Zacks Research Lifts Earnings Estimates for ABM Industries

ABM Industries Incorporated (NYSE:ABM - Free Report) - Equities researchers at Zacks Research boosted their Q2 2025 earnings estimates for ABM Industries in a research report issued to clients and investors on Wednesday, March 26th. Zacks Research analyst R. Department now forecasts that the business services provider will post earnings of $0.85 per share for the quarter, up from their previous estimate of $0.83. The consensus estimate for ABM Industries' current full-year earnings is $3.71 per share. Zacks Research also issued estimates for ABM Industries' Q4 2025 earnings at $1.01 EPS, Q1 2026 earnings at $0.90 EPS and Q3 2026 earnings at $1.03 EPS.

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

ABM Industries Price Performance

Shares of ABM traded up $0.53 during mid-day trading on Monday, hitting $47.89. The company's stock had a trading volume of 447,529 shares, compared to its average volume of 486,729. 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 firm has a 50-day moving average price of $51.39 and a 200 day moving average price of $52.83. ABM Industries has a fifty-two week low of $42.63 and a fifty-two week high of $59.78. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of 37.71, a PEG ratio of 2.75 and a beta of 1.13.

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ABM Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Thursday, April 3rd will be issued a $0.265 dividend. This represents a $1.06 annualized dividend and a dividend yield of 2.21%. The ex-dividend date of this dividend 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 firm'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 value of $528,400.00. Following the completion of the transaction, the chief operating officer now owns 87,808 shares of the company's stock, valued at approximately $4,639,774.72. This trade represents a 10.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Dean A. Chin sold 4,281 shares of the business's stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $52.36, for a total transaction of $224,153.16. Following the sale, the chief accounting officer now directly owns 18,681 shares in the company, valued at approximately $978,137.16. This trade represents a 18.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On ABM Industries

A number of institutional investors have recently bought and sold shares of ABM. American Century Companies Inc. increased its holdings in shares of ABM Industries by 2,322.1% in the 4th quarter. American Century Companies Inc. now owns 1,183,695 shares of the business services provider's stock valued at $60,582,000 after purchasing an additional 1,134,825 shares during the period. Norges Bank acquired a new position in ABM Industries in the 4th quarter valued at approximately $43,967,000. Nuveen Asset Management LLC lifted its position in ABM Industries by 99.2% in the 4th quarter. Nuveen Asset Management LLC now owns 671,266 shares of the business services provider's stock worth $34,355,000 after buying an additional 334,295 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of ABM Industries by 52.1% during the 4th quarter. Bank of America Corp DE now owns 677,811 shares of the business services provider's stock valued at $34,690,000 after buying an additional 232,190 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of ABM Industries by 14.8% during the 4th quarter. Invesco Ltd. now owns 1,517,516 shares of the business services provider's stock valued at $77,666,000 after acquiring an additional 195,978 shares in the last quarter. 91.62% of the stock is currently owned by institutional investors and hedge funds.

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.