ABM Industries (NYSE:ABM) Price Target Cut to $45.00 by Analysts at Robert W. Baird

ABM Industries (NYSE:ABM) had its target price reduced by Robert W. Baird from $52.00 to $45.00 in a report issued on Wednesday morning,Benzinga reports. Robert W. Baird currently has a neutral rating on the business services provider’s stock.

ABM has been the subject of a number of other research reports. Truist Financial reaffirmed a “hold” rating and issued a $47.00 price target (down from $58.00) on shares of ABM Industries in a research note on Wednesday, January 21st. Maxim Group raised shares of ABM Industries from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research report on Wednesday. UBS Group restated a “neutral” rating and issued a $51.00 price objective (down from $55.00) on shares of ABM Industries in a report on Thursday, December 18th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ABM Industries in a research report on Wednesday, January 21st. Finally, Wall Street Zen lowered shares of ABM Industries from a “buy” rating to a “hold” rating in a research note on Saturday, December 13th. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $46.25.

ABM Industries Price Performance

ABM stock opened at $40.84 on Wednesday. The firm has a market cap of $2.39 billion, a P/E ratio of 16.08 and a beta of 0.73. The firm’s fifty day moving average is $44.75 and its 200 day moving average is $44.75. ABM Industries has a 52 week low of $39.12 and a 52 week high of $52.94. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.48 and a current ratio of 1.50.

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 return on equity of 11.77% and a net margin of 1.78%.The company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.19 billion. During the same period last year, the firm earned $0.87 earnings per share. ABM Industries’s revenue for the quarter was up 6.1% on a year-over-year basis. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS. Research analysts predict that ABM Industries will post 3.71 earnings per share for the current year.

ABM Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Investors of record on Thursday, April 2nd will be paid a dividend of $0.29 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.16 annualized dividend and a yield of 2.8%. ABM Industries’s payout ratio is presently 45.67%.

Insider Buying and Selling at ABM Industries

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

Institutional Investors Weigh In On ABM Industries

Several large investors have recently bought and sold shares of ABM. Caitong International Asset Management Co. Ltd raised its position in ABM Industries by 590.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 608 shares of the business services provider’s stock worth $28,000 after buying an additional 520 shares during the last quarter. First Horizon Corp boosted its holdings in shares of ABM Industries by 141.4% during the 4th quarter. First Horizon Corp now owns 886 shares of the business services provider’s stock valued at $37,000 after acquiring an additional 519 shares during the last quarter. Quarry LP grew its stake in shares of ABM Industries by 667.0% in the third quarter. Quarry LP now owns 882 shares of the business services provider’s stock worth $41,000 after acquiring an additional 767 shares during the period. Covestor Ltd grew its stake in shares of ABM Industries by 89.1% in the fourth quarter. Covestor Ltd now owns 1,055 shares of the business services provider’s stock worth $45,000 after acquiring an additional 497 shares during the period. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of ABM Industries during the fourth quarter valued at approximately $46,000. 91.62% of the stock is currently owned by institutional investors.

ABM Industries News Summary

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.