ABM Industries Incorporated (NYSE:ABM – Free Report) – Stock analysts at Zacks Research upped their Q2 2025 earnings estimates for shares of ABM Industries in a research report issued to clients and investors 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 previous estimate 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 reduced their price objective on ABM Industries from $56.00 to $50.00 and set a “neutral” rating on the stock in a research report on Thursday, March 13th.
ABM Industries Trading Down 0.3 %
ABM opened at $45.93 on Friday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.33 and a quick ratio of 1.33. The company’s 50 day simple moving average is $49.13 and its two-hundred day simple moving average is $52.20. The firm has a market capitalization of $2.86 billion, a price-to-earnings ratio of 36.16, a price-to-earnings-growth ratio of 2.75 and a beta of 1.05. ABM Industries has a 1-year low of $40.85 and a 1-year high of $59.78.
Institutional Investors Weigh In On ABM Industries
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. purchased a new position in shares of ABM Industries during the 4th quarter worth $33,000. Adirondack Trust Co. lifted its position in ABM Industries by 28.6% in the fourth quarter. Adirondack Trust Co. now owns 900 shares of the business services provider’s stock valued at $46,000 after buying an additional 200 shares during the last quarter. Smartleaf Asset Management LLC boosted its stake in ABM Industries by 193.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 903 shares of the business services provider’s stock worth $46,000 after buying an additional 595 shares during the period. Sterling Capital Management LLC increased its position in shares of ABM Industries by 834.9% during the fourth quarter. Sterling Capital Management LLC now owns 2,038 shares of the business services provider’s stock valued at $104,000 after acquiring an additional 1,820 shares during the last quarter. Finally, KBC Group NV raised its stake in shares of ABM Industries by 60.9% in the 4th quarter. KBC Group NV now owns 2,819 shares of the business services provider’s stock valued at $144,000 after acquiring an additional 1,067 shares during the period. Institutional investors and hedge funds own 91.62% of the company’s stock.
Insider Activity
In other news, COO Rene Jacobsen sold 10,000 shares of ABM Industries 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 sale, the chief operating officer now owns 87,808 shares of the company’s stock, valued at approximately $4,639,774.72. The trade was a 10.22 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate 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. 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 2.31%. ABM Industries’s payout ratio is 84.13%.
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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