Q2 EPS Estimates for ABM Industries Lifted by Zacks Research

ABM Industries Incorporated (NYSE:ABM - Free Report) - Stock analysts at Zacks Research upped their Q2 2025 earnings per share estimates for shares of ABM Industries in a note issued to investors on Wednesday, April 16th. Zacks Research analyst R. Department now expects that the business services provider will post earnings per share of $0.87 for the quarter, up from their prior estimate of $0.85. 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 $3.72 EPS, Q1 2026 earnings at $0.86 EPS, Q2 2026 earnings at $0.93 EPS, Q3 2026 earnings at $1.07 EPS, Q4 2026 earnings at $1.22 EPS, Q1 2027 earnings at $0.79 EPS and FY2027 earnings at $4.41 EPS.

Separately, UBS Group dropped their target price on shares of ABM Industries from $56.00 to $50.00 and set a "neutral" rating for the company in a research report on Thursday, March 13th.

ABM Industries Trading Up 2.3 %

ABM Industries stock traded up $1.07 during mid-day trading on Friday, hitting $48.34. The company's stock had a trading volume of 186,733 shares, compared to its average volume of 502,133. ABM Industries has a 12 month low of $40.85 and a 12 month high of $59.78. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.33 and a quick ratio of 1.33. The business has a 50 day moving average price of $48.70 and a 200-day moving average price of $52.09. The stock has a market cap of $3.01 billion, a price-to-earnings ratio of 38.06, a price-to-earnings-growth ratio of 2.75 and a beta of 1.05.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Savant Capital LLC grew its holdings in shares of ABM Industries by 1.7% during the fourth quarter. Savant Capital LLC now owns 11,707 shares of the business services provider's stock valued at $599,000 after buying an additional 191 shares during the last quarter. Adirondack Trust Co. lifted its stake in ABM Industries by 28.6% during the 4th quarter. Adirondack Trust Co. now owns 900 shares of the business services provider's stock valued at $46,000 after acquiring an additional 200 shares during the period. Naples Global Advisors LLC increased its stake in shares of ABM Industries by 2.3% in the fourth quarter. Naples Global Advisors LLC now owns 11,038 shares of the business services provider's stock worth $565,000 after acquiring an additional 253 shares during the period. CIBC Asset Management Inc lifted its position in ABM Industries by 4.8% during the fourth quarter. CIBC Asset Management Inc now owns 6,274 shares of the business services provider's stock valued at $321,000 after purchasing an additional 289 shares during the period. Finally, Summit Investment Advisors Inc. boosted its holdings in ABM Industries by 5.2% in the fourth quarter. Summit Investment Advisors Inc. now owns 6,615 shares of the business services provider's stock valued at $339,000 after purchasing an additional 329 shares during the last quarter. 91.62% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at ABM Industries

In related news, COO Rene Jacobsen sold 10,000 shares of the company's stock in a transaction 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 completion of the transaction, the chief operating officer now owns 87,808 shares in the company, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.90% of the stock is owned by corporate insiders.

ABM Industries Announces Dividend

The company 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 $0.265 dividend. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $1.06 dividend on an annualized basis and a dividend yield of 2.19%. ABM Industries's payout ratio is currently 84.13%.

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.