Q1 EPS Estimates for ABM Industries Lifted by Zacks Research

ABM Industries Incorporated (NYSE:ABM) – Stock analysts at Zacks Research increased their Q1 2025 EPS estimates for ABM Industries in a research note issued to investors on Wednesday, January 8th. Zacks Research analyst R. Department now anticipates that the business services provider will post earnings of $0.79 per share for the quarter, up from their prior estimate of $0.76. The consensus estimate for ABM Industries’ current full-year earnings is $3.53 per share. Zacks Research also issued estimates for ABM Industries’ Q2 2025 earnings at $0.83 EPS, Q4 2025 earnings at $1.03 EPS, FY2025 earnings at $3.60 EPS, Q1 2026 earnings at $0.96 EPS, Q2 2026 earnings at $0.97 EPS, Q3 2026 earnings at $1.01 EPS, Q4 2026 earnings at $1.14 EPS and FY2027 earnings at $4.29 EPS.

Separately, UBS Group raised their target price on ABM Industries from $55.00 to $56.00 and gave the stock a “neutral” rating in a research report on Thursday, December 19th.

ABM Industries Price Performance

Shares of ABM stock opened at $51.03 on Friday. ABM Industries has a 12 month low of $39.64 and a 12 month high of $59.78. The company has a market capitalization of $3.17 billion, a P/E ratio of 21.09 and a beta of 1.16. The stock has a 50 day moving average of $54.59 and a two-hundred day moving average of $53.44. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 0.71.

ABM Industries (NYSE:ABM) last announced its quarterly earnings data on Wednesday, December 18th. The business services provider reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.03. ABM Industries had a net margin of 1.89% and a return on equity of 12.93%. The business had revenue of $2.18 billion during the quarter, compared to analyst estimates of $2.08 billion. During the same quarter in the prior year, the business earned $1.01 earnings per share. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis.

Institutional Trading of ABM Industries

Several hedge funds have recently modified their holdings of ABM. Pacer Advisors Inc. acquired a new position in shares of ABM Industries in the 2nd quarter worth approximately $125,118,000. Pzena Investment Management LLC increased its stake in shares of ABM Industries by 67.0% in the third quarter. Pzena Investment Management LLC now owns 694,464 shares of the business services provider’s stock valued at $36,640,000 after buying an additional 278,575 shares in the last quarter. Barclays PLC increased its stake in shares of ABM Industries by 238.7% in the third quarter. Barclays PLC now owns 113,850 shares of the business services provider’s stock valued at $6,004,000 after buying an additional 80,238 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of ABM Industries by 279.4% in the third quarter. Victory Capital Management Inc. now owns 108,067 shares of the business services provider’s stock valued at $5,702,000 after buying an additional 79,587 shares in the last quarter. Finally, Foundry Partners LLC raised its holdings in shares of ABM Industries by 694.2% in the third quarter. Foundry Partners LLC now owns 86,868 shares of the business services provider’s stock valued at $4,583,000 after buying an additional 75,930 shares during the last quarter. Institutional investors and hedge funds own 91.62% of the company’s stock.

Insider Transactions at ABM Industries

In related news, CFO Earl Ray Ellis sold 40,000 shares of ABM Industries stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $53.96, for a total transaction of $2,158,400.00. Following the completion of the transaction, the chief financial officer now directly owns 45,260 shares of the company’s stock, valued at $2,442,229.60. This trade represents a 46.92 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.04% of the stock is currently owned by insiders.

ABM Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Thursday, January 2nd will be paid a $0.265 dividend. This is a positive change from ABM Industries’s previous quarterly dividend of $0.23. This represents a $1.06 annualized dividend and a dividend yield of 2.08%. The ex-dividend date is Thursday, January 2nd. ABM Industries’s dividend payout ratio is currently 83.46%.

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.