Federal Signal Co. (NYSE:FSS) CEO Jennifer L. Sherman Acquires 1,250 Shares

Federal Signal Co. (NYSE:FSS) CEO Jennifer L. Sherman purchased 1,250 shares of Federal Signal stock in a transaction that occurred on Friday, February 28th. The stock was acquired at an average cost of $82.32 per share, with a total value of $102,900.00. Following the transaction, the chief executive officer now owns 559,183 shares in the company, valued at $46,031,944.56. This trade represents a 0.22 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Federal Signal Price Performance

Shares of NYSE:FSS opened at $81.04 on Thursday. The company has a current ratio of 2.83, a quick ratio of 1.36 and a debt-to-equity ratio of 0.19. The stock’s fifty day simple moving average is $94.20 and its two-hundred day simple moving average is $92.40. Federal Signal Co. has a 1-year low of $76.85 and a 1-year high of $102.18. The stock has a market cap of $4.95 billion, a PE ratio of 23.49, a price-to-earnings-growth ratio of 1.85 and a beta of 1.01.

Federal Signal (NYSE:FSS) last issued its quarterly earnings data on Wednesday, February 26th. The conglomerate reported $0.87 earnings per share for the quarter, meeting the consensus estimate of $0.87. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. The business had revenue of $472.00 million for the quarter, compared to analysts’ expectations of $481.90 million. As a group, analysts forecast that Federal Signal Co. will post 3.34 EPS for the current fiscal year.

Federal Signal Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, March 14th. This is a boost from Federal Signal’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 0.69%. Federal Signal’s dividend payout ratio (DPR) is 15.95%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. StockNews.com downgraded shares of Federal Signal from a “buy” rating to a “hold” rating in a research report on Saturday, March 1st. Raymond James reissued an “outperform” rating and issued a $110.00 price target on shares of Federal Signal in a research report on Tuesday, December 24th.

Hedge Funds Weigh In On Federal Signal

Several large investors have recently bought and sold shares of FSS. Quarry LP raised its stake in shares of Federal Signal by 73.5% during the 3rd quarter. Quarry LP now owns 432 shares of the conglomerate’s stock worth $40,000 after purchasing an additional 183 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of Federal Signal during the 3rd quarter worth $46,000. Signaturefd LLC raised its stake in shares of Federal Signal by 37.4% during the 4th quarter. Signaturefd LLC now owns 606 shares of the conglomerate’s stock worth $56,000 after purchasing an additional 165 shares during the period. Millburn Ridgefield Corp bought a new stake in shares of Federal Signal during the 3rd quarter worth $70,000. Finally, CoreCap Advisors LLC raised its stake in shares of Federal Signal by 19.9% during the 4th quarter. CoreCap Advisors LLC now owns 875 shares of the conglomerate’s stock worth $81,000 after purchasing an additional 145 shares during the period. 92.73% of the stock is currently owned by institutional investors.

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.