Janus Henderson Group PLC Has $4.69 Million Stock Position in Federal Signal Co. (NYSE:FSS)

Janus Henderson Group PLC boosted its holdings in shares of Federal Signal Co. (NYSE:FSS - Free Report) by 18.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,129 shares of the conglomerate's stock after buying an additional 7,891 shares during the period. Janus Henderson Group PLC owned about 0.08% of Federal Signal worth $4,686,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of FSS. SG Americas Securities LLC grew its stake in shares of Federal Signal by 615.7% in the 2nd quarter. SG Americas Securities LLC now owns 40,292 shares of the conglomerate's stock valued at $3,371,000 after purchasing an additional 34,662 shares during the period. Diversified Trust Co raised its stake in Federal Signal by 11.0% during the second quarter. Diversified Trust Co now owns 4,941 shares of the conglomerate's stock worth $413,000 after acquiring an additional 490 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in Federal Signal by 2.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 6,339 shares of the conglomerate's stock worth $530,000 after acquiring an additional 180 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Federal Signal by 4.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,996 shares of the conglomerate's stock valued at $251,000 after acquiring an additional 130 shares during the period. Finally, AlphaMark Advisors LLC acquired a new stake in shares of Federal Signal in the 2nd quarter valued at $320,000. Institutional investors and hedge funds own 92.73% of the company's stock.

Analyst Ratings Changes

Separately, DA Davidson dropped their target price on shares of Federal Signal from $94.00 to $90.00 and set a "neutral" rating for the company in a research report on Tuesday, November 5th.

Federal Signal Price Performance

Shares of NYSE:FSS traded down $0.02 during trading on Wednesday, reaching $97.37. The stock had a trading volume of 489,624 shares, compared to its average volume of 355,958. The stock has a market capitalization of $5.95 billion, a PE ratio of 28.22 and a beta of 0.99. Federal Signal Co. has a 52 week low of $71.29 and a 52 week high of $102.18. The business's 50-day moving average price is $91.49 and its 200 day moving average price is $90.41. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.83 and a quick ratio of 1.36.

Federal Signal (NYSE:FSS - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The conglomerate reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.04. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. The firm had revenue of $474.20 million during the quarter, compared to the consensus estimate of $481.71 million. During the same quarter in the previous year, the company posted $0.71 EPS. The business's revenue for the quarter was up 6.2% compared to the same quarter last year. As a group, equities analysts predict that Federal Signal Co. will post 3.34 earnings per share for the current year.

Federal Signal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Friday, November 15th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date was Friday, November 15th. Federal Signal's dividend payout ratio is currently 13.91%.

Federal Signal 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.