Quantbot Technologies LP Takes Position in Federal Signal Corporation $FSS

Quantbot Technologies LP bought a new stake in Federal Signal Corporation (NYSE:FSS) in the 2nd quarter, Holdings Channel reports. The fund bought 10,158 shares of the conglomerate’s stock, valued at approximately $1,305,000.

Other large investors have also added to or reduced their stakes in the company. Emerald Investment Advisers LLC purchased a new stake in Federal Signal during the 2nd quarter worth $8,277,000. Landscape Capital Management L.L.C. purchased a new position in Federal Signal in the 2nd quarter valued at about $1,314,000. Callan Family Office LLC acquired a new stake in shares of Federal Signal during the second quarter valued at about $300,000. Keebeck Wealth Management purchased a new stake in shares of Federal Signal during the second quarter worth about $436,000. Finally, Allworth Financial LP acquired a new position in shares of Federal Signal in the second quarter worth about $33,000. 92.73% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, VP Diane Bonina sold 14,856 shares of Federal Signal stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $130.44, for a total value of $1,937,816.64. Following the transaction, the vice president owned 15,689 shares of the company’s stock, valued at $2,046,473.16. The trade was a 48.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 3.30% of the company’s stock.

Federal Signal Stock Up 0.7%

Federal Signal stock opened at $120.59 on Wednesday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.21 and a current ratio of 2.74. Federal Signal Corporation has a one year low of $101.18 and a one year high of $134.51. The company has a 50-day simple moving average of $122.41 and a 200-day simple moving average of $116.38. The firm has a market capitalization of $7.36 billion, a P/E ratio of 25.99, a P/E/G ratio of 1.64 and a beta of 1.24.

Federal Signal (NYSE:FSS) last issued its quarterly earnings data on Thursday, July 30th. The conglomerate reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.29 by $0.13. Federal Signal had a return on equity of 21.36% and a net margin of 11.66%.The business had revenue of $670.20 million during the quarter, compared to the consensus estimate of $667.04 million. During the same period in the previous year, the firm posted $1.17 earnings per share. The business’s revenue was up 18.7% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. As a group, equities analysts expect that Federal Signal Corporation will post 5.23 earnings per share for the current year.

Federal Signal Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Friday, August 14th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Friday, August 14th. Federal Signal’s payout ratio is presently 12.93%.

Analysts Set New Price Targets

Several research firms have issued reports on FSS. Zacks Research downgraded Federal Signal from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. Wall Street Zen cut Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Weiss Ratings raised shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. DA Davidson lifted their price target on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, KeyCorp reaffirmed an “overweight” rating and issued a $140.00 price target on shares of Federal Signal in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $140.50.

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.