Triodos Investment Management BV decreased its position in shares of Acuity, Inc. (NYSE:AYI – Free Report) by 3.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 73,000 shares of the electronics maker’s stock after selling 2,500 shares during the period. Acuity comprises 1.9% of Triodos Investment Management BV’s holdings, making the stock its 22nd largest holding. Triodos Investment Management BV owned approximately 0.24% of Acuity worth $26,639,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in the company. NewEdge Advisors LLC lifted its stake in Acuity by 8,338.5% in the 1st quarter. NewEdge Advisors LLC now owns 1,097 shares of the electronics maker’s stock valued at $289,000 after purchasing an additional 1,084 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Acuity by 17.0% during the first quarter. Goldman Sachs Group Inc. now owns 76,543 shares of the electronics maker’s stock worth $20,158,000 after buying an additional 11,144 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Acuity by 372.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 208 shares of the electronics maker’s stock worth $62,000 after buying an additional 164 shares during the last quarter. Brown Advisory Inc. grew its holdings 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 valued at $637,000 after buying an additional 37 shares during the last quarter. Finally, Jump Financial LLC acquired a new position in shares of Acuity during the second quarter valued at about $762,000. Institutional investors and hedge funds own 98.21% of the company’s stock.
Insider Buying and Selling
In related news, Director Maya Leibman purchased 200 shares of the business’s stock in a transaction on Thursday, April 30th. The stock was acquired at an average price of $288.83 per share, with a total value of $57,766.00. Following the purchase, the director directly owned 400 shares in the company, valued at approximately $115,532. This represents a 100.00% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Laura O’shaughnessy acquired 1,000 shares of the business’s stock in a transaction dated Wednesday, April 8th. The stock was acquired at an average cost of $282.98 per share, with a total value of $282,980.00. Following the purchase, the director directly owned 3,111 shares in the company, valued at $880,350.78. This represents a 47.37% increase in their position. The disclosure for this purchase is available in the SEC filing. 2.90% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on Acuity
Acuity Price Performance
AYI stock opened at $305.01 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.07 and a quick ratio of 1.36. Acuity, Inc. has a one year low of $253.03 and a one year high of $380.17. The stock has a market cap of $9.25 billion, a PE ratio of 22.36, a P/E/G ratio of 1.66 and a beta of 1.32. The firm has a 50 day simple moving average of $284.13 and a two-hundred day simple moving average of $314.86.
Acuity (NYSE:AYI – Get Free Report) last released its quarterly earnings results on Thursday, April 2nd. The electronics maker reported $4.14 EPS for the quarter, topping analysts’ consensus estimates of $4.11 by $0.03. Acuity had a net margin of 9.37% and a return on equity of 20.74%. The business had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the previous year, the company earned $2.45 EPS. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. On average, analysts predict that Acuity, Inc. will post 18.06 EPS for the current fiscal year.
Acuity Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 17th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Friday, April 17th. Acuity’s payout ratio is currently 5.87%.
Acuity Company Profile
Acuity Brands, Inc (NYSE: AYI) is a leading provider of lighting fixtures, controls and building management solutions designed for commercial, institutional, industrial and residential markets. The company’s core offerings include a broad range of LED luminaires, lighting controls, sensors and networked building systems that enhance energy efficiency, occupant comfort and operational productivity. Acuity Brands’ portfolio spans indoor and outdoor lighting fixtures, emergency lighting, task lighting and architectural products, as well as advanced controls such as daylight harvesting, occupancy sensing and wireless sensor networks.
Beyond traditional lighting, Acuity Brands delivers integrated digital solutions through its Connected Building platform, which combines smart sensors, cloud-based analytics and mobile applications to enable real-time monitoring and remote management of lighting and environmental systems.
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