Federal Signal Corporation $FSS Shares Bought by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH grew its stake in shares of Federal Signal Corporation (NYSE:FSS) by 7.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 287,180 shares of the conglomerate’s stock after purchasing an additional 20,957 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Federal Signal were worth $31,817,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Physician Wealth Advisors Inc. raised its stake in shares of Federal Signal by 57.2% in the 1st quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock valued at $27,000 after purchasing an additional 91 shares in the last quarter. Allworth Financial LP bought a new position in shares of Federal Signal during the second quarter worth about $33,000. Ancora Advisors LLC bought a new position in shares of Federal Signal during the second quarter worth about $34,000. Compass Financial Management LLC bought a new position in shares of Federal Signal during the second quarter worth about $51,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of Federal Signal during the second quarter worth about $53,000. Institutional investors own 92.73% of the company’s stock.

Federal Signal Stock Performance

FSS stock opened at $113.23 on Friday. The stock’s 50 day simple moving average is $117.60 and its 200 day simple moving average is $116.88. Federal Signal Corporation has a 12-month low of $101.18 and a 12-month high of $134.51. The firm has a market cap of $6.91 billion, a P/E ratio of 24.40, a P/E/G ratio of 1.54 and a beta of 1.23. The company has a current ratio of 2.74, a quick ratio of 1.21 and a debt-to-equity ratio of 0.30.

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

Federal Signal Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Friday, August 14th were issued 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 of this dividend was Friday, August 14th. Federal Signal’s dividend payout ratio is 12.93%.

Insider Activity

In other news, VP Diane Bonina sold 14,856 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $130.44, for a total value of $1,937,816.64. Following the transaction, the vice president directly owned 15,689 shares in the company, valued at approximately $2,046,473.16. This trade represents a 48.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 3.30% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Weiss Ratings upgraded Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Citigroup initiated coverage on Federal Signal in a report on Monday, August 17th. They issued a “buy” rating and a $150.00 price objective for the company. Zacks Research cut Federal Signal from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Finally, Wall Street Zen downgraded Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $140.50.

Federal Signal Company Profile

Federal Signal Corporation is a manufacturer of environmental and safety solutions serving municipalities, government agencies, industrial customers and commercial organizations. The company designs and produces equipment used to maintain infrastructure, manage environmental services and improve public and workplace safety.

Its Environmental Solutions Group offers street sweepers, sewer cleaners, vacuum trucks, hydro-excavation equipment and related products for street, sewer and infrastructure maintenance.