Acuity, Inc. $AYI Shares Acquired by Cwm LLC

Cwm LLC increased its holdings in Acuity, Inc. (NYSE:AYI) by 156.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,282 shares of the electronics maker’s stock after purchasing an additional 2,615 shares during the period. Cwm LLC’s holdings in Acuity were worth $1,475,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Brown Advisory Inc. grew its stake in Acuity by 1.8% during the second quarter. Brown Advisory Inc. now owns 2,134 shares of the electronics maker’s stock worth $637,000 after buying an additional 37 shares during the period. Matrix Trust Co grew its stake in shares of Acuity by 8.7% in the second quarter. Matrix Trust Co now owns 565 shares of the electronics maker’s stock valued at $169,000 after buying an additional 45 shares in the last quarter. Private Client Services LLC lifted its position in Acuity by 1.6% during the 3rd quarter. Private Client Services LLC now owns 3,096 shares of the electronics maker’s stock worth $1,066,000 after acquiring an additional 48 shares in the last quarter. Coldstream Capital Management Inc. boosted its holdings in Acuity by 5.4% in the 2nd quarter. Coldstream Capital Management Inc. now owns 955 shares of the electronics maker’s stock worth $285,000 after acquiring an additional 49 shares during the period. Finally, ProShare Advisors LLC boosted its holdings in Acuity by 3.9% in the 2nd quarter. ProShare Advisors LLC now owns 1,357 shares of the electronics maker’s stock worth $405,000 after acquiring an additional 51 shares during the period. 98.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Acuity news, SVP Barry R. Goldman sold 4,489 shares of the company’s stock in a transaction dated Tuesday, October 28th. The stock was sold at an average price of $365.11, for a total value of $1,638,978.79. Following the transaction, the senior vice president directly owned 6,056 shares of the company’s stock, valued at $2,211,106.16. This represents a 42.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.90% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on AYI. Wall Street Zen upgraded Acuity from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 15th. The Goldman Sachs Group raised their price objective on Acuity from $312.00 to $356.00 and gave the company a “neutral” rating in a research note on Thursday, October 2nd. Cowen reiterated a “buy” rating on shares of Acuity in a research note on Thursday, October 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Acuity in a report on Monday, December 29th. Finally, Wells Fargo & Company boosted their price target on Acuity from $380.00 to $405.00 and gave the company an “overweight” rating in a report on Thursday, October 2nd. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Acuity currently has an average rating of “Moderate Buy” and an average target price of $395.17.

Acuity Stock Performance

AYI opened at $372.87 on Monday. The firm has a market cap of $11.45 billion, a PE ratio of 29.76, a P/E/G ratio of 2.00 and a beta of 1.50. The company has a quick ratio of 1.33, a current ratio of 1.95 and a debt-to-equity ratio of 0.33. The business has a fifty day simple moving average of $362.67 and a 200-day simple moving average of $337.72. Acuity, Inc. has a fifty-two week low of $216.81 and a fifty-two week high of $379.17.

Acuity Company Profile

Acuity Brands, Inc (NYSE: AYI) is a leading provider of lighting fixtures, controls and building management solutions designed for commercial, institutional, industrial and residential markets. The company’s core offerings include a broad range of LED luminaires, lighting controls, sensors and networked building systems that enhance energy efficiency, occupant comfort and operational productivity. Acuity Brands’ portfolio spans indoor and outdoor lighting fixtures, emergency lighting, task lighting and architectural products, as well as advanced controls such as daylight harvesting, occupancy sensing and wireless sensor networks.

Beyond traditional lighting, Acuity Brands delivers integrated digital solutions through its Connected Building platform, which combines smart sensors, cloud-based analytics and mobile applications to enable real-time monitoring and remote management of lighting and environmental systems.