Physician Wealth Advisors Inc. Raises Stock Position in Federal Signal Corporation $FSS

Physician Wealth Advisors Inc. increased its stake in Federal Signal Corporation (NYSE:FSS) by 47.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 291 shares of the conglomerate’s stock after acquiring an additional 93 shares during the quarter. Physician Wealth Advisors Inc.’s holdings in Federal Signal were worth $31,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV increased its holdings in Federal Signal by 16.9% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 1,119 shares of the conglomerate’s stock worth $82,000 after acquiring an additional 162 shares in the last quarter. Bessemer Group Inc. increased its holdings in Federal Signal by 78.4% in the 1st quarter. Bessemer Group Inc. now owns 421 shares of the conglomerate’s stock worth $31,000 after acquiring an additional 185 shares in the last quarter. Harbor Investment Advisory LLC increased its holdings in Federal Signal by 29.3% in the 2nd quarter. Harbor Investment Advisory LLC now owns 851 shares of the conglomerate’s stock worth $91,000 after acquiring an additional 193 shares in the last quarter. Xponance Inc. increased its holdings in Federal Signal by 5.2% in the 1st quarter. Xponance Inc. now owns 4,540 shares of the conglomerate’s stock worth $334,000 after acquiring an additional 226 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Federal Signal by 3.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,662 shares of the conglomerate’s stock worth $616,000 after buying an additional 237 shares in the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Federal Signal Stock Down 1.9%

Shares of NYSE:FSS opened at $125.25 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.60 and a quick ratio of 1.25. The firm has a market capitalization of $7.61 billion, a PE ratio of 34.89, a price-to-earnings-growth ratio of 2.23 and a beta of 1.32. The firm’s 50-day moving average is $121.31 and its two-hundred day moving average is $100.19. Federal Signal Corporation has a 1 year low of $66.47 and a 1 year high of $130.30.

Federal Signal (NYSE:FSS) last issued its quarterly earnings results on Wednesday, July 30th. The conglomerate reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.11. The company had revenue of $564.60 million for the quarter, compared to analyst estimates of $537.24 million. Federal Signal had a net margin of 11.22% and a return on equity of 18.91%. The business’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.95 earnings per share. Federal Signal has set its FY 2025 guidance at 3.920-4.100 EPS. Analysts predict that Federal Signal Corporation will post 3.34 EPS for the current year.

Federal Signal Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 28th. Investors of record on Friday, August 15th were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Friday, August 15th. Federal Signal’s dividend payout ratio is presently 15.60%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Wall Street Zen raised shares of Federal Signal from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. CJS Securities reaffirmed a “market perform” rating and set a $125.00 target price on shares of Federal Signal in a report on Thursday, July 31st. DA Davidson upped their target price on shares of Federal Signal from $100.00 to $112.00 and gave the stock a “neutral” rating in a report on Thursday, July 31st. KeyCorp reaffirmed a “sector weight” rating on shares of Federal Signal in a report on Friday, July 11th. Finally, Raymond James Financial upped their target price on shares of Federal Signal from $120.00 to $145.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $123.00.

Federal Signal Company Profile

Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.