken Fonder AB Acquires 5,100 Shares of Federal Signal Corporation $FSS

Handelsbanken Fonder AB increased its holdings in shares of Federal Signal Corporation (NYSE:FSS) by 2.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 263,260 shares of the conglomerate’s stock after buying an additional 5,100 shares during the quarter. Handelsbanken Fonder AB’s holdings in Federal Signal were worth $28,587,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Archer Investment Corp raised its position in Federal Signal by 5.7% in the third quarter. Archer Investment Corp now owns 1,842 shares of the conglomerate’s stock valued at $219,000 after purchasing an additional 99 shares during the last quarter. Canada Pension Plan Investment Board raised its position in Federal Signal by 10.0% in the second quarter. Canada Pension Plan Investment Board now owns 1,100 shares of the conglomerate’s stock valued at $117,000 after purchasing an additional 100 shares during the last quarter. Smartleaf Asset Management LLC raised its position in Federal Signal by 9.5% in the second quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the conglomerate’s stock valued at $130,000 after purchasing an additional 108 shares during the last quarter. Amalgamated Bank raised its position in Federal Signal by 0.8% in the third quarter. Amalgamated Bank now owns 17,478 shares of the conglomerate’s stock valued at $2,080,000 after purchasing an additional 136 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Federal Signal by 140.6% in the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock valued at $26,000 after purchasing an additional 142 shares during the last quarter. 92.73% of the stock is currently owned by institutional investors.

Federal Signal Price Performance

Shares of FSS opened at $109.64 on Wednesday. Federal Signal Corporation has a 1 year low of $91.48 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 capitalization of $6.69 billion, a price-to-earnings ratio of 24.92, a price-to-earnings-growth ratio of 1.63 and a beta of 1.32. The business has a 50-day moving average of $112.42 and a 200-day moving average of $112.97.

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

Federal Signal Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Friday, May 15th. Federal Signal’s dividend payout ratio (DPR) is 13.64%.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Wall Street Zen upgraded Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. KeyCorp reiterated an “overweight” rating and issued a $140.00 target price on shares of Federal Signal in a research report on Thursday, April 30th. Zacks Research upgraded Federal Signal from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 4th. DA Davidson increased their target price on Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Finally, 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 report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $139.25.

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.