Summit Creek Advisors LLC Invests $5.41 Million in Federal Signal Corporation $FSS

Summit Creek Advisors LLC bought a new stake in Federal Signal Corporation (NYSE:FSS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 42,106 shares of the conglomerate’s stock, valued at approximately $5,410,000. Federal Signal makes up about 1.8% of Summit Creek Advisors LLC’s portfolio, making the stock its 25th largest holding. Summit Creek Advisors LLC owned about 0.07% of Federal Signal at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in FSS. EverSource Wealth Advisors LLC raised its holdings in Federal Signal by 140.6% during 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 in the last quarter. Palladiem LLC purchased a new stake in Federal Signal in the 4th quarter valued at approximately $27,000. Physician Wealth Advisors Inc. boosted its holdings in Federal Signal by 57.2% in the 1st quarter. Physician Wealth Advisors Inc. now owns 250 shares of the conglomerate’s stock valued at $27,000 after purchasing an additional 91 shares in the last quarter. Covestor Ltd increased its position in Federal Signal by 118.0% during the 4th quarter. Covestor Ltd now owns 279 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 151 shares during the period. Finally, Caitong International Asset Management Co. Ltd increased its position in Federal Signal by 3,100.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 256 shares of the conglomerate’s stock worth $30,000 after purchasing an additional 248 shares during the period. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Zacks Research cut Federal Signal from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. Citigroup began coverage on Federal Signal in a research note on Monday. They issued a “buy” rating and a $150.00 price target on the stock. Wall Street Zen cut Federal Signal from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. KeyCorp reissued an “overweight” rating and issued a $140.00 target price on shares of Federal Signal in a report on Thursday, April 30th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $140.50.

Federal Signal Trading Down 3.1%

Shares of Federal Signal stock opened at $122.22 on Wednesday. The company has a 50-day moving average of $121.35 and a two-hundred day moving average of $115.97. Federal Signal Corporation has a 12-month low of $101.18 and a 12-month high of $134.51. The company has a current ratio of 2.74, a quick ratio of 1.21 and a debt-to-equity ratio of 0.30. The stock has a market cap of $7.46 billion, a PE ratio of 26.34, a price-to-earnings-growth ratio of 1.72 and a beta of 1.24.

Federal Signal (NYSE:FSS) last announced its quarterly earnings results on Thursday, July 30th. The conglomerate reported $1.42 EPS for the quarter, topping the consensus estimate of $1.29 by $0.13. The business had revenue of $670.20 million for the quarter, compared to analyst estimates of $667.04 million. Federal Signal had a return on equity of 21.36% and a net margin of 11.66%.The company’s quarterly revenue was up 18.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.17 EPS. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. On average, research analysts anticipate that Federal Signal Corporation will post 5.23 EPS for the current fiscal year.

Federal Signal Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Friday, August 14th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $0.60 annualized dividend and a yield of 0.5%. Federal Signal’s payout ratio is currently 12.93%.

Insider Transactions at Federal Signal

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $130.44, for a total transaction of $1,937,816.64. Following the sale, the vice president directly owned 15,689 shares in the company, valued at approximately $2,046,473.16. The trade was a 48.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 3.30% of the company’s stock.

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.