ABM Industries, Inc. (NYSE:ABM) CFO Diego Anthony Scaglione sold 500 shares of ABM Industries stock in a transaction on Thursday, April 20th. The shares were sold at an average price of $43.00, for a total transaction of $21,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Diego Anthony Scaglione also recently made the following trade(s):

  • On Tuesday, April 18th, Diego Anthony Scaglione sold 500 shares of ABM Industries stock. The shares were sold at an average price of $42.50, for a total transaction of $21,250.00.

ABM Industries, Inc. (NYSE:ABM) traded up 0.33% on Friday, reaching $43.17. 160,740 shares of the company’s stock were exchanged. The firm’s market capitalization is $2.40 billion. The stock’s 50 day moving average price is $42.72 and its 200 day moving average price is $41.13. ABM Industries, Inc. has a 1-year low of $31.74 and a 1-year high of $45.03.



ABM Industries (NYSE:ABM) last announced its quarterly earnings data on Tuesday, March 7th. The business services provider reported $0.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.07. The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.31 billion. ABM Industries had a net margin of 1.11% and a return on equity of 10.00%. The business’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS. On average, analysts expect that ABM Industries, Inc. will post $1.91 earnings per share for the current year.

Insider Buying and Selling by Quarter for ABM Industries (NYSE:ABM)

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, May 1st. Stockholders of record on Thursday, April 6th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Tuesday, April 4th. This represents a $0.68 annualized dividend and a dividend yield of 1.58%. ABM Industries’s dividend payout ratio is currently 67.33%.

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A number of research firms have commented on ABM. Zacks Investment Research lowered shares of ABM Industries from a “buy” rating to a “hold” rating in a research note on Tuesday, March 7th. Imperial Capital lifted their price objective on shares of ABM Industries from $38.00 to $43.00 and gave the company a “line” rating in a research note on Wednesday, January 4th. Finally, Robert W. Baird upgraded shares of ABM Industries from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $46.00 to $50.00 in a research note on Thursday, March 9th.

Several institutional investors have recently made changes to their positions in the company. State of Alaska Department of Revenue boosted its position in shares of ABM Industries by 1.8% in the first quarter. State of Alaska Department of Revenue now owns 6,160 shares of the business services provider’s stock valued at $268,000 after buying an additional 110 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its position in shares of ABM Industries by 0.8% in the third quarter. Municipal Employees Retirement System of Michigan now owns 25,580 shares of the business services provider’s stock valued at $1,015,000 after buying an additional 200 shares in the last quarter. Louisiana State Employees Retirement System boosted its position in shares of ABM Industries by 0.9% in the first quarter. Louisiana State Employees Retirement System now owns 22,600 shares of the business services provider’s stock valued at $985,000 after buying an additional 200 shares in the last quarter. Anchor Capital Advisors LLC boosted its position in shares of ABM Industries by 1.6% in the third quarter. Anchor Capital Advisors LLC now owns 38,308 shares of the business services provider’s stock valued at $1,521,000 after buying an additional 604 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of ABM Industries by 1.4% in the fourth quarter. AQR Capital Management LLC now owns 55,700 shares of the business services provider’s stock valued at $2,275,000 after buying an additional 750 shares in the last quarter. 89.88% of the stock is currently owned by institutional investors.

ABM Industries Company Profile

ABM Industries Incorporated is a provider of integrated facility solutions. The Company operates through five segments: Janitorial, Facility Services, Parking, Building & Energy Solutions, and other. Its Janitorial segment provides a range of cleaning services for commercial office buildings, data centers, educational institutions, government buildings, health facilities, industrial buildings, retail stores, sport event facilities and transportation hubs.

5 Day Chart for NYSE:ABM

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