Q1 EPS Estimates for ABM Industries Raised by Zacks Research

ABM Industries Incorporated (NYSE:ABM) – Zacks Research lifted their Q1 2025 earnings per share estimates for shares of ABM Industries in a research report issued on Wednesday, January 8th. Zacks Research analyst R. Department now forecasts that the business services provider will earn $0.79 per share for the quarter, up from their prior estimate of $0.76. The consensus estimate for ABM Industries’ current full-year earnings is $3.53 per share. Zacks Research also issued estimates for ABM Industries’ Q2 2025 earnings at $0.83 EPS, Q4 2025 earnings at $1.03 EPS, FY2025 earnings at $3.60 EPS, Q1 2026 earnings at $0.96 EPS, Q2 2026 earnings at $0.97 EPS, Q3 2026 earnings at $1.01 EPS, Q4 2026 earnings at $1.14 EPS and FY2027 earnings at $4.29 EPS.

Separately, UBS Group increased their price objective on ABM Industries from $55.00 to $56.00 and gave the company a “neutral” rating in a research report on Thursday, December 19th.

ABM Industries Stock Down 1.1 %

Shares of ABM opened at $50.43 on Friday. The firm has a market capitalization of $3.14 billion, a price-to-earnings ratio of 20.84 and a beta of 1.16. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.38 and a current ratio of 1.38. The business’s fifty day moving average price is $54.55 and its two-hundred day moving average price is $53.42. ABM Industries has a 52 week low of $39.64 and a 52 week high of $59.78.

ABM Industries (NYSE:ABM) last released its quarterly earnings results on Wednesday, December 18th. The business services provider reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.03. ABM Industries had a return on equity of 12.93% and a net margin of 1.89%. The firm had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $2.08 billion. During the same period last year, the firm posted $1.01 EPS. The business’s revenue was up 4.0% on a year-over-year basis.

ABM Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, January 2nd will be given a $0.265 dividend. This is a positive change from ABM Industries’s previous quarterly dividend of $0.23. This represents a $1.06 annualized dividend and a dividend yield of 2.10%. The ex-dividend date is Thursday, January 2nd. ABM Industries’s dividend payout ratio (DPR) is currently 83.46%.

Insider Transactions at ABM Industries

In other ABM Industries news, CFO Earl Ray Ellis sold 40,000 shares of the business’s stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $53.96, for a total value of $2,158,400.00. Following the completion of the transaction, the chief financial officer now directly owns 45,260 shares of the company’s stock, valued at approximately $2,442,229.60. The trade was a 46.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.04% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of ABM. First Hawaiian Bank raised its holdings in ABM Industries by 32.4% during the fourth quarter. First Hawaiian Bank now owns 10,682 shares of the business services provider’s stock worth $547,000 after acquiring an additional 2,614 shares in the last quarter. Principal Financial Group Inc. raised its holdings in ABM Industries by 4.9% during the third quarter. Principal Financial Group Inc. now owns 327,631 shares of the business services provider’s stock worth $17,286,000 after acquiring an additional 15,438 shares in the last quarter. Franklin Resources Inc. bought a new stake in ABM Industries during the third quarter worth about $446,000. Tidal Investments LLC raised its holdings in ABM Industries by 176.4% during the third quarter. Tidal Investments LLC now owns 23,761 shares of the business services provider’s stock worth $1,254,000 after acquiring an additional 15,163 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in ABM Industries by 0.5% in the third quarter. Geode Capital Management LLC now owns 1,451,252 shares of the business services provider’s stock valued at $76,582,000 after buying an additional 7,050 shares during the period. 91.62% of the stock is owned by institutional investors and hedge funds.

About ABM Industries

ABM Industries Incorporated, through its subsidiaries, engages in the provision of integrated facility, infrastructure, and mobility solutions in the United States and internationally. It operates through Business & Industry, Manufacturing & Distribution, Education, Aviation, and Technical Solutions segments.