Zacks Research Has Bullish Forecast for Acuity Q3 Earnings

Key Points

• Zacks Research has raised its Q3 2026 earnings per share estimate for Acuity to $5.09, up from $4.86, with a current full-year earnings estimate of $15.86.
• The stock has garnered a "Strong-Buy" rating from Zacks, along with increased price targets from various analysts, with Morgan Stanley setting a new target at $425.00.
• A quarterly dividend of $0.17 is set to be paid on November 3rd, representing an annualized dividend yield of 0.2%.

Acuity, Inc. (NYSE:AYI - Free Report) - Research analysts at Zacks Research increased their Q3 2026 EPS estimates for shares of Acuity in a report issued on Wednesday, October 15th. Zacks Research analyst Team now expects that the electronics maker will post earnings per share of $5.09 for the quarter, up from their prior estimate of $4.86. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for Acuity's current full-year earnings is $15.86 per share. Zacks Research also issued estimates for Acuity's FY2027 earnings at $20.28 EPS and FY2028 earnings at $22.55 EPS.

Other equities research analysts also recently issued reports about the stock. Wells Fargo & Company lifted their price target on shares of Acuity from $380.00 to $405.00 and gave the company an "overweight" rating in a research report on Thursday, October 2nd. Wall Street Zen raised shares of Acuity from a "buy" rating to a "strong-buy" rating in a research note on Friday, June 27th. Weiss Ratings reissued a "buy (b-)" rating on shares of Acuity in a research note on Wednesday, October 8th. Morgan Stanley boosted their price objective on shares of Acuity from $365.00 to $425.00 and gave the company an "overweight" rating in a research note on Thursday, October 2nd. Finally, TD Cowen lifted their target price on shares of Acuity from $330.00 to $390.00 and gave the company a "buy" rating in a report on Thursday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $395.17.

Acuity Price Performance

AYI stock opened at $360.96 on Friday. The firm has a 50 day moving average of $337.17 and a 200-day moving average of $293.90. Acuity has a 12-month low of $216.81 and a 12-month high of $375.67. The company has a current ratio of 1.95, a quick ratio of 1.33 and a debt-to-equity ratio of 0.33. The company has a market cap of $11.06 billion, a price-to-earnings ratio of 28.81, a PEG ratio of 1.96 and a beta of 1.64.

Institutional Investors Weigh In On Acuity

A number of institutional investors have recently modified their holdings of the business. Orion Porfolio Solutions LLC grew its position in Acuity by 50,220.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 2,268,433 shares of the electronics maker's stock worth $676,764,000 after purchasing an additional 2,263,925 shares during the last quarter. Balyasny Asset Management L.P. acquired a new stake in shares of Acuity in the 2nd quarter worth approximately $119,587,000. Norges Bank acquired a new stake in shares of Acuity in the 2nd quarter worth approximately $115,595,000. Boston Partners lifted its stake in Acuity by 64.0% during the second quarter. Boston Partners now owns 574,975 shares of the electronics maker's stock valued at $171,580,000 after purchasing an additional 224,469 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Acuity by 103.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 312,904 shares of the electronics maker's stock valued at $82,403,000 after purchasing an additional 158,741 shares during the last quarter. Institutional investors own 98.21% of the company's stock.

Acuity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Friday, October 17th will be given a $0.17 dividend. The ex-dividend date of this dividend is Friday, October 17th. This represents a $0.68 annualized dividend and a dividend yield of 0.2%. Acuity's payout ratio is presently 5.43%.

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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