ABM Industries (NYSE:ABM) Updates FY 2026 Earnings Guidance

ABM Industries (NYSE:ABM) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 3.850-4.150 for the period, compared to the consensus earnings per share estimate of 3.950. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ABM. Weiss Ratings downgraded shares of ABM Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 4th. Robert W. Baird reduced their target price on shares of ABM Industries from $52.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 11th. Truist Financial reduced their target price on shares of ABM Industries from $47.00 to $45.00 and set a “hold” rating on the stock in a research report on Wednesday, March 11th. UBS Group dropped their price target 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. Finally, Maxim Group upgraded shares of ABM Industries from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a research note on Wednesday, March 11th. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $46.25.

ABM Industries Stock Performance

Shares of ABM Industries stock opened at $39.86 on Friday. The stock has a market cap of $2.33 billion, a price-to-earnings ratio of 15.69 and a beta of 0.71. The firm’s 50-day moving average is $39.53 and its 200 day moving average is $42.17. ABM Industries has a 1 year low of $36.96 and a 1 year high of $52.06. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.50 and a quick ratio of 1.50.

ABM Industries (NYSE:ABM) last announced its quarterly earnings results on Friday, June 5th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.02). The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.21 billion. ABM Industries had a return on equity of 11.77% and a net margin of 1.78%.ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS. Sell-side analysts anticipate that ABM Industries will post 3.94 EPS for the current fiscal year.

ABM Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, May 4th. Shareholders of record on Thursday, April 2nd were paid a dividend of $0.29 per share. The ex-dividend date was Thursday, April 2nd. This represents a $1.16 annualized dividend and a yield of 2.9%. ABM Industries’s dividend payout ratio is currently 45.67%.

Hedge Funds Weigh In On ABM Industries

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Corient Private Wealth LLC lifted 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 period. Mercer Global Advisors Inc. ADV lifted 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 period. XTX Topco Ltd lifted 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 period. Voloridge Investment Management LLC bought a new position in ABM Industries during the 4th quarter valued at about $3,195,000. Finally, Twinbeech Capital LP bought a new position in ABM Industries during the 4th quarter valued at about $1,931,000. Institutional investors own 91.62% of the company’s stock.

ABM Industries Company Profile

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.