Susquehanna Fundamental Investments LLC Purchases 20,120 Shares of Federal Signal Co. (NYSE:FSS)

Susquehanna Fundamental Investments LLC boosted its holdings in shares of Federal Signal Co. (NYSE:FSS) by 186.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,930 shares of the conglomerate’s stock after acquiring an additional 20,120 shares during the period. Susquehanna Fundamental Investments LLC owned about 0.05% of Federal Signal worth $2,588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Parallel Advisors LLC boosted its stake in shares of Federal Signal by 28.1% during the fourth quarter. Parallel Advisors LLC now owns 638 shares of the conglomerate’s stock valued at $49,000 after purchasing an additional 140 shares in the last quarter. GAMMA Investing LLC boosted its position in Federal Signal by 34.6% during the 1st quarter. GAMMA Investing LLC now owns 662 shares of the conglomerate’s stock valued at $56,000 after acquiring an additional 170 shares in the last quarter. Point72 DIFC Ltd purchased a new position in shares of Federal Signal in the 2nd quarter valued at $62,000. Covestor Ltd raised its position in shares of Federal Signal by 223.6% in the 1st quarter. Covestor Ltd now owns 893 shares of the conglomerate’s stock worth $76,000 after acquiring an additional 617 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Federal Signal during the 2nd quarter worth $84,000. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Insider Transactions at Federal Signal

In related news, Director Brenda Reichelderfer sold 25,685 shares of the company’s stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $92.99, for a total transaction of $2,388,448.15. Following the transaction, the director now directly owns 57,417 shares of the company’s stock, valued at approximately $5,339,206.83. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 3.10% of the company’s stock.

Federal Signal Price Performance

FSS opened at $93.46 on Tuesday. The firm has a market capitalization of $5.72 billion, a PE ratio of 31.57 and a beta of 0.94. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.89 and a quick ratio of 1.35. The business’s 50-day moving average is $92.27 and its two-hundred day moving average is $87.60. Federal Signal Co. has a 1 year low of $57.05 and a 1 year high of $102.18.

Federal Signal (NYSE:FSS) last issued its quarterly earnings data on Thursday, July 25th. The conglomerate reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $0.11. Federal Signal had a net margin of 11.16% and a return on equity of 18.31%. The firm had revenue of $490.40 million for the quarter, compared to the consensus estimate of $487.74 million. During the same quarter in the previous year, the firm earned $0.67 EPS. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. Research analysts anticipate that Federal Signal Co. will post 3.24 earnings per share for the current fiscal year.

Federal Signal Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 16th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, August 16th. This represents a $0.48 annualized dividend and a dividend yield of 0.51%. Federal Signal’s dividend payout ratio is presently 16.22%.

Federal Signal Profile

Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.