Creative Financial Designs Inc. ADV Acquires 461 Shares of Federal Signal Corporation $FSS

Creative Financial Designs Inc. ADV grew its holdings in Federal Signal Corporation (NYSE:FSS) by 41.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,580 shares of the conglomerate’s stock after acquiring an additional 461 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Federal Signal were worth $168,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Physician Wealth Advisors Inc. boosted its holdings in Federal Signal by 47.0% in the second quarter. Physician Wealth Advisors Inc. now owns 291 shares of the conglomerate’s stock worth $31,000 after purchasing an additional 93 shares in the last quarter. Signaturefd LLC boosted its stake in shares of Federal Signal by 46.3% during the 2nd quarter. Signaturefd LLC now owns 660 shares of the conglomerate’s stock worth $70,000 after acquiring an additional 209 shares in the last quarter. Harbor Investment Advisory LLC boosted its stake in shares of Federal Signal by 29.3% during the 2nd quarter. Harbor Investment Advisory LLC now owns 851 shares of the conglomerate’s stock worth $91,000 after acquiring an additional 193 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Federal Signal by 280.9% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,135 shares of the conglomerate’s stock worth $121,000 after acquiring an additional 837 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of Federal Signal by 15.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,838 shares of the conglomerate’s stock worth $135,000 after acquiring an additional 252 shares in the last quarter. 92.73% of the stock is currently owned by institutional investors.

Federal Signal Price Performance

Shares of Federal Signal stock opened at $115.31 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.60 and a quick ratio of 1.25. Federal Signal Corporation has a fifty-two week low of $66.47 and a fifty-two week high of $132.89. The firm has a fifty day moving average price of $122.45 and a two-hundred day moving average price of $110.12. The company has a market cap of $7.01 billion, a PE ratio of 32.12, a price-to-earnings-growth ratio of 2.31 and a beta of 1.29.

Federal Signal (NYSE:FSS) last issued its quarterly earnings results on Thursday, October 30th. The conglomerate reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.07. Federal Signal had a net margin of 11.22% and a return on equity of 18.91%. The firm had revenue of $555.00 million during the quarter, compared to the consensus estimate of $545.19 million. During the same period in the prior year, the firm earned $0.87 EPS. The business’s revenue was up 17.0% on a year-over-year basis. Federal Signal has set its FY 2025 guidance at 4.090-4.170 EPS. Analysts expect that Federal Signal Corporation will post 3.34 EPS for the current year.

Federal Signal Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 2nd. Investors of record on Friday, November 14th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Friday, November 14th. Federal Signal’s dividend payout ratio (DPR) is presently 14.62%.

Analyst Upgrades and Downgrades

FSS has been the subject of a number of recent analyst reports. Raymond James Financial upped their target price on Federal Signal from $120.00 to $145.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Wall Street Zen raised shares of Federal Signal from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. DA Davidson upped their price objective on shares of Federal Signal from $100.00 to $112.00 and gave the stock a “neutral” rating in a report on Thursday, July 31st. Weiss Ratings restated a “buy (b)” rating on shares of Federal Signal in a report on Wednesday, October 8th. Finally, Zacks Research cut shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $123.00.

Federal Signal 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.