State of Wyoming boosted its holdings in Federal Signal Corporation (NYSE:FSS – Free Report) by 124.8% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 9,798 shares of the conglomerate’s stock after buying an additional 5,439 shares during the period. State of Wyoming’s holdings in Federal Signal were worth $1,060,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of FSS. EverSource Wealth Advisors LLC increased its holdings in Federal Signal by 140.6% in the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock valued at $26,000 after buying an additional 142 shares during the last quarter. Palladiem LLC bought a new position in Federal Signal in the 4th quarter valued at about $27,000. Physician Wealth Advisors Inc. lifted its position in Federal Signal by 57.2% in the first quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock worth $27,000 after purchasing an additional 91 shares during the period. Covestor Ltd grew its holdings in Federal Signal by 118.0% during the fourth quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock worth $30,000 after acquiring an additional 151 shares during the period. Finally, Caitong International Asset Management Co. Ltd boosted its position in shares of Federal Signal by 3,100.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 248 shares in the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.
Federal Signal Trading Up 0.7%
Shares of FSS stock opened at $116.83 on Thursday. The company has a market cap of $7.13 billion, a PE ratio of 26.55, a price-to-earnings-growth ratio of 1.68 and a beta of 1.23. The company has a quick ratio of 1.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.38. Federal Signal Corporation has a 12 month low of $101.18 and a 12 month high of $134.51. The business’s 50 day moving average is $116.19 and its two-hundred day moving average is $114.66.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on FSS. Wall Street Zen raised Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. DA Davidson upped their price target on shares of Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. KeyCorp reiterated an “overweight” rating and set a $140.00 price objective on shares of Federal Signal in a research report on Thursday, April 30th. Zacks Research raised shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. Finally, Weiss Ratings upgraded Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $139.25.
Check Out Our Latest Research Report on Federal Signal
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.
Further Reading
- Five stocks we like better than Federal Signal
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Want to see what other hedge funds are holding FSS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Federal Signal Corporation (NYSE:FSS – Free Report).
Receive News & Ratings for Federal Signal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Federal Signal and related companies with MarketBeat.com's FREE daily email newsletter.
