Neumeier Poma Investment Counsel LLC trimmed its position in shares of Federal Signal Corporation (NYSE:FSS – Free Report) by 10.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 222,931 shares of the conglomerate’s stock after selling 27,030 shares during the period. Federal Signal makes up approximately 2.0% of Neumeier Poma Investment Counsel LLC’s holdings, making the stock its 26th biggest holding. Neumeier Poma Investment Counsel LLC’s holdings in Federal Signal were worth $24,208,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of FSS. EverSource Wealth Advisors LLC lifted its stake in shares of Federal Signal by 140.6% during the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock worth $26,000 after purchasing an additional 142 shares in the last quarter. Covestor Ltd lifted its stake in shares of Federal Signal by 118.0% during the fourth quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 151 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of Federal Signal by 3,100.0% during the third quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 248 shares in the last quarter. Danske Bank A S acquired a new position in shares of Federal Signal during the third quarter worth about $48,000. Finally, Globeflex Capital L P lifted its stake in shares of Federal Signal by 8,618.2% during the second quarter. Globeflex Capital L P now owns 959 shares of the conglomerate’s stock worth $102,000 after purchasing an additional 948 shares in the last quarter. Institutional investors and hedge funds own 92.73% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on FSS shares. DA Davidson boosted their price objective on Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. CJS Securities upgraded Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price objective on the stock in a research note on Thursday, February 26th. Weiss Ratings restated a “buy (b)” rating on shares of Federal Signal in a research note on Friday, May 22nd. Wall Street Zen upgraded Federal Signal from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, KeyCorp restated an “overweight” rating and set a $140.00 price objective on shares of Federal Signal in a research note on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $139.25.
Federal Signal Stock Up 0.6%
Shares of Federal Signal stock opened at $107.78 on Friday. The business has a 50-day moving average of $113.20 and a 200-day moving average of $112.82. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.84 and a quick ratio of 1.29. The company has a market capitalization of $6.57 billion, a PE ratio of 24.49, a P/E/G ratio of 1.55 and a beta of 1.26. Federal Signal Corporation has a 1-year low of $97.25 and a 1-year high of $132.89.
Federal Signal (NYSE:FSS – Get Free Report) last announced its earnings results on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.29. The company had revenue of $625.60 million during the quarter, compared to the consensus estimate of $579.87 million. Federal Signal had a return on equity of 21.18% and a net margin of 11.56%.The company’s revenue was up 35.0% on a year-over-year basis. During the same period last year, the firm earned $0.76 earnings per share. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. As a group, equities analysts forecast that Federal Signal Corporation will post 4.94 EPS for the current fiscal year.
Federal Signal Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Friday, May 15th. Federal Signal’s dividend payout ratio (DPR) is 13.64%.
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.
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