Federal Signal
About: Federal Signal Corp designs and manufactures products and integrated solutions for municipal, governmental, industrial, and airport customers. It operates in the segments of Environmental Solutions Group and the Safety and Security Systems Group. The Environmental Solutions group manufactures and supplies street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks, high-performance water blasting equipment, dump truck bodies, and trailers. The Safety and Security Systems Group offers comprehensive systems and products such as campus and community alerting, emergency vehicles, first responder interoperable communications, and others. The company generates a majority of its revenue from the Environmental Solutions Group segment.
Employees: 4,700
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
21% more call options, than puts
Call options by funds: $596K | Put options by funds: $493K
1.35% more ownership
Funds ownership: 95.96% [Q4 2024] → 97.32% (+1.35%) [Q1 2025]
8% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 51
2% less funds holding
Funds holding: 388 [Q4 2024] → 380 (-8) [Q1 2025]
16% less repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 155
19% less capital invested
Capital invested by funds: $5.42B [Q4 2024] → $4.37B (-$1.04B) [Q1 2025]
67% less funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 1 (-2) [Q1 2025]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Keybanc Steve Barger | 10%upside $110 | Overweight Upgraded | 12 May 2025 |
DA Davidson Michael Shlisky | 16%downside $84 | Neutral Maintained | 5 May 2025 |
Raymond James Tim Thein | 0%upside $100 | Outperform Maintained | 14 Apr 2025 |
Financial journalist opinion
Based on 3 articles about FSS published over the past 30 days









