Q2 EPS Estimates for ABM Industries Increased by Analyst

ABM Industries Incorporated (NYSE:ABM) – Equities researchers at William Blair boosted their Q2 2025 earnings per share (EPS) estimates for ABM Industries in a research report issued on Wednesday, December 18th. William Blair analyst T. Mulrooney now expects that the business services provider will post earnings of $0.93 per share for the quarter, up from their previous forecast of $0.91. The consensus estimate for ABM Industries’ current full-year earnings is $3.53 per share.

Several other research analysts have also issued reports on ABM. Truist Financial upped their target price on shares of ABM Industries from $49.00 to $55.00 and gave the stock a “hold” rating in a research report on Monday, September 9th. Robert W. Baird upped their price objective on ABM Industries from $49.00 to $56.00 and gave the stock a “neutral” rating in a report on Monday, September 9th. Finally, 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.

ABM Industries Price Performance

ABM stock opened at $50.34 on Monday. The firm has a 50 day simple moving average of $55.30 and a two-hundred day simple moving average of $53.42. The stock has a market cap of $3.16 billion, a PE ratio of 20.80 and a beta of 1.14. ABM Industries has a one year low of $39.64 and a one year high of $59.78. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.38 and a quick ratio of 1.38.

ABM Industries (NYSE:ABM) last issued its quarterly earnings data on Wednesday, December 18th. The business services provider reported $0.90 EPS for the quarter, topping the consensus estimate of $0.87 by $0.03. The company 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 12.93% and a net margin of 1.89%. ABM Industries’s revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.01 earnings per share.

ABM Industries Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Investors of record on Thursday, January 2nd will be given a $0.265 dividend. This represents a $1.06 dividend on an annualized basis and a yield of 2.11%. The ex-dividend date is Thursday, January 2nd. This is a boost from ABM Industries’s previous quarterly dividend of $0.23. ABM Industries’s dividend payout ratio (DPR) is presently 83.46%.

Insiders Place Their Bets

In other news, CFO Earl Ray Ellis sold 40,000 shares of the stock in a transaction that occurred on Monday, October 14th. The stock was sold at an average price of $53.96, for a total transaction of $2,158,400.00. Following the completion of the sale, the chief financial officer now owns 45,260 shares of the company’s stock, valued at approximately $2,442,229.60. This represents a 46.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.04% of the stock is currently owned by insiders.

Institutional Investors Weigh In On ABM Industries

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its holdings in ABM Industries by 4.9% during the 3rd quarter. Principal Financial Group Inc. now owns 327,631 shares of the business services provider’s stock valued at $17,286,000 after purchasing an additional 15,438 shares during the period. Franklin Resources Inc. bought a new stake in shares of ABM Industries in the 3rd quarter worth approximately $446,000. Tidal Investments LLC increased its stake in shares of ABM Industries by 176.4% during the third quarter. Tidal Investments LLC now owns 23,761 shares of the business services provider’s stock valued at $1,254,000 after buying an additional 15,163 shares during the period. Geode Capital Management LLC raised its holdings in shares of ABM Industries by 0.5% during 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 acquiring an additional 7,050 shares in the last quarter. Finally, Barclays PLC lifted its stake in ABM Industries by 238.7% in the third quarter. Barclays PLC now owns 113,850 shares of the business services provider’s stock worth $6,004,000 after acquiring an additional 80,238 shares during the period. 91.62% of the stock is currently owned by institutional investors.

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.