Upcoming Dividend • Apr 13
Upcoming dividend of US$0.20 per share Eligible shareholders must have bought the stock before 17 April 2026. Payment date: 01 May 2026. Payout ratio is a comfortable 5.1% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (1.2%). Reported Earnings • Apr 03
Second quarter 2026 earnings released: EPS: US$3.16 (vs US$2.50 in 2Q 2025) Second quarter 2026 results: EPS: US$3.16 (up from US$2.50 in 2Q 2025). Revenue: US$1.06b (up 4.9% from 2Q 2025). Net income: US$96.8m (up 25% from 2Q 2025). Profit margin: 9.2% (up from 7.7% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Mar 29
First quarter dividend of US$0.20 announced Shareholders will receive a dividend of US$0.20. Ex-date: 17th April 2026 Payment date: 1st May 2026 Dividend yield will be 0.3%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 5%. Cash payout ratio: 5%. Announcement • Mar 27
Acuity Inc. Declares Quarterly Dividend, Payable on May 1, 2026 Acuity Inc. will pay a quarterly dividend of 20 cents per share. The dividend is payable on May 1, 2026, to shareholders of record on April 17, 2026. Announcement • Feb 28
Acuity Inc. to Report Q2, 2026 Results on Apr 02, 2026 Acuity Inc. announced that they will report Q2, 2026 results at 6:00 AM, US Eastern Standard Time on Apr 02, 2026 Buy Or Sell Opportunity • Feb 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to US$309. The fair value is estimated to be US$389, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 5.0% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Declared Dividend • Jan 26
First quarter dividend increased to US$0.20 Dividend of US$0.20 is 18% higher than last year. Ex-date: 2nd February 2026 Payment date: 13th February 2026 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 5%. Cash payout ratio: 5%. Announcement • Jan 23
Acuity Inc. Announces Increase in Quarterly Dividend, Payable on February 13, 2026 Acuity Inc. Board of Directors increased the quarterly dividend by 17% to 20 cents per share from 17 cents per share. The dividend is payable on February 13, 2026, to shareholders of record on February 2, 2026. Reported Earnings • Jan 09
First quarter 2026 earnings released: EPS: US$3.92 (vs US$3.45 in 1Q 2025) First quarter 2026 results: EPS: US$3.92 (up from US$3.45 in 1Q 2025). Revenue: US$1.14b (up 20% from 1Q 2025). Net income: US$120.5m (up 13% from 1Q 2025). Profit margin: 11% (in line with 1Q 2025). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 12
Acuity Inc., Annual General Meeting, Jan 21, 2026 Acuity Inc., Annual General Meeting, Jan 21, 2026. Announcement • Dec 02
Acuity Inc. to Report Q1, 2026 Results on Jan 08, 2026 Acuity Inc. announced that they will report Q1, 2026 results at 6:00 AM, US Eastern Standard Time on Jan 08, 2026 Reported Earnings • Oct 29
Full year 2025 earnings released: EPS: US$12.85 (vs US$13.68 in FY 2024) Full year 2025 results: EPS: US$12.85 (down from US$13.68 in FY 2024). Revenue: US$4.35b (up 13% from FY 2024). Net income: US$396.6m (down 6.2% from FY 2024). Profit margin: 9.1% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Oct 05
Fourth quarter dividend of US$0.17 announced Shareholders will receive a dividend of US$0.17. Ex-date: 17th October 2025 Payment date: 3rd November 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 5%. Cash payout ratio: 4%. Reported Earnings • Oct 01
Full year 2025 earnings released: EPS: US$12.85 (vs US$13.68 in FY 2024) Full year 2025 results: EPS: US$12.85 (down from US$13.68 in FY 2024). Revenue: US$4.35b (up 13% from FY 2024). Net income: US$396.6m (down 6.2% from FY 2024). Profit margin: 9.1% (down from 11% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 01
Acuity Inc. Declares Quarterly Dividend, Payable on November 3, 2025 Acuity Inc. will pay a quarterly dividend of 17 cents per share. The dividend is payable on November 3, 2025, to shareholders of record on October 17, 2025. Announcement • Aug 29
Acuity Inc. to Report Q4, 2025 Results on Oct 01, 2025 Acuity Inc. announced that they will report Q4, 2025 results at 6:00 AM, US Eastern Standard Time on Oct 01, 2025 Buy Or Sell Opportunity • Aug 20
Now 20% undervalued Over the last 90 days, the stock has risen 17% to US$311. The fair value is estimated to be US$390, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.4%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Buy Or Sell Opportunity • Aug 05
Now 21% undervalued Over the last 90 days, the stock has risen 23% to US$307. The fair value is estimated to be US$387, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 8.4%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Upcoming Dividend • Jul 14
Upcoming dividend of US$0.17 per share Eligible shareholders must have bought the stock before 18 July 2025. Payment date: 01 August 2025. Payout ratio is a comfortable 4.9% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (1.8%). Recent Insider Transactions • Jul 02
Senior VP & CFO recently sold US$1.8m worth of stock On the 27th of June, Karen Holcom sold around 6k shares on-market at roughly US$301 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Karen's only on-market trade for the last 12 months. Board Change • Jul 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. Independent Director Michael Bender was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Declared Dividend • Jun 30
Third quarter dividend of US$0.17 announced Shareholders will receive a dividend of US$0.17. Ex-date: 18th July 2025 Payment date: 1st August 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 5%. Cash payout ratio: 4%. Reported Earnings • Jun 27
Third quarter 2025 earnings released: EPS: US$3.19 (vs US$3.70 in 3Q 2024) Third quarter 2025 results: EPS: US$3.19 (down from US$3.70 in 3Q 2024). Revenue: US$1.18b (up 22% from 3Q 2024). Net income: US$98.4m (down 14% from 3Q 2024). Profit margin: 8.3% (down from 12% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jun 26
Acuity Inc. Declares Quarterly Dividend, Payable on August 1, 2025 Acuity Inc. will pay a quarterly dividend of 17 cents per share. The dividend is payable on?August 1, 2025, to shareholders of record on?July 18, 2025. New Risk • Jun 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • May 30
Acuity Inc. to Report Q3, 2025 Results on Jun 26, 2025 Acuity Inc. announced that they will report Q3, 2025 results at 6:00 AM, US Eastern Standard Time on Jun 26, 2025 Reported Earnings • Apr 04
Second quarter 2025 earnings released: EPS: US$2.50 (vs US$2.89 in 2Q 2024) Second quarter 2025 results: EPS: US$2.50 (down from US$2.89 in 2Q 2024). Revenue: US$1.01b (up 11% from 2Q 2024). Net income: US$77.5m (down 13% from 2Q 2024). Profit margin: 7.7% (down from 9.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 14% per year. Declared Dividend • Mar 31
First quarter dividend of US$0.17 announced Shareholders will receive a dividend of US$0.17. Ex-date: 17th April 2025 Payment date: 1st May 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 4%. Cash payout ratio: 4%. Announcement • Mar 28
Acuity Inc. Declares Quarterly Dividend, Payable on May 1, 2025 Acuity Inc.?will pay a quarterly dividend of 17 cents per share. The dividend is payable on?May 1, 2025, to shareholders of record on?April 18, 2025. Announcement • Mar 04
Acuity Brands, Inc. to Report Q2, 2025 Results on Apr 03, 2025 Acuity Brands, Inc. announced that they will report Q2, 2025 results at 6:00 AM, US Eastern Standard Time on Apr 03, 2025 Buy Or Sell Opportunity • Feb 21
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at US$322. The fair value is estimated to be US$404, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Announcement • Feb 15
Acuity Brands, Inc. Announces Dianne S. Mills Intention to Retire as Senior Vice President and Chief Human Resources Officer On February 10, 2025, Dianne S. Mills, Senior Vice President and Chief Human Resources Officer, notified Acuity Brands, Inc. of her intent to retire from her current role with the Company effective December 31, 2025. It is currently expected that Ms. Mills will continue to serve as a strategic advisor to the Company for a period of time following her retirement as Senior Vice President and Chief Human Resources Officer. Buy Or Sell Opportunity • Feb 02
Now 20% undervalued Over the last 90 days, the stock has risen 9.2% to US$336. The fair value is estimated to be US$420, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 11%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Declared Dividend • Jan 26
First quarter dividend increased to US$0.17 Dividend of US$0.17 is 13% higher than last year. Ex-date: 3rd February 2025 Payment date: 14th February 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 4%. Cash payout ratio: 4%. Announcement • Jan 24
Acuity Brands, Inc. Declares Quarterly Dividend, Payable on February 14, 2025 Acuity Brands, Inc. announced that its Board of Directors (the “Board”) increased its quarterly dividend by 13% to?17 cents?per share from?15 cents?per share. The dividend is payable on?February 14, 2025, to shareholders of record on?February 3, 2025. Reported Earnings • Jan 10
First quarter 2025 earnings released: EPS: US$3.45 (vs US$3.25 in 1Q 2024) First quarter 2025 results: EPS: US$3.45 (up from US$3.25 in 1Q 2024). Revenue: US$951.6m (up 1.8% from 1Q 2024). Net income: US$106.7m (up 6.1% from 1Q 2024). Profit margin: 11% (in line with 1Q 2024). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 13% per year. Announcement • Jan 09
Acuity Brands, Inc. Provides Earnings Guidance for the Fiscal Year 2025 Acuity Brands, Inc. provided earnings guidance for the fiscal year 2025. For the year, the company's expectations for full year fiscal 2025 is that net sales will be within the range of $4.3 billion and $4.5 billion for total AYI. Buy Or Sell Opportunity • Dec 19
Now 23% undervalued Over the last 90 days, the stock has risen 13% to US$301. The fair value is estimated to be US$390, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 9.9% per annum over the same time period. Announcement • Dec 13
Acuity Brands, Inc., Annual General Meeting, Jan 22, 2025 Acuity Brands, Inc., Annual General Meeting, Jan 22, 2025. Announcement • Dec 05
Acuity Brands, Inc. to Report Q1, 2025 Results on Jan 09, 2025 Acuity Brands, Inc. announced that they will report Q1, 2025 results at 6:00 AM, US Eastern Standard Time on Jan 09, 2025 Recent Insider Transactions • Oct 30
Senior VP & General Counsel recently sold US$907k worth of stock On the 28th of October, Barry Goldman sold around 3k shares on-market at roughly US$305 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$3.8m more than they bought in the last 12 months. Upcoming Dividend • Oct 14
Upcoming dividend of US$0.15 per share Eligible shareholders must have bought the stock before 18 October 2024. Payment date: 01 November 2024. Payout ratio is a comfortable 4.2% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of British dividend payers (5.6%). Lower than average of industry peers (2.2%). New Risk • Oct 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 02
Full year 2024 earnings released: EPS: US$13.68 (vs US$10.88 in FY 2023) Full year 2024 results: EPS: US$13.68 (up from US$10.88 in FY 2023). Revenue: US$3.84b (down 2.8% from FY 2023). Net income: US$422.6m (up 22% from FY 2023). Profit margin: 11% (up from 8.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Sep 30
Third quarter dividend of US$0.15 announced Shareholders will receive a dividend of US$0.15. Ex-date: 18th October 2024 Payment date: 1st November 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 4%. Cash payout ratio: 4%. Announcement • Sep 27
Acuity Brands, Inc. Declares Quarterly Dividend, Payable on November 1, 2024 The Board of Directors of Acuity Brands, Inc. declared a quarterly dividend of 15 cents per share. The dividend is payable on November 1, 2024, to shareholders of record on October 18, 2024. Announcement • Sep 17
Acuity Brands, Inc. to Report Q4, 2024 Results on Oct 01, 2024 Acuity Brands, Inc. announced that they will report Q4, 2024 results at 6:00 AM, Eastern Standard Time on Oct 01, 2024 Announcement • Jul 31
Acuity Brands, Inc. Appoints Sach Sankpal as President of Acuity Brands Lighting and Lighting Controls Acuity Brands, Inc. announced that Sach Sankpal, SVP and Chief Growth and Transformation Officer, has been appointed as President of Acuity Brands Lighting and Lighting Controls. Trevor Palmer, the current President of the ABL business, has made many positive contributions to the business, leading ABL through several years of transformation that positions the company for future success. He will be leaving the Company after a successful tenure. Declared Dividend • Jul 01
Third quarter dividend of US$0.15 announced Shareholders will receive a dividend of US$0.15. Ex-date: 18th July 2024 Payment date: 1st August 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 4%. Cash payout ratio: 4%. Reported Earnings • Jun 28
Third quarter 2024 earnings released: EPS: US$3.70 (vs US$3.31 in 3Q 2023) Third quarter 2024 results: EPS: US$3.70 (up from US$3.31 in 3Q 2023). Revenue: US$968.1m (down 3.2% from 3Q 2023). Net income: US$113.9m (up 8.5% from 3Q 2023). Profit margin: 12% (up from 11% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year. Announcement • Jun 27
Acuity Brands Declares Quarterly Dividend, Payable on August 1, 2024 The Board of Directors of Acuity Brands, Inc. declared a quarterly dividend of 15 cents per share. The dividend is payable on August 1, 2024, to shareholders of record on July 18, 2024. Announcement • Jun 02
Acuity Brands, Inc. to Report Q3, 2024 Results on Jun 27, 2024 Acuity Brands, Inc. announced that they will report Q3, 2024 results at 6:00 AM, US Eastern Standard Time on Jun 27, 2024 Buy Or Sell Opportunity • May 29
Now 20% undervalued Over the last 90 days, the stock has risen 3.0% to US$258. The fair value is estimated to be US$323, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 7.1% in 2 years. Earnings are forecast to grow by 20% in the next 2 years. Buy Or Sell Opportunity • May 02
Now 21% undervalued Over the last 90 days, the stock has risen 1.8% to US$242. The fair value is estimated to be US$307, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 20% in the next 2 years. Buy Or Sell Opportunity • Apr 24
Now 21% undervalued Over the last 90 days, the stock has risen 6.4% to US$251. The fair value is estimated to be US$317, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 6.8% in 2 years. Earnings are forecast to grow by 18% in the next 2 years. Buy Or Sell Opportunity • Apr 17
Now 21% undervalued Over the last 90 days, the stock has risen 12% to US$251. The fair value is estimated to be US$318, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 5.8% in 2 years. Earnings are forecast to grow by 16% in the next 2 years. Recent Insider Transactions • Apr 06
Senior VP & CFO recently sold US$1.1m worth of stock On the 4th of April, Karen Holcom sold around 4k shares on-market at roughly US$262 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.4m. This was Karen's only on-market trade for the last 12 months. Reported Earnings • Apr 03
Second quarter 2024 earnings released: EPS: US$2.89 (vs US$2.60 in 2Q 2023) Second quarter 2024 results: EPS: US$2.89 (up from US$2.60 in 2Q 2023). Revenue: US$905.9m (down 4.0% from 2Q 2023). Net income: US$89.2m (up 7.2% from 2Q 2023). Profit margin: 9.8% (up from 8.8% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Apr 01
First quarter dividend of US$0.15 announced Shareholders will receive a dividend of US$0.15. Ex-date: 16th April 2024 Payment date: 1st May 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.8%. Payout Ratios Payout ratio: 4%. Cash payout ratio: 4%. Announcement • Mar 29
Acuity Brands, Inc. Declares Quarterly Dividend, Payable on May 1, 2024 The Board of Directors of Acuity Brands, Inc. declared a quarterly dividend of 15 cents per share. The dividend is payable on May 1, 2024, to shareholders of record on April 17, 2024. Announcement • Mar 07
Acuity Brands, Inc. to Report Q2, 2024 Results on Apr 03, 2024 Acuity Brands, Inc. announced that they will report Q2, 2024 results at 6:00 AM, US Eastern Standard Time on Apr 03, 2024 Declared Dividend • Jan 28
First quarter dividend increased to US$0.15 Dividend of US$0.15 is 15% higher than last year. Ex-date: 2nd February 2024 Payment date: 14th February 2024 Dividend yield will be 0.2%, which is lower than the industry average of 1.9%. Payout Ratios Payout ratio: 4%. Cash payout ratio: 3%. Announcement • Jan 26
Acuity Brands, Inc. Increases Quarterly Dividend, Payable on February 14, 2024 Acuity Brands, Inc. announced that its Board of Directors increased its quarterly dividend by 15% to 15 cents per share from 13 cents per share. The dividend is payable on February 14, 2024, to shareholders of record on February 5, 2024. Recent Insider Transactions • Jan 21
Insider recently sold US$1.4m worth of stock On the 18th of January, Dianne Mills sold around 6k shares on-market at roughly US$225 per share. This transaction amounted to 73% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.7m more than they bought in the last 12 months. Recent Insider Transactions • Jan 12
Senior VP & General Counsel recently sold US$429k worth of stock On the 10th of January, Barry Goldman sold around 2k shares on-market at roughly US$226 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$330k more than they bought in the last 12 months. Buying Opportunity • Jan 12
Now 21% undervalued Over the last 90 days, the stock is up 25%. The fair value is estimated to be US$281, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 3.5% in 2 years. Earnings is forecast to grow by 11% in the next 2 years. Reported Earnings • Jan 09
First quarter 2024 earnings released: EPS: US$3.25 (vs US$2.32 in 1Q 2023) First quarter 2024 results: EPS: US$3.25 (up from US$2.32 in 1Q 2023). Revenue: US$934.7m (down 6.3% from 1Q 2023). Net income: US$100.6m (up 34% from 1Q 2023). Profit margin: 11% (up from 7.5% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 17
Acuity Brands, Inc., Annual General Meeting, Jan 24, 2024 Acuity Brands, Inc., Annual General Meeting, Jan 24, 2024, at 13:00 Eastern Standard Time. Announcement • Dec 02
Acuity Brands, Inc. to Report Q1, 2024 Results on Jan 09, 2024 Acuity Brands, Inc. announced that they will report Q1, 2024 results at 6:00 AM, US Eastern Standard Time on Jan 09, 2024 Reported Earnings • Oct 05
Full year 2023 earnings released: EPS: US$10.88 (vs US$11.23 in FY 2022) Full year 2023 results: EPS: US$10.88 (down from US$11.23 in FY 2022). Revenue: US$3.95b (down 1.3% from FY 2022). Net income: US$346.0m (down 9.9% from FY 2022). Profit margin: 8.8% (in line with FY 2022). Revenue is forecast to stay flat during the next 2 years compared to a 21% growth forecast for the Electrical industry in the United Kingdom. Announcement • Sep 29
Acuity Brands, Inc. Declares Quarterly Dividend, Payable on November 1, 2023 Acuity Brands, Inc. declared a quarterly dividend of 13 cents per share. The dividend is payable on November 1, 2023, to shareholders of record on October 18, 2023. Announcement • Sep 01
Acuity Brands, Inc. to Report Q4, 2023 Results on Oct 04, 2023 Acuity Brands, Inc. announced that they will report Q4, 2023 results at 6:00 AM, US Eastern Standard Time on Oct 04, 2023 Buying Opportunity • Aug 18
Now 22% undervalued Over the last 90 days, the stock is up 1.1%. The fair value is estimated to be US$203, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to decline by 1.7% in 2 years. Earnings is forecast to decline by 4.3% in the next 2 years. Upcoming Dividend • Jul 10
Upcoming dividend of US$0.13 per share at 0.3% yield Eligible shareholders must have bought the stock before 17 July 2023. Payment date: 01 August 2023. Payout ratio is a comfortable 4.4% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of British dividend payers (6.3%). Lower than average of industry peers (2.3%). New Risk • Jul 02
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. Reported Earnings • Jun 30
Third quarter 2023 earnings released: EPS: US$3.31 (vs US$3.10 in 3Q 2022) Third quarter 2023 results: EPS: US$3.31. Revenue: US$1.00b (down 5.7% from 3Q 2022). Net income: US$105.0m (flat on 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Electrical industry in the United Kingdom. Announcement • May 26
Acuity Brands, Inc. to Report Q3, 2023 Results on Jun 29, 2023 Acuity Brands, Inc. announced that they will report Q3, 2023 results at 6:00 AM, US Eastern Standard Time on Jun 29, 2023 Recent Insider Transactions • Apr 14
Independent Director recently bought US$100k worth of stock On the 11th of April, Laura O'Shaughnessy bought around 632 shares on-market at roughly US$158 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$683k more in shares than they bought in the last 12 months. Upcoming Dividend • Apr 07
Upcoming dividend of US$0.13 per share at 0.3% yield Eligible shareholders must have bought the stock before 14 April 2023. Payment date: 01 May 2023. Payout ratio is a comfortable 4.5% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (2.3%). Reported Earnings • Apr 06
Second quarter 2023 earnings released: EPS: US$2.60 (vs US$2.15 in 2Q 2022) Second quarter 2023 results: EPS: US$2.60 (up from US$2.15 in 2Q 2022). Revenue: US$943.6m (up 3.8% from 2Q 2022). Net income: US$83.2m (up 11% from 2Q 2022). Profit margin: 8.8% (up from 8.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 22% per year. Buying Opportunity • Apr 04
Now 24% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be US$210, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 4.9% in 2 years. Earnings is forecast to grow by 5.8% in the next 2 years. Buying Opportunity • Feb 10
Now 22% undervalued Over the last 90 days, the stock is up 1.9%. The fair value is estimated to be US$237, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 4.8% in 2 years. Earnings is forecast to grow by 5.9% in the next 2 years. Board Change • Feb 02
High number of new directors Independent Director Michael Bender was the last director to join the board, commencing their role in 2022. Announcement • Jan 27
Acuity Brands, Inc. Declares Quarterly Dividend, Payable on February 14, 2023 The Board of Directors of Acuity Brands, Inc. declared a quarterly dividend of 13 cents per share. The dividend is payable on February 14, 2023, to shareholders of record on February 6, 2023. Recent Insider Transactions • Jan 15
Senior VP & CFO recently sold US$498k worth of stock On the 11th of January, Karen Holcom sold around 3k shares on-market at roughly US$175 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Karen's only on-market trade for the last 12 months. Reported Earnings • Jan 09
Full year 2022 earnings released: EPS: US$11.23 (vs US$8.44 in FY 2021) Full year 2022 results: EPS: US$11.23 (up from US$8.44 in FY 2021). Revenue: US$4.01b (up 16% from FY 2021). Net income: US$384.0m (up 25% from FY 2021). Profit margin: 9.6% (in line with FY 2021). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 11% per year. Board Change • Jan 09
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Michael Bender was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 20
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Michael Bender was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 07
Acuity Brands, Inc. to Report Q1, 2023 Results on Jan 09, 2023 Acuity Brands, Inc. announced that they will report Q1, 2023 results at 6:00 AM, Eastern Standard Time on Jan 09, 2023 Announcement • Nov 19
Acuity Brands, Inc., Annual General Meeting, Jan 25, 2023 Acuity Brands, Inc., Annual General Meeting, Jan 25, 2023. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Michael Bender was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Oct 07
Upcoming dividend of US$0.13 per share Eligible shareholders must have bought the stock before 14 October 2022. Payment date: 01 November 2022. Payout ratio is a comfortable 4.6% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of British dividend payers (6.0%). Lower than average of industry peers (2.7%). Reported Earnings • Oct 04
Third quarter 2022 earnings released: EPS: US$3.10 (vs US$2.40 in 3Q 2021) Third quarter 2022 results: EPS: US$3.10 (up from US$2.40 in 3Q 2021). Revenue: US$1.06b (up 18% from 3Q 2021). Net income: US$105.7m (up 23% from 3Q 2021). Profit margin: 10.0% (in line with 3Q 2021). Revenue is forecast to grow 2.2% p.a. on average during the next 4 years, compared to a 25% growth forecast for the Electrical industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year. Board Change • Oct 04
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Michael Bender was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Marcia Avedon was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jul 30
Independent Director recently bought US$100k worth of stock On the 28th of July, Laura O'Shaughnessy bought around 575 shares on-market at roughly US$175 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Upcoming Dividend • Jul 07
Upcoming dividend of US$0.13 per share Eligible shareholders must have bought the stock before 14 July 2022. Payment date: 01 August 2022. Payout ratio is a comfortable 5.0% and this is well supported by cash flows. Trailing yield: 0.3%. Lower than top quartile of British dividend payers (5.3%). Lower than average of industry peers (2.5%). Board Change • Jul 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Marcia Avedon was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 01
Third quarter 2022 earnings released: EPS: US$3.10 (vs US$2.40 in 3Q 2021) Third quarter 2022 results: EPS: US$3.10 (up from US$2.40 in 3Q 2021). Revenue: US$1.06b (up 18% from 3Q 2021). Net income: US$105.7m (up 23% from 3Q 2021). Profit margin: 10.0% (in line with 3Q 2021). Over the next year, revenue is forecast to grow 3.6%, compared to a 89% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Apr 07
Second quarter 2022 earnings released: EPS: US$2.15 (vs US$1.75 in 2Q 2021) Second quarter 2022 results: EPS: US$2.15 (up from US$1.75 in 2Q 2021). Revenue: US$909.1m (up 17% from 2Q 2021). Net income: US$75.3m (up 20% from 2Q 2021). Profit margin: 8.3% (up from 8.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 6.4%, compared to a 194% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 6% per year. 
