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

ABM Industries (NYSE:ABM) updated 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 estimate of 3.980. The company issued revenue guidance of -.

Analysts Set New Price Targets

ABM has been the subject of several analyst reports. Weiss Ratings upgraded ABM Industries from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 11th. Robert W. Baird boosted their price objective on ABM Industries from $48.00 to $53.00 and gave the stock a “neutral” rating in a research report on Wednesday. Finally, UBS Group lifted their target price on shares of ABM Industries from $45.00 to $51.50 and gave the company a “neutral” rating in a report on Wednesday. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $49.88.

ABM Industries Stock Performance

NYSE ABM opened at $49.67 on Thursday. The company has a current ratio of 1.42, a quick ratio of 1.46 and a debt-to-equity ratio of 0.97. The company has a market capitalization of $2.91 billion, a PE ratio of 17.93, a price-to-earnings-growth ratio of 1.31 and a beta of 0.68. The business’s 50-day moving average price is $47.22 and its 200 day moving average price is $43.20. ABM Industries has a twelve month low of $36.96 and a twelve month high of $50.95.

ABM Industries (NYSE:ABM) last released its earnings results on Tuesday, September 8th. The business services provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.03. The firm had revenue of $2.32 billion during the quarter, compared to the consensus estimate of $2.32 billion. ABM Industries had a net margin of 1.82% and a return on equity of 12.46%. ABM Industries’s revenue was up 4.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.82 earnings per share. ABM Industries has set its FY 2026 guidance at 3.950-4.100 EPS. On average, research analysts predict that ABM Industries will post 4 earnings per share for the current year.

ABM Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 1st will be paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Thursday, October 1st. ABM Industries’s payout ratio is presently 44.62%.

Insider Activity at ABM Industries

In other news, CEO Scott Salmirs sold 50,000 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $46.34, for a total transaction of $2,317,000.00. Following the sale, the chief executive officer directly owned 395,285 shares in the company, valued at approximately $18,317,506.90. This represents a 11.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.90% of the company’s stock.

ABM Industries News Summary

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

• Positive Sentiment: Better-than-expected third-quarter earnings: Adjusted EPS rose 27% year over year to $1.04, exceeding the $1.01 consensus estimate. Revenue increased 4.2% to a quarterly record of approximately $2.3 billion, while adjusted EBITDA advanced 11% to $139.6 million. ABM Reports Fiscal Third Quarter 2026 Results
• Positive Sentiment: Raised financial outlook: ABM increased its fiscal 2026 adjusted EPS outlook to $3.95-$4.10 and raised expectations for operating and free cash flow. Strong third-quarter free cash flow of $128.4 million supports the company’s financial flexibility. ABM Industries Boosts FY26 Outlook; Declares Dividend
• Positive Sentiment: Dividend maintained: ABM declared a quarterly dividend of $0.29 per share, equivalent to an annualized yield of roughly 2.3%, providing ongoing shareholder income. UBS Adjusts ABM Industries Price Target
• Neutral Sentiment: Analysts raised targets but remain cautious: UBS lifted its price target to $51.50 from $45, while Robert W. Baird increased its target to $53 from $48. Both firms retained Neutral ratings, suggesting the improved results are largely reflected in the current valuation and limiting immediate upside enthusiasm. ABM Analysts Boost Their Forecasts
• Negative Sentiment: Execution risks remain: Analysts continue to point to margin pressure and competition as potential constraints on future profitability. With ABM trading near its 12-month high, these concerns and the Neutral ratings may encourage profit-taking despite the strong quarter. Why Retain ABM Stock

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ABM. Royal Bank of Canada grew its stake in shares of ABM Industries by 0.4% in the first quarter. Royal Bank of Canada now owns 86,571 shares of the business services provider’s stock worth $4,100,000 after acquiring an additional 312 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of ABM Industries by 2.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,983 shares of the business services provider’s stock worth $1,752,000 after buying an additional 984 shares in the last quarter. Millennium Management LLC boosted its stake in shares of ABM Industries by 2.2% in the 1st quarter. Millennium Management LLC now owns 79,533 shares of the business services provider’s stock valued at $3,767,000 after purchasing an additional 1,734 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of ABM Industries by 5.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 180,038 shares of the business services provider’s stock valued at $8,527,000 after purchasing an additional 8,704 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of ABM Industries by 592.0% in the 1st quarter. Jane Street Group LLC now owns 140,201 shares of the business services provider’s stock worth $6,640,000 after purchasing an additional 119,942 shares during the last quarter. 91.62% of the stock is currently owned by institutional investors and hedge funds.

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.