ABM Industries (ABM) to Release Earnings on Friday

ABM Industries (NYSE:ABM - Get Free Report) is expected to be announcing its Q2 2025 earnings results before the market opens on Friday, June 6th. Analysts expect the company to announce earnings of $0.88 per share and revenue of $2.07 billion for the quarter.

ABM Industries Stock Up 0.8%

Shares of NYSE:ABM traded up $0.41 on Friday, hitting $52.69. 430,877 shares of the company's stock were exchanged, compared to its average volume of 492,552. ABM Industries has a 1-year low of $40.85 and a 1-year high of $59.78. The company has a market capitalization of $3.28 billion, a PE ratio of 41.49, a P/E/G ratio of 2.75 and a beta of 0.78. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.33 and a current ratio of 1.33. The firm's 50-day moving average is $48.66 and its 200 day moving average is $51.43.

ABM Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, May 5th. Investors of record on Thursday, April 3rd were issued a $0.265 dividend. This represents a $1.06 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date was Thursday, April 3rd. ABM Industries's dividend payout ratio (DPR) is 84.13%.

Insider Buying and Selling at ABM Industries

In related news, CEO Scott B. Salmirs sold 12,135 shares of the firm's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $52.06, for a total transaction of $631,748.10. Following the transaction, the chief executive officer now owns 406,721 shares of the company's stock, valued at $21,173,895.26. This trade represents a 2.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Sean Michael Mahoney sold 574 shares of the business's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $50.06, for a total value of $28,734.44. Following the completion of the transaction, the executive vice president now owns 49,225 shares in the company, valued at $2,464,203.50. This trade represents a 1.15% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 52,374 shares of company stock worth $2,733,303. 0.90% of the stock is owned by insiders.

Institutional Trading of ABM Industries

A number of hedge funds have recently added to or reduced their stakes in ABM. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of ABM Industries by 5.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 180,038 shares of the business services provider's stock worth $8,527,000 after purchasing an additional 8,704 shares during the last quarter. Jane Street Group LLC increased its stake in shares of ABM Industries by 592.0% during the first quarter. Jane Street Group LLC now owns 140,201 shares of the business services provider's stock worth $6,640,000 after acquiring an additional 119,942 shares during the period. Royal Bank of Canada raised its holdings in ABM Industries by 0.4% during the first quarter. Royal Bank of Canada now owns 86,571 shares of the business services provider's stock worth $4,100,000 after purchasing an additional 312 shares in the last quarter. Millennium Management LLC raised its holdings in ABM Industries by 2.2% during the first quarter. Millennium Management LLC now owns 79,533 shares of the business services provider's stock worth $3,767,000 after purchasing an additional 1,734 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in ABM Industries by 2.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,983 shares of the business services provider's stock valued at $1,752,000 after purchasing an additional 984 shares during the period. 91.62% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, UBS Group dropped their target price on shares of ABM Industries from $56.00 to $50.00 and set a "neutral" rating on the stock in a research report on Thursday, March 13th.

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.