Wedge Capital Management L L P NC Buys 9,856 Shares of AECOM $ACM

Wedge Capital Management L L P NC increased its stake in AECOM (NYSE:ACM) by 12.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 91,404 shares of the construction company’s stock after purchasing an additional 9,856 shares during the quarter. Wedge Capital Management L L P NC owned 0.07% of AECOM worth $6,380,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Kingsview Wealth Management LLC bought a new stake in shares of AECOM in the 4th quarter worth $2,057,000. Norges Bank acquired a new position in AECOM during the fourth quarter worth about $205,499,000. Intech Investment Management LLC raised its position in AECOM by 39.5% in the fourth quarter. Intech Investment Management LLC now owns 154,065 shares of the construction company’s stock worth $14,687,000 after acquiring an additional 43,600 shares in the last quarter. Legal & General Group Plc lifted its holdings in AECOM by 11.0% in the 4th quarter. Legal & General Group Plc now owns 463,295 shares of the construction company’s stock valued at $44,166,000 after acquiring an additional 46,006 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new position in shares of AECOM in the 4th quarter worth approximately $3,559,000. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, President Lara Poloni purchased 4,224 shares of AECOM stock in a transaction on Tuesday, June 16th. The stock was bought at an average price of $70.63 per share, with a total value of $298,341.12. Following the completion of the transaction, the president directly owned 153,446 shares of the company’s stock, valued at approximately $10,837,890.98. This represents a 2.83% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.46% of the stock is currently owned by company insiders.

AECOM Stock Performance

Shares of ACM stock opened at $61.32 on Thursday. AECOM has a fifty-two week low of $60.92 and a fifty-two week high of $135.52. The stock’s 50-day moving average is $70.03 and its two-hundred day moving average is $80.77. 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 firm has a market cap of $7.88 billion, a P/E ratio of 28.13, a PEG ratio of 0.82 and a beta of 0.93.

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 analyst estimates of $2.01 billion. AECOM had a return on equity of 19.45% 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 quarter in the prior year, the company posted $1.34 EPS. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. Analysts predict that AECOM will post 5.97 earnings per share for the current fiscal year.

AECOM Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 2.0%. The ex-dividend date was Wednesday, July 1st. AECOM’s dividend payout ratio (DPR) is 56.88%.

Key Stories Impacting AECOM

Here are the key news stories impacting AECOM this week:

• Positive Sentiment: Buy and overweight ratings remain in place. Truist reaffirmed its “buy” rating with an $85 price target, while KeyCorp maintained an “overweight” rating and set a $79 target. These targets imply considerable potential upside from recent trading levels. Benzinga analyst rating reports
• Neutral Sentiment: AECOM’s backlog and earnings outlook remain central investor concerns. Recent coverage and the company’s fiscal third-quarter earnings presentation focused on backlog, results and forward expectations, while KeyCorp made only a modest reduction to its FY2027 EPS estimate, from $7.00 to $6.95. AECOM 2026 Q3 results presentation
• Negative Sentiment: Multiple firms cut their valuation targets. KeyCorp lowered its price target from $101 to $79, and Robert W. Baird reduced its target from $87 to $73 while assigning a “neutral” rating. Truist also cut its target from $102 to $85 despite retaining a “buy” recommendation, signaling diminished near-term expectations. AECOM analyst target changes
• Negative Sentiment: Fiscal third-quarter earnings missed expectations. AECOM reported a loss of $0.50 per share versus the consensus estimate of $1.46, while revenue fell 14.2% year over year. The earnings shortfall has intensified concerns about profitability and contributed to the stock’s recent weakness. AECOM fiscal third-quarter earnings miss
• Negative Sentiment: Legal overhang adds risk. The Law Offices of Frank R. Cruz announced a securities-fraud investigation into AECOM concerning possible federal securities-law violations. Although the announcement does not establish wrongdoing, it may add uncertainty and selling pressure. AECOM securities-fraud investigation announcement
• Negative Sentiment: Zacks downgraded AECOM from “hold” to “strong sell,” adding to the negative reaction following the earnings miss and analyst target reductions. Zacks Research

Wall Street Analysts Forecast Growth

ACM has been the topic of several research reports. The Goldman Sachs Group set a $91.00 price target on AECOM in a report on Wednesday. Citigroup decreased their target price on AECOM from $97.00 to $84.00 and set a “buy” rating on the stock in a report on Wednesday. Truist Financial reaffirmed a “buy” rating and set a $85.00 target price (down from $102.00) on shares of AECOM in a research report on Wednesday. Piper Sandler set a $79.00 target price on AECOM in a report on Wednesday. Finally, Robert W. Baird decreased their price target on AECOM from $87.00 to $73.00 and set a “neutral” rating for the company in a research report on Tuesday. Nine investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, AECOM presently has a consensus rating of “Moderate Buy” and an average target price of $96.50.

AECOM Company 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.