ABM Industries Incorporated (NYSE:ABM – Free Report) – Investment analysts at Zacks Research lifted their Q3 2025 earnings estimates for shares of ABM Industries in a research report issued on Wednesday, March 26th. Zacks Research analyst R. Department now forecasts that the business services provider will post earnings per share of $0.97 for the quarter, up from their previous forecast of $0.95. 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 $3.71 EPS, Q2 2026 earnings at $0.94 EPS, Q4 2026 earnings at $1.21 EPS, FY2026 earnings at $4.08 EPS, Q1 2027 earnings at $0.78 EPS and FY2027 earnings at $4.34 EPS.
Separately, UBS Group lowered their target price 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 Trading Up 1.3 %
Shares of NYSE:ABM opened at $48.26 on Friday. ABM Industries has a 52-week low of $42.63 and a 52-week high of $59.78. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.33 and a current ratio of 1.33. The company has a market cap of $3.00 billion, a P/E ratio of 38.00, a P/E/G ratio of 2.75 and a beta of 1.13. The stock’s 50-day moving average is $51.62 and its 200-day moving average is $52.82.
ABM Industries Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Thursday, April 3rd will be issued a $0.265 dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $1.06 annualized dividend and a yield of 2.20%. ABM Industries’s dividend payout ratio (DPR) is 84.13%.
Insiders Place Their Bets
In other ABM Industries news, COO Rene Jacobsen sold 10,000 shares of ABM Industries stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $52.84, for a total transaction of $528,400.00. Following the completion of the transaction, the chief operating officer now directly owns 87,808 shares of the company’s stock, valued at approximately $4,639,774.72. This trade represents a 10.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Dean A. Chin sold 4,281 shares of the company’s stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $52.36, for a total transaction of $224,153.16. Following the completion of the sale, the chief accounting officer now directly owns 18,681 shares in the company, valued at approximately $978,137.16. The trade was a 18.64 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.90% of the company’s stock.
Institutional Investors Weigh In On ABM Industries
Hedge funds and other institutional investors have recently bought and sold shares of the business. American Century Companies Inc. increased its position in ABM Industries by 2,322.1% in the 4th quarter. American Century Companies Inc. now owns 1,183,695 shares of the business services provider’s stock valued at $60,582,000 after acquiring an additional 1,134,825 shares in the last quarter. Norges Bank bought a new position in ABM Industries in the 4th quarter worth approximately $43,967,000. Nuveen Asset Management LLC lifted its holdings in ABM Industries by 99.2% during the 4th quarter. Nuveen Asset Management LLC now owns 671,266 shares of the business services provider’s stock worth $34,355,000 after buying an additional 334,295 shares in the last quarter. Bank of America Corp DE boosted its position in ABM Industries by 52.1% in the 4th quarter. Bank of America Corp DE now owns 677,811 shares of the business services provider’s stock valued at $34,690,000 after buying an additional 232,190 shares during the last quarter. Finally, Invesco Ltd. raised its position in shares of ABM Industries by 14.8% during the fourth quarter. Invesco Ltd. now owns 1,517,516 shares of the business services provider’s stock worth $77,666,000 after acquiring an additional 195,978 shares during the last quarter. 91.62% of the stock is owned by institutional investors and hedge funds.
ABM Industries Company Profile
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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