ABM Industries (NYSE:ABM – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 3.850-4.150 for the period, compared to the consensus EPS estimate of 3.950. The company issued revenue guidance of -.
Analyst Ratings Changes
A number of brokerages have recently weighed in on ABM. Maxim Group raised ABM Industries from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research note on Wednesday, March 11th. Weiss Ratings cut ABM Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Truist Financial lowered their target price on ABM Industries from $47.00 to $45.00 and set a “hold” rating for the company in a research note on Wednesday, March 11th. UBS Group lowered their target price on ABM Industries from $51.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, March 11th. Finally, Robert W. Baird lowered their target price on ABM Industries from $52.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday, March 11th. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $46.25.
ABM Industries Stock Up 6.1%
ABM Industries (NYSE:ABM – Get Free Report) last posted its earnings results on Friday, June 5th. The business services provider reported $0.90 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.02). ABM Industries had a net margin of 1.78% and a return on equity of 11.77%. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.21 billion. During the same period in the previous year, the firm posted $0.86 earnings per share. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS. Equities research analysts expect that ABM Industries will post 3.94 earnings per share for the current year.
ABM Industries Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be paid a dividend of $0.29 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.16 annualized dividend and a yield of 2.7%. ABM Industries’s dividend payout ratio is currently 45.67%.
Trending Headlines about ABM Industries
Here are the key news stories impacting ABM Industries this week:
- Positive Sentiment: ABM beat revenue expectations in fiscal Q2, with sales of $2.29 billion and strong year-over-year growth, signaling resilient demand across its facility and infrastructure services business. ABM Industries Logs Higher 2Q Profit, Revenue as Demand Remains Strong
- Positive Sentiment: Management reaffirmed fiscal 2026 adjusted EPS guidance and said it is targeting about $250 million in free cash flow, which may reassure investors about earnings quality and cash returns. ABM outlines $3.85 to $4.15 adjusted EPS outlook while targeting about $250M in 2026 free cash flow
- Positive Sentiment: The board declared a quarterly dividend of $0.29 per share, underscoring continued shareholder returns and a dividend yield of about 2.7%.
- Neutral Sentiment: ABM’s earnings call transcript and earnings-release materials provide additional details on the quarter, but do not add a clearly new catalyst beyond the reported results. ABM Industries Incorporated (ABM) Q2 2026 Earnings Call Transcript
- Negative Sentiment: The main downside in the report was a small EPS miss versus consensus, which could limit upside if investors focus more on margin pressure than on revenue strength. ABM Industries (ABM) Misses Q2 Earnings Estimates
Institutional Trading of ABM Industries
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Corient Private Wealth LLC raised its stake in ABM Industries by 96.7% during the 4th quarter. Corient Private Wealth LLC now owns 13,053 shares of the business services provider’s stock valued at $552,000 after acquiring an additional 6,416 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its stake in ABM Industries by 21.7% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 8,988 shares of the business services provider’s stock valued at $380,000 after acquiring an additional 1,600 shares during the last quarter. XTX Topco Ltd raised its stake in ABM Industries by 695.2% during the 4th quarter. XTX Topco Ltd now owns 47,794 shares of the business services provider’s stock valued at $2,022,000 after acquiring an additional 41,784 shares during the last quarter. Voloridge Investment Management LLC purchased a new stake in ABM Industries during the 4th quarter valued at approximately $3,195,000. Finally, Twinbeech Capital LP purchased a new stake in ABM Industries during the 4th quarter valued at approximately $1,931,000. 91.62% of the stock is owned by hedge funds and other institutional investors.
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.
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