Deutsche Bank AG purchased a new stake in AECOM (NYSE:ACM – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund purchased 338,081 shares of the construction company’s stock, valued at approximately $23,598,000.
Other hedge funds have also added to or reduced their stakes in the company. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its position in shares of AECOM by 86.7% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 280 shares of the construction company’s stock valued at $27,000 after buying an additional 130 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in AECOM by 95.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company’s stock worth $28,000 after buying an additional 144 shares in the last quarter. EverSource Wealth Advisors LLC raised its position in AECOM by 189.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock valued at $34,000 after buying an additional 195 shares during the last quarter. First Horizon Corp raised its position in AECOM by 129.1% in the 4th quarter. First Horizon Corp now owns 362 shares of the construction company’s stock valued at $35,000 after buying an additional 204 shares during the last quarter. Finally, Western Wealth Management LLC bought a new position in AECOM during the 1st quarter valued at $36,000. Institutional investors and hedge funds own 85.41% of the company’s stock.
Insiders Place Their Bets
In other news, President Lara Poloni acquired 4,224 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were acquired at an average cost of $70.63 per share, for a total transaction of $298,341.12. Following the purchase, the president owned 153,446 shares of the company’s stock, valued at approximately $10,837,890.98. The trade was a 2.83% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.46% of the company’s stock.
AECOM Price Performance
AECOM (NYSE:ACM – Get Free Report) last released its 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 firm 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 business’s quarterly revenue was down 14.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.34 earnings per share. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. Sell-side analysts forecast that AECOM will post 3.98 EPS for the current year.
AECOM Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Wednesday, July 1st were issued a $0.31 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $1.24 annualized dividend and a yield of 1.9%. AECOM’s dividend payout ratio (DPR) is 56.88%.
Analyst Ratings Changes
ACM has been the subject of several recent analyst reports. The Goldman Sachs Group set a $91.00 target price on shares of AECOM in a research note on Wednesday, August 12th. Truist Financial reissued a “buy” rating and set a $85.00 price target (down from $102.00) on shares of AECOM in a research report on Wednesday, August 12th. Piper Sandler set a $79.00 price target on shares of AECOM in a report on Wednesday, August 12th. UBS Group set a $85.00 price objective on shares of AECOM in a research report on Wednesday, August 12th. Finally, Robert W. Baird decreased their price objective on shares of AECOM from $73.00 to $65.00 and set a “neutral” rating for the company in a research note on Friday, August 14th. Nine equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $94.58.
Check Out Our Latest Stock Report on AECOM
AECOM 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.
Recommended Stories
- Five stocks we like better than AECOM
- Blueprint for a Boom: SEC Clears the Crypto Runway
- Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
- Advance Auto Parts Plunged, But Its Turnaround Is Still Working
- Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
Want to see what other hedge funds are holding ACM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AECOM (NYSE:ACM – Free Report).
Receive News & Ratings for AECOM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AECOM and related companies with MarketBeat.com's FREE daily email newsletter.
