Q2 2025 EPS Estimates for ABM Industries Incorporated (NYSE:ABM) Cut by Analyst

ABM Industries Incorporated (NYSE:ABM) – Research analysts at William Blair lowered their Q2 2025 earnings per share estimates for shares of ABM Industries in a research note issued to investors on Thursday, October 10th. William Blair analyst T. Mulrooney now anticipates that the business services provider will post earnings per share of $0.91 for the quarter, down from their previous estimate of $0.92. The consensus estimate for ABM Industries’ current full-year earnings is $3.53 per share.

ABM Industries (NYSE:ABM) last issued its quarterly earnings results on Friday, September 6th. The business services provider reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.08. The firm had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. ABM Industries had a net margin of 1.89% and a return on equity of 12.93%. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.79 EPS.

A number of other equities analysts also recently issued reports on ABM. Truist Financial raised their price objective on shares of ABM Industries from $49.00 to $55.00 and gave the stock a “hold” rating in a report on Monday, September 9th. Robert W. Baird lifted their price target on shares of ABM Industries from $49.00 to $56.00 and gave the stock a “neutral” rating in a research note on Monday, September 9th. UBS Group raised their price target on shares of ABM Industries from $51.00 to $55.00 and gave the company a “neutral” rating in a report on Monday, September 9th. Finally, StockNews.com downgraded ABM Industries from a “buy” rating to a “hold” rating in a report on Friday, August 2nd.

ABM Industries Price Performance

Shares of NYSE:ABM opened at $53.39 on Monday. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.71. The stock has a market cap of $3.35 billion, a P/E ratio of 13.98 and a beta of 1.14. The company has a 50 day moving average of $52.91 and a 200 day moving average of $49.90. ABM Industries has a 12 month low of $38.48 and a 12 month high of $59.78.

ABM Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 4th. Shareholders of record on Thursday, October 3rd will be paid a $0.225 dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a $0.90 dividend on an annualized basis and a yield of 1.69%. ABM Industries’s dividend payout ratio is presently 23.56%.

Insider Activity at ABM Industries

In other ABM Industries news, CEO Scott B. Salmirs sold 11,736 shares of the company’s stock in a transaction dated Wednesday, July 24th. The shares were sold at an average price of $55.08, for a total transaction of $646,418.88. Following the transaction, the chief executive officer now directly owns 366,655 shares in the company, valued at approximately $20,195,357.40. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.04% of the stock is currently owned by insiders.

Institutional Trading of ABM Industries

Hedge funds have recently added to or reduced their stakes in the business. Pacer Advisors Inc. purchased a new position in shares of ABM Industries in the 2nd quarter valued at $125,118,000. LSV Asset Management lifted its stake in ABM Industries by 92.3% in the second quarter. LSV Asset Management now owns 760,321 shares of the business services provider’s stock valued at $38,449,000 after buying an additional 364,879 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in ABM Industries by 2.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 656,652 shares of the business services provider’s stock valued at $33,207,000 after purchasing an additional 13,126 shares during the period. Pzena Investment Management LLC acquired a new position in shares of ABM Industries during the second quarter worth approximately $21,032,000. Finally, SG Capital Management LLC bought a new position in shares of ABM Industries in the first quarter worth $13,730,000. 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.