Robeco Schweiz AG increased its holdings in shares of AECOM (NYSE:ACM – Free Report) by 28.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 445,600 shares of the construction company’s stock after purchasing an additional 99,962 shares during the period. Robeco Schweiz AG owned 0.35% of AECOM worth $26,268,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the business. BlackRock Inc. acquired a new position in AECOM in the second quarter valued at $1,003,699,000. Primecap Management Co. CA purchased a new stake in shares of AECOM in the second quarter valued at about $613,336,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of AECOM in the second quarter valued at about $383,701,000. The Manufacturers Life Insurance Company acquired a new stake in shares of AECOM during the second quarter worth about $94,429,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of AECOM during the second quarter worth about $79,519,000. Institutional investors and hedge funds own 85.41% of the company’s stock.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the company. Barclays lowered their price target on AECOM from $90.00 to $73.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 12th. Argus reduced their price objective on AECOM from $85.00 to $75.00 and set a “buy” rating for the company in a research note on Tuesday, August 25th. Zacks Research cut AECOM from a “hold” rating to a “strong sell” rating in a research report on Monday, August 10th. Bank of America decreased their price objective on AECOM from $94.50 to $81.00 and set a “buy” rating for the company in a research report on Wednesday, August 12th. Finally, KeyCorp lowered their target price on AECOM from $79.00 to $78.00 and set an “overweight” rating on the stock in a research note on Thursday, October 15th. Eight investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $80.73.
View Our Latest Stock Report on AECOM
AECOM Price Performance
Shares of ACM opened at $60.51 on Friday. AECOM has a twelve month low of $56.39 and a twelve month high of $135.52. The stock’s 50 day moving average is $62.30 and its two-hundred day moving average is $69.66. The firm has a market capitalization of $7.79 billion, a PE ratio of 27.75, a P/E/G ratio of 1.12 and a beta of 0.93. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.11.
AECOM (NYSE:ACM – Get Free Report) last released its earnings results on Monday, August 10th. The construction company reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($1.96). The business had revenue of $3.59 billion for the quarter, compared to analyst estimates of $2.01 billion. AECOM had a return on equity of 19.72% and a net margin of 1.87%. The business’s revenue for the quarter was down 14.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.34 EPS. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. Research analysts anticipate that AECOM will post 3.98 earnings per share for the current year.
AECOM Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, October 14th will be paid a $0.31 dividend. The ex-dividend date is Wednesday, October 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.0%. AECOM’s payout ratio is 56.88%.
AECOM Profile
AECOM is a global infrastructure consulting firm that provides professional services across the planning, design, engineering, construction, and management of complex projects. Its work supports transportation systems, buildings, water and wastewater infrastructure, energy facilities, environmental programs, and government and defense initiatives.
The company offers architecture and engineering, program and construction management, environmental consulting, planning, advisory, and asset-management services.
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