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FY2026 EPS Estimates for Acuity Brands, Inc. Reduced by Analyst (NYSE:AYI)

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Acuity Brands, Inc. (NYSE:AYI - Free Report) - Equities researchers at Zacks Research cut their FY2026 earnings per share (EPS) estimates for Acuity Brands in a report released on Wednesday, June 19th. Zacks Research analyst A. Ram now forecasts that the electronics maker will post earnings of $16.07 per share for the year, down from their prior forecast of $16.14. The consensus estimate for Acuity Brands' current full-year earnings is $14.48 per share.

Several other research firms have also recently weighed in on AYI. Wells Fargo & Company upped their target price on Acuity Brands from $260.00 to $295.00 and gave the stock an "overweight" rating in a research note on Thursday, April 4th. Robert W. Baird lowered their price target on shares of Acuity Brands from $286.00 to $280.00 and set a "neutral" rating for the company in a report on Tuesday, June 18th. Oppenheimer upped their price target on shares of Acuity Brands from $250.00 to $315.00 and gave the stock an "outperform" rating in a report on Thursday, April 4th. The Goldman Sachs Group upped their price target on shares of Acuity Brands from $227.00 to $261.00 and gave the stock a "neutral" rating in a report on Thursday, April 4th. Finally, StockNews.com upgraded shares of Acuity Brands from a "buy" rating to a "strong-buy" rating in a report on Friday, April 5th. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $287.75.


Read Our Latest Report on Acuity Brands

Acuity Brands Price Performance

NYSE AYI traded up $2.85 on Monday, hitting $241.57. 278,826 shares of the company's stock were exchanged, compared to its average volume of 260,314. The stock has a 50-day moving average of $255.11 and a 200-day moving average of $243.48. The company has a current ratio of 2.59, a quick ratio of 1.96 and a debt-to-equity ratio of 0.23. Acuity Brands has a 52 week low of $154.72 and a 52 week high of $272.74. The stock has a market cap of $7.44 billion, a price-to-earnings ratio of 20.20, a P/E/G ratio of 1.69 and a beta of 1.44.

Acuity Brands (NYSE:AYI - Get Free Report) last released its earnings results on Wednesday, April 3rd. The electronics maker reported $3.08 earnings per share for the quarter, topping the consensus estimate of $2.85 by $0.23. Acuity Brands had a return on equity of 21.22% and a net margin of 9.81%. The firm had revenue of $905.90 million during the quarter, compared to analysts' expectations of $897.01 million.

Acuity Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 1st. Investors of record on Wednesday, April 17th were issued a $0.15 dividend. The ex-dividend date was Tuesday, April 16th. This represents a $0.60 dividend on an annualized basis and a yield of 0.25%. Acuity Brands's payout ratio is 5.02%.

Insider Activity at Acuity Brands

In related news, CFO Karen J. Holcom sold 7,745 shares of the stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $262.24, for a total value of $2,031,048.80. Following the completion of the sale, the chief financial officer now directly owns 20,287 shares in the company, valued at $5,320,062.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Acuity Brands news, CFO Karen J. Holcom sold 7,745 shares of the stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $262.24, for a total transaction of $2,031,048.80. Following the completion of the sale, the chief financial officer now directly owns 20,287 shares in the company, valued at approximately $5,320,062.88. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Maya Leibman purchased 200 shares of the firm's stock in a transaction on Thursday, April 25th. The shares were acquired at an average price of $248.91 per share, with a total value of $49,782.00. Following the completion of the acquisition, the director now owns 200 shares in the company, valued at approximately $49,782. The disclosure for this purchase can be found here. 1.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Acuity Brands

Institutional investors and hedge funds have recently made changes to their positions in the stock. Venturi Wealth Management LLC boosted its position in shares of Acuity Brands by 77.3% during the 4th quarter. Venturi Wealth Management LLC now owns 133 shares of the electronics maker's stock worth $27,000 after purchasing an additional 58 shares in the last quarter. New Covenant Trust Company N.A. bought a new position in shares of Acuity Brands during the 1st quarter worth about $27,000. EdgeRock Capital LLC bought a new position in shares of Acuity Brands during the 4th quarter worth about $29,000. Raleigh Capital Management Inc. boosted its position in shares of Acuity Brands by 5,666.7% during the 4th quarter. Raleigh Capital Management Inc. now owns 173 shares of the electronics maker's stock worth $35,000 after purchasing an additional 170 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its position in shares of Acuity Brands by 85.7% during the 4th quarter. Global Retirement Partners LLC now owns 221 shares of the electronics maker's stock worth $50,000 after purchasing an additional 102 shares in the last quarter. Institutional investors own 98.21% of the company's stock.

Acuity Brands Company Profile

(Get Free Report)

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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