Quantinno Capital Management LP Increases Position in Federal Signal Corporation $FSS

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

A number of other institutional investors have also bought and sold shares of the business. Physician Wealth Advisors Inc. boosted its holdings in shares of Federal Signal by 57.2% during the 1st quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock worth $27,000 after purchasing an additional 91 shares during the last quarter. New Age Alpha Advisors LLC increased its holdings in shares of Federal Signal by 3.4% in the fourth quarter. New Age Alpha Advisors LLC now owns 2,895 shares of the conglomerate’s stock valued at $314,000 after purchasing an additional 95 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings in shares of Federal Signal by 10.0% in the second quarter. Canada Pension Plan Investment Board now owns 1,100 shares of the conglomerate’s stock valued at $117,000 after purchasing an additional 100 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Federal Signal by 9.5% during the second quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the conglomerate’s stock worth $130,000 after buying an additional 108 shares in the last quarter. Finally, UMB Bank n.a. boosted its stake in Federal Signal by 50.5% during the fourth quarter. UMB Bank n.a. now owns 331 shares of the conglomerate’s stock worth $36,000 after buying an additional 111 shares during the last quarter. 92.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on FSS. KeyCorp restated an “overweight” rating and issued a $140.00 target price on shares of Federal Signal in a report on Thursday, April 30th. Zacks Research raised shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. 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 raised their price objective on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, Wall Street Zen downgraded shares of Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $137.33.

Insider Activity at Federal Signal

In other news, VP Diane Bonina sold 14,856 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were 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 trade 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 the SEC website. Insiders own 3.30% of the company’s stock.

Federal Signal Trading Down 1.6%

Shares of NYSE FSS 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. The stock has a market capitalization of $7.73 billion, a PE ratio of 27.30, a PEG ratio of 1.76 and a beta of 1.24. Federal Signal Corporation has a twelve month low of $101.18 and a twelve month high of $134.51. The stock has a fifty day simple moving average of $120.02 and a 200-day simple moving average of $115.63.

Federal Signal (NYSE:FSS) last posted its earnings results 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 firm had revenue of $670.20 million for the quarter, compared to analyst estimates of $667.04 million. During the same quarter in the prior year, the company earned $1.17 EPS. Federal Signal’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. On average, equities analysts forecast 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 will be paid on Thursday, August 27th. Stockholders 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 of this dividend is Friday, August 14th. Federal Signal’s dividend payout ratio is currently 12.93%.

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.