64,414 Shares in Federal Signal Corporation $FSS Bought by Emerald Investment Advisers LLC

Emerald Investment Advisers LLC acquired a new position in Federal Signal Corporation (NYSE:FSS) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 64,414 shares of the conglomerate’s stock, valued at approximately $8,277,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FSS. EverSource Wealth Advisors LLC boosted its stake in 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 acquiring an additional 142 shares in the last quarter. Palladiem LLC purchased a new position in shares of Federal Signal during the fourth quarter valued at approximately $27,000. Physician Wealth Advisors Inc. lifted its holdings in shares of Federal Signal by 57.2% during the first quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock valued at $27,000 after purchasing an additional 91 shares during the last quarter. Covestor Ltd boosted its position in shares of Federal Signal by 118.0% in the 4th quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 151 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of Federal Signal by 3,100.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 248 shares in the last quarter. 92.73% of the stock is owned by hedge funds and other institutional investors.

Federal Signal Trading Up 0.3%

Shares of NYSE FSS opened at $122.35 on Friday. The firm’s 50 day moving average price is $122.07 and its 200-day moving average price is $116.21. The company has a market cap of $7.47 billion, a PE ratio of 26.37, a P/E/G ratio of 1.67 and a beta of 1.24. 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 quick ratio of 1.21 and a current ratio of 2.74.

Federal Signal (NYSE:FSS) last announced its quarterly earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.13. The company had revenue of $670.20 million during the quarter, compared to the consensus estimate of $667.04 million. Federal Signal had a net margin of 11.66% and a return on equity of 21.36%. The firm’s quarterly revenue was up 18.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.17 earnings per share. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. On average, equities research analysts expect that Federal Signal Corporation will post 5.23 EPS for the current fiscal year.

Federal Signal Dividend Announcement

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 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 is Friday, August 14th. Federal Signal’s dividend payout ratio (DPR) is currently 12.93%.

Insider Buying and Selling

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of Federal Signal 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 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 3.30% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on FSS. Citigroup initiated coverage on Federal Signal in a research note on Monday. They issued a “buy” rating and a $150.00 price target on the stock. Weiss Ratings upgraded Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research note 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 cut Federal Signal from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Finally, KeyCorp restated an “overweight” rating and set a $140.00 price target on shares of Federal Signal in a report on Thursday, April 30th. 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $140.50.

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.