Seizert Capital Partners LLC Has $58.14 Million Stake in Acuity, Inc. $AYI

Seizert Capital Partners LLC decreased its stake in shares of Acuity, Inc. (NYSE:AYI) by 30.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 194,882 shares of the electronics maker’s stock after selling 85,167 shares during the period. Acuity accounts for about 2.6% of Seizert Capital Partners LLC’s portfolio, making the stock its 6th largest holding. Seizert Capital Partners LLC owned 0.64% of Acuity worth $58,141,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Semanteon Capital Management LP bought a new stake in shares of Acuity during the 2nd quarter worth $341,000. Alberta Investment Management Corp boosted its position in Acuity by 46.5% during the second quarter. Alberta Investment Management Corp now owns 10,400 shares of the electronics maker’s stock valued at $3,103,000 after acquiring an additional 3,300 shares during the last quarter. Hedeker Wealth LLC raised its holdings in shares of Acuity by 2.6% during the second quarter. Hedeker Wealth LLC now owns 19,928 shares of the electronics maker’s stock valued at $5,945,000 after purchasing an additional 500 shares during the period. Intech Investment Management LLC grew its stake in Acuity by 17.9% in the second quarter. Intech Investment Management LLC now owns 33,636 shares of the electronics maker’s stock valued at $10,035,000 after acquiring an additional 5,103 shares during the period. Finally, Creative Planning raised its holdings in Acuity by 3.8% during the second quarter. Creative Planning now owns 4,721 shares of the electronics maker’s stock worth $1,409,000 after buying an additional 171 shares during the last quarter. Institutional investors and hedge funds own 98.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on AYI shares. TD Cowen upped their price objective on shares of Acuity from $330.00 to $390.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Acuity in a report on Thursday, November 13th. Oppenheimer raised their price objective on shares of Acuity from $380.00 to $435.00 and gave the company an “outperform” 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 Saturday. Finally, The Goldman Sachs Group lifted their price objective on shares of Acuity from $312.00 to $356.00 and gave the stock a “neutral” rating in a report on Thursday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $395.17.

Insider Buying and Selling

In other news, SVP Barry R. Goldman sold 4,687 shares of the firm’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $368.01, for a total transaction of $1,724,862.87. Following the transaction, the senior vice president owned 10,545 shares in the company, valued at approximately $3,880,665.45. This trade represents a 30.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 2.80% of the stock is owned by corporate insiders.

Acuity Stock Performance

Shares of NYSE AYI opened at $346.21 on Wednesday. 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, Inc. has a 52-week low of $216.81 and a 52-week high of $375.67. The company has a market cap of $10.60 billion, a PE ratio of 27.63, a PEG ratio of 1.94 and a beta of 1.62. The firm’s 50-day moving average price is $353.18 and its 200-day moving average price is $314.58.

Acuity (NYSE:AYI) last announced its earnings results on Wednesday, October 1st. The electronics maker reported $5.20 EPS for the quarter, topping analysts’ consensus estimates of $4.84 by $0.36. Acuity had a return on equity of 20.81% and a net margin of 9.13%.The company had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same period last year, the firm earned $4.30 EPS. Acuity’s revenue for the quarter was up 17.1% compared to the same quarter last year. Acuity has set its FY 2026 guidance at 19.000-20.500 EPS. As a group, analysts anticipate that Acuity, Inc. will post 15.86 EPS for the current year.

Acuity Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 3rd. Investors of record on Friday, October 17th were issued a dividend of $0.17 per share. The ex-dividend date was Friday, October 17th. This represents a $0.68 dividend on an annualized basis and a yield of 0.2%. Acuity’s payout ratio is presently 5.43%.

Acuity 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.