Thrivent Financial for Lutherans Adds $1M in Acuity Inc. ($AYI)
Thrivent Financial adds 2,800 shares to its Acuity Inc. holdings, now totaling 167,075 shares.
Key Points
- Thrivent Financial for Lutherans boosted its position in Acuity Inc. by 1.7%, adding 2,800 shares to hold a total of 167,075 shares valued at about $60.05 million.
- Acuity Inc. shares traded near $359.39 on Friday, with a market cap of approximately $10.89 billion and a P/E ratio of 23.86.
- Insiders at Acuity Inc. made notable trades, including CFO Karen Holcom selling shares under a 10b5-1 plan, while analysts maintain varied price targets.
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Thrivent Financial for Lutherans has increased its stake in Acuity Inc. (NYSE:AYI) by 1.7%, according to a recent 13F filing with the SEC. The fund added 2,800 shares during the reporting period, bringing its total holdings to 167,075 shares valued at approximately $60.05 million.
Thrivent Financial for Lutherans vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
What Changed in Thrivent Financial's Acuity Inc. Position
Thrivent Financial's latest filing shows a modest increase of 2,800 shares in Acuity Inc., raising its stake by 1.7% from 164,275 to 167,075 shares. The total value of these holdings is now about $60.05 million, based on the latest market prices.
Other Institutional Activity in Acuity Inc.
Other major funds also adjusted their positions in Acuity Inc. BlackRock, Inc. grew its holdings by 162,453 shares, ending with 3,062,878 shares worth about $858.28 million, marking a 5.6% increase. FMR LLC added 677,699 shares, a 40.4% increase, to hold 2,355,608 shares valued at $660.09 million. Both Vanguard Portfolio Management LLC and Vanguard Capital Management LLC opened new positions, holding 1,414,787 and 1,375,687 shares, valued at approximately $396.45 million and $385.50 million, respectively. State Street Corp added 21,103 shares, a 2.3% increase, for a total of 946,597 shares worth about $265.26 million.
Acuity Inc. Stock Up 12.4%
Shares of NYSE:AYI traded near $359.39 on Friday. Acuity Inc. has a market cap of roughly $10.89 billion and a P/E ratio of 23.86. The stock has seen a 52-week low of $257.04 and a high of $380.17. Its 50-day moving average is $295.55, and the 200-day moving average is $321.76. The company maintains a current ratio of 2.07 and a quick ratio of 1.17, with a debt-to-equity ratio of 28.45.
$AYI stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Acuity Inc. reported revenue of $4.59 billion, with a growth rate of 4.9%. The company achieved a net margin of 9.37% and a return on equity of 16.03%. Next earnings are expected on June 25, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
Analyst view held steady after the report.
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EPS & revenue
EPS beat estimates by 1.4%. Revenue missed estimates by 11.1%.
- Profit surprise
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Pre-earnings setup
Expectations were about average going in.
- Analyst signal
- Earnings quality
Earnings Call Summary
Acuity had a mixed quarter. Reported revenue of $1.06 billion was $5 billion above last year but missed consensus by $132 million. The lighting business fell 3 percent year-over-year but gross margins improved 70 basis points to 45.7 percent through pricing and productivity. The spaces unit grew strongly, with sales up $77 million, driven by Distech controls and QSC audio-visual gear. They cut full-year guidance because the lighting market remains weak, with customers releasing projects slowly despite a full pipeline.
Guidance Management cut the full-year lighting sales outlook to flat to down low single digits year-over-year, from an earlier expectation of up low single digits. They cited soft market conditions, project delays from government shutdown, and data center competition for contractors as main pressures. The spaces business still expects low to mid-teens growth for the full year.
Negative report. Results or guidance disappointed and expectations are likely to move lower.
Dividend
Acuity Inc. pays an annual dividend rate of $0.74, yielding 0.25% with a payout ratio of 5.21%.
Insider Buying and Selling at Acuity Inc.
Recent insider transactions at Acuity Inc. include CFO Karen Holcom selling 2,076 shares at $303.14 on June 1, 2026, as part of a planned sale under a Rule 10b5-1 plan. Maya Leibman bought 200 shares at $288.83 on April 30, 2026. Laura O'Shaughnessy purchased 1,000 shares at $282.98 on April 8, 2026.
Analysts Set New Price Targets
On April 6, 2026, Goldman Sachs maintained a hold rating with a $295.00 price target. Baird also maintained a hold rating, setting a target of $315.00. Wells Fargo and Morgan Stanley have buy ratings with targets of $370.00 and $410.00, respectively. The consensus among analysts is a buy, with a mean target price of $352.50 based on eight opinions.
About Acuity Inc.
Acuity Inc., headquartered in Atlanta, Georgia, is a leader in the industrial sector, specializing in electrical equipment and parts. The company operates through its Acuity Brands Lighting and Acuity Intelligent Spaces segments, offering a range of lighting and building management solutions. Led by CEO Neil M. Ashe, Acuity Inc. employs around 13,800 people and has a strong presence both in the U.S. and internationally.
Bottom Line
Thrivent Financial's slight increase in its stake in Acuity Inc. suggests continued confidence in the company's future. Investors often track these filings to gauge institutional sentiment. It's important to remember that 13F filings are historical and may not reflect current holdings.
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