Healthcare of Ontario Pension Plan Trust Fund Invests $6.29 Million in Federal Signal Corporation $FSS

Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Federal Signal Corporation (NYSE:FSS - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 58,206 shares of the conglomerate's stock, valued at approximately $6,294,000. Healthcare of Ontario Pension Plan Trust Fund owned 0.10% of Federal Signal as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of FSS. EverSource Wealth Advisors LLC lifted its holdings in shares of 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 buying an additional 142 shares during the period. Palladiem LLC purchased a new position in shares of Federal Signal during the fourth quarter valued at $27,000. Physician Wealth Advisors Inc. raised its holdings in shares of 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 acquiring an additional 91 shares in the last quarter. Covestor Ltd lifted its stake in Federal Signal by 118.0% in the fourth quarter. Covestor Ltd now owns 279 shares of the conglomerate's stock worth $30,000 after acquiring an additional 151 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its stake 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 during the period. Institutional investors own 92.73% of the company's stock.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Wall Street Zen raised shares of Federal Signal from a "hold" rating to a "buy" rating in a research report on Saturday, May 2nd. KeyCorp reiterated an "overweight" rating and set a $140.00 price objective on shares of Federal Signal in a research note on Thursday, April 30th. Weiss Ratings raised shares of Federal Signal from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, June 23rd. DA Davidson upped their target price on Federal Signal from $125.00 to $132.00 and gave the stock a "neutral" rating in a report on Friday, May 1st. Finally, Zacks Research raised Federal Signal from a "hold" rating to a "strong-buy" rating in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $139.25.

Federal Signal Trading Down 4.9%

NYSE FSS opened at $111.98 on Thursday. Federal Signal Corporation has a 52 week low of $101.18 and a 52 week high of $134.51. The company has a 50 day moving average price of $116.67 and a 200 day moving average price of $114.76. The company has a quick ratio of 1.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.38. The firm has a market cap of $6.83 billion, a PE ratio of 25.45, a price-to-earnings-growth ratio of 1.70 and a beta of 1.23.

Federal Signal (NYSE:FSS - Get Free Report) last announced its earnings results on Wednesday, April 29th. The conglomerate reported $1.18 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.29. Federal Signal had a net margin of 11.56% and a return on equity of 21.18%. The company had revenue of $625.60 million during the quarter, compared to the consensus estimate of $579.87 million. During the same period last year, the firm earned $0.76 earnings per share. Federal Signal's revenue was up 35.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Federal Signal Corporation will post 4.94 EPS for the current fiscal year.

Federal Signal Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Friday, August 14th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Friday, August 14th. Federal Signal's dividend payout ratio is currently 13.64%.

Federal Signal News Summary

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

• Positive Sentiment: Federal Signal declared a quarterly dividend of $0.15 per share, payable August 27 to shareholders of record August 14. The announcement reinforces the company’s shareholder-return policy, although the approximately 0.5% annualized yield is unlikely to be a major stock catalyst. Federal Signal Corporation Declares Dividend of $0.15 per share
• Positive Sentiment: Analyst coverage cited a consensus “Buy” recommendation, indicating generally favorable expectations for FSS despite its premium valuation. Federal Signal Receives Consensus Buy Recommendation
• Neutral Sentiment: Investors are awaiting Federal Signal’s second-quarter report, scheduled for July 30. The earnings previews place the focus on revenue growth, profitability, order activity and management’s outlook; the report could provide the next significant direction for the stock. Federal Signal Q2 2026 Earnings Preview
• Neutral Sentiment: Recent commentary has highlighted FSS’s business momentum and compared its valuation with General Motors, but does not identify a new company-specific catalyst. With the stock trading at roughly 25 times earnings, investors may be particularly sensitive to any earnings miss or weaker outlook. What Is Driving Federal Signal Into the Spotlight?

Federal Signal Company 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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