ABM Industries (NYSE:ABM) Price Target Lowered to $45.00 at Robert W. Baird

ABM Industries (NYSE:ABM) had its target price decreased by Robert W. Baird from $52.00 to $45.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the business services provider’s stock. Robert W. Baird’s price target would indicate a potential upside of 8.83% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on ABM. UBS Group reiterated a “neutral” rating and issued a $51.00 price objective (down from $55.00) on shares of ABM Industries in a report on Thursday, December 18th. Truist Financial restated a “hold” rating and set a $47.00 target price (down from $58.00) on shares of ABM Industries in a report on Wednesday, January 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ABM Industries in a research note on Wednesday, January 21st. Wall Street Zen cut shares of ABM Industries from a “buy” rating to a “hold” rating in a report on Saturday, December 13th. Finally, Maxim Group raised shares of ABM Industries from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research report on Wednesday. One equities research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $48.25.

ABM Industries Stock Performance

Shares of NYSE:ABM opened at $41.35 on Wednesday. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.86. The company has a 50-day moving average price of $44.78 and a 200-day moving average price of $44.78. The company has a market cap of $2.42 billion, a price-to-earnings ratio of 15.96 and a beta of 0.73. ABM Industries has a 12 month low of $39.12 and a 12 month high of $52.94.

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

Insider Activity

In other news, COO Rene Jacobsen sold 31,034 shares of the firm’s stock in a transaction that occurred on 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 owned 51,714 shares in the company, valued at $2,281,621.68. This trade represents a 37.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.90% of the company’s stock.

Institutional Investors Weigh In On ABM Industries

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd raised its holdings in ABM Industries by 590.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 608 shares of the business services provider’s stock worth $28,000 after purchasing an additional 520 shares in the last quarter. Quarry LP boosted its holdings in shares of ABM Industries by 667.0% during the 3rd quarter. Quarry LP now owns 882 shares of the business services provider’s stock valued at $41,000 after buying an additional 767 shares in the last quarter. First Horizon Corp grew its position in shares of ABM Industries by 141.4% in the 4th quarter. First Horizon Corp now owns 886 shares of the business services provider’s stock worth $37,000 after buying an additional 519 shares during the period. Covestor Ltd grew its position in shares of ABM Industries by 89.1% in the 4th quarter. Covestor Ltd now owns 1,055 shares of the business services provider’s stock worth $45,000 after buying an additional 497 shares during the period. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of ABM Industries in the 4th quarter worth about $46,000. 91.62% of the stock is owned by hedge funds and other institutional investors.

More ABM Industries News

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

• Positive Sentiment: Top-line beat — Q1 revenue of $2.24B (+6.1% YoY) exceeded consensus, showing demand growth across the business. ABM Industries misses earnings despite revenue beat
• Positive Sentiment: Large-venue & tech growth — ABM highlighted a Phillies partnership that showcases its tech platform and signals expansion in large-venue services, supporting longer-term revenue opportunities. ABM Phillies Deal Showcases Technology Platform And Large Venue Growth Aims
• Positive Sentiment: Strategic M&A — Management cited the WGNSTAR acquisition as strengthening its semiconductor services lineup, which could lift higher-margin growth over time. ABM Industries maintains 2026 EPS guidance of $3.85-$4.15 as WGNSTAR acquisition strengthens
• Positive Sentiment: Dividend supported — Company declared a quarterly dividend of $0.29 (annualized yield ~2.8%), which provides income support for shareholders and can temper sell pressure.
• Neutral Sentiment: Guidance reaffirmed but conservative vs. street — ABM reiterated FY2026 EPS guidance of $3.85–$4.15, which is below the consensus (~$4.03), leaving mixed interpretation about margin recovery timing. ABM Reports Fiscal First Quarter 2026 Results and Reaffirms Fiscal 2026 Outlook
• Negative Sentiment: EPS miss and margin pressure — Adjusted Q1 EPS of $0.83 missed estimates (~$0.87) and management discussed margin softness vs. last year, which pressured investor sentiment. ABM Industries Shares Slide After 1Q Adjusted Earnings Disappoint
• Negative Sentiment: Market reaction — Headlines note the stock has sunk to a 52-week low as investors punish the EPS miss and cautious guidance, amplifying near-term downside risk. ABM Industries stock sinks to 52-week low – here’s why

ABM Industries Company 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.