Neumeier Poma Investment Counsel LLC Purchases New Position in Federal Signal Corporation $FSS

Neumeier Poma Investment Counsel LLC purchased a new position in Federal Signal Corporation (NYSE:FSS) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 404,008 shares of the conglomerate’s stock, valued at approximately $51,910,988,000. Federal Signal makes up 3.6% of Neumeier Poma Investment Counsel LLC’s portfolio, making the stock its 5th largest position. Neumeier Poma Investment Counsel LLC owned approximately 0.66% of Federal Signal as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in FSS. BlackRock Inc. purchased a new stake in Federal Signal during the second quarter valued at approximately $1,236,004,000. 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 worth $742,799,000 after purchasing an additional 138,855 shares during the period. Capital World Investors increased its position in shares of Federal Signal by 4.4% during the 4th quarter. Capital World Investors now owns 2,362,294 shares of the conglomerate’s stock valued at $256,522,000 after purchasing an additional 100,000 shares during the last quarter. State Street Corp increased its position in shares of 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. Finally, Invesco Ltd. raised its holdings in Federal Signal by 10.2% during the 4th 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 period. 92.73% of the stock is owned by institutional investors.

Federal Signal Stock Down 0.1%

NYSE:FSS opened at $122.35 on Monday. Federal Signal Corporation has a twelve month low of $101.18 and a twelve month high of $134.51. The company has a market cap of $7.47 billion, a price-to-earnings ratio of 26.37, a price-to-earnings-growth ratio of 1.67 and a beta of 1.24. The stock has a fifty day simple moving average of $122.07 and a 200-day simple moving average of $116.24. The company has a current ratio of 2.74, a quick ratio of 1.21 and a debt-to-equity ratio of 0.30.

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

Federal Signal Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on FSS shares. KeyCorp restated an “overweight” rating and issued a $140.00 price target on shares of Federal Signal in a research report on Thursday, April 30th. Citigroup assumed coverage on shares of 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 report on Wednesday, August 12th. DA Davidson lifted their price target on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, Wall Street Zen downgraded shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Federal Signal presently has a consensus rating of “Moderate Buy” and an average price target of $140.50.

Insiders Place Their Bets

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of the company’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $130.44, for a total value 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 represents a 48.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 3.30% of the stock is currently owned by company insiders.

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.