AECOM (NYSE:ACM) Shares Down 6% on Analyst Downgrade

Shares of AECOM (NYSE:ACM) fell 6% during mid-day 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 traded hands during trading, a decline of 82% from the average daily volume of 1,696,385 shares. The stock had previously closed at $67.05.

A number of other brokerages have also recently weighed in on ACM. Weiss Ratings cut AECOM from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 26th. Royal Bank Of Canada cut their price objective on AECOM from $111.00 to $105.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Zacks Research downgraded AECOM from a “hold” rating to a “strong sell” rating in a research report on Monday. Barclays reduced their price objective on AECOM from $90.00 to $73.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Finally, Citigroup reiterated a “buy” rating on shares of AECOM in a research report on Wednesday. Nine investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $107.08.

Insider Activity

In other AECOM news, President Lara Poloni purchased 4,224 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were 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. This represents a 2.83% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Troy Rudd purchased 4,225 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was acquired at an average cost of $71.02 per share, for a total transaction of $300,059.50. Following the completion of the purchase, the chief executive officer owned 142,207 shares in the company, valued at $10,099,541.14. The trade was a 3.06% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 9,869 shares of company stock valued at $699,391 over the last quarter. Company insiders own 0.46% of the company’s stock.

Trending Headlines about AECOM

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

Hedge Funds Weigh In On AECOM

A number of large investors have recently bought and sold shares of ACM. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its stake in shares of AECOM by 86.7% during the 4th 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 period. Caitong International Asset Management Co. Ltd raised its position in shares of AECOM by 95.4% in the 4th 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 during the period. EverSource Wealth Advisors LLC boosted its holdings in AECOM by 189.3% in the second quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock valued at $34,000 after acquiring an additional 195 shares during the last quarter. First Horizon Corp boosted its holdings in AECOM by 129.1% in the fourth quarter. First Horizon Corp now owns 362 shares of the construction company’s stock valued at $35,000 after acquiring an additional 204 shares during the last quarter. Finally, Western Wealth Management LLC purchased a new stake in AECOM during the first quarter valued at about $36,000. Hedge funds and other institutional investors own 85.41% of the company’s stock.

AECOM Stock Performance

The stock has a market cap of $8.10 billion, a PE ratio of 28.90, a P/E/G 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 has a 50-day simple moving average of $70.25 and a 200-day simple moving average of $81.03.

AECOM (NYSE:ACM) last released its quarterly earnings data on Monday, August 10th. The construction company reported ($0.50) 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 19.45% and a net margin of 1.87%.The business’s revenue for the quarter was down 14.2% compared to the same quarter last year. During the same quarter last year, the business earned $1.34 earnings per share. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. Equities analysts predict that AECOM will post 5.97 earnings per share for the current fiscal year.

AECOM Announces Dividend

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

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.