Acuity Brands
About: Acuity is a leading industrial technology company that offers lighting, lighting controls, and intelligent building solutions. Acuity Brands designs, manufactures, and brings to market products and services relating to these and other offerings. Acuity Brands has two reportable segments: Acuity Brands Lighting and the Intelligent Spaces Group. ABL sells commercial, architectural, and specialty lighting, including components and control systems. ISG offers building management and audio/visual solutions to help make buildings intelligent.
Employees: 13,200
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
40% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 7 (+2) [Q3]
11% more capital invested
Capital invested by funds: $7.54B [Q2] → $8.34B (+$807M) [Q3]
4% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 57
8% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 169
2% less funds holding
Funds holding: 477 [Q2] → 468 (-9) [Q3]
2.94% less ownership
Funds ownership: 101.37% [Q2] → 98.43% (-2.94%) [Q3]
86% less call options, than puts
Call options by funds: $12.9M | Put options by funds: $90.7M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Oppenheimer Christopher Glynn 63% 1-year accuracy 17 / 27 met price target | 15%upside $380 | Outperform Maintained | 9 Jan 2025 |
Wells Fargo Joseph O'Dea 68% 1-year accuracy 21 / 31 met price target | 2%upside $336 | Equal-Weight Maintained | 9 Jan 2025 |
Financial journalist opinion
Based on 16 articles about AYI published over the past 30 days