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

ABM Industries (NYSE:ABM) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 3.950-4.100 for the period, compared to the consensus earnings per share estimate of 3.980. The company issued revenue guidance of -.

ABM Industries Trading Up 7.8%

NYSE:ABM opened at $50.71 on Wednesday. ABM Industries has a 1 year low of $36.96 and a 1 year high of $50.95. The stock has a market cap of $2.97 billion, a P/E ratio of 19.51, a P/E/G ratio of 1.23 and a beta of 0.68. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.46 and a current ratio of 1.46. The stock has a 50-day simple moving average of $47.12 and a 200-day simple moving average of $43.17.

ABM Industries (NYSE:ABM) last issued its earnings results on Tuesday, September 8th. The business services provider reported $1.04 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.03. The business had revenue of $2.32 billion for the quarter, compared to analyst estimates of $2.32 billion. ABM Industries had a return on equity of 11.84% and a net margin of 1.75%.The business’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the company earned $0.82 EPS. ABM Industries has set its FY 2026 guidance at 3.950-4.100 EPS. As a group, analysts anticipate that ABM Industries will post 3.97 earnings per share for the current fiscal year.

ABM Industries Dividend Announcement

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

Analysts Set New Price Targets

Several analysts have recently weighed in on ABM shares. Robert W. Baird boosted their price objective on shares of ABM Industries from $45.00 to $48.00 and gave the stock a “neutral” rating in a research report on Monday, June 8th. Weiss Ratings upgraded shares of ABM Industries from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $47.00.

Insider Buying and Selling

In other ABM Industries news, CEO Scott Salmirs sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $46.34, for a total value of $2,317,000.00. Following the completion of the sale, the chief executive officer owned 395,285 shares in the company, valued at approximately $18,317,506.90. The trade was a 11.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.90% of the stock is currently owned by company insiders.

ABM Industries News Summary

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

• Positive Sentiment: Quarterly earnings beat expectations: Adjusted EPS rose 27% year over year to $1.04, exceeding the $1.01 consensus estimate and increasing from $0.82 a year earlier. Revenue reached a quarterly record of approximately $2.3 billion, up 4.2% year over year and in line with expectations. ABM Reports Fiscal Third Quarter 2026 Results
• Positive Sentiment: Profitability and cash generation improved: Adjusted EBITDA increased 11% to $139.6 million, while operating cash flow totaled $146.8 million and free cash flow reached $128.4 million for the quarter. Management also reported significant year-to-date cash-flow improvement.
• Positive Sentiment: Outlook was strengthened: ABM raised its fiscal 2026 adjusted EPS outlook to $3.95-$4.10 and increased its operating and free-cash-flow expectations. The guidance range brackets or exceeds the roughly $3.98 analyst consensus, supporting the view that earnings momentum may continue. ABM Industries Boosts FY26 Outlook; Declares Dividend
• Neutral Sentiment: Dividend maintained: ABM declared a quarterly dividend of $0.29 per share, payable November 2 to shareholders of record October 1. The annualized yield is approximately 2.3%, adding income support but not representing a major change in the company’s capital-return policy.
• Negative Sentiment: Risks remain: ABM operates with a thin net margin of 1.75%, and analysts continue to cite margin pressure and competition as potential constraints. Organic revenue growth was 2.1%, meaning part of the overall increase depended on acquisitions.

Institutional Trading of ABM Industries

Several institutional investors and hedge funds have recently bought and sold shares of the business. Corient Private Wealth LLC boosted its stake in shares of ABM Industries by 96.7% during the fourth quarter. Corient Private Wealth LLC now owns 13,053 shares of the business services provider’s stock worth $552,000 after buying an additional 6,416 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of ABM Industries by 21.7% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 8,988 shares of the business services provider’s stock valued at $380,000 after purchasing an additional 1,600 shares during the last quarter. XTX Topco Ltd increased its holdings in shares of ABM Industries by 695.2% in the fourth quarter. XTX Topco Ltd now owns 47,794 shares of the business services provider’s stock valued at $2,022,000 after purchasing an additional 41,784 shares during the period. Voloridge Investment Management LLC purchased a new stake in shares of ABM Industries during the fourth quarter worth approximately $3,195,000. Finally, Twinbeech Capital LP purchased a new stake in shares of ABM Industries during the fourth quarter worth approximately $1,931,000. Hedge funds and other institutional investors own 91.62% of the company’s stock.

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.