Brokerages Set AECOM (NYSE:ACM) PT at $114.82

Shares of AECOM (NYSE:ACM) have earned a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are presently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $114.8182.

ACM has been the topic of several research analyst reports. Wall Street Zen cut AECOM from a “buy” rating to a “hold” rating in a research note on Monday, July 6th. Weiss Ratings lowered AECOM from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 26th. Royal Bank Of Canada lowered their price objective on shares of AECOM from $111.00 to $105.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Barclays cut their target price on shares of AECOM from $110.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 19th. Finally, Robert W. Baird dropped their price objective on shares of AECOM from $98.00 to $91.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th.

Insider Activity

In related news, CEO Troy Rudd purchased 4,225 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of $71.02 per share, for a total transaction of $300,059.50. Following the acquisition, the chief executive officer owned 142,207 shares of the company’s stock, valued at $10,099,541.14. The trade was a 3.06% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Gaurav Kapoor purchased 1,420 shares of AECOM stock in a transaction dated Thursday, May 14th. The stock was bought at an average cost of $71.12 per share, with a total value of $100,990.40. Following the completion of the transaction, the chief financial officer owned 88,053 shares in the company, valued at approximately $6,262,329.36. This represents a 1.64% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have purchased 9,869 shares of company stock worth $699,391. 0.46% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On AECOM

A number of large investors have recently added to or reduced their stakes in ACM. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its stake in shares of AECOM by 86.7% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 280 shares of the construction company’s stock worth $27,000 after acquiring an additional 130 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in shares of AECOM by 95.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company’s stock valued at $28,000 after purchasing an additional 144 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of 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 purchasing an additional 195 shares during the last quarter. First Horizon Corp boosted its position in shares of AECOM by 129.1% in the 4th quarter. First Horizon Corp now owns 362 shares of the construction company’s stock worth $35,000 after purchasing an additional 204 shares in the last quarter. Finally, Intesa Sanpaolo Wealth Management acquired a new stake in shares of AECOM in the 4th quarter worth $38,000. 85.41% of the stock is currently owned by institutional investors.

AECOM Price Performance

ACM opened at $75.91 on Friday. The business has a fifty day moving average of $70.34 and a 200 day moving average of $81.40. The stock has a market cap of $9.76 billion, a P/E ratio of 19.82, a PEG ratio of 0.92 and a beta of 0.93. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.07. AECOM has a 52-week low of $66.28 and a 52-week high of $135.52.

AECOM (NYSE:ACM) last announced its quarterly earnings data on Monday, May 11th. The construction company reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.01. The company had revenue of $3.80 billion during the quarter, compared to analyst estimates of $1.94 billion. AECOM had a net margin of 3.16% and a return on equity of 28.52%. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter last year, the business posted $1.25 EPS. As a group, sell-side analysts anticipate that AECOM will post 5.97 EPS for the current year.

AECOM Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Wednesday, July 1st. AECOM’s dividend payout ratio (DPR) is 32.38%.

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.