Federal Signal Corporation $FSS Shares Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. increased its holdings in shares of Federal Signal Corporation (NYSE:FSS) by 122.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,681 shares of the conglomerate’s stock after acquiring an additional 11,945 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Federal Signal were worth $2,580,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. State Street Corp grew its holdings in shares of Federal Signal by 0.4% during the second quarter. State Street Corp now owns 2,266,523 shares of the conglomerate’s stock valued at $241,203,000 after purchasing an additional 7,982 shares during the last quarter. First Trust Advisors LP raised its position in shares of Federal Signal by 49.6% during the 2nd quarter. First Trust Advisors LP now owns 1,501,431 shares of the conglomerate’s stock worth $159,782,000 after purchasing an additional 497,652 shares during the period. Allianz Asset Management GmbH bought a new stake in shares of Federal Signal in the 3rd quarter worth approximately $108,884,000. Norges Bank bought a new stake in shares of Federal Signal in the 2nd quarter worth approximately $79,165,000. Finally, Franklin Resources Inc. boosted its position in Federal Signal by 20.1% during the 2nd quarter. Franklin Resources Inc. now owns 732,283 shares of the conglomerate’s stock valued at $77,930,000 after purchasing an additional 122,558 shares during the period. Institutional investors own 92.73% of the company’s stock.

Federal Signal Stock Performance

FSS opened at $108.55 on Wednesday. The company has a market capitalization of $6.61 billion, a price-to-earnings ratio of 27.07, a price-to-earnings-growth ratio of 1.62 and a beta of 1.32. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.02 and a quick ratio of 1.35. Federal Signal Corporation has a 1-year low of $66.47 and a 1-year high of $132.89. The business has a 50 day moving average price of $114.60 and a two-hundred day moving average price of $116.45.

Federal Signal (NYSE:FSS) last issued its quarterly earnings results on Wednesday, February 25th. The conglomerate reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.08. Federal Signal had a return on equity of 20.14% and a net margin of 11.31%.The company had revenue of $597.10 million for the quarter, compared to analysts’ expectations of $551.36 million. During the same period last year, the firm earned $0.87 EPS. The firm’s revenue for the quarter was up 26.5% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS. Research analysts predict that Federal Signal Corporation will post 3.34 EPS for the current fiscal year.

Federal Signal Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Friday, March 13th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, March 13th. This is an increase from Federal Signal’s previous quarterly dividend of $0.14. This represents a $0.60 dividend on an annualized basis and a yield of 0.6%. Federal Signal’s dividend payout ratio is presently 13.97%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on FSS. CJS Securities upgraded Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price objective for the company in a research note on Thursday, February 26th. KeyCorp raised shares of Federal Signal from a “sector weight” rating to an “overweight” rating and set a $130.00 price target for the company in a report on Tuesday. Weiss Ratings restated a “buy (b-)” rating on shares of Federal Signal in a research report on Monday, December 29th. Finally, Wall Street Zen cut shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Federal Signal presently has an average rating of “Moderate Buy” and an average price target of $131.75.

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.