ABM Industries
About: ABM Industries Inc is a provider of integrated facility solutions. It offers its solutions through five segments: Business and Industry, Manufacturing and Distribution, Education, Aviation and Technical solutions. The company derives the majority of its revenue from the business and industry segment, which encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues, as well as vehicle maintenance and other services to rental car providers. The company mainly operates in the United States of America.
Employees: 123,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
20% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 40
3% more funds holding
Funds holding: 289 [Q2] → 297 (+8) [Q3]
1% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 97
4% less capital invested
Capital invested by funds: $3.09B [Q2] → $2.98B (-$112M) [Q3]
7.36% less ownership
Funds ownership: 96.62% [Q2] → 89.26% (-7.36%) [Q3]
24% less call options, than puts
Call options by funds: $4.79M | Put options by funds: $6.28M
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
UBS Joshua Chan 92% 1-year accuracy 12 / 13 met price target | 0%downside $55 | Neutral Maintained | 9 Sept 2024 |
Truist Securities Jasper Bibb 71% 1-year accuracy 10 / 14 met price target | 0%downside $55 | Hold Maintained | 9 Sept 2024 |
Baird Andrew Wittmann 90% 1-year accuracy 26 / 29 met price target | 2%upside $56 | Neutral Maintained | 9 Sept 2024 |
