Geode Capital Management LLC Has $187.43 Million Stock Holdings in Federal Signal Corporation $FSS

Geode Capital Management LLC increased its holdings in shares of Federal Signal Corporation (NYSE:FSS) by 1.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,725,757 shares of the conglomerate’s stock after buying an additional 18,587 shares during the period. Geode Capital Management LLC’s holdings in Federal Signal were worth $187,427,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in FSS. Allspring Global Investments Holdings LLC raised its holdings in Federal Signal by 47.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 88,210 shares of the conglomerate’s stock worth $9,579,000 after purchasing an additional 28,299 shares during the last quarter. Tudor Investment Corp ET AL raised its holdings in Federal Signal by 200.0% during the 3rd quarter. Tudor Investment Corp ET AL now owns 265,308 shares of the conglomerate’s stock worth $31,569,000 after purchasing an additional 176,870 shares during the last quarter. Nordea Investment Management AB bought a new position in Federal Signal during the 4th quarter worth approximately $8,590,000. Fort Washington Investment Advisors Inc. OH raised its holdings in Federal Signal by 76.7% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 247,531 shares of the conglomerate’s stock worth $26,879,000 after purchasing an additional 107,474 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. AG raised its holdings in Federal Signal by 60.5% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 30,772 shares of the conglomerate’s stock worth $3,342,000 after purchasing an additional 11,605 shares during the last quarter. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

FSS has been the subject of several analyst reports. Zacks Research upgraded shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. CJS Securities upgraded shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price target for the company in a report on Thursday, February 26th. Weiss Ratings restated a “buy (b)” rating on shares of Federal Signal in a report on Friday, May 22nd. Wall Street Zen upgraded shares of Federal Signal from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Finally, KeyCorp restated an “overweight” rating and set a $140.00 price target on shares of Federal Signal in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Federal Signal presently has an average rating of “Buy” and a consensus target price of $139.25.

Federal Signal Stock Performance

NYSE:FSS opened at $107.37 on Thursday. The company has a fifty day moving average of $113.29 and a 200-day moving average of $112.83. The firm has a market capitalization of $6.55 billion, a P/E ratio of 24.40, a P/E/G ratio of 1.54 and a beta of 1.26. 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 twelve month low of $96.75 and a twelve month high of $132.89.

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

Federal Signal Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were paid a $0.15 dividend. The ex-dividend date was Friday, May 15th. This represents a $0.60 annualized dividend and a dividend yield of 0.6%. Federal Signal’s payout ratio is currently 13.64%.

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.