Van ECK Associates Corp bought a new stake in AECOM (NYSE:ACM – Free Report) in the second quarter, HoldingsChannel.com reports. The fund bought 105,816 shares of the construction company’s stock, valued at approximately $7,386,000.
Several other institutional investors have also modified their holdings of the company. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its position in AECOM by 86.7% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 280 shares of the construction company’s stock worth $27,000 after purchasing an additional 130 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in 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 acquiring an additional 144 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of AECOM by 189.3% during the second 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 in the last quarter. Intesa Sanpaolo Wealth Management bought a new stake in shares of AECOM during the 4th quarter worth about $38,000. Finally, Western Wealth Management LLC acquired a new stake in AECOM in the first quarter worth approximately $36,000. Institutional investors own 85.41% of the company’s stock.
Insider Transactions at AECOM
In other news, President Lara Poloni purchased 4,224 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was purchased at an average price of $70.63 per share, with a total value of $298,341.12. Following the acquisition, the president directly owned 153,446 shares in the company, valued at approximately $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 accessible through this link. 0.46% of the stock is owned by corporate insiders.
AECOM Stock Down 1.8%
AECOM (NYSE:ACM – Get Free Report) last issued 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 business had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the prior year, the firm earned $1.34 earnings per share. The business’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. As a group, equities research analysts anticipate that AECOM will post 3.98 EPS for the current year.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on ACM. Argus cut their price target on shares of AECOM from $85.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, August 25th. UBS Group set a $85.00 price target on AECOM in a report on Wednesday, August 12th. Citigroup dropped their price objective on shares of AECOM from $97.00 to $84.00 and set a “buy” rating on the stock in a research note on Wednesday, August 12th. Wall Street Zen lowered AECOM from a “buy” rating to a “hold” rating in a research report on Monday, July 6th. Finally, Royal Bank Of Canada cut their price objective on shares of AECOM from $105.00 to $90.00 and set an “outperform” rating on the stock in a research report on Thursday, August 13th. Nine research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $89.58.
View Our Latest Stock Analysis on AECOM
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.
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