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

Van Hulzen Asset Management LLC acquired a new position in shares of Federal Signal Corporation (NYSE:FSS) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 7,803 shares of the conglomerate’s stock, valued at approximately $1,003,000.

Other large investors have also made changes to their positions in the company. Fiduciary Financial Advisors bought a new stake in shares of Federal Signal in the second quarter valued at about $263,000. Paradigm Capital Management Inc. NY bought a new position in Federal Signal during the second quarter valued at about $8,994,000. Dearborn Partners LLC bought a new position in Federal Signal during the second quarter valued at about $208,000. Trail Ridge Investment Advisors LLC acquired a new position in Federal Signal in the 2nd quarter valued at approximately $2,628,000. Finally, Ranger Investment Management L.P. acquired a new position in Federal Signal in the 2nd quarter valued at approximately $23,055,000. Institutional investors and hedge funds own 92.73% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on FSS shares. DA Davidson lifted their price objective on Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Zacks Research cut Federal Signal from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Citigroup started coverage on shares of Federal Signal in a research note on Monday, August 17th. They set a “buy” rating and a $150.00 price target on the stock. Weiss Ratings upgraded shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. 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 research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $140.50.

Insiders Place Their Bets

In other news, VP Diane Bonina sold 14,856 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were 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 owned 15,689 shares of the company’s stock, valued at approximately $2,046,473.16. This trade represents a 48.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 3.30% of the company’s stock.

Federal Signal Stock Performance

Federal Signal stock opened at $119.88 on Tuesday. The firm has a market capitalization of $7.32 billion, a P/E ratio of 25.84, a P/E/G ratio of 1.67 and a beta of 1.24. The stock has a fifty day moving average price of $122.24 and a two-hundred day moving average price of $116.31. Federal Signal Corporation has a 52-week low of $101.18 and a 52-week 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.

Federal Signal (NYSE:FSS) last issued its earnings results on Thursday, July 30th. The conglomerate reported $1.42 EPS for the quarter, beating the consensus estimate of $1.29 by $0.13. Federal Signal had a net margin of 11.66% and a return on equity of 21.36%. The company had revenue of $670.20 million for the quarter, compared to the consensus estimate of $667.04 million. During the same quarter in the previous year, the company earned $1.17 EPS. The firm’s revenue for the quarter 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. As a group, analysts anticipate that Federal Signal Corporation will post 5.23 EPS for the current fiscal year.

Federal Signal Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Friday, August 14th will be given a $0.15 dividend. The ex-dividend date 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%.

About Federal Signal

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.