Q1 EPS Estimates for Acuity Brands Lifted by William Blair

Acuity Brands, Inc. (NYSE:AYI) – Stock analysts at William Blair increased their Q1 2025 earnings per share estimates for Acuity Brands in a research report issued on Thursday, January 2nd. William Blair analyst R. Merkel now anticipates that the electronics maker will post earnings per share of $3.63 for the quarter, up from their previous forecast of $3.50. William Blair has a “Outperform” rating on the stock. The consensus estimate for Acuity Brands’ current full-year earnings is $15.51 per share.

Other analysts have also recently issued research reports about the stock. Morgan Stanley started coverage on shares of Acuity Brands in a research note on Monday. They issued an “equal weight” rating and a $304.00 target price on the stock. StockNews.com raised Acuity Brands from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 2nd. Robert W. Baird boosted their price target on Acuity Brands from $280.00 to $318.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. The Goldman Sachs Group increased their price objective on Acuity Brands from $266.00 to $303.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 2nd. Finally, Oppenheimer lifted their price objective on Acuity Brands from $315.00 to $370.00 and gave the company an “outperform” rating in a report on Wednesday, October 2nd. Four research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $320.00.

Acuity Brands Trading Up 2.1 %

Shares of AYI stock opened at $307.80 on Monday. The firm has a fifty day moving average of $314.73 and a 200-day moving average of $278.78. The stock has a market cap of $9.50 billion, a price-to-earnings ratio of 22.90, a P/E/G ratio of 2.09 and a beta of 1.40. Acuity Brands has a 52-week low of $204.34 and a 52-week high of $337.99. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.16 and a current ratio of 2.72.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. UMB Bank n.a. lifted its stake in shares of Acuity Brands by 517.6% during the third quarter. UMB Bank n.a. now owns 105 shares of the electronics maker’s stock valued at $29,000 after acquiring an additional 88 shares during the period. Westside Investment Management Inc. acquired a new position in Acuity Brands during the 3rd quarter valued at about $33,000. V Square Quantitative Management LLC acquired a new position in Acuity Brands during the 3rd quarter valued at about $35,000. Prospera Private Wealth LLC bought a new position in shares of Acuity Brands in the 3rd quarter valued at about $62,000. Finally, Quarry LP grew its position in shares of Acuity Brands by 229.7% during the 3rd quarter. Quarry LP now owns 244 shares of the electronics maker’s stock worth $67,000 after buying an additional 170 shares during the period. 98.21% of the stock is currently owned by institutional investors.

Insider Activity at Acuity Brands

In other Acuity Brands news, SVP Barry R. Goldman sold 5,120 shares of the firm’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $305.00, for a total value of $1,561,600.00. Following the completion of the sale, the senior vice president now owns 8,438 shares in the company, valued at approximately $2,573,590. This trade represents a 37.76 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 2.80% of the company’s stock.

Acuity Brands Company Profile

Acuity Brands, Inc provides lighting, lighting controls, building management system, location-aware applications in the United States and internationally. The company operates in two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the A-Light, Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eureka, Gotham, Healthcare Lighting, Holophane, Hydrel, Indy, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, nLight, OPTOTRONIC, Peerless, RELOCWiring Solutions, and Sensor Switch.