AECOM (NYSE:ACM) Stock Price Down 6% After Analyst Downgrade

Shares of AECOM (NYSE:ACM) dropped 6% during trading on Wednesday after KeyCorp lowered their price target on the stock from $101.00 to $79.00. KeyCorp currently has an overweight rating on the stock. AECOM traded as low as $62.77 and last traded at $63.0010. Approximately 311,402 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 1,696,385 shares. The stock had previously closed at $67.05.

Other analysts also recently issued reports about the company. Citigroup reiterated a “buy” rating on shares of AECOM in a report on Wednesday. Robert W. Baird reduced their price target on AECOM from $87.00 to $73.00 and set a “neutral” rating for the company in a report on Tuesday. Truist Financial decreased their price objective on shares of AECOM from $109.00 to $102.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. Zacks Research downgraded AECOM from a “hold” rating to a “strong sell” rating in a report on Monday. Finally, Barclays dropped their price objective on shares of AECOM from $90.00 to $73.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Nine research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $107.08.

Insider Transactions at AECOM

In related news, CFO Gaurav Kapoor acquired 1,420 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was acquired at an average cost of $71.12 per share, for a total transaction of $100,990.40. Following the completion of the acquisition, the chief financial officer directly owned 88,053 shares of the company’s stock, valued at approximately $6,262,329.36. The trade was a 1.64% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Lara Poloni acquired 4,224 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were bought at an average price of $70.63 per share, for a total transaction of $298,341.12. Following the purchase, the president directly owned 153,446 shares of the company’s stock, valued at approximately $10,837,890.98. This trade represents a 2.83% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders purchased 9,869 shares of company stock valued at $699,391. Company insiders own 0.46% of the company’s stock.

AECOM News Roundup

Here are the key news stories impacting AECOM this week:

• Positive Sentiment: AECOM reported record backlog of $27.8 billion, up 13% year over year, after securing $4.2 billion in new awards. Its 1.6 book-to-burn ratio provides support for future revenue visibility. AECOM reports third quarter fiscal 2026 results
• Positive Sentiment: Management said quarterly operating cash flow was $95 million and free cash flow was $55 million, while projecting approximately $300 million of fiscal 2026 free cash flow. Several senior executives, including the CEO, president and CFO, have also purchased shares in recent months.
• Neutral Sentiment: AECOM’s earnings call and presentations are likely to keep investor focus on the timing of project-claim resolutions, cash generation and the company’s ability to convert its substantial backlog into profitable growth. AECOM Q3 2026 earnings call transcript
• Neutral Sentiment: Despite the recent weakness, some analysts’ published price targets remain well above the current quotation, with targets in the $90–$102 range. However, these targets may not yet fully reflect the latest earnings reset.
• Negative Sentiment: AECOM posted a fiscal Q3 adjusted loss of $0.50 per share, versus analyst expectations for roughly $1.46–$1.49 of earnings. Revenue was $3.59 billion, down 14.2% year over year, and the company swung to a quarterly net loss from a profit a year earlier. AECOM reports Q3 loss and lags revenue estimates
• Negative Sentiment: The quarter included a $337 million pretax charge tied to a Construction Management project. AECOM lowered fiscal 2026 adjusted EPS guidance to $3.95–$4.15, well below the current consensus estimate of approximately $5.97.
• Negative Sentiment: Robert W. Baird cut its price target from $87 to $73 and assigned a neutral rating, while Zacks Research downgraded AECOM from “hold” to “strong sell.” KeyCorp also reduced its fiscal 2027 EPS estimate slightly. Zacks Research
• Negative Sentiment: A securities-fraud investigation announcement adds a legal and reputational overhang, although such notices are allegations and do not establish wrongdoing. AECOM securities-fraud investigation announcement

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ACM. BlackRock Inc. acquired a new position in AECOM in the 2nd quarter worth approximately $1,003,699,000. Orion Porfolio Solutions LLC increased its position in AECOM by 28,246.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 5,335,667 shares of the construction company’s stock worth $602,183,000 after purchasing an additional 5,316,844 shares during the last quarter. State Street Corp lifted its stake in AECOM by 2.6% in the third quarter. State Street Corp now owns 5,107,636 shares of the construction company’s stock valued at $666,393,000 after acquiring an additional 127,036 shares during the last quarter. Invesco Ltd. lifted its stake in shares of AECOM by 14.2% in the 3rd quarter. Invesco Ltd. now owns 4,979,960 shares of the construction company’s stock valued at $649,735,000 after purchasing an additional 618,205 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of AECOM by 17.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,773,910 shares of the construction company’s stock valued at $264,437,000 after acquiring an additional 407,622 shares during the last quarter. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Price Performance

The firm has a market capitalization of $8.10 billion, a price-to-earnings ratio of 28.90, a PEG ratio of 0.89 and a beta of 0.93. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.11 and a quick ratio of 1.11. The stock’s 50 day moving average price is $70.25 and its two-hundred day moving average price is $81.03.

AECOM (NYSE:ACM) last released its quarterly earnings results on Monday, August 10th. The construction company reported ($0.50) earnings per share (EPS) 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 19.45%. The firm had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter last year, the company earned $1.34 earnings per share. The firm’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. On average, equities research analysts anticipate that AECOM will post 5.97 EPS for the current year.

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.0%. AECOM’s dividend payout ratio is currently 32.38%.

AECOM Company Profile

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.