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

ABM Industries (NYSE:ABM) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 3.950-4.100 for the period, compared to the consensus earnings per share estimate of 3.980. The company issued revenue guidance of -.

Analyst Ratings Changes

Several research firms have issued reports on ABM. Weiss Ratings upgraded shares of ABM Industries from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. Robert W. Baird increased their price target on ABM Industries from $45.00 to $48.00 and gave the stock a “neutral” rating in a research note on Monday, June 8th. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, ABM Industries has an average rating of “Hold” and an average target price of $47.00.

ABM Industries Trading Up 1.4%

Shares of NYSE ABM traded up $0.67 during mid-day trading on Tuesday, reaching $47.72. The company had a trading volume of 69,456 shares, compared to its average volume of 543,615. The stock has a market cap of $2.80 billion, a price-to-earnings ratio of 18.30, a price-to-earnings-growth ratio of 1.23 and a beta of 0.68. ABM Industries has a 52 week low of $36.96 and a 52 week high of $50.12. The business’s 50-day moving average is $46.99 and its 200-day moving average is $43.13. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 1.04.

ABM Industries (NYSE:ABM) last announced its quarterly earnings data on Tuesday, September 8th. The business services provider reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The company had revenue of $2.32 billion during the quarter, compared to analyst estimates of $2.32 billion. ABM Industries had a net margin of 1.75% and a return on equity of 11.84%. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same quarter last year, the business posted $0.82 EPS. ABM Industries has set its FY 2026 guidance at 3.950-4.100 EPS. Equities analysts expect that ABM Industries will post 3.97 earnings per share for the current year.

Insider Buying and Selling at ABM Industries

In other ABM Industries news, CEO Scott Salmirs sold 50,000 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $46.34, for a total transaction of $2,317,000.00. Following the transaction, the chief executive officer directly owned 395,285 shares in the company, valued at $18,317,506.90. This trade represents a 11.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.90% of the company’s stock.

Institutional Trading of ABM Industries

Institutional investors have recently modified their holdings of the company. Ameriprise Financial Inc. raised its stake in ABM Industries by 419.5% in the third quarter. Ameriprise Financial Inc. now owns 1,111,320 shares of the business services provider’s stock valued at $51,254,000 after buying an additional 897,402 shares during the last quarter. Millennium Management LLC grew its stake in shares of ABM Industries by 883.5% during the third quarter. Millennium Management LLC now owns 672,200 shares of the business services provider’s stock worth $31,002,000 after acquiring an additional 603,853 shares during the last quarter. Invesco Ltd. increased its holdings in shares of ABM Industries by 31.7% during the third quarter. Invesco Ltd. now owns 2,390,863 shares of the business services provider’s stock valued at $110,267,000 after acquiring an additional 575,273 shares in the last quarter. Simcoe Capital Management LLC purchased a new position in shares of ABM Industries in the 2nd quarter valued at approximately $20,720,000. Finally, Barclays PLC raised its position in shares of ABM Industries by 268.4% in the 4th quarter. Barclays PLC now owns 379,147 shares of the business services provider’s stock valued at $16,038,000 after purchasing an additional 276,232 shares during the last quarter. 91.62% of the stock is currently owned by institutional investors.

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.