Trump signs order raising Canada tariffs to 35% from 25%
ATLANTA - Acuity Inc. (NYSE:AYI) announced today it will pay a quarterly dividend of 17 cents per share, according to a press release statement from the industrial technology company.
The dividend is payable on August 1, 2025, to shareholders of record on July 18, 2025.
Acuity Inc. operates through two business segments: Acuity Brands Lighting and Acuity Intelligent Spaces. The company designs and manufactures products and services focused on spaces, lighting, and related technologies. With annual revenue of $3.96 billion and a market capitalization of $8.76 billion, InvestingPro analysis indicates the stock is currently trading near its Fair Value.
Based in Atlanta, Georgia, Acuity Inc. maintains operations across North America, Europe, and Asia, with approximately 13,000 employees.
The company is listed on the New York Stock Exchange under the ticker symbol AYI.
In other recent news, Acuity reported its Q2 Fiscal 2025 earnings, meeting analysts’ expectations with an earnings per share (EPS) of $3.73, marking a 10% year-over-year increase. However, the company’s revenue fell short of forecasts, recording $1 billion compared to the anticipated $1.03 billion, raising concerns among investors. Despite the revenue miss, Acuity’s net sales increased by 11% year-over-year, and the adjusted operating profit improved by 16% to $163 million. The company maintained its previous guidance, focusing on strategic pricing to mitigate tariff impacts and exploring future acquisition opportunities. In terms of acquisitions, Acuity recently completed the integration of QSC, contributing positively to the company’s Intelligent Spaces segment. Analysts from firms like Morgan Stanley and William Blair have highlighted the potential impact of tariffs on Acuity’s competitive positioning, noting the company’s strategic advantage due to its diversified supply chain. The company continues to focus on its growth strategy, emphasizing product vitality and technology to enhance its market position.
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