Federal Signal (NYSE:FSS) Rating Increased to Market Outperform at CJS Securities

CJS Securities upgraded shares of Federal Signal (NYSE:FSS) from a market perform rating to a market outperform rating in a research note released on Thursday morning, MarketBeat Ratings reports. The firm currently has $140.00 price objective on the conglomerate’s stock.

Separately, Weiss Ratings restated a “buy (b-)” rating on shares of Federal Signal in a research report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Federal Signal currently has an average rating of “Moderate Buy” and an average price target of $126.75.

Federal Signal Stock Down 1.4%

Shares of FSS opened at $117.70 on Thursday. The firm has a market cap of $7.16 billion, a P/E ratio of 29.35, a price-to-earnings-growth ratio of 1.86 and a beta of 1.35. Federal Signal has a 12-month low of $66.47 and a 12-month high of $132.89. The company’s 50-day moving average price is $114.52 and its 200 day moving average price is $117.35. The company has a current ratio of 3.02, a quick ratio of 1.25 and a debt-to-equity ratio of 0.41.

Federal Signal (NYSE:FSS) last announced its quarterly earnings results on Wednesday, February 25th. The conglomerate reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.08 by $0.08. The business had revenue of $597.10 million during the quarter, compared to analysts’ expectations of $551.36 million. Federal Signal had a net margin of 11.31% and a return on equity of 20.14%. The business’s revenue for the quarter was up 26.5% on a year-over-year basis. During the same period last year, the business earned $0.87 earnings per share. Federal Signal has set its FY 2026 guidance at 4.500-4.800 EPS. On average, sell-side analysts forecast that Federal Signal will post 3.34 earnings per share for the current year.

Hedge Funds Weigh In On Federal Signal

Several hedge funds and other institutional investors have recently made changes to their positions in FSS. Vanguard Group Inc. grew its position in shares of Federal Signal by 2.1% during the fourth quarter. Vanguard Group Inc. now owns 6,840,396 shares of the conglomerate’s stock worth $742,799,000 after buying an additional 138,855 shares in the last quarter. Capital World Investors lifted its stake in Federal Signal by 4.4% in the fourth quarter. Capital World Investors now owns 2,362,294 shares of the conglomerate’s stock worth $256,522,000 after acquiring an additional 100,000 shares during the last quarter. State Street Corp grew its holdings in Federal Signal by 0.4% during the 2nd quarter. State Street Corp now owns 2,266,523 shares of the conglomerate’s stock worth $241,203,000 after acquiring an additional 7,982 shares in the last quarter. Invesco Ltd. grew its holdings in Federal Signal by 10.2% during the 4th quarter. Invesco Ltd. now owns 2,168,788 shares of the conglomerate’s stock worth $235,509,000 after acquiring an additional 201,440 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Federal Signal by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 1,725,757 shares of the conglomerate’s stock valued at $187,427,000 after purchasing an additional 18,587 shares during the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Federal Signal News Roundup

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

• Positive Sentiment: Q4 results beat consensus — Federal Signal reported $1.16 EPS versus $1.08 expected and revenue of $597.1M vs. $551.4M est.; revenue grew ~26.5% year‑over‑year, showing strong topline momentum. Zacks Q4 Beat
• Positive Sentiment: Record-year commentary and 2026 outlook — company described a record year (27% net sales growth, higher operating income, strong cash generation) and issued FY2026 EPS guidance of $4.50–4.80 and revenue ~$2.6–2.7B, which is generally supportive of earnings growth expectations. PR Newswire Results & Outlook
• Positive Sentiment: Analyst upgrade — CJS Securities upgraded FSS to “market outperform” with a $140 price target, implying ~19% upside from current levels and signaling buy-side confidence from at least one shop. Benzinga Upgrade
• Neutral Sentiment: Investor materials available — earnings call transcript and slide deck give more detail on order trends, margins and cash flow for investors parsing the quarter. Earnings Call Transcript Slide Deck
• Neutral Sentiment: Board additions — the company appointed two new directors; governance hires typically have limited near‑term impact but matter for long‑term oversight. Director Appointments
• Neutral Sentiment: Acquisition discussion — coverage is asking whether recent or prospective acquisitions (e.g., “Can acquisition fuel growth?”) will sustain momentum — a watch item for investors but not an immediate catalyst. Investing.com Acquisition Piece
• Negative Sentiment: Near‑term selling/valuation and profit‑taking — despite the beat and constructive guidance, the stock is trading lower; higher volume suggests traders may be taking profits after a run toward the 52‑week high and the shares trade at a premium (PE ~30.7), which can amplify short‑term volatility. No external link

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.