Emerald Investment Advisers LLC Takes $8.28 Million Position in Federal Signal Corporation $FSS

Key Points

• Emerald Investment Advisers acquired 64,414 Federal Signal shares worth approximately $8.28 million, giving it a 0.11% stake. Institutional investors collectively own 92.73% of the company.
• Federal Signal reported quarterly EPS of $1.42, beating estimates of $1.29, while revenue rose 18.7% year over year to $670.2 million. The company issued fiscal 2026 EPS guidance of $5.12–$5.30.
• The company announced a quarterly dividend of $0.15 per share, equivalent to a 0.5% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $140.50, above the reported share price of $122.35.

Emerald Investment Advisers LLC bought a new stake in shares of Federal Signal Corporation (NYSE:FSS - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 64,414 shares of the conglomerate's stock, valued at approximately $8,277,000. Emerald Investment Advisers LLC owned 0.11% of Federal Signal at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Physician Wealth Advisors Inc. lifted its position in Federal Signal by 57.2% in the first quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate's stock valued at $27,000 after purchasing an additional 91 shares during the last quarter. New Age Alpha Advisors LLC grew its holdings in shares of Federal Signal by 3.4% in the fourth quarter. New Age Alpha Advisors LLC now owns 2,895 shares of the conglomerate's stock worth $314,000 after purchasing an additional 95 shares during the last quarter. Canada Pension Plan Investment Board grew its holdings in shares of Federal Signal by 10.0% in the second quarter. Canada Pension Plan Investment Board now owns 1,100 shares of the conglomerate's stock worth $117,000 after purchasing an additional 100 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Federal Signal by 9.5% in the second quarter. Smartleaf Asset Management LLC now owns 1,245 shares of the conglomerate's stock worth $130,000 after buying an additional 108 shares during the period. Finally, UMB Bank n.a. increased its stake in shares of Federal Signal by 50.5% in the fourth quarter. UMB Bank n.a. now owns 331 shares of the conglomerate's stock worth $36,000 after buying an additional 111 shares during the period. 92.73% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Diane Bonina sold 14,856 shares of the business's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $130.44, for a total transaction of $1,937,816.64. Following the transaction, the vice president owned 15,689 shares in the company, valued at $2,046,473.16. The trade was a 48.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.30% of the stock is owned by corporate insiders.

Federal Signal Price Performance

Shares of Federal Signal stock opened at $122.35 on Friday. The company has a market cap of $7.47 billion, a PE ratio of 26.37, a P/E/G ratio of 1.67 and a beta of 1.24. The business has a 50 day moving average of $122.07 and a 200 day moving average of $116.21. Federal Signal Corporation has a 52 week low of $101.18 and a 52 week high of $134.51. The company has a quick ratio of 1.21, a current ratio of 2.74 and a debt-to-equity ratio of 0.30.

Federal Signal (NYSE:FSS - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The conglomerate reported $1.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.29 by $0.13. Federal Signal had a net margin of 11.66% and a return on equity of 21.36%. The business had revenue of $670.20 million for the quarter, compared to the consensus estimate of $667.04 million. During the same period in the previous year, the firm earned $1.17 EPS. The company's quarterly revenue was up 18.7% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. As a group, equities research analysts forecast that Federal Signal Corporation will post 5.23 earnings per share for the current year.

Federal Signal Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.5%. Federal Signal's payout ratio is presently 12.93%.

Wall Street Analyst Weigh In

FSS has been the subject of several analyst reports. Wall Street Zen cut shares of Federal Signal from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Zacks Research cut shares of Federal Signal from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 12th. KeyCorp reaffirmed an "overweight" rating and set a $140.00 price objective on shares of Federal Signal in a research note on Thursday, April 30th. DA Davidson increased their target price on shares of Federal Signal from $125.00 to $132.00 and gave the stock a "neutral" rating in a report on Friday, May 1st. Finally, Weiss Ratings raised Federal Signal from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus 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.

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