ABM Industries Q2 EPS Estimate Increased by William Blair

ABM Industries Incorporated (NYSE:ABM - Free Report) - William Blair upped their Q2 2025 earnings per share estimates for shares of ABM Industries in a research report issued to clients and investors on Wednesday, December 18th. William Blair analyst T. Mulrooney now forecasts that the business services provider will post earnings per share of $0.93 for the quarter, up from their previous 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 posted its earnings results on Wednesday, December 18th. The business services provider reported $0.90 EPS for the quarter, beating analysts' consensus estimates of $0.87 by $0.03. ABM Industries had a net margin of 1.89% and a return on equity of 12.93%. The firm had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $2.08 billion. During the same period last year, the firm posted $1.01 EPS. The company's revenue was up 4.0% on a year-over-year basis.

Other equities research analysts have also recently issued research reports about the company. Truist Financial boosted their price objective on ABM Industries from $49.00 to $55.00 and gave the company a "hold" rating in a research note on Monday, September 9th. UBS Group upped their target price on shares of ABM Industries from $55.00 to $56.00 and gave the company a "neutral" rating in a report on Thursday. Finally, Robert W. Baird raised their price target on ABM Industries from $49.00 to $56.00 and gave the stock a "neutral" rating in a report on Monday, September 9th.

ABM Industries Stock Performance

Shares of ABM traded up $0.01 during midday trading on Monday, reaching $50.35. 385,509 shares of the stock were exchanged, compared to its average volume of 534,479. ABM Industries has a twelve month low of $39.64 and a twelve month 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 $3.13 billion, a price-to-earnings ratio of 20.81 and a beta of 1.14. The business's 50-day moving average price is $55.30 and its 200 day moving average price is $53.42.

Institutional Trading of ABM Industries

A number of institutional investors have recently added to or reduced their stakes in the stock. Principal Financial Group Inc. grew its holdings in shares of ABM Industries by 4.9% in the 3rd 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 during the period. Franklin Resources Inc. purchased a new position in shares of ABM Industries in the third quarter valued at $446,000. Tidal Investments LLC raised its stake in shares of ABM Industries by 176.4% during the 3rd quarter. Tidal Investments LLC now owns 23,761 shares of the business services provider's stock worth $1,254,000 after buying an additional 15,163 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of ABM Industries by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,451,252 shares of the business services provider's stock worth $76,582,000 after buying an additional 7,050 shares in the last quarter. Finally, Barclays PLC grew its stake in ABM Industries by 238.7% in the 3rd quarter. Barclays PLC now owns 113,850 shares of the business services provider's stock valued at $6,004,000 after acquiring an additional 80,238 shares during the last quarter. Hedge funds and other institutional investors own 91.62% of the company's stock.

Insider Activity at ABM Industries

In other ABM Industries news, CFO Earl Ray Ellis sold 40,000 shares of the firm's stock in a transaction on 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 sale, the chief financial officer now owns 45,260 shares of the company's stock, valued at approximately $2,442,229.60. This trade represents a 46.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.04% of the stock is owned by insiders.

ABM Industries Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, January 2nd will be paid a dividend of $0.265 per share. This represents a $1.06 dividend on an annualized basis and a dividend yield of 2.11%. This is a positive change from ABM Industries's previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Thursday, January 2nd. ABM Industries's payout ratio is 83.46%.

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.