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FSS

FEDERAL SIGNAL CORPORATION

At today's price, FEDERAL SIGNAL CORPORATION (FSS) is priced for +21.1% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+21.1% growth
Priced In
within-range

Key Takeaways

• Federal Signal builds the specialized municipal iron that cities cannot skip: street sweepers, sewer cleaners, and safe-digging vacuum trucks sold under leading U.S. brands like Elgin, with roughly 79% of net sales in the United States and a service-center aftermarket layered on top [Source: FY2025 10-K]. • The single largest risk is demand cyclicality tied to public budgets: management itself notes profitability depends heavily on U.S. governmental and municipal markets and the broader econom

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Institutional ownership

435 institutional managers reported holding FSS in 13F filings for the quarter ended 2026-03-31. 71 opened new positions that quarter. Held by BlackRock, Vanguard Group, State Street, among others. On the short side, 3.9M shares were sold short as of the 2026-06-15 count, about 6% of shares outstanding (8.2 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

FSS's share count is about flat over the past five years ($83.30M of repurchases, offset by issuance). It pays a dividend, and has for 12 years running, raised 3 years straight; the current rate is $0.56 a share annually. Cash returned over the past three years: $84.80M in dividends and $52.00M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at FSS over the trailing three years: 2025: 1 buy totaling $103k; 2026: 1 buy totaling $222k. 13 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

FSS's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2021-11-10-2.1%-11.8%
2022-03-02+1.4%+3.5%
2022-05-03-0.9%+1.2%
2022-11-04-0.1%+6.4%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

FSS's latest 8-K filings: 2026-05-20 (items 7.01, 9.01); 2026-04-22 (items 5.07, 9.01); 2026-03-02 (items 7.01, 9.01); 2026-02-26 (items 5.02, 9.01); 2026-01-16 (items 8.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: July 1, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.