WINTON GROUP Ltd Buys Shares of 7,982 Federal Signal Corporation $FSS

WINTON GROUP Ltd purchased a new position in shares of Federal Signal Corporation (NYSE:FSS) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 7,982 shares of the conglomerate’s stock, valued at approximately $849,000.

Other institutional investors have also modified their holdings of the company. Physician Wealth Advisors Inc. raised its holdings in shares of Federal Signal by 47.0% in the 2nd quarter. Physician Wealth Advisors Inc. now owns 291 shares of the conglomerate’s stock valued at $31,000 after buying an additional 93 shares during the period. Archer Investment Corp grew its position in Federal Signal by 6.1% in the 2nd quarter. Archer Investment Corp now owns 1,743 shares of the conglomerate’s stock valued at $185,000 after acquiring an additional 100 shares in the last quarter. Maryland State Retirement & Pension System increased its stake in Federal Signal by 0.6% during the second quarter. Maryland State Retirement & Pension System now owns 17,918 shares of the conglomerate’s stock worth $1,907,000 after purchasing an additional 106 shares during the period. Nisa Investment Advisors LLC lifted its position in shares of Federal Signal by 5.1% during the second quarter. Nisa Investment Advisors LLC now owns 2,339 shares of the conglomerate’s stock worth $249,000 after purchasing an additional 113 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position 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. 92.73% of the stock is owned by institutional investors and hedge funds.

Federal Signal Price Performance

Shares of FSS opened at $112.13 on Friday. The company has a current ratio of 2.61, a quick ratio of 1.25 and a debt-to-equity ratio of 0.15. The firm’s fifty day simple moving average is $115.08 and its 200-day simple moving average is $114.61. The firm has a market capitalization of $6.82 billion, a price-to-earnings ratio of 29.28, a PEG ratio of 1.89 and a beta of 1.34. Federal Signal Corporation has a twelve month low of $66.47 and a twelve month high of $132.89.

Federal Signal (NYSE:FSS) last posted its earnings results on Thursday, October 30th. The conglomerate reported $1.14 EPS for the quarter, beating the consensus estimate of $1.07 by $0.07. The firm had revenue of $555.00 million for the quarter, compared to analyst estimates of $545.19 million. Federal Signal had a return on equity of 19.50% and a net margin of 11.47%.Federal Signal’s revenue for the quarter was up 17.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.87 earnings per share. Federal Signal has set its FY 2025 guidance at 4.090-4.170 EPS. Equities analysts forecast that Federal Signal Corporation will post 3.34 EPS for the current fiscal year.

Federal Signal Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 2nd. Investors of record on Friday, November 14th were paid a dividend of $0.14 per share. The ex-dividend date was Friday, November 14th. This represents a $0.56 annualized dividend and a yield of 0.5%. Federal Signal’s payout ratio is presently 14.62%.

Wall Street Analysts Forecast Growth

FSS has been the subject of a number of research reports. Zacks Research cut shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Weiss Ratings restated a “buy (b)” rating on shares of Federal Signal in a research note on Monday, December 1st. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $123.00.

Insider Transactions at Federal Signal

In other Federal Signal news, COO Mark Weber sold 51,187 shares of the stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $111.56, for a total value of $5,710,421.72. Following the transaction, the chief operating officer directly owned 73,874 shares in the company, valued at $8,241,383.44. This represents a 40.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.30% of the stock is owned by company insiders.

About Federal Signal

Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.