Q1 EPS Estimates for Acuity Brands Lifted by William Blair

Acuity Brands, Inc. (NYSE:AYI) – Equities researchers at William Blair increased their Q1 2025 earnings per share (EPS) estimates for shares of Acuity Brands in a report released on Thursday, January 2nd. William Blair analyst R. Merkel now expects that the electronics maker will post earnings per share of $3.63 for the quarter, up from their prior forecast of $3.50. William Blair has a “Outperform” rating on the stock. The consensus estimate for Acuity Brands’ current full-year earnings is $15.51 per share.

Other equities analysts have also issued research reports about the company. StockNews.com upgraded Acuity Brands from a “buy” rating to a “strong-buy” rating in a research note on Thursday. Robert W. Baird lifted their price objective on Acuity Brands from $280.00 to $318.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Oppenheimer lifted their price objective on Acuity Brands from $315.00 to $370.00 and gave the company an “outperform” rating in a research note on Wednesday, October 2nd. The Goldman Sachs Group lifted their price objective on Acuity Brands from $266.00 to $303.00 and gave the company a “neutral” rating in a research note on Wednesday, October 2nd. Finally, Wells Fargo & Company raised their target price on Acuity Brands from $289.00 to $305.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 2nd. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Acuity Brands presently has a consensus rating of “Moderate Buy” and an average target price of $324.00.

Acuity Brands Stock Performance

NYSE AYI opened at $301.60 on Monday. The stock has a 50-day simple moving average of $314.73 and a two-hundred day simple moving average of $278.57. The firm has a market capitalization of $9.31 billion, a P/E ratio of 22.44, a PEG ratio of 2.09 and a beta of 1.39. Acuity Brands has a fifty-two week low of $201.88 and a fifty-two week high of $337.99. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.16 and a current ratio of 2.72.

Insider Activity

In related news, SVP Barry R. Goldman sold 5,120 shares of Acuity Brands stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $305.00, for a total value of $1,561,600.00. Following the sale, the senior vice president now directly owns 8,438 shares in the company, valued at approximately $2,573,590. The trade was a 37.76 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 2.80% of the company’s stock.

Institutional Investors Weigh In On Acuity Brands

Several institutional investors have recently bought and sold shares of AYI. UMB Bank n.a. boosted its holdings in Acuity Brands by 517.6% in the 3rd quarter. UMB Bank n.a. now owns 105 shares of the electronics maker’s stock worth $29,000 after buying an additional 88 shares during the last quarter. Westside Investment Management Inc. purchased a new position in Acuity Brands in the 3rd quarter worth approximately $33,000. V Square Quantitative Management LLC purchased a new position in Acuity Brands in the 3rd quarter worth approximately $35,000. Prospera Private Wealth LLC purchased a new position in Acuity Brands in the 3rd quarter worth approximately $62,000. Finally, Quarry LP lifted its stake in Acuity Brands by 229.7% in the 3rd quarter. Quarry LP now owns 244 shares of the electronics maker’s stock worth $67,000 after purchasing an additional 170 shares in the last quarter. 98.21% of the stock is currently owned by institutional investors and hedge funds.

About Acuity Brands

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.