Zacks Research Reduces Earnings Estimates for ABM Industries

ABM Industries Incorporated (NYSE:ABM) – Zacks Research decreased their Q3 2026 earnings per share estimates for ABM Industries in a report released on Wednesday, January 7th. Zacks Research analyst Team now anticipates that the business services provider will post earnings per share of $0.98 for the quarter, down from their prior estimate of $1.00. The consensus estimate for ABM Industries’ current full-year earnings is $3.71 per share. Zacks Research also issued estimates for ABM Industries’ Q1 2027 earnings at $1.02 EPS, Q2 2027 earnings at $1.03 EPS, Q3 2027 earnings at $1.09 EPS, Q4 2027 earnings at $1.24 EPS and FY2028 earnings at $4.83 EPS.

Several other research firms also recently issued reports on ABM. Wall Street Zen downgraded shares of ABM Industries from a “buy” rating to a “hold” rating in a research note on Saturday, December 13th. UBS Group reaffirmed a “neutral” rating and issued a $51.00 price target (down from $55.00) on shares of ABM Industries in a report on Thursday, December 18th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of ABM Industries in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, ABM Industries has an average rating of “Hold” and an average target price of $54.33.

ABM Industries Trading Up 1.5%

NYSE ABM opened at $44.06 on Friday. The stock has a market cap of $2.65 billion, a P/E ratio of 17.01 and a beta of 0.75. The company’s fifty day simple moving average is $43.22 and its 200-day simple moving average is $45.57. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.86. ABM Industries has a 52 week low of $40.00 and a 52 week high of $54.90.

ABM Industries (NYSE:ABM) last released its quarterly earnings results on Wednesday, December 17th. The business services provider reported $0.88 EPS for the quarter, missing the consensus estimate of $1.09 by ($0.21). The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.28 billion. ABM Industries had a return on equity of 11.96% and a net margin of 1.86%.The business’s revenue was up 5.4% on a year-over-year basis. During the same period last year, the firm posted $0.90 earnings per share. ABM Industries has set its FY 2026 guidance at 3.850-4.15 EPS.

ABM Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Wednesday, January 14th will be paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a yield of 2.6%. This is a boost from ABM Industries’s previous quarterly dividend of $0.27. The ex-dividend date is Wednesday, January 14th. ABM Industries’s dividend payout ratio (DPR) is 40.93%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ABM. Caitong International Asset Management Co. Ltd grew its position in shares of ABM Industries by 590.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 608 shares of the business services provider’s stock valued at $28,000 after buying an additional 520 shares during the last quarter. Quarry LP boosted its stake in ABM Industries by 667.0% in the third quarter. Quarry LP now owns 882 shares of the business services provider’s stock valued at $41,000 after acquiring an additional 767 shares during the period. Federated Hermes Inc. grew its holdings in shares of ABM Industries by 34.7% during the third quarter. Federated Hermes Inc. now owns 1,239 shares of the business services provider’s stock valued at $57,000 after purchasing an additional 319 shares during the last quarter. Kiker Wealth Management LLC bought a new position in shares of ABM Industries during the second quarter valued at approximately $61,000. Finally, Parkside Financial Bank & Trust raised its position in shares of ABM Industries by 18.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,612 shares of the business services provider’s stock worth $76,000 after purchasing an additional 246 shares during the period. 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.