3,491 Shares in Acuity, Inc. $AYI Bought by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new position in Acuity, Inc. (NYSE:AYI) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 3,491 shares of the electronics maker’s stock, valued at approximately $1,315,000.

Several other large investors have also recently bought and sold shares of the company. Elyxium Wealth LLC acquired a new stake in shares of Acuity during the fourth quarter valued at about $25,000. Entrust Financial LLC bought a new stake in shares of Acuity during the fourth quarter worth about $27,000. Miller Capital Partners Inc. acquired a new position in shares of Acuity in the fourth quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Acuity in the fourth quarter valued at approximately $36,000. Finally, Torren Management LLC bought a new position in Acuity in the 4th quarter valued at approximately $39,000. 98.21% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Wall Street Zen upgraded shares of Acuity from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. Weiss Ratings upgraded shares of Acuity from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, June 26th. The Goldman Sachs Group raised their price target on shares of Acuity from $295.00 to $358.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. TD Cowen reiterated a “buy” rating on shares of Acuity in a report on Thursday, June 25th. Finally, Morgan Stanley boosted their price objective on shares of Acuity from $400.00 to $410.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 1st. Five investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Acuity has an average rating of “Moderate Buy” and an average target price of $397.17.

Acuity Stock Performance

Shares of AYI opened at $360.59 on Tuesday. 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 firm’s fifty day simple moving average is $335.59 and its two-hundred day simple moving average is $306.84. Acuity, Inc. has a 12 month low of $257.04 and a 12 month high of $380.17. The stock has a market capitalization of $10.80 billion, a P/E ratio of 23.91, a price-to-earnings-growth ratio of 1.94 and a beta of 1.30.

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

Acuity Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 17th were paid a $0.20 dividend. The ex-dividend date of this dividend was Friday, July 17th. This represents a $0.80 annualized dividend and a yield of 0.2%. Acuity’s payout ratio is 5.31%.

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.