Vaughan Nelson Investment Management L.P. Acquires Shares of 534,020 Federal Signal Corporation $FSS

Vaughan Nelson Investment Management L.P. acquired a new stake in Federal Signal Corporation (NYSE:FSS) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 534,020 shares of the conglomerate’s stock, valued at approximately $57,749,000.

Several other large investors also recently modified their holdings of the business. Diversified Trust Co boosted its holdings in Federal Signal by 12.1% in the first quarter. Diversified Trust Co now owns 10,883 shares of the conglomerate’s stock valued at $1,177,000 after purchasing an additional 1,177 shares during the last quarter. Montanaro Asset Management Ltd grew its stake in Federal Signal by 65.9% during the 4th quarter. Montanaro Asset Management Ltd now owns 68,500 shares of the conglomerate’s stock valued at $7,438,000 after purchasing an additional 27,200 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its stake in Federal Signal by 244.1% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 881 shares of the conglomerate’s stock valued at $96,000 after purchasing an additional 625 shares in the last quarter. Vancity Investment Management Ltd increased its holdings in Federal Signal by 2.1% during the 4th quarter. Vancity Investment Management Ltd now owns 6,511 shares of the conglomerate’s stock worth $707,000 after purchasing an additional 136 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in Federal Signal by 10.2% during the 4th quarter. Invesco Ltd. now owns 2,168,788 shares of the conglomerate’s stock worth $235,509,000 after purchasing an additional 201,440 shares during the last quarter. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Federal Signal Stock Up 0.1%

NYSE:FSS opened at $118.61 on Monday. The company has a market capitalization of $7.23 billion, a price-to-earnings ratio of 26.96, a price-to-earnings-growth ratio of 1.71 and a beta of 1.26. Federal Signal Corporation has a one year low of $100.23 and a one year high of $132.89. The stock has a 50-day simple moving average of $113.80 and a 200 day simple moving average of $112.94. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.29 and a current ratio of 2.84.

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

Federal Signal Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were paid a dividend of $0.15 per share. The ex-dividend date was Friday, May 15th. This represents a $0.60 annualized dividend and a yield of 0.5%. Federal Signal’s dividend payout ratio (DPR) is 13.64%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on FSS shares. DA Davidson upped 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 reissued an “overweight” rating and set a $140.00 price target on shares of Federal Signal in a research report on Thursday, April 30th. Wall Street Zen upgraded shares of Federal Signal from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Weiss Ratings cut shares of Federal Signal from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 4th. Finally, CJS Securities raised shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price target on the stock in a report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price 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.