California Public Employees Retirement System Has $20.02 Million Stock Position in Acuity, Inc. $AYI

California Public Employees Retirement System grew its stake in shares of Acuity, Inc. (NYSE:AYI) by 3.4% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 71,436 shares of the electronics maker’s stock after acquiring an additional 2,368 shares during the period. California Public Employees Retirement System’s holdings in Acuity were worth $20,018,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. NewEdge Advisors LLC boosted its holdings in shares of Acuity by 8,338.5% during the 1st quarter. NewEdge Advisors LLC now owns 1,097 shares of the electronics maker’s stock valued at $289,000 after acquiring an additional 1,084 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Acuity by 17.0% in the first quarter. Goldman Sachs Group Inc. now owns 76,543 shares of the electronics maker’s stock valued at $20,158,000 after purchasing an additional 11,144 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Acuity by 372.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 208 shares of the electronics maker’s stock valued at $62,000 after purchasing an additional 164 shares in the last quarter. Brown Advisory Inc. boosted its stake in shares of Acuity by 1.8% during the second quarter. Brown Advisory Inc. now owns 2,134 shares of the electronics maker’s stock valued at $637,000 after purchasing an additional 37 shares in the last quarter. Finally, Jump Financial LLC bought a new stake in shares of Acuity during the second quarter worth about $762,000. 98.21% of the stock is currently owned by institutional investors.

Insider Activity at Acuity

In related news, Director Maya Leibman acquired 200 shares of the stock in a transaction dated Thursday, April 30th. The stock was bought at an average price of $288.83 per share, for a total transaction of $57,766.00. Following the purchase, the director directly owned 400 shares of the company’s stock, valued at $115,532. The trade was a 100.00% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.90% of the stock is currently owned by company insiders.

Acuity Stock Performance

AYI stock opened at $331.82 on Thursday. The firm has a market cap of $9.93 billion, a PE ratio of 22.00, a price-to-earnings-growth ratio of 1.77 and a beta of 1.27. The company has a current ratio of 2.05, a quick ratio of 1.47 and a debt-to-equity ratio of 0.24. The stock has a 50-day moving average price of $316.73 and a 200-day moving average price of $304.70. Acuity, Inc. has a 1-year low of $257.04 and a 1-year high of $380.17.

Acuity (NYSE:AYI) last released its earnings results on Thursday, June 25th. The electronics maker reported $5.31 EPS for the quarter, topping the consensus estimate of $5.17 by $0.14. The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Acuity had a return on equity of 20.26% and a net margin of 10.25%.The firm’s revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the firm posted $5.12 earnings per share. As a group, equities research analysts expect that Acuity, Inc. will post 18.44 earnings per share for the current year.

Acuity Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 17th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, July 17th. This represents a $0.80 annualized dividend and a dividend yield of 0.2%. Acuity’s dividend payout ratio (DPR) is 5.31%.

Analyst Ratings Changes

AYI has been the topic of several recent research reports. Robert W. Baird lifted their target price on shares of Acuity from $315.00 to $390.00 and gave the stock a “neutral” rating in a research report on Friday, June 26th. Weiss Ratings upgraded shares of Acuity from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, June 26th. The Goldman Sachs Group boosted their price objective on shares of Acuity from $295.00 to $358.00 and gave the stock a “neutral” rating in a research note on Friday, June 26th. Morgan Stanley raised their target price on Acuity from $400.00 to $410.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. Finally, Wall Street Zen raised Acuity from a “hold” rating to a “buy” rating in a report on Sunday, June 21st. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $397.17.

More Acuity News

Here are the key news stories impacting Acuity this week:

• Positive Sentiment: Zacks Research lifted Acuity’s FY2027 EPS estimate to $20.26 from $20.07 and FY2028 EPS to $21.96 from $21.77, suggesting stronger longer-term earnings power.
• Positive Sentiment: The firm also raised its Q3 2027 estimate to $5.53 from $5.32 and Q4 2027 estimate to $5.60 from $5.57, indicating continued confidence in near-term performance.
• Positive Sentiment: Several revised estimates remain above the current full-year consensus of $18.44 EPS, reinforcing the view that Acuity may outperform expectations.
• Neutral Sentiment: Zacks also trimmed a few quarterly estimates, including Q4 2026 to $5.14 from $5.23, Q2 2027 to $4.31 from $4.40, and Q1 2028 to $5.09 from $5.11, which slightly tempers the overall bullish tone.

Acuity Profile

Acuity Brands, Inc (NYSE: AYI) is a leading provider of lighting fixtures, controls and building management solutions designed for commercial, institutional, industrial and residential markets. The company’s core offerings include a broad range of LED luminaires, lighting controls, sensors and networked building systems that enhance energy efficiency, occupant comfort and operational productivity. Acuity Brands’ portfolio spans indoor and outdoor lighting fixtures, emergency lighting, task lighting and architectural products, as well as advanced controls such as daylight harvesting, occupancy sensing and wireless sensor networks.

Beyond traditional lighting, Acuity Brands delivers integrated digital solutions through its Connected Building platform, which combines smart sensors, cloud-based analytics and mobile applications to enable real-time monitoring and remote management of lighting and environmental systems.