Van Berkom & Associates Inc. Has $78.33 Million Holdings in Federal Signal Corporation $FSS

Van Berkom & Associates Inc. cut its holdings in shares of Federal Signal Corporation (NYSE:FSS) by 2.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 724,341 shares of the conglomerate’s stock after selling 16,846 shares during the period. Federal Signal comprises approximately 2.6% of Van Berkom & Associates Inc.’s holdings, making the stock its 15th largest holding. Van Berkom & Associates Inc.’s holdings in Federal Signal were worth $78,330,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in Federal Signal by 0.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,208,087 shares of the conglomerate’s stock worth $130,633,000 after purchasing an additional 3,546 shares in the last quarter. Parallel Advisors LLC grew its holdings in shares of Federal Signal by 18.7% during the first quarter. Parallel Advisors LLC now owns 767 shares of the conglomerate’s stock worth $83,000 after purchasing an additional 121 shares during the last quarter. California Public Employees Retirement System increased its stake in shares of Federal Signal by 4.4% in the first quarter. California Public Employees Retirement System now owns 119,471 shares of the conglomerate’s stock valued at $12,920,000 after buying an additional 5,053 shares in the last quarter. Assetmark Inc. increased its stake in shares of Federal Signal by 324.2% in the first quarter. Assetmark Inc. now owns 526 shares of the conglomerate’s stock valued at $57,000 after buying an additional 402 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of Federal Signal by 15.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 101,829 shares of the conglomerate’s stock valued at $11,012,000 after buying an additional 13,619 shares in the last quarter. 92.73% of the stock is owned by institutional investors and hedge funds.

Federal Signal Stock Performance

Federal Signal stock opened at $116.90 on Monday. The company has a market cap of $7.13 billion, a PE ratio of 26.57, a PEG ratio of 1.69 and a beta of 1.23. 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 1 year low of $101.18 and a 1 year high of $134.51. The company’s 50-day moving average is $116.20 and its two-hundred day moving average is $114.51.

Federal Signal (NYSE:FSS) last issued its quarterly earnings results on Wednesday, April 29th. The conglomerate reported $1.18 EPS for the quarter, topping the consensus estimate of $0.89 by $0.29. The company had revenue of $625.60 million during the quarter, compared to analysts’ expectations of $579.87 million. Federal Signal had a net margin of 11.56% and a return on equity of 21.18%. Federal Signal’s revenue was up 35.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.76 EPS. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. Equities analysts anticipate that Federal Signal Corporation will post 4.94 earnings per share for the current year.

Federal Signal Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders 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 yield of 0.5%. The ex-dividend date of this dividend was Friday, May 15th. Federal Signal’s payout ratio is currently 13.64%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. KeyCorp reiterated an “overweight” rating and set a $140.00 price target on shares of Federal Signal in a research report on Thursday, April 30th. Zacks Research upgraded shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 4th. Wall Street Zen raised shares of Federal Signal from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings upgraded shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. Finally, DA Davidson increased their price objective on Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average 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.