AECOM (NYSE:ACM) Stock Gets Price Target Reduction from Royal Bank Of Canada

AECOM (NYSE:ACM) had its target price lowered by Royal Bank Of Canada from $90.00 to $89.00 in a research note issued to investors on Thursday morning,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the construction company’s stock.

Several other analysts also recently weighed in on ACM. The Goldman Sachs Group set a $91.00 target price on AECOM in a report on Wednesday, August 12th. Bank of America decreased their target price on AECOM from $94.50 to $81.00 and set a “buy” rating for the company in a research report on Wednesday, August 12th. Barclays decreased their target price on AECOM from $90.00 to $73.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 12th. Wall Street Zen downgraded AECOM from a “buy” rating to a “hold” rating in a research note on Monday, July 6th. Finally, UBS Group dropped their price target on AECOM from $106.00 to $103.00 and set a “buy” rating on the stock in a research note on Thursday, October 8th. 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.com, AECOM has an average rating of “Moderate Buy” and an average target price of $81.18.

AECOM Price Performance

Shares of NYSE:ACM opened at $58.91 on Thursday. The company’s fifty day moving average price is $62.90 and its 200 day moving average price is $70.54. AECOM has a 12 month low of $56.39 and a 12 month high of $135.52. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market capitalization of $7.58 billion, a P/E ratio of 27.02, a P/E/G ratio of 1.09 and a beta of 0.93.

AECOM (NYSE:ACM) last announced its quarterly earnings results on Monday, August 10th. The construction company reported ($0.50) earnings per share for the quarter, missing analysts’ consensus estimates of $1.46 by ($1.96). AECOM had a net margin of 1.87% and a return on equity of 19.72%. The company had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same period last year, the firm earned $1.34 earnings per share. AECOM’s revenue was down 14.2% on a year-over-year basis. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. As a group, sell-side analysts predict that AECOM will post 3.98 earnings per share for the current fiscal 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 given a $0.31 dividend. The ex-dividend date is Wednesday, October 14th. This represents a $1.24 annualized dividend and a yield of 2.1%. AECOM’s dividend payout ratio is 56.88%.

Institutional Trading of AECOM

Large investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in AECOM in the 2nd quarter valued at $1,003,699,000. Primecap Management Co. CA acquired a new position in AECOM in the 2nd quarter valued at $613,336,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in AECOM in the 2nd quarter valued at $383,701,000. The Manufacturers Life Insurance Company purchased a new position in AECOM during the 2nd quarter worth $94,429,000. Finally, Bank of New York Mellon Corp purchased a new position in AECOM during the 2nd quarter worth $79,519,000. Institutional investors and hedge funds own 85.41% of the company’s stock.

About AECOM

AECOM (NYSE: ACM) is a global infrastructure consulting firm that provides professional services across the project lifecycle. Its activities include planning, design, engineering, architecture, program and construction management, environmental services, and operations support.

The company serves public- and private-sector clients in areas such as transportation, water, buildings, energy, environmental remediation, and government infrastructure. Its work includes roads and transit systems, airports, water and wastewater facilities, commercial and civic buildings, and large-scale urban development programs.

AECOM operates internationally, serving clients across North America, Europe, the Middle East, Asia-Pacific, and other global markets.