Alta Capital Management LLC Has $7.51 Million Stake in Federal Signal Corporation $FSS

Alta Capital Management LLC trimmed its position in shares of Federal Signal Corporation (NYSE:FSS) by 6.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 69,116 shares of the conglomerate’s stock after selling 5,125 shares during the period. Alta Capital Management LLC’s holdings in Federal Signal were worth $7,505,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Bessemer Group Inc. lifted its holdings in shares of Federal Signal by 91.9% during the 4th quarter. Bessemer Group Inc. now owns 295,531 shares of the conglomerate’s stock valued at $32,092,000 after buying an additional 141,495 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of Federal Signal by 7.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 265,145 shares of the conglomerate’s stock valued at $28,792,000 after buying an additional 18,487 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its holdings in shares of Federal Signal by 1.5% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 13,897 shares of the conglomerate’s stock valued at $1,509,000 after buying an additional 200 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Federal Signal during the 4th quarter valued at about $500,000. Finally, Versor Investments LP acquired a new stake in shares of Federal Signal during the 4th quarter valued at about $279,000. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Federal Signal Stock Up 1.1%

Shares of FSS stock opened at $112.61 on Tuesday. The firm has a market cap of $6.87 billion, a PE ratio of 25.59, a price-to-earnings-growth ratio of 1.61 and a beta of 1.32. The company has a quick ratio of 1.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.38. Federal Signal Corporation has a 12 month low of $91.48 and a 12 month high of $132.89. The stock has a 50 day moving average of $112.40 and a 200-day moving average of $113.12.

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

Federal Signal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Friday, May 15th. Federal Signal’s dividend payout ratio is 13.64%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Zacks Research upgraded Federal Signal from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. KeyCorp reiterated an “overweight” rating and set a $140.00 price target on shares of Federal Signal in a report on Thursday, April 30th. DA Davidson upped their target price on 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 research report on Saturday, May 2nd. Finally, CJS Securities raised Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 target price for the company in a research 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 assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Federal Signal presently has an average rating of “Buy” and an average price target 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.