Aquatic Capital Management LLC Buys Shares of 50,660 Federal Signal Corporation $FSS

Aquatic Capital Management LLC purchased a new position in Federal Signal Corporation (NYSE:FSSFree Report) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 50,660 shares of the conglomerate’s stock, valued at approximately $6,028,000. Aquatic Capital Management LLC owned about 0.08% of Federal Signal at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in FSS. CW Advisors LLC bought a new stake in shares of Federal Signal during the 2nd quarter worth $6,426,000. Y Intercept Hong Kong Ltd acquired a new position in Federal Signal in the 3rd quarter valued at $3,745,000. Dynamic Technology Lab Private Ltd bought a new position in Federal Signal in the 3rd quarter worth $2,124,000. Entropy Technologies LP bought a new position in Federal Signal in the 2nd quarter worth $1,385,000. Finally, Bahl & Gaynor Inc. lifted its position in Federal Signal by 3.1% during the 2nd quarter. Bahl & Gaynor Inc. now owns 85,232 shares of the conglomerate’s stock worth $9,070,000 after acquiring an additional 2,569 shares during the last quarter. Institutional investors own 92.73% of the company’s stock.

Federal Signal Price Performance

Shares of Federal Signal stock opened at $107.04 on Tuesday. The firm’s 50-day moving average price is $114.36 and its two-hundred day moving average price is $115.90. Federal Signal Corporation has a 1-year low of $66.47 and a 1-year high of $132.89. The stock has a market capitalization of $6.52 billion, a price-to-earnings ratio of 26.69, a P/E/G ratio of 1.60 and a beta of 1.32. The company has a current ratio of 3.02, a quick ratio of 1.35 and a debt-to-equity ratio of 0.41.

Federal Signal (NYSE:FSSGet Free Report) last issued its quarterly earnings data 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. Federal Signal had a return on equity of 20.14% and a net margin of 11.31%.The firm had revenue of $597.10 million during the quarter, compared to the consensus estimate of $551.36 million. During the same quarter in the previous year, the company posted $0.87 EPS. The business’s revenue for the quarter was up 26.5% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS. On average, equities analysts predict that Federal Signal Corporation will post 3.34 earnings per share for the current fiscal year.

Federal Signal Increases Dividend

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

Wall Street Analysts Forecast Growth

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

Read Our Latest Analysis on Federal Signal

Federal Signal Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Federal Signal (NYSE:FSS)

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