Concurrent Investment Advisors LLC Acquires New Holdings in Federal Signal Corporation $FSS

Key Points

• Concurrent Investment Advisors LLC acquired a new stake in Federal Signal (NYSE:FSS) of 11,447 shares valued at approximately $1.243 million during Q4, according to its latest 13F filing.
• Federal Signal beat Q1 estimates with $1.18 EPS vs. $0.89 consensus and $625.6M revenue (+35% YoY), and management raised FY‑2026 adjusted EPS guidance to $4.80–$5.05 while lifting its SSG EBITDA margin target to 22%–28%, which drove a notable stock rally.
• Institutional ownership stands at 92.73%; the company has a market cap of $7.51B, a P/E around 28, and declared a $0.15 quarterly dividend (annualized $0.60, ~0.5% yield).

Concurrent Investment Advisors LLC acquired a new stake in shares of Federal Signal Corporation (NYSE:FSS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 11,447 shares of the conglomerate's stock, valued at approximately $1,243,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC raised its stake in shares of Federal Signal by 140.6% during the second quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate's stock valued at $26,000 after purchasing an additional 142 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its position in Federal Signal by 3,100.0% in the third quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate's stock worth $30,000 after acquiring an additional 248 shares in the last quarter. CoreCap Advisors LLC raised its position in Federal Signal by 50.0% in the third quarter. CoreCap Advisors LLC now owns 300 shares of the conglomerate's stock worth $36,000 after acquiring an additional 100 shares in the last quarter. Salomon & Ludwin LLC bought a new stake in Federal Signal in the third quarter worth about $39,000. Finally, Danske Bank A S bought a new stake in Federal Signal in the third quarter worth about $48,000. 92.73% of the stock is currently owned by institutional investors.

Trending Headlines about Federal Signal

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

• Positive Sentiment: Q1 beat — FSS posted $1.18 EPS vs. a $0.89 consensus and revenue of $625.6M (up 35% YoY), signaling solid demand and margin expansion. Federal Signal (FSS) Q1 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Raised FY‑2026 guidance — management lifted adjusted EPS guidance to $4.80–$5.05 (above consensus) and increased the SSG EBITDA margin target to 22%–28%, providing an explicit profit‑margin upside path. Federal Signal raises 2026 adjusted EPS outlook to $4.80-$5.05 while lifting SSG margin target to 22%-28%
• Positive Sentiment: Operational strength & cash flow — the company reported a ~52% improvement in operating income, strong cash generation and higher EBITDA margin targets, which supports deleveraging and reinvestment optionality. Federal Signal Reports First Quarter Results
• Positive Sentiment: Market reaction — press coverage and premarket commentary highlighted the beat and guidance lift, driving a notable intraday rally. Federal Signal Shares Rally Premarket After 2026 Guidance Lifted
• Neutral Sentiment: Investor materials available — management provided a slide deck and hosted a conference call (useful for color on order trends, backlog and margin cadence). Listen to Conference Call / View Slide Deck
• Negative Sentiment: Valuation and execution risk — FSS now trades at a higher multiple (P/E ~26) and the upside depends on realizing the elevated SSG margins and sustaining revenue growth; monitor margin execution, backlog conversion and cyclical demand.

Wall Street Analyst Weigh In

FSS has been the topic of several research reports. Wall Street Zen cut shares of Federal Signal from a "buy" rating to a "hold" rating in a research report on Saturday, February 28th. CJS Securities upgraded shares of Federal Signal from a "market perform" rating to a "market outperform" rating and set a $140.00 price target on the stock in a research report on Thursday, February 26th. Finally, KeyCorp reiterated an "overweight" rating and issued a $140.00 price target on shares of Federal Signal in a research report on Thursday. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Federal Signal currently has a consensus rating of "Moderate Buy" and a consensus target price of $134.25.

Federal Signal Price Performance

Shares of Federal Signal stock opened at $123.27 on Friday. The company has a current ratio of 2.84, a quick ratio of 1.35 and a debt-to-equity ratio of 0.38. The company's 50-day moving average price is $112.42 and its two-hundred day moving average price is $113.58. Federal Signal Corporation has a 52 week low of $80.79 and a 52 week high of $132.89. The stock has a market cap of $7.51 billion, a PE ratio of 28.02, a price-to-earnings-growth ratio of 1.84 and a beta of 1.33.

Federal Signal (NYSE:FSS - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.29. The firm had revenue of $625.60 million for the quarter, compared to analysts' expectations of $579.87 million. Federal Signal had a return on equity of 21.18% and a net margin of 11.56%.Federal Signal's revenue was up 35.0% on a year-over-year basis. During the same quarter last year, the business posted $0.76 EPS. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. As a group, sell-side analysts anticipate that Federal Signal Corporation will post 4.71 EPS for the current fiscal year.

Federal Signal Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $0.60 dividend on an annualized basis and a yield of 0.5%. Federal Signal's dividend payout ratio (DPR) is currently 13.64%.

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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