Global Alpha Capital Management Ltd. Sells 30,609 Shares of Federal Signal Corporation $FSS

Global Alpha Capital Management Ltd. cut its position in shares of Federal Signal Corporation (NYSE:FSS) by 6.6% during the 4th quarter, Holdings Channel reports. The firm owned 436,004 shares of the conglomerate’s stock after selling 30,609 shares during the period. Federal Signal comprises 2.9% of Global Alpha Capital Management Ltd.’s investment portfolio, making the stock its 8th largest position. Global Alpha Capital Management Ltd.’s holdings in Federal Signal were worth $47,346,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its position 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 period. Caitong International Asset Management Co. Ltd increased its position in shares of Federal Signal by 3,100.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 248 shares during the period. Covestor Ltd increased its position in shares of Federal Signal by 118.0% during the 4th quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock valued at $30,000 after purchasing an additional 151 shares during the period. Danske Bank A S acquired a new position in shares of Federal Signal during the 3rd quarter valued at $48,000. Finally, Globeflex Capital L P increased its position in shares of Federal Signal by 8,618.2% during the 2nd quarter. Globeflex Capital L P now owns 959 shares of the conglomerate’s stock valued at $102,000 after purchasing an additional 948 shares during the period. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently issued reports on FSS. Weiss Ratings cut Federal Signal from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday. CJS Securities upgraded Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price target on the stock in a research report on Thursday, February 26th. DA Davidson lifted their price target on Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. KeyCorp reiterated an “overweight” rating and set a $140.00 price target on shares of Federal Signal in a research report on Thursday, April 30th. Finally, Zacks Research upgraded Federal Signal from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $139.25.

Federal Signal Stock Performance

Shares of NYSE FSS opened at $106.55 on Friday. The company has a quick ratio of 1.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $6.50 billion, a price-to-earnings ratio of 24.22, a PEG ratio of 1.54 and a beta of 1.26. The stock’s fifty day simple moving average is $113.11 and its 200 day simple moving average is $112.78. Federal Signal Corporation has a 52-week low of $97.25 and a 52-week high of $132.89.

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

Federal Signal Dividend Announcement

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

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.