ABN Amro Investment Solutions Takes $1.20 Million Position in Federal Signal Corporation $FSS

ABN Amro Investment Solutions acquired a new position in Federal Signal Corporation (NYSE:FSS) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 11,137 shares of the conglomerate’s stock, valued at approximately $1,204,000.

Other hedge funds have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its holdings in Federal Signal by 140.6% in the second 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 purchased a new position in shares of Federal Signal in the 4th quarter valued at approximately $27,000. Physician Wealth Advisors Inc. lifted its stake in shares of Federal Signal by 57.2% during the first quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock worth $27,000 after buying an additional 91 shares during the period. Covestor Ltd grew its holdings in shares of Federal Signal by 118.0% during the fourth quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock valued at $30,000 after buying an additional 151 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its holdings in shares of Federal Signal by 3,100.0% during the third 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 last quarter. 92.73% of the stock is currently owned by institutional investors.

Federal Signal Price Performance

Shares of NYSE FSS opened at $118.67 on Friday. The stock has a fifty day moving average price of $116.40 and a 200 day moving average price of $114.73. Federal Signal Corporation has a 1-year low of $101.18 and a 1-year high of $134.51. 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 company has a market cap of $7.24 billion, a PE ratio of 26.97, a P/E/G ratio of 1.70 and a beta of 1.23.

Federal Signal (NYSE:FSS) last released its 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 analysts’ expectations of $579.87 million. Federal Signal had a net margin of 11.56% and a return on equity of 21.18%. The business’s revenue was up 35.0% on a year-over-year basis. During the same quarter last year, the business earned $0.76 EPS. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. Sell-side analysts forecast that Federal Signal Corporation will post 4.94 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on FSS shares. 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. Zacks Research raised Federal Signal from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. 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. 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, DA Davidson upped their price target on shares of Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $139.25.

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.