Q1 EPS Estimates for Acuity Brands Lifted by William Blair

Acuity Brands, Inc. (NYSE:AYI) – Stock analysts at William Blair upped their Q1 2025 earnings per share (EPS) estimates for Acuity Brands in a research report issued on Thursday, January 2nd. William Blair analyst R. Merkel now forecasts that the electronics maker will earn $3.63 per share for the quarter, up from their previous forecast of $3.50. William Blair has a “Outperform” rating on the stock. The consensus estimate for Acuity Brands’ current full-year earnings is $15.51 per share.

Several other research analysts also recently commented on the company. StockNews.com raised Acuity Brands from a “buy” rating to a “strong-buy” rating in a research note on Thursday, January 2nd. Oppenheimer increased their price objective on shares of Acuity Brands from $315.00 to $370.00 and gave the company an “outperform” rating in a research note on Wednesday, October 2nd. Wells Fargo & Company cut their target price on shares of Acuity Brands from $330.00 to $320.00 and set an “equal weight” rating on the stock in a research report on Tuesday. The Goldman Sachs Group upped their price target on shares of Acuity Brands from $266.00 to $303.00 and gave the stock a “neutral” rating in a report on Wednesday, October 2nd. Finally, Robert W. Baird raised their price objective on Acuity Brands from $280.00 to $318.00 and gave the company a “neutral” rating in a report on Wednesday, October 2nd. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $323.00.

Acuity Brands Price Performance

Acuity Brands stock opened at $304.72 on Monday. The stock has a fifty day moving average of $314.77 and a 200-day moving average of $279.22. The stock has a market capitalization of $9.40 billion, a P/E ratio of 22.67, a price-to-earnings-growth ratio of 2.09 and a beta of 1.40. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.16 and a current ratio of 2.72. Acuity Brands has a 52 week low of $204.34 and a 52 week high of $337.99.

Insider Transactions at Acuity Brands

In related news, SVP Barry R. Goldman sold 5,120 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $305.00, for a total value of $1,561,600.00. Following the sale, the senior vice president now directly owns 8,438 shares in the company, valued at $2,573,590. This represents a 37.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of AYI. UMB Bank n.a. raised its stake in Acuity Brands by 517.6% during the third quarter. UMB Bank n.a. now owns 105 shares of the electronics maker’s stock worth $29,000 after buying an additional 88 shares during the last quarter. Westside Investment Management Inc. acquired a new position in shares of Acuity Brands in the 3rd quarter valued at about $33,000. V Square Quantitative Management LLC bought a new stake in shares of Acuity Brands during the 3rd quarter valued at about $35,000. Prospera Private Wealth LLC acquired a new stake in Acuity Brands during the third quarter worth approximately $62,000. Finally, Quarry LP increased its holdings in Acuity Brands by 229.7% in the third quarter. Quarry LP now owns 244 shares of the electronics maker’s stock worth $67,000 after purchasing an additional 170 shares in the last quarter. Institutional investors and hedge funds own 98.21% of the company’s stock.

Acuity Brands Company Profile

Acuity Brands, Inc provides lighting, lighting controls, building management system, location-aware applications in the United States and internationally. The company operates in two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the A-Light, Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eureka, Gotham, Healthcare Lighting, Holophane, Hydrel, Indy, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, nLight, OPTOTRONIC, Peerless, RELOCWiring Solutions, and Sensor Switch.