ABM Industries Incorporated (NYSE:ABM – Get Free Report) has received a consensus recommendation of “Hold” from the five ratings firms that are currently covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $54.3333.
ABM has been the topic of several recent analyst reports. Wall Street Zen lowered ABM Industries from a “buy” rating to a “hold” rating in a research note on Saturday, December 13th. UBS Group reiterated a “neutral” rating and set a $51.00 price target (down from $55.00) on shares of ABM Industries in a research note on Thursday, December 18th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of ABM Industries in a report on Wednesday, October 8th.
Get Our Latest Report on ABM Industries
ABM Industries Stock Up 1.4%
ABM Industries (NYSE:ABM – Get Free Report) last announced its quarterly earnings data on Wednesday, December 17th. The business services provider reported $0.88 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.21). ABM Industries had a net margin of 1.86% and a return on equity of 11.96%. The firm had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period in the prior year, the company posted $0.90 EPS. The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. ABM Industries has set its FY 2026 guidance at 3.850-4.15 EPS. On average, research analysts expect that ABM Industries will post 3.71 earnings per share for the current year.
ABM Industries Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Wednesday, January 14th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 2.6%. This is a boost from ABM Industries’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Wednesday, January 14th. ABM Industries’s dividend payout ratio is currently 40.93%.
Key Headlines Impacting ABM Industries
Here are the key news stories impacting ABM Industries this week:
- Positive Sentiment: Zacks raised several near-term estimates — Q1 2026 to $0.87, Q2 2026 to $0.91 and Q4 2026 to $1.19 — and nudged FY2026 to $3.95 (from $3.94). Those upward revisions support the view that ABM’s core operations are stabilizing and make the company’s FY2026 guidance more achievable.
- Neutral Sentiment: Zacks published a FY2028 projection of $4.83 per share, giving a longer-term baseline that investors can compare against management’s multi-year targets; long-range estimates are useful but less actionable near term.
- Neutral Sentiment: A $13 million exit from ABM stock was reported; it’s notable but small relative to ABM’s ~$2.7B market cap and is unlikely by itself to change the company’s fundamentals. Read More.
- Negative Sentiment: Zacks trimmed several 2027 and later-quarter estimates — including FY2027 down to $4.37 (from $4.44) and cuts to Q3/Q4 2027 forecasts — suggesting analysts expect slower margin or volume expansion beyond 2026. Those downgrades increase uncertainty about ABM’s longer-term profit ramp and could cap multiple expansion.
- Negative Sentiment: Some quarter-to-quarter reductions (e.g., Q3 2026 from $1.00 to $0.98) indicate potential timing risks for recovery in certain end markets; persistent downward revisions for future years would be a headwind for the stock.
Institutional Trading of ABM Industries
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Parkside Financial Bank & Trust grew its position in shares of ABM Industries by 18.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,612 shares of the business services provider’s stock valued at $76,000 after buying an additional 246 shares during the last quarter. Cornerstone Wealth Management LLC boosted its stake in ABM Industries by 2.3% in the third quarter. Cornerstone Wealth Management LLC now owns 11,022 shares of the business services provider’s stock valued at $508,000 after acquiring an additional 247 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of ABM Industries by 4.0% during the third quarter. PNC Financial Services Group Inc. now owns 6,506 shares of the business services provider’s stock worth $300,000 after purchasing an additional 248 shares during the last quarter. Mackenzie Financial Corp grew its holdings in shares of ABM Industries by 4.2% during the third quarter. Mackenzie Financial Corp now owns 6,442 shares of the business services provider’s stock worth $297,000 after purchasing an additional 259 shares during the last quarter. Finally, Arizona State Retirement System increased its position in shares of ABM Industries by 1.4% during the third quarter. Arizona State Retirement System now owns 18,422 shares of the business services provider’s stock worth $850,000 after purchasing an additional 260 shares in the last quarter. 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.
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