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AYI

ACUITY INC.

At today's price, ACUITY INC. (AYI) is priced for +15.3% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+15.3% growth
Priced In
within-range

Key Takeaways

At $317.26 Acuity trades near 16x company-wide operating income, implying roughly 14.7% operating growth a year for five years. Only the growth DCF reaches the price; asset, earnings-power, and peer-multiple frames say richly valued, the signature of a durability premium. The mix shift is the story. Q2 fiscal 2026 net sales rose 4.9% to $1.1 billion, but the Intelligent Spaces segment jumped 44.7% to $248 million with operating margin up 560 basis points, while the larger lighting segment decli

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Institutional ownership

562 institutional managers reported holding AYI in 13F filings for the quarter ended 2026-03-31. Together they hold about 90% of the company; the top 10 hold 43%. 65 opened new positions that quarter. Held by BlackRock, Vanguard Group, FMR (Fidelity), among others. On the short side, 1.4M shares were sold short as of the 2026-06-15 count, about 5% of shares outstanding (3.9 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

AYI has cut its share count 15.2% over the past five years, spending $1.31B on repurchases. It pays a dividend, and has paid one every year in our records (17 and counting), raised 2 years straight; the current rate is $0.66 a share annually. Cash returned over the past three years: $60.60M in dividends and $487.50M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at AYI over the trailing three years: 2024: 1 buy totaling $50k. 5 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

AYI's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2022-10-27+6.1%-7.3%
2023-01-10+3.6%+9.2%
2023-04-05-11.8%+2.1%
2023-10-27+6.9%+29.4%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

AYI's latest 8-K filings: 2026-06-25 (items 2.02, 9.01); 2026-05-13 (items 1.01, 2.03, 9.01); 2026-04-02 (items 2.02, 9.01); 2026-01-23 (items 5.07); 2026-01-08 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.