California State Teachers Retirement System Buys 9,082 Shares of Federal Signal Corporation $FSS

California State Teachers Retirement System raised its stake in Federal Signal Corporation (NYSE:FSS) by 15.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 66,783 shares of the conglomerate’s stock after purchasing an additional 9,082 shares during the period. California State Teachers Retirement System’s holdings in Federal Signal were worth $7,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in FSS. Vanguard Group Inc. boosted its holdings in shares of Federal Signal by 2.1% in the 4th quarter. Vanguard Group Inc. now owns 6,840,396 shares of the conglomerate’s stock valued at $742,799,000 after buying an additional 138,855 shares in the last quarter. Capital World Investors lifted its stake in shares of Federal Signal by 4.4% during the fourth quarter. Capital World Investors now owns 2,362,294 shares of the conglomerate’s stock worth $256,522,000 after buying an additional 100,000 shares during the period. State Street Corp grew its stake in Federal Signal by 0.4% during the 2nd quarter. State Street Corp now owns 2,266,523 shares of the conglomerate’s stock valued at $241,203,000 after purchasing an additional 7,982 shares during the last quarter. Invesco Ltd. boosted its position in Federal Signal by 10.2% in the fourth quarter. Invesco Ltd. now owns 2,168,788 shares of the conglomerate’s stock valued at $235,509,000 after buying an additional 201,440 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Federal Signal by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 1,725,757 shares of the conglomerate’s stock worth $187,427,000 after acquiring an additional 18,587 shares during the period. 92.73% of the stock is currently owned by institutional investors.

Federal Signal Stock Up 2.3%

Shares of NYSE FSS opened at $132.06 on Wednesday. The company has a quick ratio of 1.21, a current ratio of 2.74 and a debt-to-equity ratio of 0.30. Federal Signal Corporation has a 52-week low of $101.18 and a 52-week high of $134.51. The firm has a market cap of $8.06 billion, a price-to-earnings ratio of 28.46, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24. The company’s 50-day simple moving average is $117.80 and its 200-day simple moving average is $115.07.

Federal Signal (NYSE:FSS) last announced its earnings results on Thursday, July 30th. The conglomerate reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.13. Federal Signal had a return on equity of 21.36% and a net margin of 11.66%.The business had revenue of $670.20 million during the quarter, compared to analysts’ expectations of $667.04 million. During the same quarter in the prior year, the firm earned $1.17 earnings per share. The business’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. Equities analysts predict that Federal Signal Corporation will post 5.23 EPS for the current fiscal year.

Federal Signal Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Friday, August 14th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Friday, August 14th. Federal Signal’s dividend payout ratio is currently 12.93%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on FSS shares. DA Davidson lifted their price objective on Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Wall Street Zen downgraded Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday. KeyCorp reaffirmed an “overweight” rating and set a $140.00 target price on shares of Federal Signal in a report on Thursday, April 30th. Zacks Research upgraded Federal Signal from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 4th. Finally, Weiss Ratings raised Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Federal Signal has an average rating of “Buy” and a consensus price target of $137.33.

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.