AECOM $ACM Position Decreased by Ninety One UK Ltd

Ninety One UK Ltd reduced its position in AECOM (NYSE:ACM) by 2.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 730,168 shares of the construction company’s stock after selling 22,173 shares during the period. Ninety One UK Ltd’s holdings in AECOM were worth $43,043,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in AECOM in the second quarter worth $1,003,699,000. Primecap Management Co. CA purchased a new stake in shares of AECOM during the 2nd quarter valued at $613,336,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of AECOM during the 2nd quarter valued at $383,701,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of AECOM by 2.4% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,565,323 shares of the construction company’s stock valued at $248,860,000 after purchasing an additional 83,360 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of AECOM by 6.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,387,535 shares of the construction company’s stock worth $117,680,000 after purchasing an additional 82,903 shares in the last quarter. Hedge funds and other institutional investors own 85.41% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. The Goldman Sachs Group set a $91.00 target price on AECOM in a research note on Wednesday, August 12th. Bank of America reduced their target price on AECOM from $94.50 to $81.00 and set a “buy” rating on the stock in a research report on Wednesday, August 12th. UBS Group decreased their price target on AECOM from $106.00 to $103.00 and set a “buy” rating for the company in a research note on Thursday, October 8th. Citigroup decreased their price target on AECOM from $97.00 to $84.00 and set a “buy” rating for the company in a research note on Wednesday, August 12th. Finally, Wall Street Zen downgraded AECOM from a “buy” rating to a “hold” rating in a report on Monday, July 6th. Eight investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $81.18.

AECOM Stock Performance

NYSE:ACM traded up $0.68 during trading hours on Thursday, hitting $59.02. 385,920 shares of the company were exchanged, compared to its average volume of 1,761,903. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.06 and a quick ratio of 1.06. AECOM has a 52-week low of $56.39 and a 52-week high of $135.52. The stock has a market capitalization of $7.60 billion, a price-to-earnings ratio of 27.05, a PEG ratio of 1.06 and a beta of 0.93. The company’s 50 day moving average price is $63.55 and its 200-day moving average price is $70.80.

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

AECOM Dividend Announcement

The company also recently announced 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. This represents a $1.24 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, October 14th. AECOM’s dividend payout ratio is presently 56.88%.

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.