Zacks Research Reduces Earnings Estimates for ABM Industries

ABM Industries Incorporated (NYSE:ABM) – Analysts at Zacks Research lowered their FY2026 earnings per share estimates for shares of ABM Industries in a note issued to investors on Monday, March 30th. Zacks Research analyst Team now forecasts that the business services provider will post earnings of $3.91 per share for the year, down from their prior forecast of $3.95. The consensus estimate for ABM Industries’ current full-year earnings is $3.71 per share. Zacks Research also issued estimates for ABM Industries’ FY2027 earnings at $4.37 EPS.

ABM Industries (NYSE:ABM) last announced its quarterly earnings results 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 return on equity of 11.77% and a net margin of 1.78%.The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.19 billion. During the same period in the previous year, the company posted $0.87 earnings per share. The company’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.

Other research analysts have also issued reports about the stock. Robert W. Baird reduced their price target on shares of ABM Industries from $52.00 to $45.00 and set a “neutral” rating for the company in a research report on Wednesday, March 11th. Weiss Ratings reiterated a “hold (c)” rating on shares of ABM Industries in a research report on Wednesday, January 21st. UBS Group dropped their price objective on ABM Industries from $51.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, March 11th. Wall Street Zen cut ABM Industries from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Finally, Truist Financial decreased their target price on ABM Industries from $47.00 to $45.00 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, ABM Industries presently has an average rating of “Hold” and a consensus target price of $46.25.

ABM Industries Stock Performance

ABM Industries stock opened at $38.71 on Wednesday. ABM Industries has a 1-year low of $36.96 and a 1-year high of $52.94. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $2.27 billion, a PE ratio of 15.24 and a beta of 0.74. The firm’s 50 day simple moving average is $42.89 and its 200 day simple moving average is $43.71.

ABM Industries Announces Dividend

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

Insiders Place Their Bets

In related news, COO Rene Jacobsen sold 31,034 shares of the firm’s 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 transaction, the chief operating officer directly owned 51,714 shares in the company, valued at $2,281,621.68. This trade represents a 37.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.90% of the stock is owned by corporate insiders.

Institutional Trading of ABM Industries

Institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its holdings in shares of ABM Industries by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,051,834 shares of the business services provider’s stock worth $171,394,000 after purchasing an additional 31,709 shares during the last quarter. Invesco Ltd. raised its holdings in ABM Industries by 31.7% during the 3rd quarter. Invesco Ltd. now owns 2,390,863 shares of the business services provider’s stock valued at $110,267,000 after buying an additional 575,273 shares during the last quarter. Nordea Investment Management AB raised its holdings in 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 during the last quarter. Pzena Investment Management LLC boosted its position in ABM Industries by 0.6% during the 4th quarter. Pzena Investment Management LLC now owns 1,171,529 shares of the business services provider’s stock valued at $49,556,000 after buying an additional 6,687 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in ABM Industries by 419.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,111,320 shares of the business services provider’s stock valued at $51,254,000 after buying an additional 897,402 shares during the period. Hedge funds and other 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: ABM was included in a Benzinga roundup of industrials delivering high dividend yields — that visibility can boost demand from income-oriented investors seeking yield and stability. Wall Street’s Most Accurate Analysts Spotlight On 3 Industrials Stocks Delivering High-Dividend Yields
• Positive Sentiment: Zacks Research posted several small upward revisions to near-term quarters (examples include Q2 2026: $0.91→$0.92, Q4 2026: $1.19→$1.20, Q2 2027: $1.03→$1.05 and Q1 2028: $1.01→$1.02) — these marginal raises can support sentiment that recent operational momentum remains intact. MarketBeat: Zacks estimate updates for ABM
• Neutral Sentiment: Zacks’ published quarter-by-quarter model now lays out multiple quarterly forecasts through Q1 2028 (useful for modeling cash flow and dividend coverage) — this detail helps investors refine valuation but is incremental news rather than a catalyst by itself. MarketBeat: Zacks quarter-by-quarter estimates
• Negative Sentiment: Zacks trimmed some EPS estimates (FY2026 from $3.95→$3.91 and FY2027 from $4.38→$4.37) and cut a few quarterly forecasts (e.g., Q3 2026 and Q3 2027) — those downward adjustments, while modest, could weigh on expectations for margin expansion and valuation if other firms follow suit. MarketBeat: Zacks estimate reductions for ABM

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.