AECOM (NYSE:ACM) Downgraded to Hold Rating by Baird R W

AECOM (NYSE:ACM) was downgraded by equities research analysts at Baird R W from a “strong-buy” rating to a “hold” rating in a report released on Friday,Zacks.com reports.

ACM has been the subject of a number of other research reports. National Bank Financial assumed coverage on shares of AECOM in a research note on Wednesday, October 8th. They issued an “outperform” rating and a $151.00 price objective for the company. Royal Bank Of Canada cut their price target on shares of AECOM from $142.00 to $139.00 and set an “outperform” rating for the company in a research report on Thursday. Wall Street Zen cut AECOM from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. UBS Group decreased their price objective on AECOM from $153.00 to $148.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of AECOM in a report on Wednesday, October 8th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, AECOM currently has an average rating of “Moderate Buy” and an average target price of $141.90.

AECOM Price Performance

Shares of AECOM stock opened at $103.43 on Friday. The firm has a market capitalization of $13.70 billion, a PE ratio of 22.53, a price-to-earnings-growth ratio of 1.96 and a beta of 1.06. 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 12 month low of $85.00 and a 12 month high of $135.52. The business’s 50-day moving average price is $129.76 and its 200-day moving average price is $119.96.

AECOM (NYSE:ACM) last released its earnings results on Tuesday, November 18th. The construction company reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.02. AECOM had a return on equity of 27.87% and a net margin of 3.82%.The company had revenue of $4.18 billion during the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter in the previous year, the company posted $1.27 EPS. AECOM’s quarterly revenue was up 1.6% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 5.650-5.850 EPS. Sell-side analysts forecast that AECOM will post 5.1 EPS for the current fiscal year.

Institutional Trading of AECOM

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Westend Capital Management LLC purchased a new position in AECOM during the 3rd quarter valued at $26,000. Atlantic Union Bankshares Corp bought a new stake in shares of AECOM during the 3rd quarter valued at about $26,000. TCTC Holdings LLC increased its position in shares of AECOM by 120.3% during the first quarter. TCTC Holdings LLC now owns 304 shares of the construction company’s stock valued at $28,000 after buying an additional 166 shares during the period. MAI Capital Management bought a new position in AECOM in the first quarter worth about $28,000. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in AECOM by 212.9% in the first quarter. Caitong International Asset Management Co. Ltd now owns 316 shares of the construction company’s stock worth $29,000 after buying an additional 215 shares during the period. Hedge funds and other institutional investors own 85.41% of the company’s stock.

About AECOM

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.