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: 4,500
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
87% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 31
10% more capital invested
Capital invested by funds: $4.78B [Q2] → $5.24B (+$463M) [Q3]
8% more funds holding
Funds holding: 357 [Q2] → 384 (+27) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
4% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 140
1.77% less ownership
Funds ownership: 93.43% [Q2] → 91.66% (-1.77%) [Q3]
18% less call options, than puts
Call options by funds: $1.27M | Put options by funds: $1.55M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
DA Davidson Michael Shlisky 39% 1-year accuracy 11 / 28 met price target | 2%downside $90 | Neutral Maintained | 5 Nov 2024 |