Oppenheimer Asset Management Inc. Buys Shares of 41,942 Federal Signal Corporation $FSS

16 Aug 2026, 10:28 by Mitch Edgeman · The Markets Daily

Oppenheimer Asset Management Inc. purchased a new position in shares of Federal Signal Corporation (NYSE:FSS – Free Report) in the 2nd quarter, Holdings Channel reports. The firm purchased 41,942 shares of the conglomerate’s stock, valued at approximately $5,389,000.

Other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada raised its holdings in shares of Federal Signal by 3.5% in the first quarter. Royal Bank of Canada now owns 93,618 shares of the conglomerate’s stock worth $6,886,000 after acquiring an additional 3,153 shares during the last quarter. AQR Capital Management LLC increased its position in Federal Signal by 10.9% during the 1st quarter. AQR Capital Management LLC now owns 35,702 shares of the conglomerate’s stock worth $2,626,000 after purchasing an additional 3,520 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Federal Signal by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,822 shares of the conglomerate’s stock worth $2,635,000 after purchasing an additional 1,594 shares in the last quarter. NewEdge Advisors LLC raised its stake in Federal Signal by 15.9% in the 1st quarter. NewEdge Advisors LLC now owns 1,838 shares of the conglomerate’s stock valued at $135,000 after purchasing an additional 252 shares during the last quarter. Finally, Empowered Funds LLC acquired a new position in Federal Signal in the 1st quarter valued at about $1,119,000. 92.73% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Wall Street Zen cut shares of Federal Signal from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Weiss Ratings raised shares of Federal Signal from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. KeyCorp reissued an “overweight” rating and set a $140.00 price objective on shares of Federal Signal in a research note on Thursday, April 30th. DA Davidson raised their target price 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. Finally, Zacks Research cut shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $137.33.

Check Out Our Latest Analysis on Federal Signal

Insider Activity

In related news, VP Diane Bonina sold 14,856 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $130.44, for a total value of $1,937,816.64. Following the sale, the vice president directly owned 15,689 shares of the company’s stock, valued at approximately $2,046,473.16. This trade represents a 48.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 3.30% of the company’s stock.

Federal Signal Stock Performance

NYSE FSS opened at $125.90 on Friday. The business’s 50-day moving average price is $120.72 and its 200 day moving average price is $115.78. Federal Signal Corporation has a twelve month low of $101.18 and a twelve month high of $134.51. The company has a market capitalization of $7.69 billion, a PE ratio of 27.13, a price-to-earnings-growth ratio of 1.72 and a beta of 1.24. The company has a current ratio of 2.74, a quick ratio of 1.21 and a debt-to-equity ratio of 0.30.

Federal Signal (NYSE:FSS – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.13. The firm 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 firm’s quarterly revenue was up 18.7% on a year-over-year basis. During the same period last 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 predict that Federal Signal Corporation will post 5.23 earnings per share for the current year.

Federal Signal Dividend Announcement

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

About Federal Signal

(Free Report)

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.