Acuity (NYSE:AYI) Issues FY 2026 Earnings Guidance

Key Points

• Acuity Brands has provided its FY 2026 earnings guidance, projecting an EPS of 19.000-20.500 and revenue between $4.7 billion-$4.9 billion, exceeding consensus estimates.
• The company's stock rose by 8.1% to $372.12 amid trading, with an average target price set at $357.60 by analysts, reflecting a consensus rating of "Moderate Buy."
• Acuity recently declared a quarterly dividend of $0.17 per share, with a payout ratio of 5.36%, indicating strong financial health.

Acuity (NYSE:AYI - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 19.000-20.500 for the period, compared to the consensus EPS estimate of 18.760. The company issued revenue guidance of $4.7 billion-$4.9 billion, compared to the consensus revenue estimate of $4.8 billion.

Acuity Stock Up 8.1%

NYSE:AYI traded up $27.73 during mid-day trading on Wednesday, reaching $372.12. The stock had a trading volume of 260,413 shares, compared to its average volume of 331,059. The business's 50 day moving average is $325.25 and its 200 day moving average is $286.61. Acuity has a fifty-two week low of $216.81 and a fifty-two week high of $375.23. The stock has a market cap of $11.41 billion, a P/E ratio of 29.53, a PEG ratio of 1.89 and a beta of 1.65. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.99 and a quick ratio of 1.38.

Acuity Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Friday, October 17th will be issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, October 17th. Acuity's dividend payout ratio (DPR) is 5.36%.

Wall Street Analyst Weigh In

AYI has been the topic of several analyst reports. Wells Fargo & Company upgraded Acuity from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $320.00 to $380.00 in a report on Tuesday, September 2nd. Robert W. Baird increased their price target on Acuity from $335.00 to $360.00 and gave the company a "neutral" rating in a report on Thursday, September 25th. Morgan Stanley increased their price target on Acuity from $335.00 to $365.00 and gave the company an "overweight" rating in a report on Friday, June 27th. Finally, Wall Street Zen upgraded Acuity from a "buy" rating to a "strong-buy" rating in a report on Friday, June 27th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $357.60.

Institutional Investors Weigh In On Acuity

Several hedge funds have recently modified their holdings of AYI. Headlands Technologies LLC bought a new position in Acuity in the second quarter worth $51,000. Northwestern Mutual Wealth Management Co. lifted its position in Acuity by 372.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 208 shares of the electronics maker's stock worth $62,000 after purchasing an additional 164 shares during the period. Oxford Asset Management LLP bought a new position in Acuity in the second quarter worth $216,000. Meiji Yasuda Asset Management Co Ltd. bought a new position in Acuity in the second quarter worth $219,000. Finally, Tower Research Capital LLC TRC lifted its position in Acuity by 7.1% in the second quarter. Tower Research Capital LLC TRC now owns 967 shares of the electronics maker's stock worth $288,000 after purchasing an additional 64 shares during the period. 98.21% of the stock is owned by institutional investors.

Acuity Company Profile

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.

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