--- title: "Short Interest in ABM Industries Incorporated (NYSE:ABM) Drops By 30.9%" type: "News" locale: "en" url: "https://longbridge.com/en/news/272904829.md" description: "ABM Industries Incorporated (NYSE:ABM) experienced a significant decline in short interest, dropping 30.9% in December to 1,749,420 shares. This represents approximately 2.9% of the company's shares sold short, with a days-to-cover ratio of 1.5 days based on an average daily volume of 1,169,011 shares. Analysts have mixed ratings on the stock, with a consensus rating of \"Hold\" and a target price of $54.33. Recent insider activity includes COO Rene Jacobsen selling 31,034 shares. Institutional investors hold 91.62% of the stock, reflecting strong institutional interest." datetime: "2026-01-18T04:30:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/272904829.md) - [en](https://longbridge.com/en/news/272904829.md) - [zh-HK](https://longbridge.com/zh-HK/news/272904829.md) --- # Short Interest in ABM Industries Incorporated (NYSE:ABM) Drops By 30.9% ABM Industries Incorporated (NYSE:ABM - Get Free Report) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,749,420 shares, a decline of 30.9% from the December 15th total of 2,533,454 shares. Based on an average daily volume of 1,169,011 shares, the days-to-cover ratio is presently 1.5 days. Approximately 2.9% of the company's stock are sold short. Approximately 2.9% of the company's stock are sold short. Based on an average daily volume of 1,169,011 shares, the days-to-cover ratio is presently 1.5 days. Get **ABM Industries** alerts: ## Analyst Ratings Changes - Cintas’ $5.2B UniFirst Bid Ignites the Battle for Route Dominance ABM has been the subject of several research reports. UBS Group reissued a "neutral" rating and set a $51.00 price objective (down previously from $55.00) on shares of ABM Industries in a research report on Thursday, December 18th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of ABM Industries in a research note on Wednesday, October 8th. Finally, Wall Street Zen downgraded ABM Industries from a "buy" rating to a "hold" rating in a research note on Saturday, December 13th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, ABM Industries currently has a consensus rating of "Hold" and a consensus target price of $54.33. **Get Our Latest Research Report on ABM** ## Insider Activity - ABM Industries Stock: A Dividend King at a Discount In related news, COO Rene Jacobsen sold 31,034 shares of the stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $44.12, for a total transaction of $1,369,220.08. Following the completion of the sale, the chief operating officer directly owned 51,714 shares of the company's stock, valued at approximately $2,281,621.68. This represents a 37.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.90% of the company's stock. ## Institutional Investors Weigh In On ABM Industries Hedge funds and other institutional investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd grew its position in ABM Industries by 590.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 608 shares of the business services provider's stock worth $28,000 after buying an additional 520 shares in the last quarter. Quarry LP lifted its position in shares of ABM Industries by 667.0% during the 3rd quarter. Quarry LP now owns 882 shares of the business services provider's stock valued at $41,000 after acquiring an additional 767 shares during the period. Federated Hermes Inc. lifted its position in shares of ABM Industries by 34.7% during the 3rd quarter. Federated Hermes Inc. now owns 1,239 shares of the business services provider's stock valued at $57,000 after acquiring an additional 319 shares during the period. Kiker Wealth Management LLC acquired a new stake in shares of ABM Industries during the 2nd quarter worth $61,000. Finally, Parkside Financial Bank & Trust increased its holdings in ABM Industries by 18.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,612 shares of the business services provider's stock valued at $76,000 after buying an additional 246 shares during the period. 91.62% of the stock is currently owned by institutional investors and hedge funds. ## ABM Industries Stock Performance - Dividend King ABM Industries is on Track for New Highs Shares of NYSE ABM traded up $0.23 during midday trading on Friday, hitting $45.27. 787,703 shares of the company's stock were exchanged, compared to its average volume of 688,230. The company's 50 day moving average price is $43.43 and its 200 day moving average price is $45.52. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $2.72 billion, a PE ratio of 17.48 and a beta of 0.75. ABM Industries has a 12 month low of $40.00 and a 12 month high of $54.90. ABM Industries (NYSE:ABM - Get Free Report) last announced its quarterly earnings results on Wednesday, December 17th. The business services provider reported $0.88 EPS for the quarter, missing analysts' consensus estimates of $1.09 by ($0.21). The company had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.28 billion. ABM Industries had a net margin of 1.86% and a return on equity of 11.96%. The firm's quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the company posted $0.90 EPS. ABM Industries has set its FY 2026 guidance at 3.850-4.15 EPS. As a group, analysts predict that ABM Industries will post 3.71 earnings per share for the current fiscal year. ## ABM Industries Increases Dividend The firm also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Wednesday, January 14th will be given a $0.29 dividend. The ex-dividend date of this dividend is Wednesday, January 14th. This is a boost from ABM Industries's previous quarterly dividend of $0.27. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.6%. ABM Industries's dividend payout ratio (DPR) is presently 44.79%. ## ABM Industries Company Profile (Get Free Report) ABM Industries Incorporated is a leading provider of integrated facility services, offering a comprehensive suite of solutions designed to support the operation, maintenance and enhancement of commercial properties. The company's core services include janitorial and custodial maintenance, HVAC and mechanical systems support, electrical and lighting solutions, and energy optimization. Additional offerings span parking management, security services, landscaping, and specialized support such as technical solutions and sustainability consulting. Serving a diverse range of markets, ABM caters to clients in commercial real estate, aviation, healthcare, manufacturing, education, government entities, and technology campuses. ## Featured Stories - Five stocks we like better than ABM Industries - Elon Taking SpaceX Public! $100 Pre-IPO Opportunity! - How a Family Trust May Be Able To Help Preserve Your Wealth - Do not delete, read immediately - A U.S. “birthright” claim worth trillions - activated quietly - “Fed Proof” Your Bank Account with THESE 4 Simple Steps _This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com._ ## Should You Invest $1,000 in ABM Industries Right Now? Before you consider ABM Industries, you'll want to hear this. 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