Federal Signal Corporation $FSS Shares Bought by Handelsbanken Fonder AB

Handelsbanken Fonder AB lifted its holdings in shares of Federal Signal Corporation (NYSE:FSS) by 4.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 194,259 shares of the conglomerate’s stock after acquiring an additional 8,499 shares during the quarter. Handelsbanken Fonder AB’s holdings in Federal Signal were worth $24,960,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Federal Signal by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 6,840,396 shares of the conglomerate’s stock valued at $742,799,000 after purchasing an additional 138,855 shares during the last quarter. Capital World Investors grew its stake in Federal Signal by 4.4% during the 4th quarter. Capital World Investors now owns 2,362,294 shares of the conglomerate’s stock valued at $256,522,000 after purchasing an additional 100,000 shares in the last quarter. State Street Corp increased its holdings in Federal Signal by 0.4% during the 2nd quarter. State Street Corp now owns 2,266,523 shares of the conglomerate’s stock worth $241,203,000 after purchasing an additional 7,982 shares during the last quarter. Invesco Ltd. increased its holdings in Federal Signal by 10.2% during the 4th quarter. Invesco Ltd. now owns 2,168,788 shares of the conglomerate’s stock worth $235,509,000 after purchasing an additional 201,440 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Federal Signal by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 1,725,757 shares of the conglomerate’s stock valued at $187,427,000 after purchasing an additional 18,587 shares in the last quarter. Institutional investors and hedge funds own 92.73% of the company’s stock.

Insider Activity at Federal Signal

In other news, VP Diane Bonina sold 14,856 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $130.44, for a total value of $1,937,816.64. Following the sale, the vice president owned 15,689 shares of the company’s stock, valued at approximately $2,046,473.16. The trade was a 48.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on FSS shares. KeyCorp reiterated an “overweight” rating and set a $140.00 target price on shares of Federal Signal in a research note on Thursday, April 30th. 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. Wall Street Zen cut shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. DA Davidson increased their price target on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, Zacks Research raised shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $137.33.

Federal Signal Trading Down 1.6%

Shares of NYSE:FSS opened at $126.69 on Thursday. The company has a quick ratio of 1.21, a current ratio of 2.74 and a debt-to-equity ratio of 0.30. The company’s 50-day moving average price is $120.02 and its 200 day moving average price is $115.63. The company has a market cap of $7.73 billion, a PE ratio of 27.30, a P/E/G ratio of 1.76 and a beta of 1.24. Federal Signal Corporation has a fifty-two week low of $101.18 and a fifty-two week high of $134.51.

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

Federal Signal Dividend Announcement

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

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.