Summit Creek Advisors LLC Makes New $5.41 Million Investment in Federal Signal Corporation $FSS

Summit Creek Advisors LLC purchased 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 institutional investor purchased 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 investment portfolio, making the stock its 25th largest holding.

Several other large investors have also modified their holdings of FSS. BlackRock Inc. acquired a new position in shares of Federal Signal during the 2nd quarter worth approximately $1,236,004,000. Vanguard Group Inc. grew its holdings in Federal Signal by 2.1% during the 4th quarter. Vanguard Group Inc. now owns 6,840,396 shares of the conglomerate’s stock valued at $742,799,000 after buying an additional 138,855 shares during the last quarter. Capital World Investors grew its holdings in Federal Signal by 4.4% during the 4th quarter. Capital World Investors now owns 2,362,294 shares of the conglomerate’s stock valued at $256,522,000 after buying an additional 100,000 shares during the last quarter. State Street Corp increased its position in Federal Signal by 0.4% during the second quarter. State Street Corp now owns 2,266,523 shares of the conglomerate’s stock worth $241,203,000 after buying an additional 7,982 shares in the last quarter. Finally, Invesco Ltd. increased its position in Federal Signal by 10.2% during the fourth quarter. Invesco Ltd. now owns 2,168,788 shares of the conglomerate’s stock worth $235,509,000 after buying an additional 201,440 shares in the last quarter. 92.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, VP Diane Bonina sold 14,856 shares of the stock in a transaction dated 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 transaction, the vice president directly owned 15,689 shares in the company, valued at approximately $2,046,473.16. This represents a 48.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 3.30% of the company’s stock.

Federal Signal Stock Down 3.1%

FSS stock opened at $122.22 on Wednesday. The stock has a market capitalization of $7.46 billion, a P/E ratio of 26.34, a PEG ratio of 1.72 and a beta of 1.24. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.21 and a current ratio of 2.74. Federal Signal Corporation has a one year low of $101.18 and a one year high of $134.51. The company has a 50 day moving average price of $121.35 and a two-hundred day moving average price of $115.97.

Federal Signal (NYSE:FSS) last issued its quarterly 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. Federal Signal had a return on equity of 21.36% and a net margin of 11.66%.The company had revenue of $670.20 million during the quarter, compared to the consensus estimate of $667.04 million. During the same period in the previous year, the firm posted $1.17 EPS. Federal Signal’s revenue was up 18.7% on a year-over-year basis. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. As a group, sell-side analysts expect that Federal Signal Corporation will post 5.23 EPS for the current year.

Federal Signal Dividend Announcement

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

Analyst Ratings Changes

FSS has been the topic of several recent research reports. DA Davidson upped their price objective on Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Citigroup began coverage on Federal Signal in a research report on Monday. They set a “buy” rating and a $150.00 price objective for the company. Wall Street Zen downgraded shares of Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Weiss Ratings upgraded shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, June 23rd. Finally, Zacks Research lowered shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 12th. 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. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $140.50.

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.