ABM Industries (NYSE:ABM) Stock Rating Upgraded by Maxim Group

Key Points

• Maxim Group upgraded ABM from "hold" to "buy" with a $50 price objective (about a 20.9% upside), though the consensus remains a "Hold" with an average price target of $48.25 and four of five analysts at Hold.
• ABM reported Q1 revenue of $2.24 billion (+6.1% YoY) that beat estimates, but adjusted EPS of $0.83 missed expectations and management reaffirmed FY2026 guidance of $3.85–$4.15, a figure below street estimates that has pressured margins and the share price toward a 52‑week low.
• COO Rene Jacobsen sold 31,034 shares (a 37.5% reduction in his holdings); insiders now own 0.90% of the stock while institutional investors hold about 91.62%.

ABM Industries (NYSE:ABM - Get Free Report) was upgraded by stock analysts at Maxim Group from a "hold" rating to a "buy" rating in a research note issued on Wednesday,Finviz reports. The firm currently has a $50.00 price objective on the business services provider's stock. Maxim Group's price objective points to a potential upside of 20.93% from the company's previous close.

A number of other analysts have also weighed in on the company. Wall Street Zen lowered ABM Industries from a "buy" rating to a "hold" rating in a research note on Saturday, December 13th. Truist Financial reiterated a "hold" rating and set a $47.00 price target (down from $58.00) on shares of ABM Industries in a research report on Wednesday, January 21st. Weiss Ratings reissued a "hold (c)" rating on shares of ABM Industries in a report on Wednesday, January 21st. Finally, UBS Group restated a "neutral" rating and issued a $51.00 price objective (down from $55.00) on shares of ABM Industries in a research report on Thursday, December 18th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, ABM Industries currently has a consensus rating of "Hold" and an average price target of $48.25.

ABM Industries Stock Performance

NYSE ABM opened at $41.35 on Wednesday. The stock has a market cap of $2.42 billion, a P/E ratio of 15.96 and a beta of 0.73. The company's 50-day simple moving average is $44.78 and its 200 day simple moving average is $44.78. ABM Industries has a twelve month low of $39.12 and a twelve month high of $52.94. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.86.

ABM Industries (NYSE:ABM - Get Free Report) last announced its quarterly earnings results on Tuesday, March 10th. The business services provider reported $0.83 EPS for the quarter, missing analysts' consensus estimates of $0.87 by ($0.04). The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.19 billion. ABM Industries had a return on equity of 11.96% and a net margin of 1.86%.The firm's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.87 EPS. ABM Industries has set its FY 2026 guidance at 3.850-4.150 EPS. As a group, research analysts forecast that ABM Industries will post 3.71 earnings per share for the current fiscal year.

Insider Activity

In related news, COO Rene Jacobsen sold 31,034 shares of the firm's stock in a transaction dated 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 transaction, the chief operating officer owned 51,714 shares in the company, valued at $2,281,621.68. This trade represents a 37.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.90% of the stock is owned by company insiders.

Institutional Trading of ABM Industries

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

More ABM Industries News

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

• Positive Sentiment: Top-line beat — Q1 revenue of $2.24B (+6.1% YoY) exceeded consensus, showing demand growth across the business. ABM Industries misses earnings despite revenue beat
• Positive Sentiment: Large-venue & tech growth — ABM highlighted a Phillies partnership that showcases its tech platform and signals expansion in large-venue services, supporting longer-term revenue opportunities. ABM Phillies Deal Showcases Technology Platform And Large Venue Growth Aims
• Positive Sentiment: Strategic M&A — Management cited the WGNSTAR acquisition as strengthening its semiconductor services lineup, which could lift higher-margin growth over time. ABM Industries maintains 2026 EPS guidance of $3.85-$4.15 as WGNSTAR acquisition strengthens
• Positive Sentiment: Dividend supported — Company declared a quarterly dividend of $0.29 (annualized yield ~2.8%), which provides income support for shareholders and can temper sell pressure.
• Neutral Sentiment: Guidance reaffirmed but conservative vs. street — ABM reiterated FY2026 EPS guidance of $3.85–$4.15, which is below the consensus (~$4.03), leaving mixed interpretation about margin recovery timing. ABM Reports Fiscal First Quarter 2026 Results and Reaffirms Fiscal 2026 Outlook
• Negative Sentiment: EPS miss and margin pressure — Adjusted Q1 EPS of $0.83 missed estimates (~$0.87) and management discussed margin softness vs. last year, which pressured investor sentiment. ABM Industries Shares Slide After 1Q Adjusted Earnings Disappoint
• Negative Sentiment: Market reaction — Headlines note the stock has sunk to a 52-week low as investors punish the EPS miss and cautious guidance, amplifying near-term downside risk. ABM Industries stock sinks to 52-week low - here's why

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.

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