Analysts Issue Forecasts for ABM Industries FY2026 Earnings

ABM Industries Incorporated (NYSE:ABM) – Investment analysts at Zacks Research reduced their FY2026 earnings estimates for ABM Industries in a note issued to investors on Monday, March 30th. Zacks Research analyst Team now forecasts that the business services provider will post earnings of $3.91 per share for the year, down from their prior forecast of $3.95. The consensus estimate for ABM Industries’ current full-year earnings is $3.71 per share. Zacks Research also issued estimates for ABM Industries’ FY2027 earnings at $4.37 EPS.

ABM Industries (NYSE:ABM) last posted its quarterly earnings data on Tuesday, March 10th. The business services provider reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.87 by ($0.04). The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.19 billion. ABM Industries had a return on equity of 11.77% and a net margin of 1.78%.The business’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.87 EPS. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS.

ABM has been the topic of a number of other research reports. Robert W. Baird reduced their price objective on ABM Industries from $52.00 to $45.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 11th. Weiss Ratings restated a “hold (c)” rating on shares of ABM Industries in a research note on Wednesday, January 21st. Truist Financial cut their price target on ABM Industries from $47.00 to $45.00 and set a “hold” rating for the company in a report on Wednesday, March 11th. Wall Street Zen downgraded shares of ABM Industries from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Finally, Maxim Group raised shares of ABM Industries from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a report on Wednesday, March 11th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $46.25.

ABM Industries Stock Down 0.1%

NYSE ABM opened at $38.67 on Wednesday. The stock’s 50 day simple moving average is $42.74 and its 200 day simple moving average is $43.68. ABM Industries has a one year low of $36.96 and a one year high of $52.94. The firm has a market cap of $2.26 billion, a PE ratio of 15.22 and a beta of 0.74. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.50 and a quick ratio of 1.50.

ABM Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 4th. Stockholders of record on Thursday, April 2nd will be paid a $0.29 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.0%. ABM Industries’s dividend payout ratio is 45.67%.

Insider Activity

In other news, COO Rene Jacobsen sold 31,034 shares of the firm’s stock in a transaction on 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 transaction, the chief operating officer directly owned 51,714 shares in the company, valued at $2,281,621.68. This trade represents a 37.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.90% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On ABM Industries

Hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd grew its position in shares of 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. First Horizon Corp raised its position in shares of ABM Industries by 141.4% in the 4th quarter. First Horizon Corp now owns 886 shares of the business services provider’s stock valued at $37,000 after acquiring an additional 519 shares during the period. Quarry LP raised its position in shares of ABM Industries by 667.0% in the 3rd 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 period. Covestor Ltd boosted its stake in ABM Industries by 89.1% during the 4th quarter. Covestor Ltd now owns 1,055 shares of the business services provider’s stock worth $45,000 after acquiring an additional 497 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC bought a new position in ABM Industries during the 4th quarter worth approximately $46,000. Institutional investors and hedge funds own 91.62% of the company’s stock.

About ABM Industries

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.