Osaic Holdings Inc. increased its holdings in shares of Acuity, Inc. (NYSE:AYI – Free Report) by 345.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,280 shares of the electronics maker’s stock after buying an additional 15,730 shares during the quarter. Osaic Holdings Inc.’s holdings in Acuity were worth $6,050,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. boosted its position in 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 acquiring an additional 88 shares during the period. Ameritas Advisory Services LLC purchased a new stake in shares of Acuity in the second quarter worth approximately $32,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Acuity during the second quarter worth approximately $36,000. Golden State Wealth Management LLC grew its position in Acuity by 3,175.0% during the second quarter. Golden State Wealth Management LLC now owns 131 shares of the electronics maker’s stock valued at $39,000 after purchasing an additional 127 shares in the last quarter. Finally, Rexford Capital Inc. acquired a new position in Acuity in the 2nd quarter valued at approximately $40,000. 98.21% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on AYI shares. Oppenheimer increased their target price on shares of Acuity from $380.00 to $435.00 and gave the stock an “outperform” rating in a research report on Thursday, October 2nd. Cowen reaffirmed a “buy” rating on shares of Acuity in a research note on Thursday, October 2nd. TD Cowen increased their price objective on Acuity from $330.00 to $390.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Morgan Stanley boosted their target price on Acuity from $365.00 to $425.00 and gave the company an “overweight” rating in a research note on Thursday, October 2nd. Finally, Wells Fargo & Company upped their target price on Acuity from $380.00 to $405.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Acuity has an average rating of “Moderate Buy” and a consensus price target of $395.17.
Insider Buying and Selling at Acuity
In related news, SVP Barry R. Goldman sold 4,489 shares of the company’s stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $365.11, for a total transaction of $1,638,978.79. Following the completion of the sale, the senior vice president directly owned 6,056 shares of the company’s stock, valued at approximately $2,211,106.16. This represents a 42.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.90% of the company’s stock.
Acuity Trading Up 1.5%
Acuity stock opened at $368.29 on Tuesday. Acuity, Inc. has a one year low of $216.81 and a one year high of $379.17. The company’s fifty day moving average price is $361.75 and its two-hundred day moving average price is $331.54. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.95 and a quick ratio of 1.33. The company has a market capitalization of $11.31 billion, a price-to-earnings ratio of 29.39, a PEG ratio of 1.95 and a beta of 1.49.
Acuity (NYSE:AYI – Get Free Report) last announced its quarterly earnings results on Wednesday, October 1st. The electronics maker reported $5.20 earnings per share for the quarter, topping analysts’ consensus estimates of $4.84 by $0.36. The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Acuity had a return on equity of 20.81% and a net margin of 9.13%.The business’s quarterly revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.30 earnings per share. Acuity has set its FY 2026 guidance at 19.000-20.500 EPS. On average, analysts forecast that Acuity, Inc. will post 15.86 earnings per share for the current fiscal year.
Acuity Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, November 3rd. Stockholders of record on Friday, October 17th were given a $0.17 dividend. The ex-dividend date of this dividend was Friday, October 17th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 0.2%. Acuity’s dividend payout ratio (DPR) is currently 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.
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