Jefferies Financial Group Inc. Buys New Stake in Federal Signal Corporation $FSS

Jefferies Financial Group Inc. bought a new stake in Federal Signal Corporation (NYSE:FSS) in the 2nd quarter, HoldingsChannel reports. The fund bought 27,940 shares of the conglomerate’s stock, valued at approximately $3,590,000.

A number of other large investors have also made changes to their positions in FSS. EverSource Wealth Advisors LLC lifted its holdings in shares of Federal Signal by 140.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock valued at $26,000 after purchasing an additional 142 shares during the last quarter. Palladiem LLC acquired a new position in Federal Signal during the 4th quarter valued at about $27,000. Physician Wealth Advisors Inc. increased its position in Federal Signal by 57.2% during the 1st quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock valued at $27,000 after buying an additional 91 shares in the last quarter. Allworth Financial LP purchased a new stake in Federal Signal in the second quarter valued at about $33,000. Finally, Caitong International Asset Management Co. Ltd raised its stake in Federal Signal by 3,100.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock valued at $30,000 after buying an additional 248 shares during the last quarter. 92.73% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

FSS has been the topic of several research analyst reports. Citigroup assumed coverage on shares of Federal Signal in a research report on Monday, August 17th. They set a “buy” rating and a $150.00 target price on the stock. DA Davidson lifted their price objective on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Wall Street Zen lowered shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Zacks Research downgraded Federal Signal from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Finally, Weiss Ratings upgraded Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $140.50.

Federal Signal Stock Performance

FSS opened at $118.37 on Friday. Federal Signal Corporation has a 12-month low of $101.18 and a 12-month high of $134.51. The company has a current ratio of 2.74, a quick ratio of 1.21 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $7.23 billion, a PE ratio of 25.51, a P/E/G ratio of 1.64 and a beta of 1.24. The firm has a 50 day moving average of $122.57 and a two-hundred day moving average of $116.48.

Federal Signal (NYSE:FSS) last released its quarterly earnings data on Thursday, July 30th. The conglomerate reported $1.42 EPS for the quarter, beating the consensus estimate of $1.29 by $0.13. The business had revenue of $670.20 million for the quarter, compared to the consensus estimate of $667.04 million. Federal Signal had a net margin of 11.66% and a return on equity of 21.36%. The business’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.17 EPS. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. On average, analysts anticipate that Federal Signal Corporation will post 5.23 EPS for the current year.

Federal Signal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Friday, August 14th were paid a dividend of $0.15 per share. The ex-dividend date was Friday, August 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.5%. Federal Signal’s dividend payout ratio (DPR) is presently 12.93%.

Insider Activity

In other news, VP Diane Bonina sold 14,856 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $130.44, for a total value of $1,937,816.64. Following the sale, the vice president owned 15,689 shares in the company, valued at $2,046,473.16. This represents a 48.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 3.30% of the stock is currently owned by company insiders.

Federal Signal 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.