Crossmark Global Holdings Inc. Has $399,000 Holdings in Federal Signal Co. (NYSE:FSS)

Crossmark Global Holdings Inc. boosted its holdings in Federal Signal Co. (NYSE:FSS) by 4.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,269 shares of the conglomerate’s stock after purchasing an additional 169 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Federal Signal were worth $399,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of FSS. SG Americas Securities LLC acquired a new stake in Federal Signal during the first quarter worth approximately $478,000. Russell Investments Group Ltd. increased its position in shares of Federal Signal by 24.2% in the first quarter. Russell Investments Group Ltd. now owns 62,943 shares of the conglomerate’s stock worth $5,342,000 after purchasing an additional 12,258 shares during the period. ProShare Advisors LLC raised its stake in Federal Signal by 7.4% in the first quarter. ProShare Advisors LLC now owns 12,109 shares of the conglomerate’s stock valued at $1,028,000 after purchasing an additional 832 shares in the last quarter. State Board of Administration of Florida Retirement System lifted its position in Federal Signal by 22.6% during the first quarter. State Board of Administration of Florida Retirement System now owns 59,731 shares of the conglomerate’s stock worth $5,069,000 after purchasing an additional 11,013 shares during the period. Finally, Vanguard Group Inc. grew its stake in Federal Signal by 1.6% during the first quarter. Vanguard Group Inc. now owns 6,786,204 shares of the conglomerate’s stock worth $575,945,000 after buying an additional 106,899 shares in the last quarter. Institutional investors own 92.73% of the company’s stock.

Analyst Ratings Changes

Separately, DA Davidson decreased their price objective on shares of Federal Signal from $94.00 to $90.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 5th.

Federal Signal Price Performance

FSS stock opened at $89.31 on Monday. The stock has a market cap of $5.46 billion, a price-to-earnings ratio of 25.89 and a beta of 0.95. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.83 and a quick ratio of 1.36. The company has a 50 day simple moving average of $89.04 and a 200 day simple moving average of $89.04. Federal Signal Co. has a 1 year low of $68.02 and a 1 year high of $102.18.

Federal Signal (NYSE:FSS) last released its quarterly earnings data on Thursday, October 31st. The conglomerate reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.04. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. The company had revenue of $474.20 million for the quarter, compared to the consensus estimate of $481.71 million. During the same quarter last year, the business posted $0.71 EPS. Federal Signal’s revenue for the quarter was up 6.2% on a year-over-year basis. Research analysts anticipate that Federal Signal Co. will post 3.34 EPS for the current fiscal year.

Federal Signal Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.48 dividend on an annualized basis and a yield of 0.54%. Federal Signal’s payout ratio is 13.91%.

Insider Transactions at Federal Signal

In other Federal Signal news, Director Brenda Reichelderfer sold 25,685 shares of Federal Signal stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $92.99, for a total value of $2,388,448.15. Following the completion of the sale, the director now directly owns 57,417 shares in the company, valued at approximately $5,339,206.83. The trade was a 30.91 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 3.10% of the stock is owned by corporate insiders.

About Federal Signal

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.