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

ABM Industries (NYSE:ABM) issued an update on 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 -.

ABM Industries Stock Down 0.2%

Shares of ABM stock opened at $46.97 on Tuesday. ABM Industries has a twelve month low of $36.96 and a twelve month high of $50.12. The stock has a market cap of $2.75 billion, a P/E ratio of 18.18, a P/E/G ratio of 1.23 and a beta of 0.68. The stock has a 50 day moving average of $46.99 and a 200 day moving average of $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 released its quarterly earnings data on Tuesday, September 8th. The business services provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03. The business had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.32 billion. ABM Industries had a return on equity of 11.84% and a net margin of 1.75%.The business’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.82 EPS. ABM Industries has set its FY 2026 guidance at 3.950-4.100 EPS. As a group, sell-side analysts expect that ABM Industries will post 3.97 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Insiders Place Their Bets

In other ABM Industries news, CEO Scott Salmirs sold 50,000 shares of the stock in a transaction on Friday, June 12th. The shares were 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 of the company’s stock, valued at $18,317,506.90. This trade represents a 11.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On ABM Industries

Several large investors have recently bought and sold shares of ABM. Corient Private Wealth LLC lifted its position in shares of ABM Industries by 96.7% in the fourth 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 in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in 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 valued at $380,000 after purchasing an additional 1,600 shares in the last quarter. XTX Topco Ltd boosted 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 worth $2,022,000 after purchasing an additional 41,784 shares during the last quarter. Voloridge Investment Management LLC acquired a new stake in ABM Industries during the 4th quarter worth $3,195,000. Finally, Twinbeech Capital LP purchased a new stake in shares of ABM Industries during the fourth quarter worth $1,931,000. 91.62% of the stock is currently 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.