ABM Industries Incorporated (NYSE:ABM – Free Report) – Equities researchers at Zacks Research boosted their Q2 2025 earnings estimates for shares of ABM Industries in a report issued on Wednesday, April 16th. Zacks Research analyst R. Department now forecasts that the business services provider will earn $0.87 per share for the quarter, up from their prior forecast of $0.85. The consensus estimate for ABM Industries’ current full-year earnings is $3.71 per share. Zacks Research also issued estimates for ABM Industries’ FY2025 earnings at $3.72 EPS, Q1 2026 earnings at $0.86 EPS, Q2 2026 earnings at $0.93 EPS, Q3 2026 earnings at $1.07 EPS, Q4 2026 earnings at $1.22 EPS, Q1 2027 earnings at $0.79 EPS and FY2027 earnings at $4.41 EPS.
Separately, UBS Group cut their price target on ABM Industries from $56.00 to $50.00 and set a “neutral” rating on the stock in a report on Thursday, March 13th.
ABM Industries Stock Down 0.3 %
ABM Industries stock opened at $45.93 on Friday. The firm has a market capitalization of $2.86 billion, a P/E ratio of 36.16, a P/E/G ratio of 2.75 and a beta of 1.05. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.73. ABM Industries has a twelve month low of $40.85 and a twelve month high of $59.78. The stock’s fifty day simple moving average is $49.13 and its 200-day simple moving average is $52.20.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. Janney Montgomery Scott LLC boosted its stake in ABM Industries by 3.1% in the first quarter. Janney Montgomery Scott LLC now owns 30,736 shares of the business services provider’s stock valued at $1,456,000 after acquiring an additional 910 shares in the last quarter. Brighton Jones LLC purchased a new stake in shares of ABM Industries in the 1st quarter valued at about $330,000. Palouse Capital Management Inc. boosted its position in shares of ABM Industries by 17.4% in the 1st quarter. Palouse Capital Management Inc. now owns 3,016 shares of the business services provider’s stock valued at $143,000 after purchasing an additional 446 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in ABM Industries by 12.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 6,102 shares of the business services provider’s stock worth $289,000 after buying an additional 693 shares during the last quarter. Finally, apricus wealth LLC acquired a new position in ABM Industries during the first quarter worth approximately $217,000. 91.62% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at ABM Industries
In other news, COO Rene Jacobsen sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $52.84, for a total transaction of $528,400.00. Following the completion of the sale, the chief operating officer now owns 87,808 shares in the company, valued at approximately $4,639,774.72. The trade was a 10.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.90% of the company’s stock.
ABM Industries Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Investors of record on Thursday, April 3rd will be paid a dividend of $0.265 per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $1.06 dividend on an annualized basis and a dividend yield of 2.31%. ABM Industries’s payout ratio is currently 84.13%.
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.
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