Q2 EPS Estimates for ABM Industries Lifted by William Blair

ABM Industries Incorporated (NYSE:ABM) – William Blair lifted their Q2 2025 EPS estimates for ABM Industries in a research note issued to investors on Wednesday, December 18th. William Blair analyst T. Mulrooney now forecasts that the business services provider will post earnings per share of $0.93 for the quarter, up from their prior forecast of $0.91. The consensus estimate for ABM Industries’ current full-year earnings is $3.53 per share.

ABM Industries (NYSE:ABM) last posted its earnings results on Wednesday, December 18th. The business services provider reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.03. ABM Industries had a net margin of 1.89% and a return on equity of 12.93%. The firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $2.08 billion. During the same quarter last year, the firm earned $1.01 EPS. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis.

ABM has been the topic of a number of other reports. Robert W. Baird boosted their price target on shares of ABM Industries from $49.00 to $56.00 and gave the stock a “neutral” rating in a research note on Monday, September 9th. Truist Financial increased their target price on shares of ABM Industries from $49.00 to $55.00 and gave the stock a “hold” rating in a report on Monday, September 9th. Finally, UBS Group boosted their price target on shares of ABM Industries from $55.00 to $56.00 and gave the stock a “neutral” rating in a research note on Thursday, December 19th.

ABM Industries Price Performance

ABM stock opened at $50.85 on Monday. The business’s fifty day moving average price is $55.18 and its 200 day moving average price is $53.43. ABM Industries has a 12-month low of $39.64 and a 12-month high of $59.78. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $3.16 billion, a PE ratio of 21.01 and a beta of 1.14.

Institutional Investors Weigh In On ABM Industries

Institutional investors have recently added to or reduced their stakes in the business. Pacer Advisors Inc. acquired a new stake in ABM Industries during the second quarter worth approximately $125,118,000. Pzena Investment Management LLC acquired a new position in ABM Industries in the second quarter valued at $21,032,000. LSV Asset Management grew its holdings in shares of ABM Industries by 92.3% during the second quarter. LSV Asset Management now owns 760,321 shares of the business services provider’s stock worth $38,449,000 after purchasing an additional 364,879 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of ABM Industries by 652,535.3% during the second quarter. Allspring Global Investments Holdings LLC now owns 110,948 shares of the business services provider’s stock worth $5,611,000 after purchasing an additional 110,931 shares in the last quarter. Finally, Barclays PLC lifted its holdings in shares of ABM Industries by 238.7% in the 3rd quarter. Barclays PLC now owns 113,850 shares of the business services provider’s stock valued at $6,004,000 after purchasing an additional 80,238 shares during the last quarter. Hedge funds and other institutional investors own 91.62% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Earl Ray Ellis sold 40,000 shares of the company’s stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $53.96, for a total transaction of $2,158,400.00. Following the completion of the transaction, the chief financial officer now directly owns 45,260 shares of the company’s stock, valued at approximately $2,442,229.60. This represents a 46.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.04% of the stock is currently owned by company insiders.

ABM Industries Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, January 2nd will be paid a $0.265 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $1.06 dividend on an annualized basis and a yield of 2.08%. This is an increase from ABM Industries’s previous quarterly dividend of $0.23. ABM Industries’s payout ratio is currently 83.46%.

About ABM Industries

ABM Industries Incorporated, through its subsidiaries, engages in the provision of integrated facility, infrastructure, and mobility solutions in the United States and internationally. It operates through Business & Industry, Manufacturing & Distribution, Education, Aviation, and Technical Solutions segments.