Acuity (NYSE:AYI) Issues FY 2026 Earnings Guidance

Acuity (NYSE:AYI) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 19.000-20.500 for the period, compared to the consensus EPS estimate of 18.760. The company issued revenue guidance of $4.7 billion-$4.9 billion, compared to the consensus revenue estimate of $4.8 billion.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Wells Fargo & Company increased their price target on shares of Acuity from $380.00 to $405.00 and gave the stock an “overweight” rating in a research note on Thursday. Robert W. Baird increased their price target on shares of Acuity from $335.00 to $360.00 and gave the stock a “neutral” rating in a research note on Thursday, September 25th. Morgan Stanley increased their price target on shares of Acuity from $365.00 to $425.00 and gave the stock an “overweight” rating in a research note on Thursday. TD Cowen raised their price objective on shares of Acuity from $330.00 to $390.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Oppenheimer raised their price objective on shares of Acuity from $380.00 to $435.00 and gave the company an “outperform” rating in a research note on Thursday. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $395.17.

Acuity Stock Performance

AYI stock opened at $356.09 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.95 and a quick ratio of 1.38. Acuity has a 1 year low of $216.81 and a 1 year high of $375.67. The company has a market cap of $10.91 billion, a P/E ratio of 28.42, a price-to-earnings-growth ratio of 2.02 and a beta of 1.64. The stock’s fifty day moving average price is $327.63 and its 200-day moving average price is $287.76.

Acuity Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Friday, October 17th will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Friday, October 17th. This represents a $0.68 annualized dividend and a dividend yield of 0.2%. Acuity’s dividend payout ratio is presently 5.43%.

Hedge Funds Weigh In On Acuity

A number of institutional investors and hedge funds have recently made changes to their positions in AYI. Orion Porfolio Solutions LLC increased its holdings in Acuity by 50,220.2% during the second quarter. Orion Porfolio Solutions LLC now owns 2,268,433 shares of the electronics maker’s stock valued at $676,764,000 after buying an additional 2,263,925 shares during the last quarter. Durable Capital Partners LP grew its position in shares of Acuity by 13.8% during the 2nd quarter. Durable Capital Partners LP now owns 1,249,899 shares of the electronics maker’s stock valued at $372,895,000 after acquiring an additional 151,414 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Acuity by 17.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 76,543 shares of the electronics maker’s stock worth $20,158,000 after purchasing an additional 11,144 shares in the last quarter. Treasurer of the State of North Carolina increased its stake in shares of Acuity by 96.7% in the 2nd quarter. Treasurer of the State of North Carolina now owns 57,570 shares of the electronics maker’s stock worth $17,175,000 after purchasing an additional 28,301 shares in the last quarter. Finally, Quantinno Capital Management LP raised its holdings in Acuity by 20.7% in the 2nd quarter. Quantinno Capital Management LP now owns 43,050 shares of the electronics maker’s stock worth $12,844,000 after purchasing an additional 7,395 shares during the period. Hedge funds and other institutional investors own 98.21% of the company’s stock.

Acuity Company Profile

Acuity Brands, Inc provides lighting, lighting controls, building management system, location-aware applications in the United States and internationally. The company operates in two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the A-Light, Aculux, American Electric Lighting, Cyclone, Dark to Light, eldoLED, Eureka, Gotham, Healthcare Lighting, Holophane, Hydrel, Indy, IOTA, Juno, Lithonia Lighting, Luminaire LED, Luminis, Mark Architectural Lighting, nLight, OPTOTRONIC, Peerless, RELOCWiring Solutions, and Sensor Switch.