Royal Bank Of Canada Cuts AECOM (NYSE:ACM) Price Target to $105.00

AECOM (NYSE:ACM) had its price objective trimmed by Royal Bank Of Canada from $111.00 to $105.00 in a research report report published on Wednesday,Benzinga reports. The brokerage currently has an outperform rating on the construction company’s stock.

A number of other equities analysts have also weighed in on ACM. Barclays decreased their target price on AECOM from $110.00 to $90.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 19th. Weiss Ratings downgraded AECOM from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 26th. Robert W. Baird cut their price objective on AECOM from $98.00 to $91.00 and set a “neutral” rating for the company in a report on Tuesday, May 12th. Citigroup decreased their price objective on shares of AECOM from $130.00 to $98.00 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. Finally, Wall Street Zen downgraded shares of AECOM from a “buy” rating to a “hold” rating in a research note on Monday, July 6th. Nine analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, AECOM currently has an average rating of “Moderate Buy” and an average target price of $114.82.

AECOM Stock Performance

NYSE ACM opened at $70.68 on Wednesday. The company’s 50 day simple moving average is $69.80 and its two-hundred day simple moving average is $83.25. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.11 and a quick ratio of 1.11. AECOM has a 1 year low of $66.28 and a 1 year high of $135.52. The stock has a market capitalization of $9.08 billion, a PE ratio of 18.45, a P/E/G ratio of 0.82 and a beta of 0.93.

AECOM (NYSE:ACM) last released its quarterly earnings results on Monday, May 11th. The construction company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.01. The firm had revenue of $3.80 billion during the quarter, compared to analyst estimates of $1.94 billion. AECOM had a net margin of 3.16% and a return on equity of 28.52%. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.25 EPS. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. Analysts predict that AECOM will post 5.97 earnings per share for the current fiscal year.

AECOM Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Wednesday, July 1st were paid a $0.31 dividend. 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 1.8%. AECOM’s dividend payout ratio is 32.38%.

Insider Activity

In other AECOM news, President Lara Poloni bought 4,224 shares of AECOM stock in a transaction that occurred on Tuesday, June 16th. The shares were bought at an average price of $70.63 per share, with a total value of $298,341.12. Following the acquisition, the president owned 153,446 shares in the company, valued at approximately $10,837,890.98. This trade represents a 2.83% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Gaurav Kapoor bought 1,420 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average price of $71.12 per share, for a total transaction of $100,990.40. Following the transaction, the chief financial officer owned 88,053 shares in the company, valued at $6,262,329.36. This trade represents a 1.64% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders acquired 9,869 shares of company stock valued at $699,391. Corporate insiders own 0.46% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Orion Porfolio Solutions LLC grew its position in AECOM by 28,246.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 5,335,667 shares of the construction company’s stock worth $602,183,000 after acquiring an additional 5,316,844 shares during the last quarter. State Street Corp lifted its position 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 purchasing an additional 127,036 shares during the last quarter. Invesco Ltd. lifted its position in AECOM by 14.2% in the third 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in AECOM by 17.2% in the fourth 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 purchasing an additional 407,622 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of AECOM by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 2,444,275 shares of the construction company’s stock valued at $232,359,000 after purchasing an additional 25,929 shares during the period. 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.