Healthcare of Ontario Pension Plan Trust Fund Makes New Investment in Federal Signal Corporation $FSS

Healthcare of Ontario Pension Plan Trust Fund bought a new position in Federal Signal Corporation (NYSE:FSS) in the first quarter, Holdings Channel.com reports. The firm bought 58,206 shares of the conglomerate’s stock, valued at approximately $6,294,000.

A number of other large investors have also recently bought and sold shares of the company. Wasatch Advisors LP acquired a new position in Federal Signal in the 3rd quarter worth approximately $174,476,000. Norges Bank purchased a new stake in shares of Federal Signal in the fourth quarter worth about $98,257,000. Vaughan Nelson Investment Management L.P. purchased a new stake in shares of Federal Signal in the first quarter worth about $57,749,000. Invesco Ltd. grew its holdings in Federal Signal by 16.0% during the third quarter. Invesco Ltd. now owns 1,967,348 shares of the conglomerate’s stock worth $234,095,000 after acquiring an additional 271,878 shares during the period. Finally, UBS Group AG raised its position in Federal Signal by 77.0% during the third quarter. UBS Group AG now owns 609,582 shares of the conglomerate’s stock valued at $72,534,000 after acquiring an additional 265,145 shares in the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Federal Signal Trading Down 4.9%

Shares of NYSE:FSS opened at $111.98 on Thursday. Federal Signal Corporation has a 1 year low of $101.18 and a 1 year high of $134.51. The firm has a market capitalization of $6.83 billion, a price-to-earnings ratio of 25.45, a price-to-earnings-growth ratio of 1.70 and a beta of 1.23. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.84 and a quick ratio of 1.29. The business’s 50 day moving average price is $116.67 and its 200-day moving average price is $114.76.

Federal Signal (NYSE:FSS) last issued its quarterly earnings results on Wednesday, April 29th. The conglomerate reported $1.18 EPS for the quarter, topping the consensus estimate of $0.89 by $0.29. The company had revenue of $625.60 million during the quarter, compared to analyst estimates of $579.87 million. Federal Signal had a net margin of 11.56% and a return on equity of 21.18%. The firm’s revenue was up 35.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.76 EPS. On average, equities research analysts forecast that Federal Signal Corporation will post 4.94 earnings per share for the current fiscal 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 given a $0.15 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.60 annualized dividend and a dividend yield of 0.5%. Federal Signal’s dividend payout ratio (DPR) is 13.64%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on FSS shares. KeyCorp restated an “overweight” rating and issued a $140.00 price objective on shares of Federal Signal in a research report on Thursday, April 30th. Zacks Research upgraded shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. DA Davidson increased their price target 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. Wall Street Zen upgraded shares of Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, Weiss Ratings raised shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Federal Signal currently has a consensus rating of “Buy” and an average price target of $139.25.

Trending Headlines about Federal Signal

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 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.