Algert Global LLC Acquires 65,081 Shares of Federal Signal Corporation $FSS

Algert Global LLC boosted its stake in Federal Signal Corporation (NYSE:FSS) by 167.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 103,833 shares of the conglomerate’s stock after purchasing an additional 65,081 shares during the quarter. Algert Global LLC owned about 0.17% of Federal Signal worth $12,355,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. State Street Corp increased its stake in Federal Signal by 0.4% in the second quarter. State Street Corp now owns 2,266,523 shares of the conglomerate’s stock valued at $241,203,000 after purchasing an additional 7,982 shares in the last quarter. Invesco Ltd. increased its position in shares of Federal Signal by 16.0% in the 3rd quarter. Invesco Ltd. now owns 1,967,348 shares of the conglomerate’s stock valued at $234,095,000 after buying an additional 271,878 shares in the last quarter. First Trust Advisors LP raised its stake in 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 during the period. Allianz Asset Management GmbH acquired a new stake in Federal Signal during the 3rd quarter worth $108,884,000. Finally, Norges Bank bought a new position in Federal Signal during the second quarter worth about $79,165,000. Institutional investors and hedge funds own 92.73% of the company’s stock.

Federal Signal Price Performance

NYSE FSS opened at $105.29 on Monday. The firm’s 50 day moving average is $114.49 and its 200-day moving average is $116.04. The company has a quick ratio of 1.35, a current ratio of 3.02 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $6.41 billion, a PE ratio of 26.26, a price-to-earnings-growth ratio of 1.60 and a beta of 1.32. Federal Signal Corporation has a 12-month low of $66.47 and a 12-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 for the quarter, beating analysts’ consensus estimates of $1.08 by $0.08. The business had revenue of $597.10 million during the quarter, compared to the consensus estimate of $551.36 million. Federal Signal had a net margin of 11.31% and a return on equity of 20.14%. The firm’s revenue for the quarter was up 26.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.87 earnings per share. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS. Equities research analysts anticipate that Federal Signal Corporation will post 3.34 earnings per share for the current fiscal year.

Federal Signal Increases Dividend

The business also recently declared 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 is a positive change from Federal Signal’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Friday, March 13th. This represents a $0.60 annualized dividend and a dividend yield of 0.6%. Federal Signal’s payout ratio is presently 14.96%.

Key Stories Impacting Federal Signal

Here are the key news stories impacting Federal Signal this week:

• Positive Sentiment: KeyCorp upgraded FSS to “Overweight” and set a $130 price target, signaling confidence in the company’s outlook and providing upside vs. the current price. Read More.
• Positive Sentiment: KeyCorp published detailed quarterly and full-year estimates (Q1–Q4 and FY), projecting FY2026 EPS of $4.84 and quarter-by-quarter EPS above market consensus — a fundamental bullish read that supports the higher price target. Read More.
• Positive Sentiment: Seaport Global initiated (or reiterated) a “Buy” on Federal Signal, adding a second institutional endorsement that could attract buyer interest if market sentiment stabilizes. Read More.
• Neutral Sentiment: KeyCorp published a FY2027 earnings forecast note for Federal Signal; forecasting alone is informative but not an immediate catalyst unless it materially changes guidance or target. Read More.

Wall Street Analysts Forecast Growth

FSS has been the subject of several recent analyst reports. Wall Street Zen downgraded Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Federal Signal in a report on Monday, December 29th. KeyCorp upgraded Federal Signal from a “sector weight” rating to an “overweight” rating and set a $130.00 price objective for the company in a research report on Tuesday, March 10th. Finally, CJS Securities upgraded shares of Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 target price on the stock in a report on Thursday, February 26th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Federal Signal currently has an average rating of “Moderate Buy” and an average price target of $131.75.

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.