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 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 recently weighed in on ABM. Robert W. Baird lowered their target price on shares of ABM Industries from $52.00 to $45.00 and set a “neutral” rating on the stock in a report on Wednesday, March 11th. UBS Group lowered their target price on shares of ABM Industries from $51.00 to $45.00 and set a “neutral” rating on the stock in a report on Wednesday, March 11th. Maxim Group upgraded shares of ABM Industries from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a report on Wednesday, March 11th. Truist Financial lowered their target price on shares of ABM Industries from $47.00 to $45.00 and set a “hold” rating on the stock in a report on Wednesday, March 11th. Finally, Weiss Ratings lowered shares of ABM Industries from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $46.25.

ABM Industries Trading Up 1.7%

NYSE:ABM opened at $39.86 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.50 and a current ratio of 1.50. The firm has a market cap of $2.33 billion, a price-to-earnings ratio of 15.69 and a beta of 0.71. ABM Industries has a 52 week low of $36.96 and a 52 week high of $52.06. The firm has a 50-day moving average price of $39.53 and a two-hundred day moving average price of $42.17.

ABM Industries (NYSE:ABM) last posted its quarterly earnings data on Friday, June 5th. The business services provider reported $0.90 EPS for the quarter, missing the consensus estimate of $0.92 by ($0.02). The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.21 billion. ABM Industries had a net margin of 1.78% and a return on equity of 11.77%. The company’s quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter last year, the business posted $0.86 EPS. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS. On average, equities analysts expect that ABM Industries will post 3.94 earnings per share for the current fiscal year.

ABM Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 4th. Shareholders of record on Thursday, April 2nd were paid 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 dividend payout ratio (DPR) is 45.67%.

Institutional Investors Weigh In On ABM Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP increased its stake in ABM Industries by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,051,834 shares of the business services provider’s stock valued at $171,394,000 after buying an additional 31,709 shares during the last quarter. Invesco Ltd. grew its position in shares of ABM Industries by 31.7% during the 3rd 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 during the period. Ameriprise Financial Inc. grew its position in shares of ABM Industries by 419.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,111,320 shares of the business services provider’s stock valued at $51,254,000 after acquiring an additional 897,402 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of ABM Industries by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 720,668 shares of the business services provider’s stock valued at $30,484,000 after acquiring an additional 10,147 shares during the period. Finally, Bank of America Corp DE grew its position in shares of ABM Industries by 0.3% during the 2nd quarter. Bank of America Corp DE now owns 698,434 shares of the business services provider’s stock valued at $32,973,000 after acquiring an additional 2,396 shares during the period. Hedge funds and other institutional investors own 91.62% of the company’s stock.

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.