Empowered Funds LLC Makes New Investment in Federal Signal Corporation $FSS

Key Points

• Empowered Funds LLC initiated a Federal Signal position of 30,054 shares worth approximately $3.86 million, while institutional investors collectively own 92.73% of the company.
• Federal Signal exceeded quarterly expectations, reporting $1.42 in EPS versus $1.29 forecast and $670.2 million in revenue, up 18.7% year over year. Management guided to fiscal 2026 EPS of $5.12–$5.30.
• Analyst sentiment remains moderately bullish, with an average price target of $140.50 versus the stock’s $113.60 opening price; the company also pays a $0.15 quarterly dividend, yielding about 0.5%.

Empowered Funds LLC bought a new position in shares of Federal Signal Corporation (NYSE:FSS - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 30,054 shares of the conglomerate's stock, valued at approximately $3,862,000.

Several other hedge funds have also modified their holdings of the stock. EverSource Wealth Advisors LLC raised its position in Federal Signal by 140.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate's stock worth $26,000 after purchasing an additional 142 shares during the last quarter. Palladiem LLC bought a new position in Federal Signal in the 4th quarter valued at $27,000. Physician Wealth Advisors Inc. boosted its position in Federal Signal by 57.2% in the 1st quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate's stock valued at $27,000 after buying an additional 91 shares during the last quarter. Allworth Financial LP acquired a new stake in shares of Federal Signal in the 2nd quarter valued at $33,000. Finally, Caitong International Asset Management Co. Ltd increased its stake in shares of Federal Signal by 3,100.0% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate's stock valued at $30,000 after buying an additional 248 shares during the period. 92.73% of the stock is owned by institutional investors.

Insider Activity at Federal Signal

In other news, VP Diane Bonina sold 14,856 shares of the company's stock in a transaction dated 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 sale, 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 legal filing with the SEC, which is available through this hyperlink. 3.30% of the stock is currently owned by company insiders.

Federal Signal Stock Performance

FSS stock opened at $113.60 on Wednesday. Federal Signal Corporation has a twelve month low of $101.18 and a twelve month 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. The company has a market cap of $6.93 billion, a P/E ratio of 24.48, a price-to-earnings-growth ratio of 1.60 and a beta of 1.23. The business's fifty day moving average is $122.48 and its 200-day moving average is $116.42.

Federal Signal (NYSE:FSS - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The conglomerate reported $1.42 EPS for the quarter, topping analysts' consensus estimates of $1.29 by $0.13. Federal Signal had a return on equity of 21.36% and a net margin of 11.66%.The business had revenue of $670.20 million during the quarter, compared to analysts' expectations of $667.04 million. During the same period in the previous year, the firm earned $1.17 earnings per share. The firm'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. Equities research analysts forecast that Federal Signal Corporation will post 5.23 EPS for the current year.

Federal Signal Announces Dividend

The business also recently announced 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. This represents a $0.60 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Friday, August 14th. Federal Signal's payout ratio is presently 12.93%.

Analysts Set New Price Targets

FSS has been the topic of several research reports. Zacks Research lowered Federal Signal from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 12th. Wall Street Zen lowered Federal Signal from a "buy" rating to a "hold" rating in a research report on Saturday, August 1st. Citigroup started coverage on Federal Signal in a report on Monday, August 17th. They set a "buy" rating and a $150.00 price objective for the company. Finally, Weiss Ratings upgraded shares of Federal Signal from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, June 23rd. One 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 company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $140.50.

About Federal Signal

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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