Brokerages Set Acuity, Inc. (NYSE:AYI) Target Price at $395.17

Acuity, Inc. (NYSE:AYI) has been assigned an average rating of “Moderate Buy” from the ten research firms that are covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $395.1667.

Several research analysts recently commented on AYI shares. Wells Fargo & Company boosted their target price on Acuity from $380.00 to $405.00 and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. Zacks Research cut Acuity from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Weiss Ratings restated a “hold (c+)” rating on shares of Acuity in a research note on Monday, December 15th. Wall Street Zen raised shares of Acuity from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 15th. Finally, Robert W. Baird boosted their price target on shares of Acuity from $335.00 to $360.00 and gave the stock a “neutral” rating in a report on Thursday, September 25th.

Insider Buying and Selling

In other Acuity news, SVP Barry R. Goldman sold 4,687 shares of the firm’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $368.01, for a total value of $1,724,862.87. Following the sale, the senior vice president directly owned 10,545 shares in the company, valued at $3,880,665.45. This trade represents a 30.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in AYI. Financial Consulate Inc. purchased a new stake in Acuity during the third quarter worth approximately $26,000. Hantz Financial Services Inc. lifted its position in shares of Acuity by 1,100.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 96 shares of the electronics maker’s stock worth $29,000 after buying an additional 88 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of Acuity during the 2nd quarter worth approximately $32,000. Root Financial Partners LLC acquired a new position in shares of Acuity in the 3rd quarter valued at $33,000. Finally, Richardson Financial Services Inc. grew its position in shares of Acuity by 122.2% in the 3rd quarter. Richardson Financial Services Inc. now owns 100 shares of the electronics maker’s stock valued at $34,000 after buying an additional 55 shares during the last quarter. Hedge funds and other institutional investors own 98.21% of the company’s stock.

Acuity Trading Up 1.0%

Shares of AYI stock opened at $363.54 on Thursday. Acuity has a fifty-two week low of $216.81 and a fifty-two week high of $379.17. The company has a 50 day moving average price of $361.58 and a 200 day moving average price of $330.34. The stock has a market capitalization of $11.16 billion, a P/E ratio of 29.01, a price-to-earnings-growth ratio of 1.95 and a beta of 1.49. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.33 and a current ratio of 1.95.

Acuity (NYSE:AYI) last released its earnings results on Wednesday, October 1st. The electronics maker reported $5.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.84 by $0.36. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.23 billion. Acuity had a net margin of 9.13% and a return on equity of 20.81%. The firm’s quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the prior year, the business earned $4.30 EPS. Acuity has set its FY 2026 guidance at 19.000-20.500 EPS. Equities research analysts predict that Acuity will post 15.86 EPS for the current fiscal year.

Acuity Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, November 3rd. Investors of record on Friday, October 17th were paid a dividend of $0.17 per share. The ex-dividend date was Friday, October 17th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.2%. Acuity’s payout ratio is presently 5.43%.

Acuity Company 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.