Zacks Research Lifts Earnings Estimates for ABM Industries

ABM Industries Incorporated (NYSE:ABM) – Zacks Research increased their Q2 2026 earnings per share (EPS) estimates for ABM Industries in a research report issued to clients and investors on Monday, March 30th. Zacks Research analyst Team now expects that the business services provider will earn $0.92 per share for the quarter, up from their previous forecast of $0.91. The consensus estimate for ABM Industries’ current full-year earnings is $3.71 per share. Zacks Research also issued estimates for ABM Industries’ Q3 2026 earnings at $0.96 EPS, Q4 2026 earnings at $1.20 EPS, Q2 2027 earnings at $1.05 EPS, Q3 2027 earnings at $1.08 EPS, Q4 2027 earnings at $1.23 EPS and Q1 2028 earnings at $1.02 EPS.

Several other equities research analysts have also commented on ABM. UBS Group dropped their price objective on shares of ABM Industries from $51.00 to $45.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 11th. Wall Street Zen downgraded shares of ABM Industries from a “buy” rating to a “hold” rating in a research note on Saturday, December 13th. Weiss Ratings reissued a “hold (c)” rating on shares of ABM Industries in a research report on Wednesday, January 21st. Truist Financial cut their price target on ABM Industries from $47.00 to $45.00 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. Finally, 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 report on Wednesday, March 11th. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, ABM Industries has a consensus rating of “Hold” and an average price target of $46.25.

ABM Industries Stock Up 1.0%

Shares of ABM Industries stock opened at $37.86 on Tuesday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.50 and a quick ratio of 1.50. The company has a 50-day moving average of $43.18 and a 200 day moving average of $43.80. The firm has a market cap of $2.22 billion, a price-to-earnings ratio of 14.90 and a beta of 0.73. ABM Industries has a 1 year low of $36.96 and a 1 year high of $52.94.

ABM Industries (NYSE:ABM) last announced its quarterly earnings data on Tuesday, March 10th. The business services provider reported $0.83 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.04). ABM Industries had a net margin of 1.78% and a return on equity of 11.77%. The firm had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.19 billion. During the same period in the prior year, the business posted $0.87 EPS. The business’s quarterly revenue was up 6.1% compared to the same quarter last year. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS.

Institutional Investors Weigh In On ABM Industries

A number of institutional investors have recently made changes to their positions in ABM. Royal Bank of Canada lifted its position in ABM Industries by 0.4% in the 1st quarter. Royal Bank of Canada now owns 86,571 shares of the business services provider’s stock valued at $4,100,000 after acquiring an additional 312 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of ABM Industries by 2.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,983 shares of the business services provider’s stock worth $1,752,000 after purchasing an additional 984 shares in the last quarter. Millennium Management LLC raised its stake in shares of ABM Industries by 2.2% in the first quarter. Millennium Management LLC now owns 79,533 shares of the business services provider’s stock worth $3,767,000 after purchasing an additional 1,734 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of ABM Industries by 5.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 180,038 shares of the business services provider’s stock worth $8,527,000 after purchasing an additional 8,704 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of ABM Industries by 592.0% during the first quarter. Jane Street Group LLC now owns 140,201 shares of the business services provider’s stock valued at $6,640,000 after purchasing an additional 119,942 shares in the last quarter. Hedge funds and other institutional investors own 91.62% of the company’s stock.

Insiders Place Their Bets

In other ABM Industries news, COO Rene Jacobsen sold 31,034 shares of ABM Industries stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $44.12, for a total value of $1,369,220.08. Following the completion of the transaction, the chief operating officer directly owned 51,714 shares of the company’s stock, valued at approximately $2,281,621.68. The trade was a 37.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.90% of the company’s stock.

ABM Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 4th. Shareholders of record on Thursday, April 2nd will be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Thursday, April 2nd. ABM Industries’s dividend payout ratio (DPR) is currently 45.67%.

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.