AECOM (NYSE:ACM – Get Free Report) hit a new 52-week low on Wednesday. The stock traded as low as $57.63 and last traded at $57.2610, with a volume of 150199 shares changing hands. The stock had previously closed at $60.16.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. The Goldman Sachs Group set a $91.00 price target on AECOM in a research report on Wednesday, August 12th. Piper Sandler set a $79.00 target price on shares of AECOM in a research report on Wednesday, August 12th. Barclays reduced their target price on shares of AECOM from $90.00 to $73.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 12th. UBS Group set a $85.00 price target on shares of AECOM in a research note on Wednesday, August 12th. Finally, KeyCorp cut their price objective on shares of AECOM from $101.00 to $79.00 and set an “overweight” rating for the company in a report on Wednesday, August 12th. Nine equities 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 MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $87.42.
Read Our Latest Research Report on ACM
AECOM Stock Down 5.0%
AECOM (NYSE:ACM – Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the previous year, the firm earned $1.34 EPS. The company’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, analysts expect that AECOM will post 3.98 EPS for the current fiscal year.
AECOM Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, October 14th will be given a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, October 14th. AECOM’s payout ratio is currently 56.88%.
Institutional Investors Weigh In On AECOM
A number of institutional investors have recently made changes to their positions in ACM. BlackRock Inc. purchased a new stake in shares of AECOM during the second quarter valued at $1,003,699,000. Primecap Management Co. CA bought a new stake in shares of AECOM in the second quarter worth $613,336,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of AECOM in the second quarter worth approximately $383,701,000. The Manufacturers Life Insurance Company bought a new position in AECOM in the 2nd quarter worth $94,429,000. Finally, Bank of New York Mellon Corp bought a new position in shares of AECOM in the second quarter worth about $79,519,000. Hedge funds and other institutional investors own 85.41% of the company’s stock.
AECOM Company Profile
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.
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