ABM Industries Incorporated (NYSE:ABM - Free Report) - Equities research analysts at William Blair increased their Q2 2025 earnings per share (EPS) estimates for shares of ABM Industries in a research note issued to investors on Wednesday, December 18th. William Blair analyst T. Mulrooney now anticipates that the business services provider will post earnings of $0.93 per share for the quarter, up from their prior estimate of $0.91. The consensus estimate for ABM Industries' current full-year earnings is $3.53 per share.
ABM Industries (NYSE:ABM - Get Free Report) last announced its earnings results on Wednesday, December 18th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.03. The company had revenue of $2.18 billion for the quarter, compared to analysts' expectations of $2.08 billion. ABM Industries had a return on equity of 12.93% and a net margin of 1.89%. ABM Industries's quarterly 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.
Other research analysts have also issued reports about the stock. UBS Group raised their price target on shares of ABM Industries from $55.00 to $56.00 and gave the company a "neutral" rating in a research report on Thursday. Robert W. Baird boosted their target price on ABM Industries from $49.00 to $56.00 and gave the stock a "neutral" rating in a research note on Monday, September 9th. Finally, Truist Financial upped their target price on ABM Industries from $49.00 to $55.00 and gave the company a "hold" rating in a report on Monday, September 9th.
Check Out Our Latest Stock Report on ABM Industries
ABM opened at $50.34 on Monday. ABM Industries has a 1 year low of $39.64 and a 1 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. The company has a market capitalization of $3.16 billion, a price-to-earnings ratio of 20.80 and a beta of 1.14. The firm's fifty day moving average price is $55.30 and its two-hundred day moving average price is $53.42.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders 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. The ex-dividend date is Thursday, January 2nd. This represents a $1.06 annualized dividend and a yield of 2.11%. ABM Industries's payout ratio is currently 83.46%.
In other news, CFO Earl Ray Ellis sold 40,000 shares of the stock in a transaction 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 transaction, the chief financial officer now owns 45,260 shares in the company, valued at approximately $2,442,229.60. This represents a 46.92 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.04% of the company's stock.
Institutional investors 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 second quarter valued at $125,118,000. Geode Capital Management LLC grew its holdings in ABM Industries by 0.5% during the 3rd 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 in the last quarter. LSV Asset Management increased its position in shares of ABM Industries by 92.3% during 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 period. Pzena Investment Management LLC lifted its holdings in shares of ABM Industries by 67.0% in the third quarter. Pzena Investment Management LLC now owns 694,464 shares of the business services provider's stock worth $36,640,000 after buying an additional 278,575 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of ABM Industries by 1.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 681,006 shares of the business services provider's stock valued at $35,930,000 after acquiring an additional 12,179 shares during the period. 91.62% of the stock is owned by hedge funds and other institutional investors.
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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