ABM (NYSE: ABM) reported fiscal third-quarter 2026 revenue of $2.317 billion, up 4.2% from a year earlier, and net income of $49.7 million, up 19%. Basic and diluted earnings per share were each $0.84, compared with $0.67 in the prior-year quarter.
The company raised the midpoint of its full-year adjusted EPS outlook and increased its operating cash flow and free cash flow expectations. Third-quarter operating cash flow was $146.8 million and free cash flow was $128.4 million.
- Manufacturing & Distribution revenue increased 17.6%, while Aviation revenue rose 12.5%.
- Technical Solutions revenue increased 4.2%; Business & Industry revenue declined 2.6%.
- ABM expects full-year organic revenue growth near the top end of its 3% to 4% range and total revenue growth toward the top end of its 4% to 5% range.
- Full-year adjusted EPS guidance is $3.95 to $4.10, compared with the prior range of $3.85 to $4.15.
- The company expects approximately $300 million in operating cash flow and $210 million in free cash flow for the full year.
$ABM Insider Trading Activity
$ABM insiders have traded $ABM stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $ABM stock by insiders over the last 6 months:
- SCOTT B SALMIRS (President and CEO) has made 0 purchases and 2 sales selling 50,000 shares for an estimated $2,317,012.
- DEAN A CHIN (SVP - Chief Accounting Officer) sold 3,958 shares for an estimated $179,346
- RAUL JAVIER VALENTIN (EVP and CHRO) sold 1,639 shares for an estimated $78,672
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ABM Hedge Fund Activity
We have seen 195 institutional investors add shares of $ABM stock to their portfolio, and 159 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORGES BANK removed 776,604 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $34,356,960
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 728,156 shares (+inf%) to their portfolio in Q2 2026, for an estimated $32,213,621
- DEPRINCE RACE & ZOLLO INC added 532,205 shares (+inf%) to their portfolio in Q2 2026, for an estimated $23,544,749
- NOMURA ASSET MANAGEMENT INTERNATIONAL INC. removed 484,186 shares (-32.9%) from their portfolio in Q2 2026, for an estimated $21,420,388
- COPELAND CAPITAL MANAGEMENT, LLC added 414,038 shares (+inf%) to their portfolio in Q2 2026, for an estimated $18,317,041
- BLACKROCK, INC. added 407,521 shares (+4.6%) to their portfolio in Q2 2026, for an estimated $18,028,729
- AQR CAPITAL MANAGEMENT LLC added 400,268 shares (+108.6%) to their portfolio in Q2 2026, for an estimated $17,707,856
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
