AECOM $ACM Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC raised its holdings in AECOM (NYSE:ACM) by 3.9% in the 1st quarter, HoldingsChannel reports. The fund owned 662,277 shares of the construction company’s stock after acquiring an additional 24,700 shares during the period. Renaissance Technologies LLC’s holdings in AECOM were worth $56,174,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in ACM. Arrowstreet Capital Limited Partnership grew its position in shares of AECOM by 1,113.5% in the first quarter. Arrowstreet Capital Limited Partnership now owns 238,580 shares of the construction company’s stock valued at $20,236,000 after purchasing an additional 218,920 shares during the period. Caxton Associates LLP boosted its stake in AECOM by 1,377.9% in the 1st quarter. Caxton Associates LLP now owns 79,230 shares of the construction company’s stock worth $6,720,000 after buying an additional 73,869 shares during the last quarter. Inceptionr LLC grew its holdings in AECOM by 0.8% in the 1st quarter. Inceptionr LLC now owns 19,252 shares of the construction company’s stock valued at $1,627,000 after buying an additional 156 shares during the period. Bank of Nova Scotia increased its stake in shares of AECOM by 85.2% during the 1st quarter. Bank of Nova Scotia now owns 158,872 shares of the construction company’s stock valued at $13,476,000 after acquiring an additional 73,089 shares during the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of AECOM by 71.0% during the 1st quarter. Sei Investments Co. now owns 70,198 shares of the construction company’s stock worth $5,954,000 after acquiring an additional 29,152 shares during the period. Institutional investors and hedge funds own 85.41% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on ACM shares. Truist Financial cut their price target on shares of AECOM from $109.00 to $102.00 and set a “buy” rating on the stock in a research note on Thursday, July 2nd. KeyCorp cut their target price on AECOM from $115.00 to $101.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 13th. Barclays reduced their target price on AECOM from $110.00 to $90.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 19th. Robert W. Baird dropped their price target on AECOM from $98.00 to $91.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. Finally, Citigroup reaffirmed a “buy” rating on shares of AECOM in a research note on Thursday. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $114.82.

AECOM Stock Up 0.2%

NYSE ACM opened at $70.68 on Monday. 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 fifty-two week low of $66.28 and a fifty-two week high of $135.52. The business has a 50 day moving average price of $69.80 and a two-hundred day moving average price of $83.14. The stock has a market cap of $9.08 billion, a PE ratio of 18.45, a P/E/G ratio of 0.86 and a beta of 0.93.

AECOM (NYSE:ACM) last posted its earnings results on Monday, May 11th. The construction company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.01. The business had revenue of $3.80 billion for the quarter, compared to analysts’ expectations of $1.94 billion. AECOM had a net margin of 3.16% and a return on equity of 28.52%. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.25 earnings per share. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. As a group, sell-side analysts predict that AECOM will post 5.97 EPS for the current fiscal year.

AECOM Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Wednesday, July 1st were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, July 1st. AECOM’s dividend payout ratio is presently 32.38%.

Insider Activity

In other AECOM news, CEO Troy Rudd bought 4,225 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were bought at an average cost of $71.02 per share, with a total value of $300,059.50. Following the transaction, the chief executive officer directly owned 142,207 shares in the company, valued at approximately $10,099,541.14. This trade represents a 3.06% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Gaurav Kapoor bought 1,420 shares of AECOM stock in a transaction dated Thursday, May 14th. The shares were acquired at an average price of $71.12 per share, with a total value of $100,990.40. Following the completion of the purchase, the chief financial officer owned 88,053 shares in the company, valued at approximately $6,262,329.36. The trade was a 1.64% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 9,869 shares of company stock worth $699,391 over the last ninety days. Corporate insiders own 0.46% 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.