Federal Signal (NYSE:FSS) Upgraded at KeyCorp

KeyCorp upgraded shares of Federal Signal (NYSE:FSS) from a sector weight rating to an overweight rating in a research report report published on Monday morning, Marketbeat.com reports. The firm currently has $110.00 target price on the conglomerate’s stock. KeyCorp also issued estimates for Federal Signal’s Q2 2025 earnings at $1.05 EPS, Q3 2025 earnings at $1.05 EPS, Q4 2025 earnings at $0.98 EPS, FY2025 earnings at $3.84 EPS, Q1 2026 earnings at $0.88 EPS, Q2 2026 earnings at $1.18 EPS, Q3 2026 earnings at $1.17 EPS, Q4 2026 earnings at $1.08 EPS and FY2026 earnings at $4.31 EPS.

FSS has been the topic of several other research reports. Raymond James reduced their price target on shares of Federal Signal from $105.00 to $100.00 and set an “outperform” rating on the stock in a research report on Monday, April 14th. StockNews.com downgraded shares of Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, March 1st. Finally, DA Davidson increased their price target on shares of Federal Signal from $82.00 to $84.00 and gave the company a “neutral” rating in a research note on Monday, May 5th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Federal Signal currently has an average rating of “Moderate Buy” and a consensus price target of $98.00.

Federal Signal Stock Down 0.7%

Shares of FSS opened at $93.73 on Monday. The company has a current ratio of 2.83, a quick ratio of 1.36 and a debt-to-equity ratio of 0.19. The stock’s 50 day moving average is $78.56 and its two-hundred day moving average is $88.17. The firm has a market cap of $5.71 billion, a P/E ratio of 27.17, a PEG ratio of 1.85 and a beta of 1.23. Federal Signal has a 12 month low of $66.47 and a 12 month high of $102.18.

Federal Signal (NYSE:FSS) last posted its quarterly earnings data on Wednesday, April 30th. The conglomerate reported $0.76 EPS for the quarter, beating the consensus estimate of $0.73 by $0.03. Federal Signal had a return on equity of 18.46% and a net margin of 11.57%. The firm had revenue of $463.80 million during the quarter, compared to the consensus estimate of $462.63 million. During the same period in the prior year, the company earned $0.64 EPS. The firm’s revenue was up 9.2% compared to the same quarter last year. Analysts predict that Federal Signal will post 3.34 earnings per share for the current fiscal year.

Federal Signal Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be paid a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 0.60%. The ex-dividend date of this dividend is Friday, May 16th. Federal Signal’s payout ratio is currently 16.37%.

Federal Signal declared that its board has initiated a share buyback plan on Tuesday, April 22nd that permits the company to repurchase $150.00 million in outstanding shares. This repurchase authorization permits the conglomerate to purchase up to 3.3% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Insider Transactions at Federal Signal

In other news, CEO Jennifer L. Sherman acquired 1,250 shares of the company’s stock in a transaction dated Friday, February 28th. The stock was acquired at an average cost of $82.32 per share, for a total transaction of $102,900.00. Following the acquisition, the chief executive officer now directly owns 559,183 shares in the company, valued at approximately $46,031,944.56. This represents a 0.22% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 3.30% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Opal Wealth Advisors LLC acquired a new stake in shares of Federal Signal in the first quarter valued at about $29,000. Bessemer Group Inc. increased its stake in shares of Federal Signal by 78.4% in the first quarter. Bessemer Group Inc. now owns 421 shares of the conglomerate’s stock valued at $31,000 after purchasing an additional 185 shares during the period. Harbor Investment Advisory LLC raised its stake in shares of Federal Signal by 201.8% during the first quarter. Harbor Investment Advisory LLC now owns 658 shares of the conglomerate’s stock valued at $48,000 after purchasing an additional 440 shares in the last quarter. Signaturefd LLC lifted its stake in shares of Federal Signal by 37.4% in the 4th quarter. Signaturefd LLC now owns 606 shares of the conglomerate’s stock worth $56,000 after acquiring an additional 165 shares during the period. Finally, CoreCap Advisors LLC raised its stake in shares of Federal Signal by 19.9% in the 4th quarter. CoreCap Advisors LLC now owns 875 shares of the conglomerate’s stock worth $81,000 after buying an additional 145 shares in the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Federal Signal Company Profile

Federal Signal Corp. engages in the design and manufacture of products and integrated solutions for municipal, governmental, industrial, and commercial customers. It operates through the Environmental Solutions Group and Safety and Security Systems Group segments. The Environment Solutions Group segment is involved in the manufacture and supply of street sweeper vehicles, sewer cleaners, vacuum loader trucks, hydro-excavation trucks, and water blasting equipment.