Acuity, Inc. $AYI Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its stake in shares of Acuity, Inc. (NYSE:AYI) by 0.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 229,548 shares of the electronics maker’s stock after selling 1,596 shares during the quarter. Bank of New York Mellon Corp owned about 0.76% of Acuity worth $64,324,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Elyxium Wealth LLC purchased a new position in shares of Acuity during the fourth quarter worth about $25,000. Miller Capital Partners Inc. acquired a new stake in shares of Acuity in the 4th quarter valued at about $27,000. Entrust Financial LLC acquired a new stake in shares of Acuity in the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Acuity during the 4th quarter worth approximately $36,000. Finally, Torren Management LLC purchased a new position in Acuity during the 4th quarter worth approximately $39,000. Institutional investors and hedge funds own 98.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Robert W. Baird boosted their price objective on Acuity from $315.00 to $390.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. The Goldman Sachs Group raised their target price on shares of Acuity from $295.00 to $358.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. Morgan Stanley lifted their target price on shares of Acuity from $400.00 to $410.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. Wall Street Zen upgraded shares of Acuity from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. Finally, TD Cowen reiterated a “buy” rating on shares of Acuity in a research note on Thursday, June 25th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $397.17.

Acuity Stock Performance

Shares of AYI opened at $331.82 on Thursday. The company has a quick ratio of 1.47, a current ratio of 2.05 and a debt-to-equity ratio of 0.24. Acuity, Inc. has a 52-week low of $257.04 and a 52-week high of $380.17. The company has a 50-day simple moving average of $316.73 and a 200-day simple moving average of $304.70. The company has a market capitalization of $9.93 billion, a PE ratio of 22.00, a P/E/G ratio of 1.77 and a beta of 1.27.

Acuity (NYSE:AYI) last released its quarterly earnings data on Thursday, June 25th. The electronics maker reported $5.31 EPS for the quarter, topping analysts’ consensus estimates of $5.17 by $0.14. Acuity had a net margin of 10.25% and a return on equity of 20.26%. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the firm earned $5.12 earnings per share. The firm’s revenue was up 1.6% on a year-over-year basis. Equities research analysts predict that Acuity, Inc. will post 18.44 earnings per share for the current fiscal year.

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 issued a $0.20 dividend. The ex-dividend date is Friday, July 17th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.2%. Acuity’s dividend payout ratio is currently 5.31%.

Insiders Place Their Bets

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

Trending Headlines about Acuity

Here are the key news stories impacting Acuity this week:

• Positive Sentiment: Zacks Research lifted Acuity’s FY2027 EPS estimate to $20.26 from $20.07 and FY2028 EPS to $21.96 from $21.77, suggesting stronger longer-term earnings power.
• Positive Sentiment: The firm also raised its Q3 2027 estimate to $5.53 from $5.32 and Q4 2027 estimate to $5.60 from $5.57, indicating continued confidence in near-term performance.
• Positive Sentiment: Several revised estimates remain above the current full-year consensus of $18.44 EPS, reinforcing the view that Acuity may outperform expectations.
• Neutral Sentiment: Zacks also trimmed a few quarterly estimates, including Q4 2026 to $5.14 from $5.23, Q2 2027 to $4.31 from $4.40, and Q1 2028 to $5.09 from $5.11, which slightly tempers the overall bullish tone.

Acuity 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.