Neumeier Poma Investment Counsel LLC Trims Stake in Federal Signal Corporation $FSS

Neumeier Poma Investment Counsel LLC lowered its stake in Federal Signal Corporation (NYSE:FSS) by 10.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 222,931 shares of the conglomerate’s stock after selling 27,030 shares during the quarter. Federal Signal makes up about 2.0% of Neumeier Poma Investment Counsel LLC’s holdings, making the stock its 26th biggest position. Neumeier Poma Investment Counsel LLC owned about 0.37% of Federal Signal worth $24,208,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. New Age Alpha Advisors LLC lifted its stake in Federal Signal by 3.4% in the 4th quarter. New Age Alpha Advisors LLC now owns 2,895 shares of the conglomerate’s stock valued at $314,000 after buying an additional 95 shares in the last quarter. Canada Pension Plan Investment Board lifted its stake in Federal Signal by 10.0% in the 2nd quarter. Canada Pension Plan Investment Board now owns 1,100 shares of the conglomerate’s stock valued at $117,000 after buying an additional 100 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Federal Signal by 9.5% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the conglomerate’s stock worth $130,000 after purchasing an additional 108 shares during the period. EverSource Wealth Advisors LLC lifted its stake 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 worth $26,000 after purchasing an additional 142 shares during the period. Finally, Covestor Ltd lifted its stake in shares of Federal Signal by 118.0% during the 4th quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 151 shares during the period. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on FSS. DA Davidson increased their price target on 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 raised Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. KeyCorp reissued an “overweight” rating and set a $140.00 price target on shares of Federal Signal in a research note on Thursday, April 30th. Wall Street Zen raised Federal Signal from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Federal Signal in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $139.25.

Federal Signal Trading Up 0.6%

FSS stock opened at $107.78 on Friday. The company has a market cap of $6.57 billion, a price-to-earnings ratio of 24.49, a PEG ratio of 1.55 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 business has a fifty day simple moving average of $113.20 and a 200-day simple moving average of $112.82. Federal Signal Corporation has a 52 week low of $97.25 and a 52 week high of $132.89.

Federal Signal (NYSE:FSS) last released its quarterly earnings data on Wednesday, April 29th. The conglomerate reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.29. The business had revenue of $625.60 million during the quarter, compared to the consensus estimate of $579.87 million. Federal Signal had a return on equity of 21.18% and a net margin of 11.56%.The business’s revenue for the quarter was up 35.0% on a year-over-year basis. During the same period 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, equities research analysts expect that Federal Signal Corporation will post 4.94 EPS for the current year.

Federal Signal Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders 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 was Friday, May 15th. Federal Signal’s dividend payout ratio is presently 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.