Universal Beteiligungs und Servicegesellschaft mbH Purchases 17,242 Shares of Federal Signal Corporation $FSS

Universal Beteiligungs und Servicegesellschaft mbH raised its position in shares of Federal Signal Corporation (NYSE:FSS) by 12.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 158,744 shares of the conglomerate’s stock after purchasing an additional 17,242 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Federal Signal were worth $16,894,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Van Berkom & Associates Inc. increased its stake in shares of Federal Signal by 2.0% in the 1st quarter. Van Berkom & Associates Inc. now owns 1,045,565 shares of the conglomerate’s stock worth $76,901,000 after acquiring an additional 20,771 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Federal Signal by 0.3% in the first quarter. Price T Rowe Associates Inc. MD now owns 718,214 shares of the conglomerate’s stock worth $52,826,000 after purchasing an additional 2,057 shares during the period. Nuveen LLC bought a new position in shares of Federal Signal during the first quarter valued at approximately $45,307,000. Global Alpha Capital Management Ltd. lifted its holdings in shares of Federal Signal by 17.3% during the second quarter. Global Alpha Capital Management Ltd. now owns 562,813 shares of the conglomerate’s stock valued at $59,895,000 after purchasing an additional 83,100 shares during the last quarter. Finally, GW&K Investment Management LLC lifted its holdings in shares of Federal Signal by 0.7% during the first quarter. GW&K Investment Management LLC now owns 544,463 shares of the conglomerate’s stock valued at $40,045,000 after purchasing an additional 3,734 shares during the last quarter. Institutional investors own 92.73% of the company’s stock.

Insider Activity at Federal Signal

In other news, COO Mark Weber sold 51,187 shares of the business’s stock in a transaction that occurred on Thursday, November 6th. The shares were sold at an average price of $111.56, for a total transaction of $5,710,421.72. Following the completion of the transaction, the chief operating officer directly owned 73,874 shares of the company’s stock, valued at $8,241,383.44. The trade was a 40.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.30% of the stock is owned by corporate insiders.

Federal Signal Stock Down 0.4%

FSS stock opened at $106.63 on Wednesday. Federal Signal Corporation has a 1-year low of $66.47 and a 1-year high of $132.89. The business has a fifty day moving average price of $119.37 and a 200-day moving average price of $112.69. 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 stock has a market capitalization of $6.48 billion, a P/E ratio of 29.70, a P/E/G ratio of 2.31 and a beta of 1.28.

Federal Signal (NYSE:FSS) last released its quarterly earnings data on Thursday, October 30th. The conglomerate reported $1.14 EPS for the quarter, beating the consensus estimate of $1.07 by $0.07. Federal Signal had a return on equity of 18.91% and a net margin of 11.22%.The company had revenue of $555.00 million for the quarter, compared to analysts’ expectations of $545.19 million. During the same period last year, the firm posted $0.87 earnings per share. Federal Signal’s revenue was up 17.0% compared to the same quarter last year. Federal Signal has set its FY 2025 guidance at 4.090-4.170 EPS. Equities analysts forecast that Federal Signal Corporation will post 3.34 earnings per share for the current fiscal year.

Federal Signal Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 2nd. Stockholders of record on Friday, November 14th will be paid a $0.14 dividend. The ex-dividend date is Friday, November 14th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.5%. Federal Signal’s payout ratio is currently 14.62%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on FSS shares. CJS Securities restated a “market perform” rating and issued a $125.00 price target on shares of Federal Signal in a research note on Thursday, July 31st. Weiss Ratings reissued a “buy (b-)” rating on shares of Federal Signal in a research note on Thursday, November 13th. Wall Street Zen upgraded Federal Signal from a “hold” rating to a “buy” rating in a report on Saturday, August 2nd. Zacks Research cut shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Finally, Raymond James Financial raised their price objective on shares of Federal Signal from $120.00 to $145.00 and gave the company an “outperform” rating in a research note on Thursday, July 31st. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average 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.