Assenagon Asset Management S.A. Purchases 51,357 Shares of Acuity, Inc. $AYI

Assenagon Asset Management S.A. boosted its position in shares of Acuity, Inc. (NYSE:AYI) by 252.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 71,678 shares of the electronics maker’s stock after acquiring an additional 51,357 shares during the period. Assenagon Asset Management S.A.’s holdings in Acuity were worth $20,086,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Orion Porfolio Solutions LLC increased its holdings in shares of 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 acquiring an additional 2,263,925 shares in the last quarter. M&T Bank Corp increased its holdings in shares of Acuity by 6,496.7% in the fourth quarter. M&T Bank Corp now owns 692,189 shares of the electronics maker’s stock valued at $249,216,000 after purchasing an additional 681,696 shares during the period. Norges Bank acquired a new position in shares of Acuity in the fourth quarter valued at about $138,747,000. Millennium Management LLC raised its stake in shares of Acuity by 98.4% in the third quarter. Millennium Management LLC now owns 571,017 shares of the electronics maker’s stock worth $196,653,000 after purchasing an additional 283,203 shares during the last quarter. Finally, Palestra Capital Management LLC purchased a new stake in Acuity in the third quarter valued at approximately $91,539,000. 98.21% of the stock is owned by hedge funds and other institutional investors.

Acuity Price Performance

AYI opened at $361.71 on Friday. The stock’s 50-day moving average price is $297.99 and its 200 day moving average price is $308.10. The company has a current ratio of 2.05, a quick ratio of 1.36 and a debt-to-equity ratio of 0.24. Acuity, Inc. has a 12-month low of $257.04 and a 12-month high of $380.17. The firm has a market cap of $10.97 billion, a price-to-earnings ratio of 23.99, a PEG ratio of 1.99 and a beta of 1.31.

Acuity (NYSE:AYI) last posted its quarterly earnings results on Thursday, June 25th. The electronics maker reported $5.31 EPS for the quarter, topping the consensus estimate of $5.17 by $0.14. Acuity had a net margin of 10.25% and a return on equity of 20.26%. The company had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter in the previous year, the business posted $5.12 EPS. The firm’s revenue was up 1.6% on a year-over-year basis. As a group, sell-side analysts expect that Acuity, Inc. will post 18.02 earnings per share for the current year.

Acuity Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 17th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, July 17th. Acuity’s dividend payout ratio (DPR) is presently 5.87%.

Insider Transactions at Acuity

In other news, Director Laura O’shaughnessy bought 1,000 shares of Acuity stock in a transaction that occurred on Wednesday, April 8th. The shares were purchased at an average price of $282.98 per share, for a total transaction of $282,980.00. Following the completion of the acquisition, the director owned 3,111 shares of the company’s stock, valued at $880,350.78. The trade was a 47.37% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Maya Leibman purchased 200 shares of Acuity stock in a transaction on Thursday, April 30th. The shares were acquired at an average cost of $288.83 per share, for a total transaction of $57,766.00. Following the completion of the transaction, the director owned 400 shares of the company’s stock, valued at $115,532. This represents a 100.00% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 2.90% of the stock is currently owned by corporate insiders.

More Acuity News

Here are the key news stories impacting Acuity this week:

• Positive Sentiment: Acuity reported Q3 adjusted EPS of $5.31 versus estimates around $5.17 and revenue of $1.20 billion versus $1.18 billion expected, reinforcing investor confidence in execution. Acuity Reports Fiscal 2026 Third-Quarter Results
• Positive Sentiment: Management raised the outlook, guiding FY2026 revenue to $4.8 billion and non-GAAP EPS to $19.75, both above consensus, which suggests the strong quarter may continue. Acuity: Q3 Earnings Brighten The Company’s Outlook
• Positive Sentiment: The Intelligent Spaces segment was a standout, with revenue up nearly 15%, gross margins above 60%, and operating margin expanding more than 800 basis points to 18.6%, highlighting improving profitability. Acuity: Q3 Earnings Brighten The Company’s Outlook
• Positive Sentiment: Analysts highlighted the beat, while a recent price-target increase from Robert W. Baird to $390 also reflects improved sentiment around the stock. Benzinga
• Neutral Sentiment: Acuity also confirmed its quarterly dividend and announced completion of the Distech Controls acquisition, which adds to the company’s strategic positioning but is less directly tied to the stock move. Acuity Brands Completes Acquisition of Distech Controls

Wall Street Analysts Forecast Growth

AYI has been the subject of several recent research reports. TD Cowen reissued a “buy” rating on shares of Acuity in a report on Thursday. The Goldman Sachs Group lifted their price target on Acuity from $295.00 to $358.00 and gave the company a “neutral” rating in a research report on Friday. Robert W. Baird boosted their price target on Acuity from $315.00 to $390.00 and gave the company a “neutral” rating in a report on Friday. Wells Fargo & Company lowered their price target on shares of Acuity from $385.00 to $370.00 and set an “overweight” rating on the stock in a report on Tuesday, March 3rd. Finally, Oppenheimer set a $465.00 price target on Acuity in a research report on Friday. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $397.17.

Acuity Profile

Acuity Brands, Inc (NYSE: AYI) is a leading provider of lighting fixtures, controls and building management solutions designed for commercial, institutional, industrial and residential markets. The company’s core offerings include a broad range of LED luminaires, lighting controls, sensors and networked building systems that enhance energy efficiency, occupant comfort and operational productivity. Acuity Brands’ portfolio spans indoor and outdoor lighting fixtures, emergency lighting, task lighting and architectural products, as well as advanced controls such as daylight harvesting, occupancy sensing and wireless sensor networks.

Beyond traditional lighting, Acuity Brands delivers integrated digital solutions through its Connected Building platform, which combines smart sensors, cloud-based analytics and mobile applications to enable real-time monitoring and remote management of lighting and environmental systems.