Neumeier Poma Investment Counsel LLC Invests $51.91 Million in Federal Signal Corporation $FSS

Neumeier Poma Investment Counsel LLC acquired a new stake in Federal Signal Corporation (NYSE:FSS) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 404,008 shares of the conglomerate’s stock, valued at approximately $51,910,988. Federal Signal comprises about 0.0% of Neumeier Poma Investment Counsel LLC’s portfolio, making the stock its 5th biggest holding. Neumeier Poma Investment Counsel LLC owned 0.66% of Federal Signal at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of FSS. Royal Bank of Canada lifted its stake in shares of Federal Signal by 3.5% in the 1st quarter. Royal Bank of Canada now owns 93,618 shares of the conglomerate’s stock valued at $6,886,000 after acquiring an additional 3,153 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Federal Signal by 10.9% during the first quarter. AQR Capital Management LLC now owns 35,702 shares of the conglomerate’s stock worth $2,626,000 after acquiring an additional 3,520 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Federal Signal by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,822 shares of the conglomerate’s stock worth $2,635,000 after acquiring an additional 1,594 shares in the last quarter. NewEdge Advisors LLC boosted its position 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 purchasing an additional 252 shares during the period. Finally, Empowered Funds LLC acquired a new position in Federal Signal in the first quarter valued at approximately $1,119,000. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Federal Signal Trading Down 2.3%

Shares of FSS stock traded down $2.76 on Friday, hitting $117.62. The stock had a trading volume of 234,517 shares, compared to its average volume of 475,063. The company’s 50 day moving average price is $122.58 and its 200-day moving average price is $116.46. Federal Signal Corporation has a 1 year low of $101.18 and a 1 year high of $134.51. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.74 and a quick ratio of 1.21. The firm has a market capitalization of $7.18 billion, a P/E ratio of 25.35, a P/E/G ratio of 1.66 and a beta of 1.24.

Federal Signal (NYSE:FSS) last announced its earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.13. Federal Signal had a net margin of 11.66% and a return on equity of 21.36%. The firm had revenue of $670.20 million for the quarter, compared to analyst estimates of $667.04 million. During the same quarter last year, the business earned $1.17 earnings per share. Federal Signal’s revenue was up 18.7% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. Analysts anticipate that Federal Signal Corporation will post 5.23 earnings per share for the current year.

Federal Signal Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Friday, August 14th were given a $0.15 dividend. The ex-dividend date of this dividend 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 presently 12.93%.

Wall Street Analyst Weigh In

FSS has been the topic of a number of analyst reports. DA Davidson lifted their price objective on shares of Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. KeyCorp reaffirmed an “overweight” rating and issued a $140.00 price target on shares of Federal Signal in a research note on Thursday, April 30th. Citigroup started coverage on Federal Signal in a research report on Monday, August 17th. They set a “buy” rating and a $150.00 price objective on the stock. Zacks Research lowered shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Finally, Wall Street Zen lowered shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $140.50.

Insider Transactions at Federal Signal

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $130.44, for a total transaction of $1,937,816.64. Following the completion of the sale, 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 sale was disclosed in a legal filing with the SEC, which is accessible through this link. 3.30% of the stock is currently owned by corporate insiders.

Federal Signal Company 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.