Q2 EPS Estimates for ABM Industries Boosted by William Blair

ABM Industries Incorporated (NYSE:ABM) – Investment analysts at William Blair upped their Q2 2025 EPS estimates for ABM Industries in a research report issued on Wednesday, December 18th. William Blair analyst T. Mulrooney now forecasts that the business services provider will post earnings of $0.93 per share for the quarter, up from their prior estimate of $0.91. The consensus estimate for ABM Industries’ current full-year earnings is $3.53 per share.

Several other research firms have also recently commented on ABM. UBS Group raised their target price on shares of ABM Industries from $55.00 to $56.00 and gave the stock a “neutral” rating in a research note on Thursday, December 19th. Robert W. Baird lifted their price objective on ABM Industries from $49.00 to $56.00 and gave the company a “neutral” rating in a report on Monday, September 9th. Finally, Truist Financial increased their target price on ABM Industries from $49.00 to $55.00 and gave the stock a “hold” rating in a research note on Monday, September 9th.

ABM Industries Price Performance

Shares of NYSE ABM opened at $50.85 on Monday. The stock has a fifty day moving average price of $55.18 and a 200 day moving average price of $53.43. ABM Industries has a 1-year low of $39.64 and a 1-year high of $59.78. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.38 and a quick ratio of 1.38. The company has a market cap of $3.16 billion, a PE ratio of 21.01 and a beta of 1.14.

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

ABM Industries Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Thursday, January 2nd will be issued a $0.265 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This is a boost from ABM Industries’s previous quarterly dividend of $0.23. This represents a $1.06 dividend on an annualized basis and a yield of 2.08%. ABM Industries’s dividend payout ratio (DPR) is 83.46%.

Insider Activity

In other news, CFO Earl Ray Ellis sold 40,000 shares of ABM Industries stock in a transaction on Monday, October 14th. The stock was 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 owns 45,260 shares of the company’s stock, valued at $2,442,229.60. The trade was a 46.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.04% of the company’s stock.

Hedge Funds Weigh In On ABM Industries

Several hedge funds have recently added to or reduced their stakes in the business. Principal Financial Group Inc. lifted its holdings in shares of ABM Industries by 4.9% in the third quarter. Principal Financial Group Inc. now owns 327,631 shares of the business services provider’s stock valued at $17,286,000 after purchasing an additional 15,438 shares in the last quarter. Franklin Resources Inc. acquired a new position in shares of ABM Industries during the 3rd quarter worth approximately $446,000. Tidal Investments LLC lifted its stake in ABM Industries by 176.4% in the 3rd quarter. Tidal Investments LLC now owns 23,761 shares of the business services provider’s stock valued at $1,254,000 after buying an additional 15,163 shares in the last quarter. Geode Capital Management LLC lifted its stake in ABM Industries by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,451,252 shares of the business services provider’s stock valued at $76,582,000 after buying an additional 7,050 shares in the last quarter. Finally, Barclays PLC grew its holdings in ABM Industries by 238.7% during the 3rd 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 during the last quarter. 91.62% of the stock is currently owned by hedge funds and other institutional investors.

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.