Freestone Grove Partners LP Buys Shares of 76,451 AECOM $ACM

Freestone Grove Partners LP purchased a new stake in AECOM (NYSE:ACM) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 76,451 shares of the construction company’s stock, valued at approximately $5,336,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Great Lakes Advisors LLC raised its position in shares of AECOM by 14.9% during the 1st quarter. Great Lakes Advisors LLC now owns 2,366 shares of the construction company’s stock valued at $219,000 after buying an additional 306 shares during the period. Empowered Funds LLC grew its position in AECOM by 62.6% in the first quarter. Empowered Funds LLC now owns 14,266 shares of the construction company’s stock worth $1,323,000 after acquiring an additional 5,493 shares during the period. Focus Partners Wealth increased its stake in AECOM by 6.9% during the first quarter. Focus Partners Wealth now owns 4,150 shares of the construction company’s stock worth $385,000 after acquiring an additional 269 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in AECOM by 189.3% during the second quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock worth $34,000 after acquiring an additional 195 shares during the last quarter. Finally, Cresset Asset Management LLC raised its position in AECOM by 13.7% in the second quarter. Cresset Asset Management LLC now owns 2,935 shares of the construction company’s stock valued at $331,000 after purchasing an additional 353 shares during the period. Institutional investors and hedge funds own 85.41% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ACM shares. Argus decreased their price target on AECOM from $85.00 to $75.00 and set a “buy” rating on the stock in a research note on Tuesday. KeyCorp cut their price objective on AECOM from $101.00 to $79.00 and set an “overweight” rating for the company in a research report on Wednesday, August 12th. Truist Financial restated a “buy” rating and issued a $85.00 price objective (down from $102.00) on shares of AECOM in a report on Wednesday, August 12th. Zacks Research cut shares of AECOM from a “hold” rating to a “strong sell” rating in a research report on Monday, August 10th. Finally, Robert W. Baird lowered their target price on shares of AECOM from $73.00 to $65.00 and set a “neutral” rating for the company in a research note on Friday, August 14th. Nine equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $89.58.

Insider Buying and Selling

In other news, President Lara Poloni bought 4,224 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was bought at an average cost of $70.63 per share, for a total transaction of $298,341.12. Following the acquisition, the president directly owned 153,446 shares of the company’s stock, valued at $10,837,890.98. The trade was a 2.83% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. 0.46% of the stock is owned by company insiders.

AECOM Stock Up 4.9%

Shares of NYSE ACM opened at $69.49 on Friday. The firm has a market cap of $8.94 billion, a price-to-earnings ratio of 31.88, a PEG ratio of 4.47 and a beta of 0.93. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.11. AECOM has a 52-week low of $60.35 and a 52-week high of $135.52. The business’s 50 day moving average is $68.68 and its two-hundred day moving average is $78.14.

AECOM (NYSE:ACM) last released its quarterly earnings results on Monday, August 10th. The construction company reported ($0.50) EPS for the quarter, missing the consensus estimate of $1.46 by ($1.96). AECOM had a return on equity of 19.72% and a net margin of 1.87%.The firm had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $2.01 billion. During the same quarter in the prior year, the business earned $1.34 earnings per share. The company’s quarterly revenue was down 14.2% on a year-over-year basis. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. Research analysts predict that AECOM will post 3.98 EPS for the current year.

AECOM Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Wednesday, July 1st were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $1.24 annualized dividend and a yield of 1.8%. AECOM’s dividend payout ratio is presently 56.88%.

AECOM Company Profile

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.