Analysts Set AECOM (NYSE:ACM) Target Price at $133.20

Shares of AECOM (NYSE:ACM) have been assigned a consensus recommendation of “Buy” from the eleven analysts that are currently covering the company, Marketbeat.com reports. Eleven equities research analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have covered the stock in the last year is $133.20.

A number of research analysts recently weighed in on ACM shares. Truist Financial upped their price objective on AECOM from $128.00 to $146.00 and gave the stock a “buy” rating in a report on Wednesday, October 8th. KeyCorp upped their price objective on AECOM from $129.00 to $131.00 and gave the company an “overweight” rating in a research report on Wednesday, August 6th. Wall Street Zen downgraded AECOM from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. UBS Group upped their price objective on AECOM from $126.00 to $139.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Finally, Barclays upped their price objective on AECOM from $120.00 to $130.00 and gave the company an “overweight” rating in a research report on Tuesday, August 12th.

AECOM Price Performance

Shares of NYSE ACM opened at $131.07 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.91. AECOM has a twelve month low of $85.00 and a twelve month high of $133.85. The stock has a 50 day moving average of $126.97 and a two-hundred day moving average of $113.84. The stock has a market cap of $17.36 billion, a P/E ratio of 28.56, a P/E/G ratio of 1.77 and a beta of 1.03.

AECOM (NYSE:ACM) last released its quarterly earnings results on Monday, August 4th. The construction company reported $1.34 EPS for the quarter, topping the consensus estimate of $1.25 by $0.09. AECOM had a return on equity of 27.87% and a net margin of 3.82%.The business had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $4.33 billion. During the same quarter in the prior year, the business earned $1.16 earnings per share. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. On average, research analysts forecast that AECOM will post 5.1 earnings per share for the current year.

AECOM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Wednesday, October 1st. AECOM’s dividend payout ratio (DPR) is 22.66%.

Insider Activity at AECOM

In other news, CEO Troy Rudd sold 53,097 shares of AECOM stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $119.56, for a total value of $6,348,277.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.41% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Westend Capital Management LLC acquired a new position in AECOM during the 3rd quarter valued at approximately $26,000. EverSource Wealth Advisors LLC raised its stake in AECOM by 189.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock valued at $34,000 after acquiring an additional 195 shares in the last quarter. MAI Capital Management bought a new stake in AECOM during the 1st quarter valued at $28,000. TCTC Holdings LLC raised its stake in AECOM by 120.3% during the 1st quarter. TCTC Holdings LLC now owns 304 shares of the construction company’s stock valued at $28,000 after acquiring an additional 166 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its stake in AECOM by 212.9% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 316 shares of the construction company’s stock valued at $29,000 after acquiring an additional 215 shares in the last quarter. Institutional investors and hedge funds own 85.41% of the company’s stock.

AECOM Company Profile

AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.