Acuity, Inc. (NYSE:AYI) Receives $395.17 Consensus Price Target from Analysts

Shares of Acuity, Inc. (NYSE:AYI) have earned an average rating of “Moderate Buy” from the ten brokerages that are currently covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $395.1667.

A number of equities research analysts have commented on the company. Oppenheimer raised their target price on Acuity from $380.00 to $435.00 and gave the company an “outperform” rating in a report on Thursday, October 2nd. Morgan Stanley increased their price target on shares of Acuity from $365.00 to $425.00 and gave the company an “overweight” rating in a report on Thursday, October 2nd. Robert W. Baird raised their price objective on shares of Acuity from $335.00 to $360.00 and gave the company a “neutral” rating in a research note on Thursday, September 25th. TD Cowen boosted their price objective on shares of Acuity from $330.00 to $390.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Finally, Zacks Research cut shares of Acuity from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th.

Acuity Stock Performance

NYSE AYI opened at $364.16 on Friday. The stock has a market capitalization of $11.15 billion, a price-to-earnings ratio of 29.06, a PEG ratio of 1.94 and a beta of 1.62. The business’s 50 day moving average is $354.58 and its two-hundred day moving average is $318.06. Acuity has a 12-month low of $216.81 and a 12-month high of $375.67. The company has a current ratio of 1.95, a quick ratio of 1.33 and a debt-to-equity ratio of 0.33.

Acuity (NYSE:AYI) last posted its quarterly earnings results on Wednesday, October 1st. The electronics maker reported $5.20 EPS for the quarter, beating the consensus estimate of $4.84 by $0.36. Acuity had a return on equity of 20.81% and a net margin of 9.13%.The business had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same period last year, the firm earned $4.30 EPS. The company’s quarterly revenue was up 17.1% compared to the same quarter last year. Acuity has set its FY 2026 guidance at 19.000-20.500 EPS. Research analysts expect that Acuity will post 15.86 EPS for the current year.

Acuity Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, November 3rd. Investors of record on Friday, October 17th were issued a $0.17 dividend. The ex-dividend date was Friday, October 17th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.2%. Acuity’s dividend payout ratio is currently 5.43%.

Insider Transactions at Acuity

In related news, SVP Barry R. Goldman sold 4,687 shares of Acuity stock in a transaction on Friday, October 24th. The stock was sold at an average price of $368.01, for a total transaction of $1,724,862.87. Following the completion of the transaction, the senior vice president directly owned 10,545 shares of the company’s stock, valued at approximately $3,880,665.45. The trade was a 30.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 2.80% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Acuity in the 1st quarter worth about $6,562,000. Burney Co. increased its holdings in Acuity by 12.7% during the 1st quarter. Burney Co. now owns 1,272 shares of the electronics maker’s stock valued at $335,000 after acquiring an additional 143 shares in the last quarter. Avantax Advisory Services Inc. raised its position in Acuity by 24.1% during the first quarter. Avantax Advisory Services Inc. now owns 958 shares of the electronics maker’s stock worth $252,000 after acquiring an additional 186 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of Acuity by 22.3% in the first quarter. Cetera Investment Advisers now owns 9,236 shares of the electronics maker’s stock valued at $2,432,000 after purchasing an additional 1,686 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Acuity by 6.7% in the first quarter. Skandinaviska Enskilda Banken AB publ now owns 77,657 shares of the electronics maker’s stock valued at $20,451,000 after purchasing an additional 4,896 shares in the last quarter. Hedge funds and other institutional investors own 98.21% of the company’s stock.

Acuity 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.