ABM Industries Incorporated (NYSE:ABM) Given Consensus Rating of “Hold” by Brokerages

ABM Industries Incorporated (NYSE:ABM) has been assigned an average rating of “Hold” from the five analysts that are presently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $54.3333.

Several equities research analysts recently issued reports on ABM shares. UBS Group reaffirmed a “neutral” rating and set a $51.00 price target (down from $55.00) on shares of ABM Industries in a report on Thursday, December 18th. Weiss Ratings restated a “hold (c)” rating on shares of ABM Industries in a research report on Wednesday, October 8th. Finally, Wall Street Zen cut shares of ABM Industries from a “buy” rating to a “hold” rating in a research note on Saturday, December 13th.

ABM Industries Trading Up 2.3%

Shares of ABM stock opened at $45.00 on Friday. ABM Industries has a fifty-two week low of $40.00 and a fifty-two week high of $54.90. The stock’s fifty day moving average price is $43.36 and its two-hundred day moving average price is $45.54. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.48 and a current ratio of 1.48. The company has a market cap of $2.71 billion, a PE ratio of 17.37 and a beta of 0.75.

ABM Industries (NYSE:ABM) last announced its quarterly earnings data on Wednesday, December 17th. The business services provider reported $0.88 earnings per share for the quarter, missing the consensus estimate of $1.09 by ($0.21). ABM Industries had a return on equity of 11.96% and a net margin of 1.86%.The business had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the prior year, the company earned $0.90 earnings per share. ABM Industries’s quarterly revenue was up 5.4% compared to the same quarter last year. ABM Industries has set its FY 2026 guidance at 3.850-4.15 EPS. Equities analysts predict that ABM Industries will post 3.71 EPS for the current fiscal year.

ABM Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Wednesday, January 14th will be given a dividend of $0.29 per share. The ex-dividend date is Wednesday, January 14th. This represents a $1.16 dividend on an annualized basis and a yield of 2.6%. This is an increase from ABM Industries’s previous quarterly dividend of $0.27. ABM Industries’s dividend payout ratio is presently 44.79%.

Insider Buying and Selling

In other ABM Industries news, COO Rene Jacobsen sold 31,034 shares of the stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $44.12, for a total value of $1,369,220.08. Following the completion of the transaction, the chief operating officer directly owned 51,714 shares in the company, valued at approximately $2,281,621.68. This trade represents a 37.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ABM. Caitong International Asset Management Co. Ltd boosted its position in ABM Industries by 590.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 608 shares of the business services provider’s stock worth $28,000 after buying an additional 520 shares during the period. Quarry LP raised its stake in shares of ABM Industries by 667.0% during the third quarter. Quarry LP now owns 882 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 767 shares during the last quarter. Federated Hermes Inc. lifted its holdings in shares of ABM Industries by 34.7% during the third quarter. Federated Hermes Inc. now owns 1,239 shares of the business services provider’s stock worth $57,000 after purchasing an additional 319 shares during the period. Kiker Wealth Management LLC acquired a new position in shares of ABM Industries during the second quarter worth $61,000. Finally, Parkside Financial Bank & Trust grew its stake in shares of ABM Industries by 18.0% in the second quarter. Parkside Financial Bank & Trust now owns 1,612 shares of the business services provider’s stock worth $76,000 after purchasing an additional 246 shares during the last quarter. Institutional investors own 91.62% of the company’s stock.

ABM Industries Company Profile

ABM Industries Incorporated is a leading provider of integrated facility services, offering a comprehensive suite of solutions designed to support the operation, maintenance and enhancement of commercial properties. The company’s core services include janitorial and custodial maintenance, HVAC and mechanical systems support, electrical and lighting solutions, and energy optimization. Additional offerings span parking management, security services, landscaping, and specialized support such as technical solutions and sustainability consulting.

Serving a diverse range of markets, ABM caters to clients in commercial real estate, aviation, healthcare, manufacturing, education, government entities, and technology campuses.