Q2 EPS Estimates for ABM Industries Boosted by Analyst

ABM Industries Incorporated (NYSE:ABM) – Stock analysts at Zacks Research lifted their Q2 2026 EPS estimates for ABM Industries in a report released on Monday, March 30th. Zacks Research analyst Team now expects that the business services provider will post earnings per share of $0.92 for the quarter, up from their previous forecast of $0.91. The consensus estimate for ABM Industries’ current full-year earnings is $3.71 per share. Zacks Research also issued estimates for ABM Industries’ Q3 2026 earnings at $0.96 EPS, Q4 2026 earnings at $1.20 EPS, Q2 2027 earnings at $1.05 EPS, Q3 2027 earnings at $1.08 EPS, Q4 2027 earnings at $1.23 EPS and Q1 2028 earnings at $1.02 EPS.

ABM Industries (NYSE:ABM) last announced its quarterly earnings results on Tuesday, March 10th. The business services provider reported $0.83 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 for the quarter, compared to analysts’ expectations of $2.19 billion. During the same quarter in the previous year, the company posted $0.87 earnings per share. The business’s quarterly 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.

Several other equities analysts have also recently weighed in on the company. Truist Financial reduced their price target on ABM Industries from $47.00 to $45.00 and set a “hold” rating for the company in a research report on Wednesday, March 11th. Wall Street Zen lowered ABM Industries from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of ABM Industries in a research report on Wednesday, January 21st. Maxim Group raised shares of ABM Industries from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a report on Wednesday, March 11th. Finally, Robert W. Baird cut their price target on shares of ABM Industries from $52.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $46.25.

ABM Industries Trading Up 1.4%

Shares of ABM stock opened at $38.42 on Tuesday. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 15.12 and a beta of 0.73. The company’s fifty day simple moving average is $43.04 and its two-hundred day simple moving average is $43.75. ABM Industries has a 1 year low of $36.96 and a 1 year high of $52.94. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.50 and a quick ratio of 1.50.

ABM Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, May 4th. Shareholders of record on Thursday, April 2nd will be paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, April 2nd. ABM Industries’s payout ratio is currently 45.67%.

Insider Activity at ABM Industries

In other news, COO Rene Jacobsen sold 31,034 shares of the stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $44.12, for a total value of $1,369,220.08. Following the transaction, the chief operating officer owned 51,714 shares of the company’s stock, valued at $2,281,621.68. This represents a 37.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Public Sector Pension Investment Board boosted its holdings in shares of ABM Industries by 14.5% in the 3rd quarter. Public Sector Pension Investment Board now owns 242,869 shares of the business services provider’s stock worth $11,201,000 after purchasing an additional 30,761 shares in the last quarter. Nordea Investment Management AB raised its holdings in shares of ABM Industries by 1,068.7% during the 3rd quarter. Nordea Investment Management AB now owns 1,606,331 shares of the business services provider’s stock valued at $73,297,000 after buying an additional 1,468,887 shares in the last quarter. Invenomic Capital Management LP raised its holdings in shares of ABM Industries by 86.6% during the 3rd quarter. Invenomic Capital Management LP now owns 499,838 shares of the business services provider’s stock valued at $23,053,000 after buying an additional 231,988 shares in the last quarter. AlphaQuest LLC bought a new stake in ABM Industries in the 3rd quarter worth approximately $4,329,000. Finally, Kennondale Capital Management LLC lifted its position in ABM Industries by 85.6% in the 3rd quarter. Kennondale Capital Management LLC now owns 65,779 shares of the business services provider’s stock worth $3,034,000 after buying an additional 30,343 shares during the last quarter. 91.62% of the stock is currently owned by hedge funds and other institutional investors.

ABM Industries Company Profile

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.