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

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

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Truist Financial decreased their price target on shares of ABM Industries from $47.00 to $45.00 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. Maxim Group raised 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. Robert W. Baird decreased their price target on shares of ABM Industries from $52.00 to $45.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 11th. Weiss Ratings downgraded shares of ABM Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Finally, UBS Group decreased 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. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, ABM Industries currently has a consensus rating of “Hold” and an average target price of $46.25.

ABM Industries Stock Performance

NYSE:ABM opened at $39.86 on Friday. The stock has a market cap of $2.33 billion, a P/E ratio of 15.69 and a beta of 0.71. The firm’s fifty day simple moving average is $39.53 and its 200 day simple moving average is $42.17. ABM Industries has a twelve month low of $36.96 and a twelve month high of $52.06. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.93.

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

ABM Industries Announces Dividend

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

Institutional Trading of ABM Industries

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Corient Private Wealth LLC grew its position in shares of ABM Industries by 96.7% in the 4th quarter. Corient Private Wealth LLC now owns 13,053 shares of the business services provider’s stock worth $552,000 after buying an additional 6,416 shares during the period. Mercer Global Advisors Inc. ADV grew its position in shares of ABM Industries by 21.7% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 8,988 shares of the business services provider’s stock worth $380,000 after buying an additional 1,600 shares during the period. XTX Topco Ltd grew its position in shares of ABM Industries by 695.2% in the 4th quarter. XTX Topco Ltd now owns 47,794 shares of the business services provider’s stock worth $2,022,000 after buying an additional 41,784 shares during the period. Voloridge Investment Management LLC purchased a new stake in shares of ABM Industries in the 4th quarter worth about $3,195,000. Finally, Twinbeech Capital LP purchased a new stake in shares of ABM Industries in the 4th quarter worth about $1,931,000. 91.62% of the stock is owned by hedge funds and other institutional investors.

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.