Zacks Research Reduces Earnings Estimates for ABM Industries

ABM Industries Incorporated (NYSE:ABM) – Equities researchers at Zacks Research decreased their FY2026 earnings per share estimates for ABM Industries in a note issued to investors on Monday, March 30th. Zacks Research analyst Team now expects that the business services provider will post earnings per share of $3.91 for the year, down from their prior forecast of $3.95. The consensus estimate for ABM Industries’ current full-year earnings is $3.71 per share. Zacks Research also issued estimates for ABM Industries’ FY2027 earnings at $4.37 EPS.

ABM Industries (NYSE:ABM) last posted its quarterly earnings data on Tuesday, March 10th. The business services provider reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.04). The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.19 billion. ABM Industries had a return on equity of 11.77% and a net margin of 1.78%.ABM Industries’s revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.87 earnings per share. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS.

ABM has been the topic of a number of other reports. Wall Street Zen cut shares of ABM Industries from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. UBS Group lowered their price objective on shares of ABM Industries from $51.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, March 11th. Maxim Group raised shares of ABM Industries from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research note on Wednesday, March 11th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ABM Industries in a report on Wednesday, January 21st. Finally, Robert W. Baird decreased their target price on shares of ABM Industries from $52.00 to $45.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 11th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, ABM Industries currently has a consensus rating of “Hold” and a consensus target price of $46.25.

ABM Industries Stock Performance

Shares of NYSE ABM opened at $38.42 on Wednesday. The stock’s 50-day moving average is $43.04 and its 200 day moving average is $43.75. The stock has a market cap of $2.25 billion, a price-to-earnings ratio of 15.12 and a beta of 0.73. ABM Industries has a 1-year low of $36.96 and a 1-year high of $52.94. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.93.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in ABM. Nordea Investment Management AB boosted its position in ABM Industries by 1,068.7% during the 3rd quarter. Nordea Investment Management AB now owns 1,606,331 shares of the business services provider’s stock valued at $73,297,000 after buying an additional 1,468,887 shares during the period. Public Sector Pension Investment Board increased its position in shares of ABM Industries by 14.5% in the third quarter. Public Sector Pension Investment Board now owns 242,869 shares of the business services provider’s stock valued at $11,201,000 after acquiring an additional 30,761 shares during the period. Invenomic Capital Management LP increased its position in shares of ABM Industries by 86.6% in the third quarter. Invenomic Capital Management LP now owns 499,838 shares of the business services provider’s stock valued at $23,053,000 after acquiring an additional 231,988 shares during the period. AlphaQuest LLC bought a new position in shares of ABM Industries during the third quarter valued at about $4,329,000. Finally, Kennondale Capital Management LLC raised its stake in shares of ABM Industries by 85.6% during the third quarter. Kennondale Capital Management LLC now owns 65,779 shares of the business services provider’s stock valued at $3,034,000 after acquiring an additional 30,343 shares during the last quarter. 91.62% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other ABM Industries news, COO Rene Jacobsen sold 31,034 shares of the business’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 sale, the chief operating officer owned 51,714 shares in the company, valued at approximately $2,281,621.68. The trade was a 37.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.90% of the stock is owned by company insiders.

ABM Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, May 4th. Shareholders of record on Thursday, April 2nd will be paid a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, April 2nd. ABM Industries’s payout ratio is 45.67%.

Key Stories Impacting ABM Industries

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

• Positive Sentiment: Zacks raised its Q2 2026 EPS estimate to $0.92 (from $0.91) — a modest beat to the near-term quarterly outlook that can support sentiment if execution continues. Zacks revisions
• Positive Sentiment: Zacks also bumped Q4 2026 to $1.20 (from $1.19) and increased Q1 2028 to $1.02 (from $1.01), showing pockets of upward revision in later quarters. Zacks revisions
• Positive Sentiment: Q2 2027 estimate was raised to $1.05 (from $1.03), suggesting Zacks sees some recovery into FY2027. Zacks revisions
• Neutral Sentiment: Zacks published a full slate of quarterly estimates across 2026–2028, giving investors updated cadence to model seasonality and margin trends — useful but not market-moving by itself. Zacks report
• Negative Sentiment: Zacks trimmed FY2026 EPS to $3.91 (from $3.95), lowering near‑term full‑year profit expectations. Zacks revisions
• Negative Sentiment: FY2027 EPS was nudged down to $4.37 (from $4.38) — a small cut but notable given analysts’ consensus sits at $3.71, highlighting dispersion and uncertainty in forward estimates. Zacks revisions
• Negative Sentiment: Zacks lowered several quarterly forecasts (Q3 2026 to $0.96 from $0.98; Q3 2027 to $1.08 from $1.09; Q4 2027 to $1.23 from $1.24), signaling modest softness in mid‑term volume or margins. Zacks revisions

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.