Federal Signal Corporation $FSS Shares Purchased by Capital Fund Management S.A.

Capital Fund Management S.A. boosted its holdings in shares of Federal Signal Corporation (NYSE:FSS) by 22.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,805 shares of the conglomerate’s stock after buying an additional 8,268 shares during the period. Capital Fund Management S.A. owned approximately 0.08% of Federal Signal worth $4,875,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the business. MAI Capital Management increased its holdings in shares of Federal Signal by 1,003.8% during the second quarter. MAI Capital Management now owns 287 shares of the conglomerate’s stock valued at $31,000 after acquiring an additional 261 shares in the last quarter. Physician Wealth Advisors Inc. grew its position in Federal Signal by 47.0% during the 2nd quarter. Physician Wealth Advisors Inc. now owns 291 shares of the conglomerate’s stock worth $31,000 after purchasing an additional 93 shares during the last quarter. TD Waterhouse Canada Inc. acquired a new position in Federal Signal during the 2nd quarter valued at approximately $37,000. Signaturefd LLC raised its holdings in shares of Federal Signal by 46.3% in the second quarter. Signaturefd LLC now owns 660 shares of the conglomerate’s stock worth $70,000 after buying an additional 209 shares during the last quarter. Finally, Harbor Investment Advisory LLC lifted its stake in shares of Federal Signal by 29.3% during the second quarter. Harbor Investment Advisory LLC now owns 851 shares of the conglomerate’s stock worth $91,000 after buying an additional 193 shares during the period. Institutional investors and hedge funds own 92.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Zacks Research downgraded Federal Signal from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. Weiss Ratings reissued a “buy (b-)” rating on shares of Federal Signal in a report on Wednesday, November 19th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Federal Signal has a consensus rating of “Hold” and an average target price of $123.00.

Federal Signal Price Performance

NYSE:FSS opened at $113.15 on Tuesday. The firm’s fifty day moving average is $116.62 and its two-hundred day moving average is $113.96. The firm has a market cap of $6.88 billion, a price-to-earnings ratio of 31.52, a PEG ratio of 2.31 and a beta of 1.28. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.25 and a current ratio of 2.60. Federal Signal Corporation has a one year low of $66.47 and a one year high of $132.89.

Federal Signal (NYSE:FSS) last issued its quarterly earnings data on Thursday, October 30th. The conglomerate reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.07. The business had revenue of $555.00 million during the quarter, compared to analysts’ expectations of $545.19 million. Federal Signal had a return on equity of 18.91% and a net margin of 11.22%.The company’s revenue for the quarter was up 17.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.87 EPS. Federal Signal has set its FY 2025 guidance at 4.090-4.170 EPS. Research analysts expect that Federal Signal Corporation will post 3.34 EPS for the current year.

Federal Signal Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Friday, November 14th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.5%. Federal Signal’s dividend payout ratio (DPR) is presently 14.62%.

Insider Buying and Selling at Federal Signal

In other news, COO Mark Weber sold 51,187 shares of Federal Signal stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $111.56, for a total transaction of $5,710,421.72. Following the completion of the transaction, the chief operating officer directly owned 73,874 shares of the company’s stock, valued at $8,241,383.44. The trade was a 40.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 3.30% of the stock is currently owned by company insiders.

About Federal Signal

Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.