Xponance Inc. Has $319,000 Stock Position in Federal Signal Co. (NYSE:FSS)

Xponance Inc. raised its holdings in Federal Signal Co. (NYSE:FSS) by 4.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 3,812 shares of the conglomerate’s stock after acquiring an additional 178 shares during the quarter. Xponance Inc.’s holdings in Federal Signal were worth $319,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Healthcare of Ontario Pension Plan Trust Fund increased its position in Federal Signal by 150.0% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 30,000 shares of the conglomerate’s stock valued at $2,546,000 after acquiring an additional 18,000 shares during the period. UniSuper Management Pty Ltd acquired a new position in Federal Signal in the 1st quarter valued at approximately $919,000. Susquehanna Fundamental Investments LLC acquired a new stake in shares of Federal Signal during the first quarter worth $917,000. Goldman Sachs Group Inc. increased its position in shares of Federal Signal by 8.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 414,474 shares of the conglomerate’s stock worth $31,807,000 after buying an additional 32,227 shares during the period. Finally, First Trust Advisors LP increased its position in shares of Federal Signal by 23.2% during the fourth quarter. First Trust Advisors LP now owns 432,897 shares of the conglomerate’s stock worth $33,221,000 after buying an additional 81,622 shares during the period. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Brenda Reichelderfer sold 25,685 shares of the stock in a transaction on Friday, August 30th. The shares were sold at an average price of $92.99, for a total transaction of $2,388,448.15. Following the transaction, the director now directly owns 57,417 shares of the company’s stock, valued at $5,339,206.83. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 3.10% of the stock is owned by insiders.

Federal Signal Trading Down 0.8 %

FSS opened at $92.70 on Wednesday. Federal Signal Co. has a twelve month low of $57.05 and a twelve month high of $102.18. The company has a quick ratio of 1.35, a current ratio of 2.89 and a debt-to-equity ratio of 0.23. The company has a fifty day moving average of $92.22 and a 200-day moving average of $87.71. The stock has a market cap of $5.67 billion, a PE ratio of 31.32 and a beta of 0.94.

Federal Signal (NYSE:FSS) last posted its quarterly earnings data on Thursday, July 25th. The conglomerate reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.11. Federal Signal had a net margin of 11.16% and a return on equity of 18.31%. The company had revenue of $490.40 million during the quarter, compared to analysts’ expectations of $487.74 million. During the same period in the prior year, the company posted $0.67 earnings per share. Federal Signal’s revenue for the quarter was up 10.8% compared to the same quarter last year. On average, sell-side analysts predict that Federal Signal Co. will post 3.24 EPS for the current year.

Federal Signal Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.52%. The ex-dividend date was Friday, August 16th. Federal Signal’s dividend payout ratio is presently 16.22%.

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.