UBS Group Has Lowered Expectations for ABM Industries (NYSE:ABM) Stock Price

ABM Industries (NYSE:ABM) had its price target cut by analysts at UBS Group from $51.00 to $45.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the business services provider’s stock. UBS Group’s target price suggests a potential upside of 10.18% from the stock’s current price.

Other equities research analysts have also issued reports about the stock. Maxim Group raised 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. Wall Street Zen downgraded ABM Industries from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ABM Industries in a research report on Wednesday, January 21st. Truist Financial reduced their price target on ABM Industries from $47.00 to $45.00 and set a “hold” rating on the stock in a research report on Wednesday. Finally, Robert W. Baird decreased their price target on ABM Industries from $52.00 to $45.00 and set a “neutral” rating for the company in a research note on Wednesday. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $46.25.

ABM Industries Price Performance

NYSE:ABM traded down $0.44 on Wednesday, hitting $40.84. The company had a trading volume of 473,702 shares, compared to its average volume of 586,611. The firm has a 50 day moving average of $44.78 and a two-hundred day moving average of $44.78. The stock has a market capitalization of $2.39 billion, a price-to-earnings ratio of 15.82 and a beta of 0.73. 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 $39.12 and a 52 week high of $52.94.

ABM Industries (NYSE:ABM) last announced its quarterly earnings results on Tuesday, March 10th. The business services provider reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.04). The firm had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.19 billion. ABM Industries had a net margin of 1.86% and a return on equity of 11.96%. The firm’s revenue was up 6.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.87 earnings per share. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS. On average, research analysts anticipate that ABM Industries will post 3.71 earnings per share for the current year.

Insiders Place Their Bets

In other news, COO Rene Jacobsen sold 31,034 shares of ABM Industries stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $44.12, for a total value of $1,369,220.08. Following the completion of the transaction, the chief operating officer directly owned 51,714 shares of the company’s stock, valued at approximately $2,281,621.68. This trade represents a 37.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On ABM Industries

Hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its holdings in shares of ABM Industries by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,051,834 shares of the business services provider’s stock worth $171,394,000 after buying an additional 31,709 shares in the last quarter. Invesco Ltd. lifted 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. American Century Companies Inc. boosted its stake in ABM Industries by 1.5% during the second quarter. American Century Companies Inc. now owns 1,615,135 shares of the business services provider’s stock worth $76,251,000 after acquiring an additional 24,638 shares in the last quarter. Nordea Investment Management AB boosted its stake in ABM Industries by 1,068.7% during the third quarter. Nordea Investment Management AB now owns 1,606,331 shares of the business services provider’s stock worth $73,297,000 after acquiring an additional 1,468,887 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in ABM Industries by 0.7% in the second quarter. Geode Capital Management LLC now owns 1,502,219 shares of the business services provider’s stock worth $70,928,000 after purchasing an additional 10,182 shares during the period. 91.62% of the stock is currently owned by institutional investors.

Key ABM Industries News

Here are the key news stories impacting ABM Industries this week:

• Positive Sentiment: Revenue beat and strategic tailwinds: ABM reported Q1 revenue of $2.24B, topping estimates and showing 6.1% year‑over‑year growth; management also highlighted the WGNSTAR acquisition as strengthening its semiconductor services, supporting longer‑term growth prospects. WGNSTAR acquisition strengthens
• Positive Sentiment: Business development / tech growth: ABM highlighted a large‑venue technology win (Phillies deal) that showcases its platform and pursuit of higher‑margin, large‑venue opportunities. This supports revenue diversification and cross‑sell potential. Phillies deal
• Positive Sentiment: Analyst upgrade: Maxim Group upgraded ABM from “hold” to “buy” and set a $50 price target, a bullish counterpoint to other downgrades. Maxim upgrade
• Positive Sentiment: Dividend declared: ABM announced a quarterly dividend of $0.29 (annualized yield ~2.8%), which can support the share base for income investors and signal cash‑flow stability. (Company release)
• Neutral Sentiment: Guidance reaffirmed but slightly below consensus: Management reiterated FY2026 EPS guidance of $3.85–$4.15, which is roughly in line with prior guidance but below some street estimates — a mixed sign that reduces near‑term upside certainty. Press release
• Negative Sentiment: EPS miss and margin concerns: Q1 adjusted EPS of $0.83 missed the consensus $0.87 despite the revenue beat; investors are concerned about margin pressure and execution. Earnings miss
• Negative Sentiment: Analyst downgrades / price‑target cuts: Truist lowered its target to $45 (hold) and Robert W. Baird cut its target to $45 (neutral), reducing near‑term upside expectations and adding selling pressure. Truist & Baird PT cuts
• Negative Sentiment: Shares hit 52‑week low / negative headlines: Coverage noting the stock falling to a 52‑week low and headlines about the post‑earnings slide amplify investor caution and momentum selling. 52‑week low article

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.