ABM Industries Incorporated (NYSE:ABM – Free Report) – Analysts at William Blair cut their Q2 2025 earnings estimates for ABM Industries in a research report issued on Wednesday, March 12th. William Blair analyst T. Mulrooney now anticipates that the business services provider will post earnings of $0.89 per share for the quarter, down from their prior estimate of $0.93. The consensus estimate for ABM Industries’ current full-year earnings is $3.71 per share.
Separately, UBS Group decreased their price objective on shares of ABM Industries from $56.00 to $50.00 and set a “neutral” rating for the company in a report on Thursday.
ABM Industries Price Performance
ABM opened at $46.76 on Monday. The company has a market capitalization of $2.91 billion, a P/E ratio of 36.82, a PEG ratio of 2.75 and a beta of 1.13. The company has a 50-day moving average of $52.36 and a 200-day moving average of $53.30. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.33 and a current ratio of 1.33. ABM Industries has a 1-year low of $42.28 and a 1-year high of $59.78.
ABM Industries (NYSE:ABM – Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.08 billion. ABM Industries had a return on equity of 12.48% and a net margin of 0.97%. ABM Industries’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.01 EPS.
ABM Industries Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Stockholders of record on Thursday, April 3rd will be issued a dividend of $0.265 per share. This represents a $1.06 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date of this dividend is Thursday, April 3rd. ABM Industries’s dividend payout ratio (DPR) is 83.46%.
Insider Activity at ABM Industries
In other news, COO Rene Jacobsen sold 10,000 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $52.84, for a total value of $528,400.00. Following the completion of the sale, the chief operating officer now owns 87,808 shares in the company, valued at $4,639,774.72. This represents a 10.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Dean A. Chin sold 4,281 shares of ABM Industries stock in a transaction dated Tuesday, January 14th. The stock was sold at an average price of $52.36, for a total value of $224,153.16. Following the transaction, the chief accounting officer now directly owns 18,681 shares in the company, valued at approximately $978,137.16. The trade was a 18.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.90% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of ABM Industries during the fourth quarter valued at approximately $7,044,000. PharVision Advisers LLC acquired a new position in ABM Industries during the fourth quarter valued at $213,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of ABM Industries by 15.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 171,334 shares of the business services provider’s stock valued at $8,769,000 after purchasing an additional 22,799 shares during the period. Tidal Investments LLC boosted its holdings in shares of ABM Industries by 7.4% during the fourth quarter. Tidal Investments LLC now owns 25,527 shares of the business services provider’s stock worth $1,300,000 after purchasing an additional 1,766 shares during the period. Finally, Raiffeisen Bank International AG acquired a new position in ABM Industries in the 4th quarter valued at approximately $190,000. Institutional investors and hedge funds own 91.62% of the company’s stock.
ABM Industries Company Profile
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.
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