Federal Signal Corporation $FSS Stock Holdings Decreased by Squarepoint Ops LLC

Squarepoint Ops LLC lessened its stake in Federal Signal Corporation (NYSE:FSS) by 19.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 176,318 shares of the conglomerate’s stock after selling 41,327 shares during the quarter. Squarepoint Ops LLC owned approximately 0.29% of Federal Signal worth $22,655,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Baird Financial Group Inc. increased its holdings in Federal Signal by 213.8% in the second quarter. Baird Financial Group Inc. now owns 95,021 shares of the conglomerate’s stock valued at $12,209,000 after buying an additional 64,737 shares during the last quarter. Nykredit A S bought a new position in Federal Signal during the 2nd quarter worth approximately $272,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Federal Signal during the 2nd quarter worth approximately $2,660,000. California State Teachers Retirement System grew its position in shares of Federal Signal by 13,113.4% in the 2nd quarter. California State Teachers Retirement System now owns 8,824,308 shares of the conglomerate’s stock worth $1,133,835,000 after acquiring an additional 8,757,525 shares in the last quarter. Finally, Compass Financial Management LLC acquired a new position in shares of Federal Signal in the 2nd quarter worth approximately $51,000. Institutional investors own 92.73% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Zacks Research lowered Federal Signal from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Citigroup assumed coverage on shares of Federal Signal in a report on Monday, August 17th. They issued a “buy” rating and a $150.00 price objective for the company. Weiss Ratings upgraded shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, June 23rd. Finally, Wall Street Zen cut shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $140.50.

Insider Transactions at Federal Signal

In other news, VP Diane Bonina sold 14,856 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $130.44, for a total value of $1,937,816.64. Following the completion of the transaction, the vice president owned 15,689 shares of the company’s stock, valued at approximately $2,046,473.16. This represents a 48.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 3.30% of the company’s stock.

Federal Signal Price Performance

Shares of NYSE:FSS opened at $118.44 on Wednesday. The firm’s 50 day moving average is $121.67 and its two-hundred day moving average is $116.37. The firm has a market capitalization of $7.23 billion, a P/E ratio of 25.52, a PEG ratio of 1.63 and a beta of 1.23. The company has a current ratio of 2.74, a quick ratio of 1.21 and a debt-to-equity ratio of 0.30. Federal Signal Corporation has a 52 week low of $101.18 and a 52 week high of $134.51.

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. Analysts anticipate that Federal Signal Corporation will post 5.23 earnings per share for the current year.

Federal Signal Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Friday, August 14th were given 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 was Friday, August 14th. Federal Signal’s payout ratio is 12.93%.

About Federal Signal

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.