ABM Industries (NYSE:ABM) Price Target Cut to $45.00 by Analysts at UBS Group

ABM Industries (NYSE:ABM) had its target price lowered by UBS Group from $51.00 to $45.00 in a research note published on Wednesday morning,Benzinga reports. UBS Group currently has a neutral rating on the business services provider’s stock.

Other analysts have also recently issued research reports about the stock. Truist Financial lowered their price objective on shares of ABM Industries from $47.00 to $45.00 and set a “hold” rating for the company in a research report on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of ABM Industries in a research note on Wednesday, January 21st. Robert W. Baird lowered their price target on ABM Industries from $52.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday. Maxim Group upgraded ABM Industries from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a report on Wednesday. Finally, Wall Street Zen lowered ABM Industries from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, ABM Industries presently has an average rating of “Hold” and a consensus target price of $46.25.

ABM Industries Trading Down 1.1%

Shares of ABM opened at $40.84 on Wednesday. The stock’s fifty day simple moving average is $44.75 and its 200-day simple moving average is $44.75. The firm has a market capitalization of $2.39 billion, a PE ratio of 16.08 and a beta of 0.73. ABM Industries has a 12-month low of $39.12 and a 12-month high of $52.94. The company has a quick ratio of 1.48, a current ratio of 1.50 and a debt-to-equity ratio of 0.93.

ABM Industries (NYSE:ABM) last announced its quarterly earnings data on Tuesday, March 10th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.04). ABM Industries had a net margin of 1.78% and a return on equity of 11.77%. The business had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.19 billion. During the same period in the previous year, the business posted $0.87 earnings per share. ABM Industries’s revenue was up 6.1% compared to the same quarter last year. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS. As a group, research analysts predict that ABM Industries will post 3.71 earnings per share for the current year.

ABM Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Stockholders of record on Thursday, April 2nd will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, April 2nd. ABM Industries’s dividend payout ratio (DPR) is 45.67%.

Insider Buying and Selling

In other news, COO Rene Jacobsen sold 31,034 shares of ABM Industries stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $44.12, for a total transaction of $1,369,220.08. Following the completion of the transaction, the chief operating officer directly owned 51,714 shares in the company, valued at approximately $2,281,621.68. The trade was a 37.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.90% of the company’s stock.

Hedge Funds Weigh In On ABM Industries

A number of large investors have recently made changes to their positions in ABM. Royal Bank of Canada increased its position in ABM Industries by 0.4% during the 1st quarter. Royal Bank of Canada now owns 86,571 shares of the business services provider’s stock worth $4,100,000 after buying an additional 312 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of ABM Industries by 2.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,983 shares of the business services provider’s stock valued at $1,752,000 after acquiring an additional 984 shares during the period. Millennium Management LLC grew its stake in shares of ABM Industries by 2.2% in the first quarter. Millennium Management LLC now owns 79,533 shares of the business services provider’s stock valued at $3,767,000 after acquiring an additional 1,734 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of ABM Industries by 5.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 180,038 shares of the business services provider’s stock valued at $8,527,000 after acquiring an additional 8,704 shares in the last quarter. Finally, Jane Street Group LLC increased its position in ABM Industries by 592.0% during the first quarter. Jane Street Group LLC now owns 140,201 shares of the business services provider’s stock worth $6,640,000 after acquiring an additional 119,942 shares during the period. Institutional investors own 91.62% of the company’s stock.

Key Headlines Impacting ABM Industries

Here are the key news stories impacting ABM Industries this week:

• Positive Sentiment: Maxim Group upgraded ABM from “hold” to “buy” and set a $50 price target, signaling some analyst conviction in recovery potential. Maxim Upgrade
• Positive Sentiment: Board declared a quarterly dividend of $0.29 (annualized yield ~2.8%); ex-dividend date April 2 — supports income investors and can steady demand.
• Positive Sentiment: Revenue beat: Q1 revenue $2.24B topped estimates and organic revenue grew ~6.1%; ABM highlights technology/large‑venue expansion (e.g., Phillies deal) and the WGNSTAR acquisition to strengthen semiconductor services, which could drive higher‑margin opportunities. Phillies Deal WGNSTAR/Guidance
• Neutral Sentiment: Company reaffirmed FY‑2026 EPS guidance of $3.85–$4.15, showing management confidence in the plan but the midpoint is modestly below the Street consensus (~$4.03), leaving room for mixed investor interpretation. Press Release
• Neutral Sentiment: Q1 earnings call and transcript provide detail on margin pressure drivers and the integration plan for WGNSTAR — useful for investors modeling margin recovery timelines. Earnings Transcript
• Negative Sentiment: EPS miss: ABM reported $0.83 EPS vs. $0.87 expected. The earnings shortfall (despite the revenue beat) pressured the stock as investors focus on margins and profitability. Earnings Miss
• Negative Sentiment: Multiple analysts cut price targets (UBS, Truist, Robert W. Baird moved targets down toward $45) and issued neutral/hold ratings, reducing near‑term upside expectations and amplifying selling pressure. Analyst Actions
• Negative Sentiment: Market reaction: coverage and headlines note the stock sliding to a ~52‑week low after the print, reflecting short‑term investor disappointment on the EPS miss and guidance implications. 52-Week Low

About ABM Industries

ABM Industries Incorporated is a leading provider of integrated facility services, offering a comprehensive suite of solutions designed to support the operation, maintenance and enhancement of commercial properties. The company’s core services include janitorial and custodial maintenance, HVAC and mechanical systems support, electrical and lighting solutions, and energy optimization. Additional offerings span parking management, security services, landscaping, and specialized support such as technical solutions and sustainability consulting.

Serving a diverse range of markets, ABM caters to clients in commercial real estate, aviation, healthcare, manufacturing, education, government entities, and technology campuses.