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

Posted by Brian Himes on Aug 16th, 2026

Oppenheimer Asset Management Inc. bought a new position in shares of Federal Signal Corporation (NYSE:FSS – Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 41,942 shares of the conglomerate’s stock, valued at approximately $5,389,000. Oppenheimer Asset Management Inc. owned 0.07% of Federal Signal at the end of the most recent quarter.

A number of other large investors have also modified their holdings of FSS. Vanguard Group Inc. grew its holdings in Federal Signal by 2.1% during the fourth quarter. Vanguard Group Inc. now owns 6,840,396 shares of the conglomerate’s stock worth $742,799,000 after acquiring an additional 138,855 shares during the period. Capital World Investors lifted its holdings in Federal Signal by 4.4% in the fourth quarter. Capital World Investors now owns 2,362,294 shares of the conglomerate’s stock valued at $256,522,000 after acquiring an additional 100,000 shares during the period. State Street Corp lifted its holdings in Federal Signal by 0.4% in the second quarter. State Street Corp now owns 2,266,523 shares of the conglomerate’s stock valued at $241,203,000 after acquiring an additional 7,982 shares during the period. Invesco Ltd. lifted its holdings in Federal Signal by 10.2% in the fourth quarter. Invesco Ltd. now owns 2,168,788 shares of the conglomerate’s stock valued at $235,509,000 after acquiring an additional 201,440 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of Federal Signal by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 1,725,757 shares of the conglomerate’s stock worth $187,427,000 after purchasing an additional 18,587 shares in the last quarter. 92.73% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on FSS shares. Zacks Research cut shares of Federal Signal from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. 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 report on Tuesday, June 23rd. KeyCorp restated an “overweight” rating and set a $140.00 target price on shares of Federal Signal in a research report on Thursday, April 30th. Finally, DA Davidson increased their target price on shares of Federal Signal from $125.00 to $132.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $137.33.

Read Our Latest Stock Report on Federal Signal

Insiders Place Their Bets

In other Federal Signal news, VP Diane Bonina sold 14,856 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $130.44, for a total transaction of $1,937,816.64. Following the completion of the transaction, the vice president directly owned 15,689 shares in the company, valued at approximately $2,046,473.16. This trade represents a 48.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 3.30% of the company’s stock.

Federal Signal Stock Up 2.3%

FSS opened at $125.90 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.21 and a current ratio of 2.74. The company has a market cap of $7.69 billion, a price-to-earnings ratio of 27.13, a PEG ratio of 1.72 and a beta of 1.24. Federal Signal Corporation has a one year low of $101.18 and a one year high of $134.51. The business’s fifty day moving average is $120.72 and its two-hundred day moving average is $115.78.

Federal Signal (NYSE:FSS – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The conglomerate reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 21.36% and a net margin of 11.66%.The business’s revenue for the quarter was up 18.7% on a year-over-year basis. During the same quarter last year, the business posted $1.17 earnings per share. Federal Signal has set its FY 2026 guidance at 5.120-5.300 EPS. Analysts anticipate that Federal Signal Corporation will post 5.23 EPS for the current fiscal year.

Federal Signal Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend 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.

Federal Signal operates through two primary business segments.