Quantbot Technologies LP Makes New Investment in Federal Signal Corporation $FSS

Quantbot Technologies LP bought a new stake in shares of Federal Signal Corporation (NYSE:FSS) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 20,177 shares of the conglomerate’s stock, valued at approximately $2,401,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Allianz Asset Management GmbH bought a new stake in shares of Federal Signal in the third quarter worth $108,884,000. Norges Bank bought a new position in Federal Signal in the second quarter valued at about $79,165,000. First Trust Advisors LP lifted its holdings in Federal Signal by 49.6% in the second quarter. First Trust Advisors LP now owns 1,501,431 shares of the conglomerate’s stock valued at $159,782,000 after acquiring an additional 497,652 shares during the period. Greenvale Capital LLP purchased a new position in Federal Signal in the second quarter worth about $25,491,000. Finally, Assenagon Asset Management S.A. bought a new stake in shares of Federal Signal during the 3rd quarter valued at about $23,037,000. 92.73% of the stock is currently owned by hedge funds and other institutional investors.

Federal Signal Stock Down 1.2%

FSS stock opened at $118.12 on Wednesday. The business’s 50-day moving average price is $114.81 and its 200-day moving average price is $117.00. The stock has a market cap of $7.19 billion, a P/E ratio of 29.46, a PEG ratio of 1.83 and a beta of 1.32. The company has a quick ratio of 1.35, a current ratio of 3.02 and a debt-to-equity ratio of 0.41. Federal Signal Corporation has a twelve month low of $66.47 and a twelve month high of $132.89.

Federal Signal (NYSE:FSS) last released its earnings results on Wednesday, February 25th. The conglomerate reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.08 by $0.08. Federal Signal had a net margin of 11.31% and a return on equity of 20.14%. The company had revenue of $597.10 million during the quarter, compared to analyst estimates of $551.36 million. During the same period in the prior year, the firm posted $0.87 EPS. The firm’s quarterly revenue was up 26.5% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS. On average, equities research analysts forecast that Federal Signal Corporation will post 3.34 EPS for the current year.

Federal Signal Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Friday, March 13th will be paid a dividend of $0.15 per share. This is a positive change from Federal Signal’s previous quarterly dividend of $0.14. The ex-dividend date is Friday, March 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.5%. Federal Signal’s dividend payout ratio is presently 13.97%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Federal Signal in a research note on Monday, December 29th. Wall Street Zen cut shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday. Finally, CJS Securities upgraded shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price target on the stock in a research report on Thursday, February 26th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $126.75.

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.