Top Wall Street Forecasters Revamp ABM Industries Price Target Ahead Of Q2 Earnings

Baird raised its price target for ABM Industries (ABM) to $48 from $45 and kept a Neutral rating after the company’s better-than-expected Q2 results, according to Baird. ABM reported Q2 revenue up 8.4% to $2.3 billion, adjusted EBITDA of $131.7 million, and organic revenue growth of 6.1%; first-half new sales bookings hit a record $1.2 billion.

ABM reaffirmed its FY2026 outlook, expecting organic revenue growth toward the top end of 3%–4% and total revenue growth toward 4%–5%. Segment operating margin is projected near the low end of 7.8%–8.0%, with adjusted EPS of $3.85–$4.15. In Q2, net income was $43.1M ($0.73/share) on $2.3B revenue (+8.4% YoY). ABM declared a $0.29 dividend.

Aben Gold Corp. (TSX-V: ABM) announced a non-brokered flow-through private placement to raise up to $1.5 million by issuing up to 7.5 million FT units at $0.20 each. Each unit includes a flow-through share and half a warrant exercisable at $0.30 for 24 months. Proceeds fund exploration and drilling on its Justin gold-tungsten property in Yukon; TSX Venture approval is required.

Murphy Oil Corp reported Q2 2026 adjusted net income of $225.8 million, nearly six times Q2 2025, as higher oil prices offset lower production and weaker gas. Adjusted EPS was $1.55 vs $1.51 consensus. Revenue rose to $926.3 million. Murphy kept its $0.35 dividend and raised 2026 capex midpoint to $1.55 billion.

Goldman Sachs BDC (NYSE:GSBD) reported no incentive fee in Q2, citing its three-year total-return lookback provision. NAV was $12.06/share at June 30 vs $12.17 in Q1. The board declared a Q3 base dividend of $0.32/share plus $0.03 supplemental. Investments were $3.2B fair value, non-accrual 2.9%, and net debt-to-equity 1.35x.

Hamilton Beach Brands (HBB) reported Q2 gross margin of 26.1% excluding tariff-related benefits, and said it expects 2026 revenue growth in the mid-single-digit range. Management forecast full-year gross margin to improve modestly and operating profit to decline by a high-single-digit percentage. Operating cash flow is expected at $35M to $45M. HBB ended with net cash of $51.5M.