State of Wyoming Makes New $898,000 Investment in Federal Signal Corporation $FSS

State of Wyoming bought a new position in shares of Federal Signal Corporation (NYSE:FSS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,986 shares of the conglomerate’s stock, valued at approximately $898,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wasatch Advisors LP bought a new position in shares of Federal Signal in the third quarter valued at about $174,476,000. Norges Bank bought a new stake in Federal Signal during the 4th quarter worth about $98,257,000. Vaughan Nelson Investment Management L.P. acquired a new stake in Federal Signal in the 1st quarter valued at about $57,749,000. Invesco Ltd. increased its position in Federal Signal by 16.0% in the 3rd quarter. Invesco Ltd. now owns 1,967,348 shares of the conglomerate’s stock valued at $234,095,000 after acquiring an additional 271,878 shares in the last quarter. Finally, UBS Group AG raised its stake in shares of Federal Signal by 77.0% in the third quarter. UBS Group AG now owns 609,582 shares of the conglomerate’s stock worth $72,534,000 after acquiring an additional 265,145 shares during the last quarter. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Federal Signal Price Performance

Shares of FSS stock opened at $125.90 on Friday. The stock has a 50-day moving average price of $120.72 and a 200 day moving average price of $115.78. The company has a quick ratio of 1.21, a current ratio of 2.74 and a debt-to-equity ratio of 0.30. The firm has a market cap of $7.69 billion, a price-to-earnings ratio of 27.13, a PEG ratio of 1.72 and a beta of 1.24. Federal Signal Corporation has a 12 month low of $101.18 and a 12 month high of $134.51.

Federal Signal (NYSE:FSS) last announced its quarterly earnings data on Thursday, July 30th. The conglomerate reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.13. Federal Signal had a return on equity of 21.36% and a net margin of 11.66%.The firm had revenue of $670.20 million during the quarter, compared to analysts’ expectations of $667.04 million. During the same period in the previous year, the business posted $1.17 EPS. The company’s quarterly revenue was up 18.7% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. Research analysts expect that Federal Signal Corporation will post 5.23 EPS for the current year.

Federal Signal Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Friday, August 14th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, August 14th. Federal Signal’s payout ratio is 12.93%.

Analyst Ratings Changes

FSS has been the topic of a number of research reports. KeyCorp reiterated an “overweight” rating and set a $140.00 target price on shares of Federal Signal in a research report on Thursday, April 30th. DA Davidson raised their price target on shares of Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Wall Street Zen cut shares of Federal Signal from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings raised Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Finally, Zacks Research downgraded Federal Signal from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Federal Signal has a consensus rating of “Moderate Buy” and a consensus target price of $137.33.

Insiders Place Their Bets

In related news, VP Diane Bonina sold 14,856 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $130.44, for a total value of $1,937,816.64. Following the transaction, the vice president directly 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 SEC, which is available at the SEC website. 3.30% of the stock is owned by corporate 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.