ABM Industries Incorporated (NYSE:ABM - Free Report) - Zacks Research boosted their Q3 2025 earnings per share estimates for ABM Industries in a report issued on Wednesday, March 26th. Zacks Research analyst R. Department now forecasts that the business services provider will post earnings of $0.97 per share for the quarter, up from their prior forecast of $0.95. The consensus estimate for ABM Industries' current full-year earnings is $3.71 per share. Zacks Research also issued estimates for ABM Industries' FY2025 earnings at $3.71 EPS, Q2 2026 earnings at $0.94 EPS, Q4 2026 earnings at $1.21 EPS, FY2026 earnings at $4.08 EPS, Q1 2027 earnings at $0.78 EPS and FY2027 earnings at $4.34 EPS.
Separately, UBS Group dropped their price target on ABM Industries from $56.00 to $50.00 and set a "neutral" rating for the company in a research report on Thursday, March 13th.
View Our Latest Report on ABM Industries
ABM Industries Price Performance
Shares of ABM traded up $0.26 on Friday, reaching $47.62. The stock had a trading volume of 100,770 shares, compared to its average volume of 400,245. ABM Industries has a twelve month low of $42.63 and a twelve month high of $59.78. The firm has a market capitalization of $2.96 billion, a PE ratio of 37.49, a PEG ratio of 2.75 and a beta of 1.13. The firm has a 50-day moving average of $51.39 and a 200 day moving average of $52.83. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.73.
ABM Industries Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Thursday, April 3rd will be given a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a yield of 2.23%. The ex-dividend date is Thursday, April 3rd. ABM Industries's payout ratio is 84.13%.
Insider Transactions at ABM Industries
In related news, COO Rene Jacobsen sold 10,000 shares of the company's stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $52.84, for a total transaction of $528,400.00. Following the transaction, the chief operating officer now owns 87,808 shares of the company's stock, valued at approximately $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 at the SEC website. Also, CAO Dean A. Chin sold 4,281 shares of ABM Industries stock in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $52.36, for a total transaction of $224,153.16. Following the completion of the sale, the chief accounting officer now directly owns 18,681 shares of the company's stock, valued at $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. Insiders own 0.90% of the company's stock.
Institutional Trading of ABM Industries
Several hedge funds and other institutional investors have recently added to or reduced their stakes in ABM. SBI Securities Co. Ltd. acquired a new stake in shares of ABM Industries in the fourth quarter worth approximately $33,000. Adirondack Trust Co. boosted its holdings in shares of ABM Industries by 28.6% in the 4th quarter. Adirondack Trust Co. now owns 900 shares of the business services provider's stock valued at $46,000 after purchasing an additional 200 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in shares of ABM Industries by 193.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 903 shares of the business services provider's stock valued at $46,000 after buying an additional 595 shares during the period. Sterling Capital Management LLC increased its holdings in shares of ABM Industries by 834.9% during the 4th quarter. Sterling Capital Management LLC now owns 2,038 shares of the business services provider's stock worth $104,000 after buying an additional 1,820 shares during the last quarter. Finally, Quarry LP raised its position in shares of ABM Industries by 49.7% in the 3rd quarter. Quarry LP now owns 2,171 shares of the business services provider's stock worth $115,000 after buying an additional 721 shares during the period. Hedge funds and other institutional investors own 91.62% of the company's stock.
About ABM Industries
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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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