Federal Signal Corporation (FSS)

In the past six months, Federal Signal Corp. reported strong financial performance and strategic acquisitions. The company agreed to acquire New Way Trucks and reported record second-quarter results, including a 15% increase in net sales growth. A quarterly cash dividend of $0.14 per share was declared. Federal Signal reported strong first-quarter results with 9% net sales growth. The stock price as of October 17, 2025, was $120.48, representing a 35.72% increase from $88.77 on October 18, 2024.

Demand for Federal Signal Corp.'s products exhibits some seasonality, with the Environmental Solutions Group (ESG) experiencing seasonally strong quarters in Q2 and Q3. The ESG segment generally has an average backlog of approximately three to six months of shipments, while the Safety and Security Systems Group (SSG) typically has an average backlog of about two months. Demand for aftermarket products and services remains strong.

Federal Signal Corporation, based in Oak Brook, Illinois, is a diversified industrial company specializing in environmental management, safety, and security solutions for municipal, commercial, and industrial customers globally. It operates through two segments: Environmental Solutions Group and Safety & Security Systems Group, manufacturing products such as street sweepers, sewer cleaners, emergency vehicle lighting, and command-and-control software.

Federal Signal has a global presence with operations in North America, Europe, the Middle East, Africa, and the Asia Pacific region. The company operates 21 principal manufacturing facilities in five countries, including the U.S., Spain, the U.K., and South Africa, selling products through dealer networks and direct sales channels.

Federal Signal Corporation maintains a strong brand reputation through innovation, operational excellence, and customer support. The company's commitment to delivering quality products that enhance safety has been a cornerstone of its operations. Consistent reporting of record financial results and strategic acquisitions, like that of New Way Trucks, demonstrate growth and market leadership.

Federal Signal Corporation's ownership is primarily institutional, with approximately 100.4% of the stock owned by institutional investors as of June 2025. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and State Street Corp. Individual investors and public companies hold approximately 27.18% of the stock, while insiders own about 2.42%.