Zacks Research Has Optimistic Outlook of Acuity Q1 Earnings

Acuity, Inc. (NYSE:AYI) – Stock analysts at Zacks Research raised their Q1 2027 earnings per share estimates for shares of Acuity in a research note issued to investors on Thursday, July 16th. Zacks Research analyst Team now forecasts that the electronics maker will post earnings of $4.82 per share for the quarter, up from their prior forecast of $4.77. The consensus estimate for Acuity’s current full-year earnings is $18.44 per share. Zacks Research also issued estimates for Acuity’s Q3 2027 earnings at $5.53 EPS.

Acuity (NYSE:AYI) last released its quarterly earnings data on Thursday, June 25th. The electronics maker reported $5.31 earnings per share for the quarter, topping the consensus estimate of $5.17 by $0.14. The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Acuity had a return on equity of 20.26% and a net margin of 10.25%.The business’s revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the business posted $5.12 EPS.

Other analysts have also issued research reports about the company. Weiss Ratings raised Acuity from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, June 26th. Robert W. Baird boosted their price objective on shares of Acuity from $315.00 to $390.00 and gave the company a “neutral” rating in a research report on Friday, June 26th. Morgan Stanley upped their price objective on shares of Acuity from $400.00 to $410.00 and gave the stock an “overweight” rating in a report on Wednesday, July 1st. Wall Street Zen raised shares of Acuity from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. Finally, Oppenheimer set a $465.00 target price on shares of Acuity in a research note on Friday, June 26th. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $397.17.

Acuity Price Performance

AYI opened at $326.54 on Tuesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.47 and a current ratio of 2.05. The stock has a market capitalization of $9.78 billion, a PE ratio of 21.65, a price-to-earnings-growth ratio of 1.77 and a beta of 1.27. The stock’s 50 day moving average price is $315.77 and its 200-day moving average price is $304.90. Acuity has a 52-week low of $257.04 and a 52-week high of $380.17.

Acuity Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 17th will be given a dividend of $0.20 per share. The ex-dividend date is Friday, July 17th. This represents a $0.80 annualized dividend and a dividend yield of 0.2%. Acuity’s payout ratio is currently 5.31%.

Insiders Place Their Bets

In other news, Director Maya Leibman purchased 200 shares of Acuity stock in a transaction that occurred on Thursday, April 30th. The shares were bought at an average cost of $288.83 per share, with a total value of $57,766.00. Following the completion of the purchase, the director directly owned 400 shares in the company, valued at approximately $115,532. This trade represents a 100.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Acuity

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wedge Capital Management L L P NC boosted its holdings in shares of Acuity by 8.8% during the 2nd quarter. Wedge Capital Management L L P NC now owns 42,944 shares of the electronics maker’s stock valued at $16,175,000 after buying an additional 3,478 shares in the last quarter. Gradient Investments LLC purchased a new position in shares of Acuity during the second quarter valued at approximately $2,753,000. Beacon Investment Advisory Services Inc. boosted its position in shares of Acuity by 13.3% in the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 1,792 shares of the electronics maker’s stock worth $675,000 after purchasing an additional 210 shares in the last quarter. Elevation Wealth Partners LLC boosted its position in shares of Acuity by 110.2% in the 2nd quarter. Elevation Wealth Partners LLC now owns 103 shares of the electronics maker’s stock worth $39,000 after purchasing an additional 54 shares in the last quarter. Finally, 55 North Private Wealth LLC purchased a new stake in shares of Acuity in the 2nd quarter worth approximately $207,000. Hedge funds and other institutional investors own 98.21% of the company’s stock.

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.