AYI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $308.76
Market Cap (MRQ) $9.29B
P/E (TTM) 20.5
EPS (TTM) $15.08
Revenue (TTM) $4.61B
Div Yield 0.22%
ROE (TTM) 17.4%
Debt/Equity (MRQ) 0.2
52W Range $257–$380

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04
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About Acuity Inc. Common Stock Company overview from Wikipedia

05 · wikidata

Acuity Inc. is an industrial technology company headquartered in Atlanta, Georgia, with operations throughout North America and in Europe and Asia. As of 2024 the company has approximately 12,000 employees and recorded net sales of $3.84 billion for the fiscal year. In terms of market share, Acuity Brands is the largest lighting manufacturer in North America.

History

The roots of Acuity Brands date back to 1919 when Isadore M. Weinstein founded the Atlanta Linen Supply company. Weinstein had previously been employed in the towel supply business in Cleveland, and after serving in World War I, he started his own business renting towels, uniforms, and linens. He opened several locations throughout the south, changing the name to the Southern Linen Service Corporation in 1920. The company went public in 1928 as National Linen Service Corporation and continued to grow, eventually expanding to markets in the southwest and west coast. By 1944, the company was listed on the New York Stock Exchange.

Following World War II, Weinstein's son, Milton, had taken over the company. In the 1950s, National Linen faced an antitrust suit due to its dominance in the otherwise fragmented linens industry. The suit was settled in 1956, and in an effort to assuage future antitrust concerns, the company began to diversify. National Linen's first acquisition outside of linens and uniforms was Zep Manufacturing Company, an Atlanta-based chemical and janitorial supply manufacturer, in 1962. Zep became synonymous with NSI's chemical division, acquiring Selig Chemical Industries in 1968 and several smaller acquisitions throughout the 1970s and 1980s. To better reflect its new variety of business units, National Linen became National Service Industries (NSI) in 1964. Zep co-founder Erwin Zaban, who had stayed on following the company's acquisition and was also Weinstein's neighbor, took over NSI's operation in 1966.

In 1969, NSI acquired Lithonia Lighting Inc., a light fixture manufacturer founded in Georgia in 1946, and established a lighting division. Along with the chemical division that grew out of the Zep acquisition, the lighting division that grew out of the Lithonia Lighting acquisition formed the foundation for what would eventually become Acuity Brands. NSI acquired several other lighting manufacturers over the next 30 years, the largest of which occurred in 1999, when Ohio-based Holophane Corporation, a large outdoor and industrial lighting manufacturer, was purchased. Zaban continued NSI's new expansion strategy of acquiring profitable companies without much consideration for synergy among the company's increasing number of business units throughout the 1970s and 1980s. Six business units remained at the core of NSI's operations: linens, chemicals, lighting, insulation, envelopes, and printing. However, the total number of business units ebbed and flowed throughout this period as Zaban acquired companies in a variety of other industries and divested as soon as they became unprofitable.

By the 1990s, NSI's lighting and chemical divisions made up more than half of the company's revenues and operating incomes combined, and both divisions were still rapidly growing. In 1992, NSI added Graham Group, Europe's second-largest specialty chemical manufacturer at the time, and Kleen Canada to its chemical division. NSI added outdoor lighting company Infranor Canada in 1995 and invested in a fluorescent lighting manufacturing facility in Monterrey, Mexico that would serve the entire North American market. The chemical division expanded further in 1997 with the acquisition of Enforcer Products and Pure Corporation.

In 2001, National Service Industries announced it would combine the lighting and chemical divisions and spin off that combined entity as a separate, publicly traded company. Initially incorporated as L&C Spinco in June 2001, it was renamed Acuity Brands in November of the same year.

James S. Balloun, who had taken over as CEO of NSI in the mid-1990s, moved with the spinoff to serve as the president, CEO, and chairman of the board. Balloun retired in September 2004 and was replaced by Vernon J. Nagel, who had joined the firm as executive vice president and chief financial officer in December 2001.

Effective July 2007, the company's chemical division, Acuity Specialty Products, spun off as Zep, Inc. and included the Zep, Enforcer, and Selig brands. The remaining Acuity Brands, Inc. became the holding company for Acuity Brands Lighting, which included the Lithonia Lighting, Holophane, Peerless, and Mark Architectural brands, among others.

Nagel's tenure as CEO saw the transition of the lighting industry to LED lighting as well as the rise of smart lighting and the internet of things. Acuity grew with these changes in technology, launching the Atrius IoT brand in 2017 after the acquisitions of Sensor Switch and organic creation of brands such as nLight and ROAM. In January 2020, after 16 years as president and CEO, Nagel stepped aside to become executive chairman, and Neil Ashe was named the new head of the company. In July 2024, Sach Sankpal was named president of Acuity Brands Lighting and Lighting Controls (ABL).

Products

The firm's products include luminaires, lighting controls, building system controllers, prismatic skylights, drivers, power supplies and integrated systems for indoor and outdoor applications in commercial, industrial, institutional, infrastructure and residential spaces.

They include recessed, surface, suspended, downlight, decorative, track and emergency indoor luminaires as well as outdoor lighting for street and roadway, parking, flood, landscape, site, area and underwater applications. It also provides digital networked lighting, building management and IoT. modular wiring, LED drivers, photo controls, occupancy sensors, dimming panels, relay panels, integrated lighting control systems, and products and services related to networked technology, building automation and building analytics.

The firm markets its products and services under a variety of brand names including Aculux, Eureka, Holophane, Juno, nLight, Pathway, and Distech.

== Acquisitions ==

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorIndustrials industryElectrical Equipment employees13,800 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$4.35B
2019-08-31 → 2025-08-31
EPS$12.53
2019-08-31 → 2025-08-31
Free Cash Flow$533M
2019-08-31 → 2025-08-31
Net margin10.3%
2019-08-31 → 2025-08-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend AYI 5Y avg Peer Median Verdict
P/E (TTM) 20.5 · 31.0 Undervalued
P/S (TTM) 2.0 · 2.3 Fair value
P/B (MRQ) 3.3 · 3.3 Fair value
EV / EBITDA 14.2 · 16.4 Undervalued
Price / FCF (TTM) 14.5 · · ·
Price / Cash Flow (TTM) 12.9 · 14.1 Pricier
EV / Revenue 2.3 · · ·
EV / FCF 18.6 · · ·
Price / Tangible Book (MRQ) 5.1 · · ·
PEG Ratio ≈1.4 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Dividend Yield0.22%
Payout Ratio5.2%
Annualized Payout≈$0.80Paid quarterly
5Y Div CAGR≈5.5%Per share, split-adjusted
Growth Streak≈2Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Jul 17, 2026$0.20USD≈0.23%
Apr 17, 2026$0.20USD≈0.25%
Feb 2, 2026$0.20USD≈0.22%
Oct 17, 2025$0.17USD≈0.19%
Jul 18, 2025$0.17USD≈0.23%
Apr 17, 2025$0.17USD≈0.28%
Feb 3, 2025$0.17USD≈0.20%
Oct 18, 2024$0.15USD≈0.20%
Jul 18, 2024$0.15USD≈0.23%
Apr 16, 2024$0.15USD≈0.22%
Feb 2, 2024$0.15USD≈0.23%
Oct 17, 2023$0.13USD≈0.29%
Jul 17, 2023$0.13USD≈0.31%
Apr 14, 2023$0.13USD≈0.33%
Feb 3, 2023$0.13USD≈0.27%
Oct 14, 2022$0.13USD≈0.32%
Jul 14, 2022$0.13USD≈0.32%
Apr 14, 2022$0.13USD≈0.30%
Jan 19, 2022$0.13USD≈0.25%
Oct 14, 2021$0.13USD≈0.25%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 4.5%
PeriodReportEPS ActualEPS EstSurprise
Dec. 31, 2026 $5.77 $5.62 2.7%
Sept. 30, 2026 Oct 1, 2026 $5.77 $5.62 2.7%
June 30, 2026 $5.31 $5.24 1.4%
March 31, 2026 $4.14 $4.04 2.5%
Dec. 31, 2025 $4.69 $4.64 1.2%
Sept. 30, 2025 $5.20 $4.89 6.4%
June 30, 2025 $5.12 $4.47 14.5%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 17
Metric Trend 202520242023202220212020201920182017201620152014
Revenue $4.35B$3.84B$3.95B$4.01B$3.46B$3.33B$3.67B$3.68B$3.51B$3.29B$2.71B$2.39B
Cost of Revenue $2.27B$2.06B$2.24B$2.33B$1.99B$1.92B$2.19B$2.19B$2.02B$1.86B$1.56B$1.41B
Gross Profit $2.08B$1.78B$1.71B$1.67B$1.48B$1.40B$1.48B$1.49B$1.48B$1.44B$1.15B$979M
R&D Expense $140M$102M$97M$95M$88M$82M$75M$64M$52M$47M$41M·
SG&A Expense $1.48B$1.23B$1.21B$1.16B$1.04B$1.03B$1.01B$1.02B$942M$946M$757M$680M
Operating Income $564M$553M$473M$510M$428M$354M$463M$461M$528M$475M$376M$299M
Interest Expense ··$28M$27M$24M$26M$36M$36M$34M$33M$33M$33M
Interest Income $20M$30M$9M$2M$1M$3M$3M$2M$2M$1M$1M$500.0K
Other Non-op $-42M$-9M$-8M$9M$-8M$-6M$-5M$-1M$-2M$2M$-1M$-1M
Pretax Income $500M$549M$447M$494M$396M$325M$425M$426M$493M$445M$344M$266M
Income Tax $104M$126M$101M$110M$90M$76M$94M$76M$171M$154M$122M$90M
Net Income $397M$423M$346M$384M$306M$248M$330M$350M$322M$291M$222M$176M
EPS (Basic) $12.85$13.68$10.88$11.23$8.44$6.29$8.32$8.54$7.46$6.67$5.13$4.07
EPS (Diluted) $12.53$13.44$10.76$11.08$8.38$6.27$8.29$8.52$7.43$6.63$5.09$4.05
Shares (Basic) 30,859,00030,885,00031,806,00034,182,00036,284,00039,453,00039,700,00040,900,00043,100,00043,500,00043,100,00042,800,000
Shares (Diluted) 31,641,00031,445,00032,164,00034,645,00036,554,00039,601,00039,800,00041,000,00043,300,00043,800,00043,400,00043,000,000
EBITDA $697M$644M$567M$604M$528M$455M$551M$535M$593M$538M$422M$342M
Balance Sheet 29
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents $422M$846M$398M$223M$491M$561M$461M$129M$311M$413M$757M$552M
Receivables $594M$563M$555M$666M$572M$500M$561M$638M$573M$573M$412M$373M
Inventory $527M$388M$368M$486M$399M$320M$341M$412M$329M$295M$225M$212M
Prepaid Expense $108M$75M$74M$91M$82M$59M$79M$32M$33M$42M$20M$27M
Other Current Assets ·······$32M$33M$42M$20M$48M
Current Assets $1.65B$1.87B$1.40B$1.47B$1.54B$1.44B$1.44B$1.21B$1.25B$1.32B$1.41B$1.19B
PP&E (Net) $343M$304M$298M$276M$269M$270M$277M$287M$288M$268M$175M$152M
PP&E (Gross) $1.10B$1000M$962M$892M$845M$803M$758M$729M$688M$646M$527M$500M
Accum. Depreciation $754M$696M$664M$615M$576M$532M$480M$442M$400M$378M$352M$347M
Goodwill $1.50B$1.10B$1.10B$1.08B$1.09B$1.08B$967M$971M$901M$948M$565M$569M
Intangibles $1.10B$440M$481M$529M$573M$606M$466M$499M$449M$381M$223M$232M
Other Non-current Assets $45M$32M$50M$48M$34M$30M$18M$19M$13M···
Total Assets $4.76B$3.81B$3.41B$3.48B$3.58B$3.49B$3.17B$2.99B$2.90B$2.95B$2.41B$2.17B
Accounts Payable $454M$352M$286M$398M$392M$326M$339M$451M$395M$401M$311M$287M
Short-term Debt ·$0$0$18M$0·······
Current Liabilities $846M$688M$595M$734M$692M$618M$596M$683M$601M$672M$521M$470M
Capital Leases $84M$58M$76M$67M$47M$57M······
Deferred Tax $25M$26M$59M$102M$101M$95M$93M$92M$108M$75M$32M$58M
Other Non-current Liabilities $139M$130M$129M$800.0K$9M$2M$5M$8M$6M$11M$9M$9M
Total Liabilities $2.03B$1.44B$1.39B$1.57B$1.53B$1.36B$1.25B$1.27B$1.23B$1.29B$1.05B$1.00B
Long-term Debt ····$494M$401M$357M$357M$357M$355M$352M$352M
Total Debt $897M$496M$496M$513M$494M$401M$357M$357M$357M$355M$352M$354M
Common Stock $500.0K$500.0K$500.0K$500.0K$500.0K$500.0K$500.0K$500.0K$500.0K$500.0K$500.0K$500.0K
Retained Earnings $4.29B$3.91B$3.51B$3.18B$2.81B$2.52B$2.30B$2.00B$1.66B$1.36B$1.09B$894M
Treasury Stock $2.65B$2.53B$2.44B$2.18B$1.66B$1.23B$1.16B$1.07B$776M$419M$420M$420M
AOCI $-76M$-115M$-113M$-126M$-98M$-133M$-151M$-115M$-100M$-139M$-110M$-72M
Stockholders' Equity $2.72B$2.38B$2.02B$1.91B$2.04B$2.13B$1.92B$1.72B$1.67B$1.66B$1.36B$1.16B
Liabilities + Equity $4.76B$3.81B$3.41B$3.48B$3.58B$3.49B$3.17B$2.99B$2.90B$2.95B$2.41B$2.17B
Shares Outstanding 30,700,00030,800,00031,100,00032,500,00035,200,00038,900,00039,500,00040,000,00041,800,00043,700,00043,300,00042,862,662
Cash Flow 18
Metric Trend 202520242023202220212020201920182017201620152014
D&A $133M$91M$93M$95M$100M$101M$88M$80M$75M$63M$46M$43M
Stock-based Comp $45M$47M$42M$37M$32M$38M$29M$32M$32M$28M$18M$18M
Deferred Tax $-45M$-34M$-48M$600.0K$-3M$-7M$9M$-38M$-8M$-8M$3M$-500.0K
Amort. of Intangibles $76M$40M$42M$41M$41M$42M$31M$28M$28M$21M$11M$11M
Restructuring $30M$0$27M$0$3M$20M$2M$6M$11M$15M$12M$-200.0K
Other Non-cash $72M$92M$145M$-200M$-28M$124M$38M$-71M$-104M$-27M$200.0K$-3M
Operating Cash Flow $601M$619M$578M$316M$409M$505M$495M$352M$337M$388M$289M$233M
CapEx $68M$64M$67M$56M$44M$55M$53M$44M$67M$84M$56M$35M
Investing Cash Flow $-1.28B$-65M$-91M$-62M$-118M$-360M$-53M$-204M$-49M$-705M$-72M$-34M
Debt Issued $600M$0$0$0$494M$400M$86M·$1M$2M$0$0
Net Debt Issued $400M·$0$0$93M$-351M$-400.0K$-400.0K$1M$2M··
Stock Repurchased $118M$89M$267M$515M$435M$69M$82M$298M$358M$0$0$0
Net Stock Activity $-118M$-89M$-267M$-515M$-435M$-69M$-82M$-298M$-358M$0·$0
Dividends Paid $21M$18M$17M$18M$19M$21M$21M$21M$23M$23M$23M$22M
Financing Cash Flow $255M$-104M$-313M$-512M$-363M$-50M$-108M$-327M$-392M$-23M$-4M$-6M
Net Change in Cash $-423M$448M$175M$-268M$-69M$100M$332M$-182M$-102M$-344M$204M$193M
Free Cash Flow $533M$555M$511M$260M$365M$450M$442M$310M$249M$262M$232M$198M
Levered FCF ··$490M$239M$346M$430M$413M$280M$227M$240M$211M$176M
Profitability 8
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 47.8%46.4%43.4%41.8%42.6%42.2%40.3%40.4%42.3%43.6%42.3%40.9%
Operating Margin 13.0%14.4%12.0%12.7%12.3%10.6%12.6%12.3%14.8%14.4%13.9%12.5%
Net Margin 9.1%11.0%8.8%9.6%8.8%7.5%9.0%9.5%9.2%8.8%8.2%7.3%
Pretax Margin 11.5%14.3%11.3%12.3%11.5%9.8%11.6%11.6%14.1%13.5%12.7%11.1%
EBITDA Margin 16.0%16.8%14.3%15.1%15.2%13.7%15.0%14.5%16.9%16.3%15.6%14.3%
ROA 8.5%11.7%10.1%10.9%8.7%7.4%10.7%11.9%11.0%10.9%9.7%8.6%
ROE 15.1%18.2%17.4%20.1%15.0%11.8%17.4%21.1%19.4%19.3%17.6%16.3%
ROIC 12.3%14.8%14.6%16.3%13.0%10.7%15.8%18.0%16.8%15.4%14.2%13.0%
Liquidity & Solvency 5
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 2.02.72.32.02.22.32.41.82.12.02.82.5
Quick Ratio 1.22.01.61.21.51.71.71.11.51.52.22.0
Debt / Equity 0.30.20.20.30.20.20.20.20.20.20.30.3
LT Debt / Equity 0.30.20.20.30.20.20.20.20.20.20.30.3
Interest Coverage ··17.018.917.713.412.712.815.214.311.59.2
Efficiency 3
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 0.91.11.11.11.01.01.21.21.21.21.21.2
Inventory Turnover 5.05.45.25.35.55.85.85.96.57.17.16.8
Receivables Turnover 7.56.96.56.56.56.36.16.16.16.76.96.9
Per Share 7
Metric Trend 202520242023202220212020201920182017201620152014
Book Value / Share $88.76$77.23$64.80$58.82$58.08$54.69$48.58$42.92·$37.91$31.41$27.14
Revenue / Share $137.34$122.15$122.88$115.63$94.56$84.00$92.28$89.76$80.95$75.14$62.37$55.66
Cash Flow / Share $19.01$19.69$17.97$9.13$11.17$12.75$12.43$8.61$7.30$7.89$6.66$5.42
Cash / Share $13.76$27.46$12.79$6.87$13.96$14.41$11.67$3.23·$9.44$17.48$12.89
Dividend / Share $0.66$0.58$0.52$0.52$0.52$0.52$0.52$0.52$0.52$0.52$0.52$0.52
Dividend Paid / Share ··$0.52$0.52$0.52$0.52$0.52$0.52$0.52$0.52$0.52$0.52
EPS (TTM) $12.53$13.44$10.76$11.08$8.38$6.27$8.29$8.52$7.43$6.63$5.09$4.05
Growth Rates 10
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 13.1%-2.8%-1.4%15.8%4.0%·······
Revenue CAGR 3Y 2.8%3.5%5.9%·········
Revenue CAGR 5Y 5.5%···········
EPS YoY -6.8%24.9%-2.9%32.2%33.7%·······
EPS CAGR 3Y 4.2%17.1%19.7%·········
EPS CAGR 5Y 14.8%···········
Net Income YoY -6.2%22.1%-9.9%25.4%23.4%·······
Net Income CAGR 3Y 1.1%11.3%11.7%·········
Net Income CAGR 5Y 9.8%···········
Dividends Paid CAGR 5Y -0.19%···········
Valuation (TTM) 17
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM $4.35B$3.84B$3.95B$4.01B$3.46B$3.33B$3.67B$3.68B$3.51B$3.29B$2.71B$2.39B
Net Income TTM $397M$423M$346M$384M$306M$248M$330M$350M$322M$291M$222M$176M
Market Cap $10.02B$7.84B$5.02B$5.33B$6.50B$4.25B$4.95B$6.11B·$12.05B$8.44B$5.31B
Enterprise Value $10.50B$7.50B$5.11B$5.62B$6.50B$4.09B$4.85B$6.34B·$11.99B$8.03B$5.11B
P/E 26.119.015.014.822.017.415.117.923.841.538.330.6
P/S 2.32.01.31.31.91.31.31.7·3.73.12.2
P/B 3.73.32.52.83.22.02.63.6·7.36.24.6
P / Tangible Book 76.99.311.517.917.29.6······
P / Cash Flow 16.712.78.716.815.98.410.017.3·34.829.222.8
P / FCF 18.814.19.820.517.89.411.219.7·46.036.326.8
EV / EBITDA 15.111.69.09.312.39.08.811.9·22.319.014.9
EV / FCF 19.713.510.021.617.89.111.020.5·45.834.625.8
EV / Revenue 2.42.01.31.41.91.21.31.7·3.63.02.1
Dividend Yield 0.21%0.23%0.33%0.34%0.29%0.49%0.42%0.35%·0.19%0.27%0.42%
Earnings Yield 3.8%5.3%6.7%6.8%4.5%5.7%6.6%5.6%4.2%2.4%2.6%3.3%
Payout Ratio 5.2%4.3%4.9%4.7%6.2%8.4%6.3%6.1%7.1%7.9%10.2%12.8%
Annual Payout $21M$18M$17M$18M$19M$21M$21M$21M$23M$23M$23M$22M

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-08-312025-05-312025-02-282024-11-302024-08-31
Revenue $4.35B · · · $3.84B
Gross Margin % 47.8% · · · 46.4%
Operating Margin % 13.0% · · · 14.4%
Net Income $397M · · · $423M
Diluted EPS $12.53 · · · $13.44

Institutional owners (13F) 689 filers · $12.0B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 689
Value held $12.0B
New positions 114
Exited positions 52
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
114 (+18 vs prior Q) 52 (-45 vs prior Q) 219 (+13 vs prior Q) 189 (+8 vs prior Q) +1.2M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
FMR LLC $1,357,509,193 3,604,071 11.35% Shares
BlackRock, Inc. $1,121,983,364 2,978,769 9.38% Shares
VANGUARD GROUP INC $1,066,377,634 2,961,831 8.92% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $541,153,072 1,436,715 4.53% Shares
VANGUARD CAPITAL MANAGEMENT LLC $515,811,387 1,369,435 4.31% Shares
AQR CAPITAL MANAGEMENT LLC $471,010,054 1,274,516 3.94% Shares
STATE STREET CORP $363,849,902 966,017 3.04% Shares
FULLER & THALER ASSET MANAGEMENT, INC. $290,830,600 772,130 2.43% Shares
GEODE CAPITAL MANAGEMENT, LLC $289,485,217 768,419 2.42% Shares
DIMENSIONAL FUND ADVISORS LP $288,700,929 766,536 2.41% Shares
AMERICAN CENTURY COMPANIES INC $280,013,188 743,411 2.34% Shares
JPMORGAN CHASE & CO $262,651,132 713,050 2.20% Shares
WELLINGTON MANAGEMENT GROUP LLP $247,922,507 658,213 2.07% Shares
Boston Partners $201,607,163 535,556 1.69% Shares
UBS Group AG $194,270,305 515,771 1.62% Shares
FIRST TRUST ADVISORS LP $163,556,248 434,229 1.37% Shares
FIL Ltd $159,614,195 423,762 1.34% Shares
GOLDMAN SACHS GROUP INC $143,971,616 382,232 1.20% Shares
MORGAN STANLEY $136,831,617 363,273 1.14% Shares
ALLEN OPERATIONS LLC $129,608,706 344,100 1.08% Shares
Fisher Asset Management, LLC $122,647,874 325,619 1.03% Shares
NORGES BANK $119,390,674 316,972 1.00% Shares
NORTHERN TRUST CORP $110,883,054 294,385 0.93% Shares
BANK OF AMERICA CORP /DE/ $106,018,491 281,470 0.89% Shares
Allianz Asset Management GmbH $103,947,990 275,973 0.87% Shares
Boston Trust Walden Corp $101,940,016 270,642 0.85% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $97,637,429 259,219 0.82% Shares
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. $92,191,169 244,768 0.77% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $82,804,558 219,839 0.69% Shares
EARNEST PARTNERS LLC $79,537,032 211,164 0.67% Shares
Bank of New York Mellon Corp $77,212,327 204,992 0.65% Shares
D. E. Shaw & Co., Inc. $74,420,106 197,579 0.62% Shares
VANGUARD FIDUCIARY TRUST CO $71,848,272 190,751 0.60% Shares
Greenstone Partners & Co., LLC $67,689,569 179,710 0.57% Shares
Greenstone Partners, L.P. $66,425,943 192,880 0.56% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $59,266,810 211,501 0.50% Shares
SEIZERT CAPITAL PARTNERS, LLC $56,021,395 148,732 0.47% Shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC $51,377,931 136,404 0.43% Shares
JUPITER ASSET MANAGEMENT LTD $51,272,090 136,123 0.43% Shares
STOREBRAND ASSET MANAGEMENT AS $47,052,744 124,921 0.39% Shares
Quantinno Capital Management LP $46,293,182 122,904 0.39% Shares
Gotham Asset Management, LLC $46,188,686 122,627 0.39% Shares
NEW YORK STATE COMMON RETIREMENT FUND $40,040,465 106,304 0.33% Shares
Invesco Ltd. $39,185,069 104,033 0.33% Shares
Alyeska Investment Group, L.P. $38,648,329 102,608 0.32% Shares
ASR Vermogensbeheer N.V. $38,039,600 100,996 0.32% Shares
Triodos Investment Management BV $35,029,380 93,000 0.29% Shares
JANE STREET GROUP, LLC $33,579,616 89,151 0.28% Shares
Arbejdsmarkedets Tillaegspension $33,296,744 88,400 0.28% Shares
DEUTSCHE BANK AG\ $33,087,698 87,845 0.28% Shares

Show all 689 institutional owners →

Company insiders 43 insiders · 20 officers · 24 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Neil Ashe President & CEO Oct. 24, 2025 F 72,202 0 0 $0
James S Balloun Chairman & CEO Jan. 20, 2004 A 46,173 0 0 $0
Karen J Holcom SVP & Chief Financial Officer Sept. 1, 2026 S 17,447 0 3 $-2,826,669
Jeremy M Quick EVP & CFO Nov. 8, 2010 S 31,024 0 0 $0
Edward H Bastian Former SVP & CFO July 20, 2005 D 0 0 0 $0
Barry R Goldman SVP & General Counsel July 2, 2026 S 4,856 0 10 $-3,802,651
Dianne S Mills SVP & Chief HR Officer Oct. 24, 2025 F 15,293 0 0 $0
Richard K Reece Executive Vice President Oct. 26, 2021 F 93,483 0 0 $0
Vernon J Nagel Executive Chairman Oct. 25, 2020 F 223,909 0 0 $0
Laurent J Vernerey Executive Vice President Nov. 1, 2018 F 16,220 0 0 $0
Mark A Black EVP Nov. 3, 2017 M 23,208 0 0 $0
Dan C. Smith SVP, Treasurer and Secretary April 6, 2011 F 18,647 0 0 $0
John T. Hartman EVP & Chief Commercial Officer Jan. 6, 2009 F 45,467 0 0 $0
Kenyon W Murphy EVP,CAO and General Counsel Dec. 20, 2007 G 31,241 0 0 $0
John K Morgan Executive Vice President Sept. 29, 2007 F 123,897 0 0 $0
William A Holl Executive Vice President June 6, 2007 F 25,472 0 0 $0
Joseph G Parham JR Senior Vice President HR Jan. 31, 2007 M 54,152 0 0 $0
Wesley E Wittich SVP, Audit Risk & Mgmt. Nov. 29, 2006 F 45,042 0 0 $0
Kenneth W Honeycutt Executive Vice President Dec. 10, 2005 F 45,796 0 0 $0
James H Heagle Executive Vice President Aug. 23, 2005 A 37,550 0 0 $0
Nicholas Tzitzon Director Sept. 24, 2026 A · 0 0 $0
Maya Leibman Director April 30, 2026 P 400 1 0 $57,766
Laura O'Shaughnessy Director April 8, 2026 P 3,111 1 0 $282,980
George Douglas Dillard JR Director Jan. 21, 2026 A 796 0 0 $0
Mark Sachleben Director Jan. 21, 2026 A 112 0 0 $0
Patrick W. Battle Director Jan. 21, 2026 A 3,238 0 0 $0
Marcia J Avedon Director Jan. 21, 2026 A · 0 0 $0
James H Hance JR Director Jan. 21, 2026 A 18,618 0 0 $0
Mary A Winston Director Jan. 24, 2024 A 4,027 0 0 $0
Dominic J Pileggi Director Jan. 5, 2022 A 745 0 0 $0
Ray M Robinson Director Jan. 5, 2022 A 5,462 0 0 $0
Robert F Mccullough Director Jan. 6, 2021 A 6,984 0 0 $0
Julia B North Director Nov. 1, 2019 A 3,734 0 0 $0
Norman H Wesley Director Nov. 1, 2018 A 6,343 0 0 $0
Gordon D Harnett Director Nov. 1, 2017 A 2,981 0 0 $0
George C Guynn Director Nov. 2, 2015 A 4,484 0 0 $0
Neil Williams Director Aug. 1, 2012 A 12,677 0 0 $0
John L Clendenin Director Nov. 5, 2010 M 9,886 0 0 $0
Earnest W Deavenport JR Director Aug. 1, 2007 A · 0 0 $0
Jay M Davis Director Nov. 1, 2006 A 5,000 0 0 $0
Leslie M Baker JR Director Dec. 1, 2003 A · 0 0 $0
Michael J Bender · Jan. 21, 2026 A · 0 0 $0
Peter C Browning · May 10, 2021 S 429 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 89 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
EPSV · Harbor ETF Trust 1.88% 349 NS July 31, 2026 N-PORT
CCSO · Tidal Trust II 0.97% 1,350 NS July 31, 2026 N-PORT
MCOW · Pacer Funds Trust 0.93% 30 NS July 31, 2026 N-PORT
SDVD · First Trust Exchange-Traded Fund IV 0.82% 22,660 NS July 31, 2026 N-PORT
FFLV · FIDELITY COVINGTON TRUST 0.73% 368 NS July 31, 2026 N-PORT
FFSM · FIDELITY COVINGTON TRUST 0.73% 33,505 NS July 31, 2026 N-PORT
FBCV · FIDELITY COVINGTON TRUST 0.70% 3,765 NS July 31, 2026 N-PORT
FNY · First Trust Exchange-Traded AlphaDE… 0.55% 9,747 NS July 31, 2026 N-PORT
SMDX · Tidal Trust III 0.52% 2,074 NS July 31, 2026 N-PORT
QIDX · Spinnaker ETF Series 0.52% 618 NS July 31, 2026 N-PORT
IVOG · VANGUARD ADMIRAL FUNDS 0.40% 20,206 SH Aug. 19, 2026 Daily
FXR · First Trust Exchange-Traded AlphaDE… 0.39% 8,827 NS July 31, 2026 N-PORT
IQSM · New York Life Investments ETF Trust 0.36% 3,649 NS July 31, 2026 N-PORT
MADE · iShares Trust 0.33% 611 SH Sept. 11, 2026 Daily
IVOO · VANGUARD ADMIRAL FUNDS 0.31% 48,683 SH Aug. 19, 2026 Daily
QVMM · Invesco Exchange-Traded Fund Trust … 0.30% 4,147 SH Oct. 2, 2026 Daily
PTMC · Pacer Funds Trust 0.28% 3,303 NS July 31, 2026 N-PORT
BKMC · BNY Mellon ETF Trust 0.26% 5,103 NS July 31, 2026 N-PORT
VBR · VANGUARD INDEX FUNDS 0.24% 441,355 SH Aug. 19, 2026 Daily
TRFM · ETF Series Solutions 0.23% 1,721 NS July 31, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.22% 13,298 NS July 31, 2026 N-PORT
ESML · iShares Trust 0.21% 18,864 SH Sept. 11, 2026 Daily
MIDU · Direxion Shares ETF Trust 0.21% 442 NS July 31, 2026 N-PORT
IVOV · VANGUARD ADMIRAL FUNDS 0.21% 8,276 SH Aug. 19, 2026 Daily
JQUA · J.P. Morgan Exchange-Traded Fund Tr… 0.20% 49,887 NS July 31, 2026 N-PORT
FNX · First Trust Exchange-Traded AlphaDE… 0.20% 8,204 NS July 31, 2026 N-PORT
NUSC · Nushares ETF Trust 0.19% 7,480 NS July 31, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.19% 88,491 NS July 31, 2026 N-PORT
FSMD · FIDELITY COVINGTON TRUST 0.18% 13,838 NS July 31, 2026 N-PORT
RWK · Invesco Exchange-Traded Fund Trust … 0.18% 7,514 SH Oct. 2, 2026 Daily
ISCG · iShares Trust 0.17% 5,201 SH Sept. 11, 2026 Daily
JVAL · J.P. Morgan Exchange-Traded Fund Tr… 0.17% 4,341 NS July 31, 2026 N-PORT
FAD · First Trust Exchange-Traded AlphaDE… 0.17% 2,925 NS July 31, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.16% 71,566 NS July 31, 2026 N-PORT
VIS · VANGUARD WORLD FUND 0.15% 34,945 SH Aug. 19, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.14% 695,361 SH Aug. 19, 2026 Daily
FTLS · First Trust Exchange-Traded Fund III 0.14% 10,328 NS July 31, 2026 N-PORT
FIDU · FIDELITY COVINGTON TRUST 0.14% 9,472 NS July 31, 2026 N-PORT
SMMD · iShares Trust 0.13% 16,113 SH Sept. 11, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.13% 345,615 SH Aug. 19, 2026 Daily
IYJ · iShares Trust 0.12% 7,188 SH Sept. 11, 2026 Daily
BSCU · Invesco Exchange-Traded Self-Indexe… 0.12% 3,710,000 Oct. 2, 2026 Daily
VFQY · VANGUARD WELLINGTON FUND 0.11% 1,416 SH Aug. 19, 2026 Daily
IWS · iShares Trust 0.09% 45,383 SH Sept. 11, 2026 Daily
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.09% 1,240 NS July 31, 2026 N-PORT
WSML · iShares Trust 0.08% 1,778 SH Sept. 11, 2026 Daily
RECS · Columbia ETF Trust I 0.08% 13,445 NS July 31, 2026 N-PORT
IWR · iShares Trust 0.07% 123,721 SH Sept. 11, 2026 Daily
PFIG · Invesco Exchange-Traded Fund Trust … 0.06% 90,000 Oct. 2, 2026 Daily
DFUV · Dimensional ETF Trust 0.06% 27,009 NS July 31, 2026 N-PORT
LRND · New York Life Investments ETF Trust 0.06% 676 NS July 31, 2026 N-PORT
JMOM · J.P. Morgan Exchange-Traded Fund Tr… 0.05% 3,874 NS July 31, 2026 N-PORT
DXUV · Dimensional ETF Trust 0.05% 843 NS July 31, 2026 N-PORT
LRGF · iShares Trust 0.05% 5,667 SH Sept. 11, 2026 Daily
EQAL · Invesco Exchange-Traded Fund Trust … 0.04% 1,111 SH Oct. 2, 2026 Daily
DFAC · Dimensional ETF Trust 0.04% 57,112 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.03% 2,368 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.03% 3,421 NS July 31, 2026 N-PORT
VEGN · ETF Series Solutions 0.03% 178 NS July 31, 2026 N-PORT
VONV · VANGUARD SCOTTSDALE FUNDS 0.03% 18,241 SH Aug. 19, 2026 Daily
IWD · iShares Trust 0.03% 67,160 SH Sept. 11, 2026 Daily
DSI · iShares Trust 0.03% 4,347 SH Sept. 11, 2026 Daily
PRF · Invesco Exchange-Traded Fund Trust 0.02% 7,587 SH Oct. 2, 2026 Daily
TILT · FlexShares Trust 0.02% 1,458 NS July 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.02% 962,771 SH Aug. 19, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.02% 4,989 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.02% 2,547 SH Aug. 19, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.02% 6,832 SH Aug. 19, 2026 Daily
DFAU · Dimensional ETF Trust 0.02% 7,141 NS July 31, 2026 N-PORT
IUSG · iShares Trust 0.02% 18,386 SH Sept. 11, 2026 Daily
IWB · iShares Trust 0.01% 21,459 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.01% 8,783 SH Sept. 11, 2026 Daily
DFUS · Dimensional ETF Trust 0.01% 8,546 NS July 31, 2026 N-PORT
IYY · iShares Trust 0.01% 1,270 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.01% 39,279 SH Sept. 11, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.01% 25,709 SH Aug. 19, 2026 Daily
IUSV · iShares Trust 0.01% 8,431 SH Sept. 11, 2026 Daily
OMFL · Invesco Exchange-Traded Self-Indexe… 0.01% 928 SH Oct. 2, 2026 Daily
BND · VANGUARD BOND INDEX FUNDS · · July 15, 2026 Daily
VCSH · VANGUARD SCOTTSDALE FUNDS · · July 15, 2026 Daily
VTC · VANGUARD SCOTTSDALE FUNDS · · July 30, 2026 Daily
BNDW · VANGUARD SCOTTSDALE FUNDS · · July 30, 2026 Daily
IJH · iShares Trust · 1,056,895 SH Sept. 11, 2026 Daily
IJK · iShares Trust · 118,632 SH Sept. 11, 2026 Daily
IJJ · iShares Trust · 49,039 SH Aug. 21, 2026 Daily
XJH · iShares Trust · 4,114 SH Sept. 8, 2026 Daily
ISCB · iShares Trust · 1,361 SH Sept. 11, 2026 Daily
ISCV · iShares Trust · 3,080 SH Sept. 11, 2026 Daily
SMLF · iShares Trust · 42,391 SH Sept. 11, 2026 Daily

AYI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 12 analysts BUY
Median target $390.00 +26.3%
3 25.0% Strong Buy
5 41.7% Buy
4 33.3% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

7 analysts · 2026-09-27

Mean target $398.29 +29.0%

← Below all targets Current price $308.76
Low$358.00 Mean$398.29 High$465.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
AYI $10.02B 26.1 13.1% 9.1% 15.1% 47.8%
HUBB $23.65B 26.9 3.8% 15.2% 24.5% 35.3%
VICR · 42.0 26.1% 26.2% 18.5% 57.3%
NXT · 31.4 20.3% 16.5% 27.1% 32.6%
GNRC · 50.7 -2.0% 3.8% 6.2% 38.3%
RRX $9.32B 33.4 -1.7% 4.7% 4.3% 37.4%
POWL $3.68B 20.5 9.1% 16.4% 30.6% 29.4%
ENS $6.33B 22.6 3.7% 7.8% 15.4% 29.3%
ST · 158.5 -5.8% 0.84% 1.1% ·
ATKR $2.11B -139.4 -11.0% -0.53% -1.1% 23.7%
PLUG · -1.4 12.9% -229.8% -120.3% -34.1%

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26

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Source: SEC 10-Q filed Jun 25, 2026