California Public Employees Retirement System Has $20.02 Million Stock Position in Acuity, Inc. $AYI

California Public Employees Retirement System boosted its holdings in shares of Acuity, Inc. (NYSE:AYI) by 3.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 71,436 shares of the electronics maker’s stock after buying an additional 2,368 shares during the quarter. California Public Employees Retirement System owned approximately 0.24% of Acuity worth $20,018,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of AYI. Orion Porfolio Solutions LLC increased its holdings in shares of Acuity by 50,220.2% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 2,268,433 shares of the electronics maker’s stock worth $676,764,000 after acquiring an additional 2,263,925 shares during the last quarter. M&T Bank Corp lifted its holdings in Acuity by 6,496.7% during the 4th quarter. M&T Bank Corp now owns 692,189 shares of the electronics maker’s stock valued at $249,216,000 after purchasing an additional 681,696 shares during the last quarter. Norges Bank acquired a new stake in Acuity during the 4th quarter valued at $138,747,000. Palestra Capital Management LLC bought a new position in Acuity during the third quarter worth $91,539,000. Finally, Adage Capital Partners GP L.L.C. acquired a new position in shares of Acuity in the fourth quarter valued at $78,249,000. Institutional investors own 98.21% of the company’s stock.

Wall Street Analysts Forecast Growth

AYI has been the subject of a number of research reports. Weiss Ratings upgraded shares of Acuity from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, June 26th. Oppenheimer set a $465.00 price target on shares of Acuity in a report on Friday, June 26th. The Goldman Sachs Group raised their price objective 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. TD Cowen restated a “buy” rating on shares of Acuity in a report on Thursday, June 25th. Finally, Morgan Stanley upped their target price on Acuity from $400.00 to $410.00 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $397.17.

Acuity Stock Performance

Shares of NYSE:AYI opened at $331.82 on Thursday. Acuity, Inc. has a 12-month low of $257.04 and a 12-month high of $380.17. The company’s 50 day moving average price is $316.73 and its two-hundred day moving average price is $304.70. The firm has a market cap of $9.93 billion, a PE ratio of 22.00, a PEG ratio of 1.77 and a beta of 1.27. 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 (NYSE:AYI) last issued its quarterly earnings results on Thursday, June 25th. The electronics maker reported $5.31 earnings per share (EPS) for the quarter, beating 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 firm’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted $5.12 earnings per share. Equities research analysts predict that Acuity, Inc. will post 18.44 earnings per share for the current year.

Acuity Announces Dividend

The company also recently disclosed 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 of this dividend is Friday, July 17th. This represents a $0.80 annualized dividend and a yield of 0.2%. Acuity’s dividend payout ratio is currently 5.31%.

Insider Activity at Acuity

In other news, Director Maya Leibman bought 200 shares of the company’s stock in a transaction dated Thursday, April 30th. The stock was bought at an average cost of $288.83 per share, for a total transaction of $57,766.00. Following the transaction, the director owned 400 shares of the company’s stock, valued at $115,532. This represents a 100.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.90% of the company’s stock.

Acuity News Summary

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 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.