The Manufacturers Life Insurance Company Has $43.19 Million Stake in Federal Signal Corporation $FSS

The Manufacturers Life Insurance Company boosted its stake in Federal Signal Corporation (NYSE:FSS) by 20.2% during the 1st quarter, HoldingsChannel reports. The fund owned 399,415 shares of the conglomerate’s stock after acquiring an additional 67,127 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Federal Signal were worth $43,193,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FSS. EverSource Wealth Advisors LLC raised its stake in shares of Federal Signal by 140.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 243 shares of the conglomerate’s stock valued at $26,000 after purchasing an additional 142 shares during the period. Palladiem LLC acquired a new position in shares of Federal Signal during the fourth quarter worth about $27,000. Physician Wealth Advisors Inc. grew its holdings 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 in the last quarter. 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 worth $30,000 after buying an additional 248 shares in the last quarter. Finally, Covestor Ltd raised its position in Federal Signal by 118.0% in the 4th 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. 92.73% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Federal Signal

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

• Positive Sentiment: Federal Signal reported record second-quarter results, with revenue of $670.2 million—up 18.7% year over year and slightly above the $667.0 million consensus estimate. Adjusted earnings were $1.42 per share, beating expectations of approximately $1.28-$1.29 and increasing from $1.17 a year earlier. Federal Signal Reports Record Second Quarter Results
• Positive Sentiment: Operating income improved 21%, cash generation was strong, and orders rose 18%, signaling solid demand and potentially supporting future revenue growth. Federal Signal Reports Record Second Quarter Results
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $5.12-$5.30, above the roughly $4.97-$4.94 analyst expectation range. Full-year revenue guidance is $2.6 billion-$2.7 billion. Federal Signal Q2 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: The revenue outlook is broadly in line with consensus, so the main upside surprise comes from earnings, margins, orders, and execution rather than a major sales forecast increase. At approximately 28 times earnings, FSS may also require continued earnings growth to sustain its elevated valuation. Federal Signal Q2 2026 Earnings Call Transcript

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Weiss Ratings raised Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. Wall Street Zen raised shares of Federal Signal from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Zacks Research upgraded shares of Federal Signal from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. KeyCorp reaffirmed an “overweight” rating and issued a $140.00 target price on shares of Federal Signal in a research report on Thursday, April 30th. Finally, DA Davidson lifted their price target on shares of Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $137.33.

Federal Signal Stock Up 11.2%

NYSE:FSS opened at $124.43 on Friday. Federal Signal Corporation has a twelve month low of $101.18 and a twelve month high of $134.51. The firm has a market capitalization of $7.59 billion, a price-to-earnings ratio of 28.28, a price-to-earnings-growth ratio of 1.62 and a beta of 1.23. The company has a quick ratio of 1.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.38. The stock’s 50 day moving average price is $116.93 and its two-hundred day moving average price is $114.82.

Federal Signal (NYSE:FSS) last released its earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.13. The business had revenue of $670.20 million during the quarter, compared to analysts’ expectations of $667.04 million. Federal Signal had a net margin of 11.56% and a return on equity of 21.18%. The firm’s revenue was up 18.7% on a year-over-year basis. During the same period last year, the business earned $1.17 earnings per share. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. Equities research analysts expect that Federal Signal Corporation will post 4.94 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 Thursday, August 27th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.15 per share. 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 payout ratio is currently 13.64%.

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.