Citigroup Cuts AECOM (NYSE:ACM) Price Target to $98.00

AECOM (NYSE:ACM) had its target price reduced by Citigroup from $130.00 to $98.00 in a research note released on Wednesday morning,Benzinga reports. They currently have a buy rating on the construction company’s stock.

ACM has been the topic of a number of other research reports. Zacks Research raised shares of AECOM from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 10th. The Goldman Sachs Group dropped their price objective on shares of AECOM from $148.00 to $127.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Truist Financial reissued a “buy” rating and issued a $109.00 price objective (down from $116.00) on shares of AECOM in a report on Wednesday. Weiss Ratings downgraded shares of AECOM from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 29th. Finally, Barclays lifted their price target on shares of AECOM from $100.00 to $110.00 and gave the company an “equal weight” rating in a report on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, AECOM presently has an average rating of “Moderate Buy” and a consensus target price of $117.82.

AECOM Stock Performance

Shares of ACM stock opened at $71.21 on Wednesday. The company has a 50 day moving average price of $84.92 and a 200-day moving average price of $97.71. AECOM has a 52 week low of $67.64 and a 52 week high of $135.52. The firm has a market capitalization of $9.15 billion, a PE ratio of 18.59, a P/E/G ratio of 0.86 and a beta of 1.00. The company has a quick ratio of 1.10, a current ratio of 1.11 and a debt-to-equity ratio of 1.07.

AECOM (NYSE:ACM) last posted its quarterly earnings data on Monday, May 11th. The construction company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.01. The company had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $1.94 billion. AECOM had a net margin of 3.16% and a return on equity of 28.52%. The firm’s revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.25 earnings per share. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. As a group, equities research analysts expect that AECOM will post 5.99 earnings per share for the current year.

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.31 per share. The ex-dividend date was Wednesday, April 1st. This represents a $1.24 annualized dividend and a dividend yield of 1.7%. AECOM’s dividend payout ratio (DPR) is presently 32.38%.

Insider Activity at AECOM

In other AECOM news, CEO Troy Rudd purchased 4,225 shares of AECOM stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average price of $71.02 per share, for a total transaction of $300,059.50. Following the completion of the transaction, the chief executive officer owned 142,207 shares of the company’s stock, valued at approximately $10,099,541.14. This trade represents a 3.06% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Gaurav Kapoor purchased 1,420 shares of AECOM stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average price of $71.12 per share, for a total transaction of $100,990.40. Following the transaction, the chief financial officer directly owned 88,053 shares of the company’s stock, valued at $6,262,329.36. The trade was a 1.64% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.46% of the company’s stock.

Institutional Investors Weigh In On AECOM

Several large investors have recently bought and sold shares of the business. Lazard Asset Management LLC bought a new stake in AECOM in the first quarter worth $54,686,000. Delta Global Management LP bought a new stake in AECOM in the first quarter worth $1,797,000. OMERS ADMINISTRATION Corp increased its position in AECOM by 398.4% in the first quarter. OMERS ADMINISTRATION Corp now owns 24,211 shares of the construction company’s stock worth $2,054,000 after purchasing an additional 19,353 shares during the last quarter. Lombard Odier Asset Management Switzerland SA bought a new stake in AECOM in the first quarter worth $530,000. Finally, Lombard Odier Asset Management USA Corp bought a new position in AECOM during the first quarter valued at $842,000. Institutional investors own 85.41% of the company’s stock.

About AECOM

AECOM is a multinational infrastructure consulting firm that provides a broad range of professional technical and management services. Its core offerings include architecture and engineering design, program and construction management, environmental remediation and consulting, and operations and maintenance support. The company works across the full project lifecycle from planning and design through construction and long‑term asset management.

AECOM serves public- and private-sector clients in major built-environment markets, including transportation (roads, bridges, rail, airports), water and wastewater systems, buildings and places, energy and power, and environmental services.