Trail Ridge Investment Advisors LLC Acquires New Position in Federal Signal Corporation $FSS

Trail Ridge Investment Advisors LLC acquired a new stake in shares of Federal Signal Corporation (NYSE:FSS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 20,451 shares of the conglomerate’s stock, valued at approximately $2,628,000. Federal Signal makes up about 1.1% of Trail Ridge Investment Advisors LLC’s holdings, making the stock its 16th biggest holding.

Other large investors also recently bought and sold shares of the company. Physician Wealth Advisors Inc. grew its position in shares of Federal Signal by 57.2% in the 1st quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock worth $27,000 after acquiring an additional 91 shares in the last quarter. New Age Alpha Advisors LLC increased its holdings in shares of 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 acquiring an additional 95 shares during the last quarter. Canada Pension Plan Investment Board raised its position in shares of Federal Signal by 10.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 1,100 shares of the conglomerate’s stock valued at $117,000 after acquiring an additional 100 shares in the last quarter. Smartleaf Asset Management LLC raised its position 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 valued at $130,000 after acquiring an additional 108 shares in the last quarter. Finally, UMB Bank n.a. lifted its stake in Federal Signal by 50.5% during the fourth quarter. UMB Bank n.a. now owns 331 shares of the conglomerate’s stock worth $36,000 after purchasing an additional 111 shares during the last quarter. Institutional investors own 92.73% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. DA Davidson lifted their price objective on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Zacks Research downgraded shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Wall Street Zen lowered shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Citigroup started coverage on shares of Federal Signal in a research report on Monday, August 17th. They set a “buy” rating and a $150.00 price objective for the company. Finally, Weiss Ratings upgraded shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $140.50.

Federal Signal Trading Down 2.1%

NYSE:FSS opened at $119.88 on Tuesday. The firm has a market capitalization of $7.32 billion, a P/E ratio of 25.84, a P/E/G ratio of 1.67 and a beta of 1.24. The business has a 50 day simple moving average of $122.24 and a 200 day simple moving average of $116.31. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.74 and a quick ratio of 1.21. Federal Signal Corporation has a 12-month low of $101.18 and a 12-month high of $134.51.

Federal Signal (NYSE:FSS) last issued its earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.13. The firm had revenue of $670.20 million for the quarter, compared to analyst estimates of $667.04 million. Federal Signal had a return on equity of 21.36% and a net margin of 11.66%.The firm’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same period last year, the company earned $1.17 earnings per share. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. Equities research analysts predict that Federal Signal Corporation will post 5.23 EPS for the current year.

Federal Signal Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Friday, August 14th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, August 14th. Federal Signal’s dividend payout ratio (DPR) is 12.93%.

Insiders Place Their Bets

In related news, VP Diane Bonina sold 14,856 shares of Federal Signal stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $130.44, for a total value of $1,937,816.64. Following the sale, the vice president directly owned 15,689 shares in the company, valued at $2,046,473.16. This trade represents a 48.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.30% of the stock is currently owned by corporate insiders.

About Federal Signal

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.