Nordea Investment Management AB Takes Position in Federal Signal Corporation $FSS

Key Points

• Nordea Investment Management AB opened a new position in Federal Signal, buying 78,494 shares valued at about $8.59 million and owning roughly 0.13% of the company at quarter end.
• Strong quarter and raised outlook: Federal Signal beat estimates with $1.16 EPS and $597.1M revenue (up 26.5% year-over-year) and set FY2026 guidance of $4.50–$4.80 per share.
• High institutional ownership and positive analyst backdrop: Institutions hold about 92.73% of the stock, multiple large funds recently added stakes, analysts rate the stock a "Moderate Buy" with a $131.75 consensus target, and the company increased its quarterly dividend to $0.15.

Nordea Investment Management AB purchased a new position in shares of Federal Signal Corporation (NYSE:FSS - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 78,494 shares of the conglomerate's stock, valued at approximately $8,590,000. Nordea Investment Management AB owned 0.13% of Federal Signal at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wasatch Advisors LP purchased a new stake in shares of Federal Signal during the 3rd quarter valued at $174,476,000. Allianz Asset Management GmbH bought a new stake in shares of Federal Signal during the 3rd quarter worth $108,884,000. Norges Bank purchased a new position in shares of Federal Signal in the 2nd quarter worth about $79,165,000. First Trust Advisors LP boosted its holdings in shares of Federal Signal by 49.6% in 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 last quarter. Finally, Invesco Ltd. grew its position in Federal Signal by 16.0% during the third 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 during the period. Hedge funds and other institutional investors own 92.73% of the company's stock.

Wall Street Analyst Weigh In

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

Federal Signal Stock Down 0.8%

FSS stock opened at $111.31 on Thursday. The stock has a fifty day moving average of $113.29 and a 200-day moving average of $115.21. Federal Signal Corporation has a fifty-two week low of $66.47 and a fifty-two week high of $132.89. The company has a market capitalization of $6.78 billion, a price-to-earnings ratio of 27.76, a PEG ratio of 1.70 and a beta of 1.32. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.35 and a current ratio of 3.02.

Federal Signal (NYSE:FSS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The conglomerate reported $1.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.08 by $0.08. The business had revenue of $597.10 million for the quarter, compared to analysts' expectations of $551.36 million. Federal Signal had a return on equity of 20.14% and a net margin of 11.31%.The firm's quarterly revenue was up 26.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.87 EPS. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS. As a group, equities research analysts predict that Federal Signal Corporation will post 3.34 earnings per share for the current year.

Federal Signal Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Friday, March 13th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.5%. This is an increase from Federal Signal's previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Friday, March 13th. Federal Signal's payout ratio is presently 14.96%.

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.

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