Federal Signal Corporation $FSS Stock Bought by Dudley & Shanley Inc.

Dudley & Shanley Inc. raised its holdings in Federal Signal Corporation (NYSE:FSS) by 2.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 174,050 shares of the conglomerate’s stock after acquiring an additional 4,765 shares during the quarter. Federal Signal comprises approximately 3.1% of Dudley & Shanley Inc.’s holdings, making the stock its 17th largest position. Dudley & Shanley Inc. owned about 0.29% of Federal Signal worth $19,283,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in FSS. Central Pacific Bank Trust Division lifted its holdings in Federal Signal by 11.2% during the 3rd quarter. Central Pacific Bank Trust Division now owns 1,980 shares of the conglomerate’s stock valued at $219,000 after purchasing an additional 200 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Federal Signal during the second quarter valued at $225,000. Tidal Investments LLC boosted its stake in shares of Federal Signal by 10.2% in the 2nd quarter. Tidal Investments LLC now owns 29,995 shares of the conglomerate’s stock valued at $3,854,000 after purchasing an additional 2,783 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Federal Signal during the 2nd quarter worth $108,000. Finally, Baird Financial Group Inc. increased its holdings in Federal Signal by 213.8% in the second quarter. Baird Financial Group Inc. now owns 95,021 shares of the conglomerate’s stock valued at $12,209,000 after purchasing an additional 64,737 shares during the last quarter. Institutional investors own 92.73% of the company’s stock.

Insider Activity at Federal Signal

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of the firm’s stock in a transaction on 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 approximately $2,046,473.16. This trade represents a 48.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

FSS has been the topic of several recent analyst reports. Wall Street Zen lowered Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Zacks Research lowered shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 12th. Citigroup initiated coverage on shares of Federal Signal in a research note on Monday, August 17th. They set a “buy” rating and a $150.00 price objective on the stock. Finally, Weiss Ratings cut Federal Signal from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, September 14th. One investment 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’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $140.50.

Federal Signal Price Performance

NYSE FSS traded up $1.28 on Tuesday, hitting $117.71. 87,842 shares of the company’s stock were exchanged, compared to its average volume of 469,305. The stock has a market cap of $7.19 billion, a price-to-earnings ratio of 25.37, a P/E/G ratio of 1.59 and a beta of 1.23. 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 52 week low of $101.18 and a 52 week high of $134.51. The stock has a 50-day moving average of $119.26 and a 200-day moving average of $116.54.

Federal Signal (NYSE:FSS) last issued its quarterly earnings data on Thursday, July 30th. The conglomerate reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.13. Federal Signal had a net margin of 11.66% and a return on equity of 21.36%. The business had revenue of $670.20 million during the quarter, compared to analyst estimates of $667.04 million. During the same quarter last year, the business earned $1.17 EPS. 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. Analysts expect that Federal Signal Corporation will post 5.23 earnings per share for the current year.

Federal Signal Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Friday, August 14th were issued 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 was Friday, August 14th. Federal Signal’s payout ratio is currently 12.93%.

Federal Signal Profile

Federal Signal Corporation is a manufacturer of environmental and safety solutions serving municipalities, government agencies, industrial customers and commercial organizations. The company designs and produces equipment used to maintain infrastructure, manage environmental services and improve public and workplace safety.

Its Environmental Solutions Group offers street sweepers, sewer cleaners, vacuum trucks, hydro-excavation equipment and related products for street, sewer and infrastructure maintenance.