UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 19,977 Shares of Federal Signal Corporation $FSS

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its holdings in Federal Signal Corporation (NYSE:FSS) by 14.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 122,905 shares of the conglomerate’s stock after selling 19,977 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.20% of Federal Signal worth $15,792,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada raised its stake in shares of Federal Signal by 3.5% during the 1st quarter. Royal Bank of Canada now owns 93,618 shares of the conglomerate’s stock worth $6,886,000 after purchasing an additional 3,153 shares during the period. AQR Capital Management LLC grew its position in Federal Signal by 10.9% during the first quarter. AQR Capital Management LLC now owns 35,702 shares of the conglomerate’s stock valued at $2,626,000 after buying an additional 3,520 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Federal Signal by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,822 shares of the conglomerate’s stock worth $2,635,000 after buying an additional 1,594 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Federal Signal by 15.9% during the first quarter. NewEdge Advisors LLC now owns 1,838 shares of the conglomerate’s stock worth $135,000 after buying an additional 252 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in Federal Signal in the first quarter worth about $1,119,000. Institutional investors 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 firm’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 completion of the transaction, the vice president directly owned 15,689 shares of the company’s stock, valued at $2,046,473.16. This trade represents a 48.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.30% of the stock is owned by insiders.

Federal Signal Price Performance

FSS opened at $118.95 on Friday. The firm has a 50-day moving average price of $122.02 and a 200-day moving average price of $116.39. Federal Signal Corporation has a twelve month low of $101.18 and a twelve month high of $134.51. 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 has a market capitalization of $7.26 billion, a price-to-earnings ratio of 25.64, a PEG ratio of 1.63 and a beta of 1.23.

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

Federal Signal Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Friday, August 14th were given a dividend of $0.15 per share. The ex-dividend date was Friday, August 14th. This represents a $0.60 annualized dividend and a dividend yield of 0.5%. Federal Signal’s dividend payout ratio is currently 12.93%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. Zacks Research downgraded shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Citigroup assumed coverage on shares of Federal Signal in a report on Monday, August 17th. They issued a “buy” rating and a $150.00 price target on the stock. Wall Street Zen downgraded Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, Weiss Ratings raised Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $140.50.

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.