Landscape Capital Management L.L.C. Buys Shares of 10,224 Federal Signal Corporation $FSS

Landscape Capital Management L.L.C. purchased a new position in shares of Federal Signal Corporation (NYSE:FSS) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 10,224 shares of the conglomerate’s stock, valued at approximately $1,314,000.

Other large investors have also made changes to their positions in the company. First Trust Advisors LP lifted its stake in shares of Federal Signal by 12.0% in the 1st quarter. First Trust Advisors LP now owns 1,161,865 shares of the conglomerate’s stock valued at $125,644,000 after purchasing an additional 124,270 shares during the last quarter. Geode Capital Management LLC increased its position in Federal Signal by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 1,725,757 shares of the conglomerate’s stock worth $187,427,000 after buying an additional 18,587 shares during the last quarter. B. Metzler seel. Sohn & Co. AG increased its position in Federal Signal by 60.5% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 30,772 shares of the conglomerate’s stock worth $3,342,000 after buying an additional 11,605 shares during the last quarter. Montanaro Asset Management Ltd raised its holdings in Federal Signal by 65.9% during the fourth quarter. Montanaro Asset Management Ltd now owns 68,500 shares of the conglomerate’s stock valued at $7,438,000 after buying an additional 27,200 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. bought a new position in Federal Signal during the first quarter valued at about $57,749,000. Institutional investors own 92.73% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on FSS shares. Citigroup began coverage on Federal Signal in a research note on Monday, August 17th. They set a “buy” rating and a $150.00 price target for the company. Weiss Ratings raised Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. DA Davidson upped their target price on Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. KeyCorp reaffirmed an “overweight” rating and set a $140.00 target price on shares of Federal Signal in a research report on Thursday, April 30th. Finally, Zacks Research downgraded Federal Signal from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Federal Signal has a consensus rating of “Moderate Buy” and an average price target of $140.50.

Federal Signal Trading Up 0.3%

Shares of FSS stock opened at $122.35 on Friday. 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 Corporation has a 1 year low of $101.18 and a 1 year high of $134.51. The firm’s fifty day simple moving average is $122.07 and its 200 day simple moving average is $116.21. The firm has a market capitalization of $7.47 billion, a P/E ratio of 26.37, a price-to-earnings-growth ratio of 1.67 and a beta of 1.24.

Federal Signal (NYSE:FSS) last posted its quarterly earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $667.04 million. During the same period last year, the business posted $1.17 EPS. The business’s quarterly 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. As a group, sell-side analysts predict 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. Investors 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 dividend payout ratio (DPR) is 12.93%.

Insider Transactions at Federal Signal

In related news, VP Diane Bonina sold 14,856 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $130.44, for a total transaction of $1,937,816.64. Following the transaction, the vice president directly owned 15,689 shares in the company, valued at $2,046,473.16. The trade was a 48.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 3.30% of the stock is owned by corporate insiders.

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.