Lindenwold Advisors INC Purchases Shares of 1,950 Federal Signal Corporation $FSS

Lindenwold Advisors INC purchased a new stake in Federal Signal Corporation (NYSE:FSS) during the second quarter, Holdings Channel.com reports. The institutional investor purchased 1,950 shares of the conglomerate’s stock, valued at approximately $208,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FSS. Opal Wealth Advisors LLC acquired a new position in shares of Federal Signal in the 1st quarter valued at about $29,000. Bessemer Group Inc. lifted its stake in shares of Federal Signal by 78.4% in the 1st quarter. Bessemer Group Inc. now owns 421 shares of the conglomerate’s stock valued at $31,000 after purchasing an additional 185 shares during the period. Physician Wealth Advisors Inc. lifted its stake in shares of Federal Signal by 47.0% in the 2nd quarter. Physician Wealth Advisors Inc. now owns 291 shares of the conglomerate’s stock valued at $31,000 after purchasing an additional 93 shares during the period. Signaturefd LLC lifted its stake in shares of Federal Signal by 46.3% in the 2nd quarter. Signaturefd LLC now owns 660 shares of the conglomerate’s stock valued at $70,000 after purchasing an additional 209 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its stake in shares of Federal Signal by 16.9% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 1,119 shares of the conglomerate’s stock valued at $82,000 after purchasing an additional 162 shares during the period. 92.73% of the stock is owned by institutional investors and hedge funds.

Federal Signal Stock Performance

Shares of Federal Signal stock opened at $115.85 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.60 and a quick ratio of 1.25. The business has a 50-day simple moving average of $124.04 and a 200 day simple moving average of $104.23. The firm has a market capitalization of $7.04 billion, a price-to-earnings ratio of 32.27, a PEG ratio of 2.09 and a beta of 1.29. Federal Signal Corporation has a one year low of $66.47 and a one year high of $130.30.

Federal Signal (NYSE:FSS) last issued its quarterly earnings data on Wednesday, July 30th. The conglomerate reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.11. The firm had revenue of $564.60 million during the quarter, compared to analyst estimates of $537.24 million. Federal Signal had a return on equity of 18.91% and a net margin of 11.22%.The company’s revenue for the quarter was up 15.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.95 EPS. Federal Signal has set its FY 2025 guidance at 3.920-4.100 EPS. On average, research analysts anticipate that Federal Signal Corporation will post 3.34 earnings per share for the current fiscal year.

Federal Signal Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Friday, August 15th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Friday, August 15th. Federal Signal’s payout ratio is currently 15.60%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Federal Signal in a research note on Wednesday. KeyCorp reaffirmed a “sector weight” rating on shares of Federal Signal in a research report on Friday, July 11th. DA Davidson boosted their target price on Federal Signal from $100.00 to $112.00 and gave the company a “neutral” rating in a research report on Thursday, July 31st. CJS Securities reaffirmed a “market perform” rating and issued a $125.00 target price on shares of Federal Signal in a research report on Thursday, July 31st. Finally, Zacks Research lowered Federal Signal from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $123.00.

Federal Signal Company Profile

Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.