State of Wyoming Has $1.06 Million Stake in Federal Signal Corporation $FSS

State of Wyoming increased its position in Federal Signal Corporation (NYSE:FSS) by 124.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,798 shares of the conglomerate’s stock after purchasing an additional 5,439 shares during the quarter. State of Wyoming’s holdings in Federal Signal were worth $1,060,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Wasatch Advisors LP bought a new stake in Federal Signal in the 3rd quarter valued at $174,476,000. Norges Bank acquired a new position in shares of Federal Signal in the 4th quarter valued at $98,257,000. Vaughan Nelson Investment Management L.P. bought a new position in shares of Federal Signal during the 1st quarter worth about $57,749,000. Invesco Ltd. lifted its holdings in shares of Federal Signal by 16.0% during the 3rd quarter. Invesco Ltd. now owns 1,967,348 shares of the conglomerate’s stock worth $234,095,000 after acquiring an additional 271,878 shares during the period. Finally, UBS Group AG boosted its position in shares of Federal Signal by 77.0% during the 3rd quarter. UBS Group AG now owns 609,582 shares of the conglomerate’s stock valued at $72,534,000 after acquiring an additional 265,145 shares in the last quarter. Institutional investors and hedge funds own 92.73% of the company’s stock.

Federal Signal Trading Up 0.7%

FSS opened at $116.83 on Thursday. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.84 and a quick ratio of 1.29. The company has a market cap of $7.13 billion, a price-to-earnings ratio of 26.55, a price-to-earnings-growth ratio of 1.68 and a beta of 1.23. The firm has a 50 day simple moving average of $116.19 and a 200 day simple moving average of $114.66. Federal Signal Corporation has a fifty-two week low of $101.18 and a fifty-two week high of $134.51.

Federal Signal (NYSE:FSS) last released 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 business had revenue of $625.60 million for the quarter, compared to analysts’ expectations of $579.87 million. During the same quarter in the previous year, the business posted $0.76 EPS. Federal Signal’s revenue for the quarter was up 35.0% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. On average, sell-side analysts anticipate that Federal Signal Corporation will post 4.94 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on FSS shares. DA Davidson increased their price target on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Wall Street Zen raised Federal Signal from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. KeyCorp reissued an “overweight” rating and issued a $140.00 target price on shares of Federal Signal in a report on Thursday, April 30th. Weiss Ratings upgraded Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. Finally, Zacks Research raised Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Federal Signal presently has a consensus rating of “Buy” and a consensus target price of $139.25.

About Federal Signal

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.