Royal Bank Of Canada Cuts AECOM (NYSE:ACM) Price Target to $90.00

AECOM (NYSE:ACM) had its price target trimmed by Royal Bank Of Canada from $105.00 to $90.00 in a report issued on Thursday morning, MarketBeat.com reports. The brokerage currently has an outperform rating on the construction company’s stock.

Other analysts have also issued research reports about the company. Truist Financial restated a “buy” rating and issued a $85.00 price objective (down from $102.00) on shares of AECOM in a report on Wednesday. Piper Sandler set a $79.00 target price on AECOM in a report on Wednesday. Weiss Ratings cut shares of AECOM from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 26th. The Goldman Sachs Group set a $91.00 price target on shares of AECOM in a research report on Wednesday. Finally, Citigroup reduced their price objective on shares of AECOM from $97.00 to $84.00 and set a “buy” rating for the company in a research report on Wednesday. Nine research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, AECOM currently has a consensus rating of “Moderate Buy” and an average target price of $94.58.

AECOM Price Performance

NYSE ACM opened at $62.99 on Thursday. AECOM has a 12 month low of $60.35 and a 12 month high of $135.52. The firm has a market capitalization of $8.11 billion, a PE ratio of 28.90, a P/E/G ratio of 4.25 and a beta of 0.93. The company’s 50 day simple moving average is $69.68 and its 200 day simple moving average is $80.41. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.06 and a quick ratio of 1.11.

AECOM (NYSE:ACM) last released its 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). The firm had revenue of $3.59 billion during the quarter, compared to analyst estimates of $2.01 billion. AECOM had a return on equity of 19.72% and a net margin of 1.87%.The business’s revenue for the quarter was down 14.2% on a year-over-year basis. During the same quarter last year, the company earned $1.34 earnings per share. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. As a group, equities research analysts forecast that AECOM will post 3.98 EPS for the current fiscal year.

AECOM Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Wednesday, July 1st were given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Wednesday, July 1st. AECOM’s payout ratio is presently 56.88%.

Insider Transactions at AECOM

In other AECOM news, President Lara Poloni acquired 4,224 shares of AECOM stock in a transaction that occurred on Tuesday, June 16th. The stock was purchased at an average cost of $70.63 per share, with a total value of $298,341.12. Following the purchase, the president owned 153,446 shares in the company, valued at approximately $10,837,890.98. The trade was a 2.83% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.46% of the company’s stock.

Hedge Funds Weigh In On AECOM

Several institutional investors and hedge funds have recently bought and sold shares of ACM. Kingsview Wealth Management LLC bought a new stake in AECOM in the fourth quarter worth $2,057,000. Norges Bank bought a new position in AECOM during the fourth quarter valued at about $205,499,000. Intech Investment Management LLC raised its holdings in AECOM by 39.5% during the fourth quarter. Intech Investment Management LLC now owns 154,065 shares of the construction company’s stock valued at $14,687,000 after buying an additional 43,600 shares in the last quarter. Legal & General Group Plc lifted its position in shares of AECOM by 11.0% in the fourth quarter. Legal & General Group Plc now owns 463,295 shares of the construction company’s stock worth $44,166,000 after buying an additional 46,006 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in shares of AECOM in the fourth quarter worth about $3,559,000. Hedge funds and other institutional investors own 85.41% 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.