Federal Signal Corporation $FSS Holdings Boosted by Van Berkom & Associates Inc.

Van Berkom & Associates Inc. boosted its position in shares of Federal Signal Corporation (NYSE:FSSFree Report) by 16.4% during the 4th quarter, HoldingsChannel reports. The firm owned 741,187 shares of the conglomerate’s stock after buying an additional 104,213 shares during the quarter. Federal Signal accounts for 2.3% of Van Berkom & Associates Inc.’s investment portfolio, making the stock its 21st biggest holding. Van Berkom & Associates Inc.’s holdings in Federal Signal were worth $80,485,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Archer Investment Corp grew its position in Federal Signal by 5.7% during the 3rd quarter. Archer Investment Corp now owns 1,842 shares of the conglomerate’s stock worth $219,000 after purchasing an additional 99 shares in the last quarter. Canada Pension Plan Investment Board grew its position in Federal Signal by 10.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 1,100 shares of the conglomerate’s stock worth $117,000 after purchasing an additional 100 shares in the last quarter. CoreCap Advisors LLC grew its position in Federal Signal by 50.0% during the 3rd quarter. CoreCap Advisors LLC now owns 300 shares of the conglomerate’s stock worth $36,000 after purchasing an additional 100 shares in the last quarter. KLP Kapitalforvaltning AS grew its position in Federal Signal by 0.8% during the 3rd quarter. KLP Kapitalforvaltning AS now owns 12,700 shares of the conglomerate’s stock worth $1,511,000 after purchasing an additional 100 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its position in 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 in the last quarter. 92.73% of the stock is currently owned by hedge funds and other institutional investors.

Federal Signal Trading Down 3.3%

Shares of NYSE:FSS opened at $117.61 on Tuesday. The firm has a fifty day moving average of $112.42 and a two-hundred day moving average of $113.52. The firm has a market capitalization of $7.17 billion, a P/E ratio of 26.73, a price-to-earnings-growth ratio of 1.77 and a beta of 1.32. Federal Signal Corporation has a 12-month low of $85.31 and a 12-month high of $132.89. The company has a quick ratio of 1.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.38.

Federal Signal (NYSE:FSSGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.29. Federal Signal had a net margin of 11.56% and a return on equity of 21.18%. The business had revenue of $625.60 million during the quarter, compared to analyst estimates of $579.87 million. During the same quarter in the previous year, the business earned $0.76 EPS. Federal Signal’s quarterly revenue was up 35.0% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. On average, equities analysts expect that Federal Signal Corporation will post 4.92 EPS for the current fiscal year.

Federal Signal Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, May 15th. Federal Signal’s payout ratio is presently 13.64%.

Wall Street Analyst Weigh In

FSS has been the subject of a number of research reports. CJS Securities raised shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 target price for the company in a research note on Thursday, February 26th. DA Davidson lifted their target price on shares of Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research note on Friday. Wall Street Zen raised shares of Federal Signal from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, KeyCorp reissued an “overweight” rating and set a $140.00 target price on shares of Federal Signal in a research note on Thursday. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $139.25.

View Our Latest Stock Report on FSS

About Federal Signal

(Free Report)

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.

See Also

Want to see what other hedge funds are holding FSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federal Signal Corporation (NYSE:FSSFree Report).

Institutional Ownership by Quarter for Federal Signal (NYSE:FSS)

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