VIRGINIA RETIREMENT SYSTEMS ET Al Purchases New Shares in Federal Signal Corporation $FSS

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Federal Signal Corporation (NYSE:FSS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,600 shares of the conglomerate’s stock, valued at approximately $500,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wasatch Advisors LP acquired a new stake in Federal Signal in the 3rd quarter worth about $174,476,000. Allianz Asset Management GmbH acquired a new position in Federal Signal in the 3rd quarter valued at $108,884,000. Invesco Ltd. raised its stake in Federal Signal by 16.0% in the 3rd quarter. Invesco Ltd. now owns 1,967,348 shares of the conglomerate’s stock valued at $234,095,000 after purchasing an additional 271,878 shares during the last quarter. UBS Group AG lifted its holdings in Federal Signal by 77.0% in the 3rd quarter. UBS Group AG now owns 609,582 shares of the conglomerate’s stock valued at $72,534,000 after purchasing an additional 265,145 shares in the last quarter. Finally, Tudor Investment Corp ET AL boosted its stake in Federal Signal by 200.0% during the 3rd quarter. Tudor Investment Corp ET AL now owns 265,308 shares of the conglomerate’s stock worth $31,569,000 after purchasing an additional 176,870 shares during the last quarter. 92.73% of the stock is owned by hedge funds and other institutional investors.

Federal Signal Trading Up 1.1%

Shares of Federal Signal stock opened at $112.61 on Tuesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 2.84. The company has a market capitalization of $6.87 billion, a P/E ratio of 25.59, a PEG ratio of 1.61 and a beta of 1.32. Federal Signal Corporation has a 1 year low of $91.48 and a 1 year high of $132.89. The company’s fifty day moving average is $112.40 and its two-hundred day moving average is $113.12.

Federal Signal (NYSE:FSS) last announced its earnings results on Wednesday, April 29th. The conglomerate reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.29. Federal Signal had a net margin of 11.56% and a return on equity of 21.18%. The business had revenue of $625.60 million during the quarter, compared to analysts’ expectations of $579.87 million. During the same period in the prior year, the company earned $0.76 earnings per share. The business’s revenue was up 35.0% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. Analysts forecast that Federal Signal Corporation will post 4.94 earnings per share for the current year.

Federal Signal Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Friday, May 15th. Federal Signal’s dividend payout ratio (DPR) is presently 13.64%.

Analyst Ratings Changes

Several research firms have recently weighed in on FSS. Zacks Research raised shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. DA Davidson lifted their target price on Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. KeyCorp restated an “overweight” rating and issued a $140.00 price target on shares of Federal Signal in a research note on Thursday, April 30th. Wall Street Zen raised Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, CJS Securities upgraded shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price target for the company in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Federal Signal has an average rating of “Buy” and a consensus price target of $139.25.

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.