WINTON GROUP Ltd Has $1.51 Million Stock Holdings in ABM Industries Incorporated $ABM

WINTON GROUP Ltd lowered its stake in ABM Industries Incorporated (NYSE:ABM) by 68.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 35,632 shares of the business services provider’s stock after selling 76,808 shares during the period. WINTON GROUP Ltd’s holdings in ABM Industries were worth $1,507,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd lifted its position in ABM Industries by 590.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 608 shares of the business services provider’s stock worth $28,000 after acquiring an additional 520 shares during the last quarter. Quarry LP lifted its position in ABM Industries by 667.0% during the third quarter. Quarry LP now owns 882 shares of the business services provider’s stock worth $41,000 after acquiring an additional 767 shares during the last quarter. First Horizon Corp lifted its position in ABM Industries by 141.4% during the fourth quarter. First Horizon Corp now owns 886 shares of the business services provider’s stock worth $37,000 after acquiring an additional 519 shares during the last quarter. Covestor Ltd lifted its position in ABM Industries by 89.1% during the fourth quarter. Covestor Ltd now owns 1,055 shares of the business services provider’s stock worth $45,000 after acquiring an additional 497 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in ABM Industries during the fourth quarter worth approximately $46,000. 91.62% of the stock is currently owned by institutional investors and hedge funds.

ABM Industries Stock Performance

NYSE ABM opened at $42.35 on Tuesday. The company has a quick ratio of 1.50, a current ratio of 1.46 and a debt-to-equity ratio of 1.04. The company has a market capitalization of $2.48 billion, a P/E ratio of 16.29 and a beta of 0.71. ABM Industries Incorporated has a 12-month low of $36.96 and a 12-month high of $50.12. The firm has a 50-day moving average price of $39.69 and a two-hundred day moving average price of $42.20.

ABM Industries (NYSE:ABM) last posted its quarterly earnings data on Friday, June 5th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.92 by ($0.02). The business 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 1.75% and a return on equity of 11.84%. The business’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.86 EPS. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS. Analysts anticipate that ABM Industries Incorporated will post 3.94 earnings per share for the current year.

ABM Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be issued a $0.29 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.16 dividend on an annualized basis and a yield of 2.7%. ABM Industries’s payout ratio is currently 44.62%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on ABM shares. Maxim Group upgraded shares of ABM Industries from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research report on Wednesday, March 11th. Truist Financial cut their price objective on shares of ABM Industries from $47.00 to $45.00 and set a “hold” rating for the company in a research report on Wednesday, March 11th. Weiss Ratings downgraded shares of ABM Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, May 4th. Robert W. Baird boosted their price objective on shares of ABM Industries from $45.00 to $48.00 and gave the company a “neutral” rating in a report on Monday. Finally, UBS Group cut their price objective on shares of ABM Industries from $51.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $47.00.

ABM Industries 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.