Tudor Investment Corp ET AL Has $31.57 Million Stock Position in Federal Signal Corporation $FSS

Tudor Investment Corp ET AL increased its position in shares of Federal Signal Corporation (NYSE:FSS) by 200.0% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 265,308 shares of the conglomerate’s stock after acquiring an additional 176,870 shares during the period. Tudor Investment Corp ET AL owned about 0.44% of Federal Signal worth $31,569,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Wasatch Advisors LP acquired a new stake in Federal Signal in the third quarter valued at $174,476,000. Allianz Asset Management GmbH bought a new position in Federal Signal in the 3rd quarter valued at about $108,884,000. Norges Bank bought a new position in Federal Signal during the 2nd quarter valued at $79,165,000. First Trust Advisors LP lifted its position in shares of Federal Signal by 49.6% during the 2nd quarter. First Trust Advisors LP now owns 1,501,431 shares of the conglomerate’s stock worth $159,782,000 after buying an additional 497,652 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Federal Signal by 16.0% during the third quarter. Invesco Ltd. now owns 1,967,348 shares of the conglomerate’s stock valued at $234,095,000 after acquiring an additional 271,878 shares during the last quarter. 92.73% of the stock is owned by institutional investors.

Federal Signal Price Performance

FSS stock opened at $105.50 on Friday. Federal Signal Corporation has a 12-month low of $66.47 and a 12-month high of $132.89. The company has a current ratio of 3.02, a quick ratio of 1.35 and a debt-to-equity ratio of 0.41. The firm’s 50-day moving average price is $113.88 and its two-hundred day moving average price is $115.65. The stock has a market capitalization of $6.42 billion, a price-to-earnings ratio of 26.31, a PEG ratio of 1.62 and a beta of 1.32.

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

Federal Signal Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Friday, March 13th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from Federal Signal’s previous quarterly dividend of $0.14. Federal Signal’s payout ratio is presently 14.96%.

Analysts Set New Price Targets

A number of research firms have weighed in on FSS. Wall Street Zen cut shares of Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. CJS Securities upgraded shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price target for the company in a research report on Thursday, February 26th. KeyCorp raised shares of Federal Signal from a “sector weight” rating to an “overweight” rating and set a $130.00 target price on the stock in a research note on Tuesday, March 10th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Federal Signal in a research note on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $131.75.

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.