Van Hulzen Asset Management LLC Makes New $1 Million Investment in Federal Signal Corporation $FSS

Van Hulzen Asset Management LLC acquired a new stake in shares of Federal Signal Corporation (NYSE:FSS) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 7,803 shares of the conglomerate’s stock, valued at approximately $1,003,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in FSS. BlackRock Inc. acquired a new stake in shares of Federal Signal during the second quarter valued at approximately $1,236,004,000. Vanguard Group Inc. boosted its stake in 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 boosted its stake in Federal Signal by 4.4% in the 4th quarter. Capital World Investors now owns 2,362,294 shares of the conglomerate’s stock worth $256,522,000 after purchasing an additional 100,000 shares during the period. State Street Corp grew its position in Federal Signal by 0.4% during the 2nd quarter. State Street Corp now owns 2,266,523 shares of the conglomerate’s stock worth $241,203,000 after purchasing an additional 7,982 shares in the last quarter. Finally, Invesco Ltd. grew its position in Federal Signal by 10.2% during the 4th quarter. Invesco Ltd. now owns 2,168,788 shares of the conglomerate’s stock worth $235,509,000 after purchasing an additional 201,440 shares in the last quarter. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of Federal Signal stock in a transaction that occurred 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 transaction, the vice president directly owned 15,689 shares of the company’s stock, valued at $2,046,473.16. The trade was a 48.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 3.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

FSS has been the subject of a number of research analyst reports. Weiss Ratings upgraded Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Wall Street Zen downgraded Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Zacks Research lowered Federal Signal from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Citigroup started coverage on Federal Signal in a research note on Monday, August 17th. They issued a “buy” rating and a $150.00 price objective for the company. Finally, KeyCorp restated an “overweight” rating and set a $140.00 price objective on shares of Federal Signal in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $140.50.

Federal Signal Stock Performance

NYSE:FSS opened at $119.88 on Tuesday. The firm has a market capitalization of $7.32 billion, a PE ratio of 25.84, a PEG ratio of 1.67 and a beta of 1.24. Federal Signal Corporation has a 1 year low of $101.18 and a 1 year high of $134.51. The company has a current ratio of 2.74, a quick ratio of 1.21 and a debt-to-equity ratio of 0.30. The firm’s fifty day simple moving average is $122.24 and its 200 day simple moving average is $116.31.

Federal Signal (NYSE:FSS) last released its earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share 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 during the quarter, compared to analyst estimates of $667.04 million. During the same quarter in the previous year, the business earned $1.17 EPS. The business’s revenue was up 18.7% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. On average, sell-side analysts anticipate that Federal Signal Corporation will post 5.23 EPS for the current year.

Federal Signal Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Friday, August 14th will be issued a $0.15 dividend. 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 dividend payout ratio (DPR) is 12.93%.

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.