339,342 Shares in Federal Signal Corporation $FSS Purchased by Jupiter Topco LLC

Jupiter Topco LLC bought a new stake in shares of Federal Signal Corporation (NYSE:FSS) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 339,342 shares of the conglomerate’s stock, valued at approximately $43,562,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First Trust Advisors LP boosted its position in shares of Federal Signal by 12.0% in the first quarter. First Trust Advisors LP now owns 1,161,865 shares of the conglomerate’s stock valued at $125,644,000 after acquiring an additional 124,270 shares during the period. Geode Capital Management LLC grew its stake in shares of Federal Signal by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 1,725,757 shares of the conglomerate’s stock worth $187,427,000 after acquiring an additional 18,587 shares during the last quarter. Montanaro Asset Management Ltd increased its position in Federal Signal by 65.9% during the fourth quarter. Montanaro Asset Management Ltd now owns 68,500 shares of the conglomerate’s stock worth $7,438,000 after acquiring an additional 27,200 shares during the period. Deutsche Bank AG bought a new position in Federal Signal during the second quarter worth $9,602,000. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in Federal Signal during the 1st quarter valued at $57,749,000. Institutional investors and hedge funds own 92.73% of the company’s stock.

Federal Signal Trading Down 1.2%

Shares of Federal Signal stock opened at $120.08 on Friday. Federal Signal Corporation has a 52-week low of $101.18 and a 52-week high of $134.51. The firm has a market capitalization of $7.33 billion, a PE ratio of 25.88, a price-to-earnings-growth ratio of 1.66 and a beta of 1.24. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.74 and a quick ratio of 1.21. The company’s fifty day moving average price is $122.58 and its two-hundred day moving average price is $116.46.

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

Federal Signal Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Friday, August 14th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Friday, August 14th. Federal Signal’s dividend payout ratio is currently 12.93%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Weiss Ratings raised shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. DA Davidson boosted their price objective on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Zacks Research lowered shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Citigroup initiated coverage on shares of Federal Signal in a research note on Monday, August 17th. They issued a “buy” rating and a $150.00 target price for the company. Finally, KeyCorp reissued an “overweight” rating and set a $140.00 target price on shares of Federal Signal in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $140.50.

Insider Buying and Selling at Federal Signal

In other news, VP Diane Bonina sold 14,856 shares of the stock in a transaction that occurred 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 directly owned 15,689 shares of the company’s stock, valued at approximately $2,046,473.16. This represents a 48.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 3.30% of the company’s stock.

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.