Zacks Research Weighs in on Acuity’s Q1 Earnings (NYSE:AYI)

Acuity, Inc. (NYSE:AYI) – Stock analysts at Zacks Research dropped their Q1 2026 earnings per share estimates for Acuity in a research report issued to clients and investors on Wednesday, October 15th. Zacks Research analyst Team now expects that the electronics maker will post earnings per share of $4.09 for the quarter, down from their prior forecast of $4.18. Zacks Research 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 Q2 2026 earnings at $3.99 EPS, Q4 2026 earnings at $5.23 EPS, FY2026 earnings at $18.39 EPS, Q1 2027 earnings at $4.82 EPS, Q2 2027 earnings at $4.74 EPS, Q3 2027 earnings at $5.39 EPS and Q4 2027 earnings at $5.34 EPS.

AYI has been the subject of several other reports. Cowen restated a “buy” rating on shares of Acuity in a research report on Thursday, October 2nd. TD Cowen boosted their target price on Acuity from $330.00 to $390.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. The Goldman Sachs Group boosted their target price on Acuity from $312.00 to $356.00 and gave the stock a “neutral” rating in a research report on Thursday, October 2nd. Wall Street Zen upgraded Acuity from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 27th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Acuity in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Acuity currently has an average rating of “Moderate Buy” and a consensus price target of $395.17.

Acuity Price Performance

Shares of AYI stock opened at $364.24 on Monday. The firm has a market cap of $11.16 billion, a price-to-earnings ratio of 29.07, a PEG ratio of 1.90 and a beta of 1.64. Acuity has a 12 month low of $216.81 and a 12 month high of $375.67. The stock has a 50-day moving average price of $339.19 and a 200 day moving average price of $295.90. The company has a quick ratio of 1.33, a current ratio of 1.95 and a debt-to-equity ratio of 0.33.

Acuity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 3rd. Investors of record on Friday, October 17th will be given a $0.17 dividend. The ex-dividend date is Friday, October 17th. This represents a $0.68 annualized dividend and a dividend yield of 0.2%. Acuity’s payout ratio is currently 5.43%.

Hedge Funds Weigh In On Acuity

Several institutional investors and hedge funds have recently modified their holdings of the business. Diversified Trust Co raised its position in shares of Acuity by 0.6% during the third quarter. Diversified Trust Co now owns 5,577 shares of the electronics maker’s stock worth $1,921,000 after acquiring an additional 35 shares during the last quarter. Brown Advisory Inc. raised its position in shares of Acuity by 1.8% during the second quarter. Brown Advisory Inc. now owns 2,134 shares of the electronics maker’s stock worth $637,000 after acquiring an additional 37 shares during the last quarter. Matrix Trust Co raised its position in shares of Acuity by 8.7% during the second quarter. Matrix Trust Co now owns 565 shares of the electronics maker’s stock worth $169,000 after acquiring an additional 45 shares during the last quarter. Benjamin Edwards Inc. raised its position in shares of Acuity by 2.4% during the first quarter. Benjamin Edwards Inc. now owns 1,935 shares of the electronics maker’s stock worth $510,000 after acquiring an additional 46 shares during the last quarter. Finally, Private Client Services LLC raised its position in shares of Acuity by 1.6% during the third quarter. Private Client Services LLC now owns 3,096 shares of the electronics maker’s stock worth $1,066,000 after acquiring an additional 48 shares during the last quarter. 98.21% of the stock is currently owned by institutional investors and hedge funds.

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.