Conestoga Capital Advisors LLC Decreases Stock Holdings in Federal Signal Corporation $FSS

Conestoga Capital Advisors LLC reduced its stake in Federal Signal Corporation (NYSE:FSS) by 13.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 860,917 shares of the conglomerate’s stock after selling 139,167 shares during the period. Federal Signal makes up about 1.9% of Conestoga Capital Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding. Conestoga Capital Advisors LLC’s holdings in Federal Signal were worth $93,100,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in FSS. EverSource Wealth Advisors LLC grew its stake in shares of 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 buying an additional 142 shares in the last quarter. Palladiem LLC purchased a new position in Federal Signal in the 4th quarter worth approximately $27,000. Covestor Ltd boosted its holdings in Federal Signal by 118.0% in the 4th quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock worth $30,000 after acquiring an additional 151 shares during the period. Caitong International Asset Management Co. Ltd grew its position in Federal Signal by 3,100.0% in the third 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 in the last quarter. Finally, UMB Bank n.a. grew its position in Federal Signal by 50.5% in the fourth quarter. UMB Bank n.a. now owns 331 shares of the conglomerate’s stock valued at $36,000 after acquiring an additional 111 shares in the last quarter. 92.73% of the stock is owned by hedge funds and other institutional investors.

Federal Signal Price Performance

Shares of FSS opened at $128.83 on Thursday. The firm has a market cap of $7.86 billion, a price-to-earnings ratio of 29.28, a PEG ratio of 1.86 and a beta of 1.23. The stock has a 50 day moving average of $115.32 and a 200-day moving average of $113.69. The company has a current ratio of 2.84, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38. 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 quarterly earnings data 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 firm had revenue of $625.60 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.76 earnings per share. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. As a group, analysts forecast that Federal Signal Corporation will post 4.94 EPS for the current year.

Federal Signal Announces Dividend

The firm also recently declared 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 0.5%. The ex-dividend date of this dividend was Friday, May 15th. Federal Signal’s dividend payout ratio (DPR) is 13.64%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Zacks Research raised shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. DA Davidson boosted 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. Weiss Ratings raised Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. KeyCorp restated an “overweight” rating and set a $140.00 price objective on shares of Federal Signal in a research note on Thursday, April 30th. Finally, Wall Street Zen upgraded Federal Signal from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $139.25.

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.