Maya Leibman Buys 200 Shares of Acuity (NYSE:AYI) Stock

Key Points

• Director Maya Leibman bought 200 shares on April 30 at an average price of $288.83, doubling her stake to 400 shares worth about $115,532, per an SEC filing.
• Acuity paid a quarterly dividend of $0.20 on May 1 (ex-dividend April 17), equal to $0.80 annualized for a yield of ~0.3% and a payout ratio of 5.87%.
• Analysts have a consensus rating of Moderate Buy with a $369.17 target; shares recently traded near $285.63 (50‑day MA $281.53, 200‑day MA $324.39), market cap ≈ $8.66B, PE ≈ 20.9, and ~98% institutional ownership.

Acuity, Inc. (NYSE:AYI - Get Free Report) Director Maya Leibman bought 200 shares of the firm's stock in a transaction on Thursday, April 30th. The stock was bought at an average price of $288.83 per share, with a total value of $57,766.00. Following the completion of the purchase, the director owned 400 shares of the company's stock, valued at $115,532. This trade represents a 100.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Acuity Stock Performance

AYI stock traded down $3.66 during midday trading on Monday, reaching $285.63. The company had a trading volume of 261,313 shares, compared to its average volume of 462,043. The company has a quick ratio of 1.36, a current ratio of 2.07 and a debt-to-equity ratio of 0.25. The stock has a 50 day moving average price of $281.53 and a 200 day moving average price of $324.39. Acuity, Inc. has a fifty-two week low of $249.60 and a fifty-two week high of $380.17. The firm has a market capitalization of $8.66 billion, a PE ratio of 20.94, a P/E/G ratio of 1.60 and a beta of 1.32.

Acuity Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 17th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Friday, April 17th. Acuity's payout ratio is presently 5.87%.

Hedge Funds Weigh In On Acuity

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Elyxium Wealth LLC purchased a new position in Acuity during the 4th quarter worth approximately $25,000. Miller Capital Partners Inc. purchased a new position in Acuity during the 4th quarter worth approximately $27,000. Financial Consulate Inc. purchased a new position in shares of Acuity during the 3rd quarter valued at $26,000. Entrust Financial LLC purchased a new position in shares of Acuity during the 4th quarter valued at $27,000. Finally, Root Financial Partners LLC purchased a new position in shares of Acuity during the 3rd quarter valued at $33,000. 98.21% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Weiss Ratings restated a "hold (c+)" rating on shares of Acuity in a research note on Friday, March 27th. Morgan Stanley decreased their target price on Acuity from $425.00 to $410.00 and set an "overweight" rating for the company in a research note on Monday, January 12th. The Goldman Sachs Group decreased their target price on Acuity from $342.00 to $295.00 and set a "neutral" rating for the company in a research note on Monday, April 6th. Robert W. Baird decreased their target price on Acuity from $320.00 to $315.00 and set a "neutral" rating for the company in a research note on Monday, April 6th. Finally, Wells Fargo & Company reduced their price objective on Acuity from $385.00 to $370.00 and set an "overweight" rating for the company in a research report on Tuesday, March 3rd. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Acuity presently has a consensus rating of "Moderate Buy" and a consensus target price of $369.17.

About Acuity

Acuity Brands, Inc NYSE: AYI is a leading provider of lighting fixtures, controls and building management solutions designed for commercial, institutional, industrial and residential markets. The company's core offerings include a broad range of LED luminaires, lighting controls, sensors and networked building systems that enhance energy efficiency, occupant comfort and operational productivity. Acuity Brands' portfolio spans indoor and outdoor lighting fixtures, emergency lighting, task lighting and architectural products, as well as advanced controls such as daylight harvesting, occupancy sensing and wireless sensor networks.

Beyond traditional lighting, Acuity Brands delivers integrated digital solutions through its Connected Building platform, which combines smart sensors, cloud-based analytics and mobile applications to enable real-time monitoring and remote management of lighting and environmental systems.

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