Q2 EPS Estimates for ABM Industries Reduced by William Blair

ABM Industries Incorporated (NYSE:ABM) – Equities research analysts at William Blair lowered their Q2 2025 earnings per share (EPS) estimates for shares of ABM Industries in a research note issued to investors on Wednesday, March 12th. William Blair analyst T. Mulrooney now anticipates that the business services provider will post earnings per share of $0.89 for the quarter, down from their prior forecast of $0.93. The consensus estimate for ABM Industries’ current full-year earnings is $3.71 per share.

ABM Industries (NYSE:ABM) last issued its quarterly earnings data on Wednesday, December 18th. The business services provider reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.03. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.08 billion. ABM Industries had a return on equity of 12.48% and a net margin of 0.97%. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.01 earnings per share.

Separately, UBS Group dropped their price objective on shares of ABM Industries from $56.00 to $50.00 and set a “neutral” rating on the stock in a research note on Thursday.

ABM Industries Stock Performance

Shares of ABM opened at $46.76 on Monday. The company’s 50 day simple moving average is $52.36 and its 200-day simple moving average is $53.30. ABM Industries has a 12-month low of $42.28 and a 12-month high of $59.78. The firm has a market cap of $2.91 billion, a PE ratio of 36.82, a price-to-earnings-growth ratio of 2.75 and a beta of 1.13. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.73.

Institutional Trading of ABM Industries

A number of institutional investors have recently bought and sold shares of ABM. SBI Securities Co. Ltd. purchased a new stake in ABM Industries during the 4th quarter worth about $33,000. Adirondack Trust Co. increased its stake in shares of ABM Industries by 28.6% during the 4th quarter. Adirondack Trust Co. now owns 900 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 200 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in shares of ABM Industries by 193.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 903 shares of the business services provider’s stock valued at $46,000 after purchasing an additional 595 shares during the last quarter. Sterling Capital Management LLC increased its holdings in shares of ABM Industries by 834.9% during the 4th quarter. Sterling Capital Management LLC now owns 2,038 shares of the business services provider’s stock worth $104,000 after buying an additional 1,820 shares during the last quarter. Finally, Quarry LP lifted its stake in shares of ABM Industries by 49.7% in the 3rd quarter. Quarry LP now owns 2,171 shares of the business services provider’s stock valued at $115,000 after purchasing an additional 721 shares in the last quarter. 91.62% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at ABM Industries

In other ABM Industries news, COO Rene Jacobsen sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $52.84, for a total transaction of $528,400.00. Following the transaction, the chief operating officer now owns 87,808 shares in the company, valued at approximately $4,639,774.72. The trade was a 10.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Dean A. Chin sold 4,281 shares of the stock in a transaction on Tuesday, January 14th. The stock was sold at an average price of $52.36, for a total value of $224,153.16. Following the completion of the transaction, the chief accounting officer now owns 18,681 shares of the company’s stock, valued at $978,137.16. The trade was a 18.64 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.90% of the company’s stock.

ABM Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 5th. Shareholders of record on Thursday, April 3rd will be given a dividend of $0.265 per share. The ex-dividend date is Thursday, April 3rd. This represents a $1.06 dividend on an annualized basis and a yield of 2.27%. ABM Industries’s payout ratio is currently 83.46%.

About ABM Industries

ABM Industries Incorporated, through its subsidiaries, engages in the provision of integrated facility, infrastructure, and mobility solutions in the United States and internationally. It operates through Business & Industry, Manufacturing & Distribution, Education, Aviation, and Technical Solutions segments.