Grandeur Peak Global Advisors LLC Invests $5.62 Million in Federal Signal Corporation $FSS

Grandeur Peak Global Advisors LLC bought a new position in Federal Signal Corporation (NYSE:FSS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 43,766 shares of the conglomerate’s stock, valued at approximately $5,623,000. Federal Signal comprises approximately 1.1% of Grandeur Peak Global Advisors LLC’s portfolio, making the stock its 18th largest position. Grandeur Peak Global Advisors LLC owned approximately 0.07% of Federal Signal as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. First Trust Advisors LP grew its position in Federal Signal by 12.0% during 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 raised its holdings in shares of Federal Signal by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 1,725,757 shares of the conglomerate’s stock worth $187,427,000 after purchasing an additional 18,587 shares during the period. Montanaro Asset Management Ltd raised its holdings in shares of Federal Signal by 65.9% in the 4th quarter. Montanaro Asset Management Ltd now owns 68,500 shares of the conglomerate’s stock worth $7,438,000 after purchasing an additional 27,200 shares during the period. Deutsche Bank AG acquired a new position in shares of Federal Signal in the 2nd quarter valued at about $9,602,000. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in shares of Federal Signal in the 1st quarter valued at about $57,749,000. Institutional investors and hedge funds own 92.73% of the company’s stock.

Federal Signal Price Performance

Shares of NYSE FSS opened at $120.08 on Friday. 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 firm has a market capitalization of $7.33 billion, a PE ratio of 25.88, a P/E/G ratio of 1.66 and a beta of 1.24. Federal Signal Corporation has a 1-year low of $101.18 and a 1-year high of $134.51. The business’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 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.13. The business had revenue of $670.20 million for the quarter, compared to analysts’ expectations of $667.04 million. Federal Signal had a net margin of 11.66% and a return on equity of 21.36%. The company’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.17 EPS. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. On average, research analysts expect that Federal Signal Corporation will post 5.23 EPS for the current year.

Federal Signal Dividend Announcement

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

Insider Transactions at Federal Signal

In related 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 $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 available through the SEC website. 3.30% of the stock is owned by company insiders.

Analysts Set New Price Targets

FSS has been the subject of a number of research analyst reports. Zacks Research downgraded shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 12th. Citigroup began coverage on Federal Signal in a research report on Monday, August 17th. They issued a “buy” rating and a $150.00 target price on the stock. Wall Street Zen cut shares of Federal Signal from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. DA Davidson raised their price target 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, KeyCorp reaffirmed an “overweight” rating and issued a $140.00 price target on shares of Federal Signal in a 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 company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $140.50.

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.