Central Pacific Bank Trust Division owns $182,000 in Federal Signal Co. (NYSE:FSS)

VaselineOctober 5, 2024

0 3 minutes read

Central Pacific Bank Trust Division grew its holdings in Federal Signal Co. (NYSE:FSS – Free Report) by 41.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,950 shares of the conglomerate’s stock after purchasing an additional 570 shares during the quarter. Central Pacific Bank Trust Division’s holdings in Federal Signal were worth $182,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have recently made changes to their positions in the business. Federated Hermes Inc. raised its position in Federal Signal by 0.6% in the second quarter. Federated Hermes Inc. now owns 20,311 shares of the conglomerate’s stock worth $1,699,000 after purchasing an additional 121 shares during the period. Envestnet Portfolio Solutions Inc. raised its position in Federal Signal by 4.5% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 2,996 shares of the conglomerate’s stock worth $251,000 after purchasing an additional 130 shares during the period. Parallel Advisors LLC boosted its holdings in Federal Signal by 28.1% in the fourth quarter. Parallel Advisors LLC now owns 638 shares of the conglomerate’s stock worth $49,000 after purchasing an additional 140 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Federal Signal by 34.6% in the first quarter. GAMMA Investing LLC now owns 662 shares of the conglomerate’s stock worth $56,000 after purchasing an additional 170 shares during the last quarter. Finally, Xponance Inc. boosted its holdings in Federal Signal by 4.9% during the second quarter. Xponance Inc. now owns 3,812 shares of the conglomerate’s stock worth $319,000 after buying an additional 178 shares during the last quarter. 92.73% of shares are currently owned by institutional investors and hedge funds.

Indoor activity

In other news, Director Brenda Reichelderfer sold 25,685 shares of Federal Signal stock in a transaction dated 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 owns 57,417 shares in the company, valued at approximately $5,339,206.83. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available on the SEC’s website. 3.10% of shares are currently owned by company insiders.

Federal Signal price performance

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Shares of FSS opened at $90.17 on Friday. The company has a current ratio of 2.89, a quick ratio of 1.35, and a debt-to-equity ratio of 0.23. Federal Signal Co. has a 1 year low of $57.05 and a 1 year high of $102.18. The stock has a market cap of $5.51 billion, a P/E ratio of 30.46 and a beta of 0.94. The stock’s 50-day moving average is $91.97, and its two-hundred-day moving average is $87.86.

Federal Signal (NYSE:FSS – Get Free Report ) last posted its earnings results on Thursday, July 25th. The conglomerate reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.11. Federal Signal had a return on equity of 18.31% and a net margin of 11.16%. The firm had revenue of $490.40 million for the quarter, compared to analysts’ expectations of $487.74 million. In the same quarter last year, the company earned $0.67 per share. The company’s revenue was up 10.8% compared to the same quarter last year. On average, equities analysts predict that Federal Signal Co. will post 3.24 earnings per share for the current year.

Federal Signal Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Shareholders of record on Friday, August 16th were given a dividend of $0.12 per share. This represents a dividend of $0.48 on an annualized basis and a yield of 0.53%. The ex-dividend date was Friday, August 16. Federal Signal’s dividend payout ratio (DPR) is currently 16.22%.

Federal signal profile

(Free report)

Federal Signal Corp. engages in the design and manufacture of integrated products and solutions for municipal, government, industrial and commercial customers. It operates through the segments of the Environmental Solutions Group and the Safety and Security Systems Group. The Environment Solutions Group segment is involved in the manufacturing and supply of street sweepers, drain cleaners, vacuum trucks, hydro-excavator trucks and water blasting equipment.