Commerce Bank Takes $944,000 Position in Federal Signal Corporation $FSS

Commerce Bank bought a new stake in shares of Federal Signal Corporation (NYSE:FSS) during the 2nd quarter, according to its most recent filing with the SEC. The firm bought 7,344 shares of the conglomerate’s stock, valued at approximately $944,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC grew its position 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 acquiring an additional 142 shares in the last quarter. Palladiem LLC purchased a new stake in shares of Federal Signal during the fourth quarter valued at approximately $27,000. Physician Wealth Advisors Inc. lifted its position 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 worth $27,000 after purchasing an additional 91 shares in the last quarter. Allworth Financial LP acquired a new position in shares of Federal Signal during the second quarter worth $33,000. Finally, Caitong International Asset Management Co. Ltd boosted its stake in shares of Federal Signal by 3,100.0% in the third 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 during the period. 92.73% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Diane Bonina sold 14,856 shares of the stock in a transaction dated 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 transaction, 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 3.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Weiss Ratings raised shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Wall Street Zen cut shares of Federal Signal from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. DA Davidson raised their target price on Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research note 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 cut Federal Signal from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $140.50.

Federal Signal Stock Up 0.4%

FSS stock opened at $121.13 on Thursday. The company has a current ratio of 2.74, a quick ratio of 1.21 and a debt-to-equity ratio of 0.30. The firm has a 50 day simple moving average of $122.55 and a 200-day simple moving average of $116.44. The company has a market capitalization of $7.39 billion, a P/E ratio of 26.11, a PEG ratio of 1.65 and a beta of 1.24. Federal Signal Corporation has a twelve month low of $101.18 and a twelve month high of $134.51.

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, 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 firm had revenue of $670.20 million for the quarter, compared to analysts’ expectations of $667.04 million. During the same period in the prior year, the company posted $1.17 earnings per share. The firm’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. On average, equities research analysts predict that Federal Signal Corporation will post 5.23 earnings per share for the current fiscal year.

Federal Signal Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Friday, August 14th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Friday, August 14th. Federal Signal’s dividend payout ratio is 12.93%.

Federal Signal 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.