Quantinno Capital Management LP Grows Stock Holdings in Federal Signal Corporation $FSS

Quantinno Capital Management LP increased its holdings in shares of Federal Signal Corporation (NYSE:FSS) by 63.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,819 shares of the conglomerate’s stock after purchasing an additional 5,768 shares during the period. Quantinno Capital Management LP’s holdings in Federal Signal were worth $1,603,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in FSS. Wasatch Advisors LP purchased a new position in shares of Federal Signal during the 3rd quarter valued at about $174,476,000. Norges Bank purchased a new position in Federal Signal during the fourth quarter valued at approximately $98,257,000. Vaughan Nelson Investment Management L.P. acquired a new position in Federal Signal in the first quarter valued at approximately $57,749,000. Invesco Ltd. boosted its position in Federal Signal by 16.0% in the 3rd quarter. Invesco Ltd. now owns 1,967,348 shares of the conglomerate’s stock worth $234,095,000 after purchasing an additional 271,878 shares in the last quarter. Finally, UBS Group AG grew its stake in shares of Federal Signal by 77.0% during the 3rd quarter. UBS Group AG now owns 609,582 shares of the conglomerate’s stock worth $72,534,000 after purchasing an additional 265,145 shares during the period. 92.73% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 3.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Zacks Research raised shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. KeyCorp reissued an “overweight” rating and set a $140.00 target price on shares of Federal Signal in a research note on Thursday, April 30th. Wall Street Zen cut Federal Signal from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings raised Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Finally, DA Davidson increased their price target on Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $137.33.

Federal Signal Trading Down 1.6%

Shares of Federal Signal stock opened at $126.69 on Thursday. 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 twelve month low of $101.18 and a twelve month high of $134.51. The firm has a market capitalization of $7.73 billion, a PE ratio of 27.30, a P/E/G ratio of 1.76 and a beta of 1.24. The firm’s 50-day moving average price is $120.02 and its 200 day moving average price is $115.63.

Federal Signal (NYSE:FSS) last posted its quarterly earnings data on Thursday, July 30th. The conglomerate reported $1.42 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 company had revenue of $670.20 million during the quarter, compared to analyst estimates of $667.04 million. During the same period in the previous year, the business earned $1.17 EPS. Federal Signal’s quarterly 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. On average, sell-side analysts predict that Federal Signal Corporation will post 5.23 EPS for the current fiscal year.

Federal Signal Dividend Announcement

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

Federal Signal Company 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.