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

Wedge Capital Management L L P NC boosted its position in shares of AECOM (NYSE:ACM) by 12.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 91,404 shares of the construction company’s stock after acquiring an additional 9,856 shares during the period. Wedge Capital Management L L P NC’s holdings in AECOM were worth $6,380,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its stake in 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 purchasing an additional 130 shares during the period. Caitong International Asset Management Co. Ltd increased its position in 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 lifted its holdings in shares of AECOM by 189.3% during the second quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock worth $34,000 after buying an additional 195 shares during the last quarter. First Horizon Corp lifted its holdings in shares of AECOM by 129.1% during the fourth quarter. First Horizon Corp now owns 362 shares of the construction company’s stock worth $35,000 after buying an additional 204 shares during the last quarter. Finally, Intesa Sanpaolo Wealth Management bought a new stake in shares of AECOM in the fourth quarter valued at approximately $38,000. 85.41% of the stock is currently owned by institutional investors.

Key AECOM News

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

AECOM Price Performance

Shares of ACM stock opened at $61.32 on Thursday. The stock’s fifty day simple moving average is $70.03 and its 200 day simple 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 price-to-earnings ratio of 28.13, a P/E/G ratio of 0.82 and a beta of 0.93. AECOM has a one year low of $60.92 and a one year high of $135.52.

AECOM (NYSE:ACM) last released its quarterly earnings data on Monday, August 10th. The construction company reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($1.96). The company had revenue of $3.59 billion for 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 business’s revenue was down 14.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.34 earnings per share. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. On average, analysts expect that AECOM will post 5.97 earnings per share for the current fiscal year.

AECOM Announces Dividend

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

Wall Street Analyst Weigh In

ACM has been the topic of several research analyst reports. Citigroup lowered their price objective on shares of AECOM from $97.00 to $84.00 and set a “buy” rating on the stock in a research note on Wednesday. Royal Bank Of Canada reduced their price target on shares of AECOM from $111.00 to $105.00 and set an “outperform” rating for the company in a report on Wednesday, July 22nd. Robert W. Baird dropped their price objective on shares of AECOM from $87.00 to $73.00 and set a “neutral” rating on the stock in a report on Tuesday. Truist Financial reaffirmed a “buy” rating and set a $85.00 price objective (down from $102.00) on shares of AECOM in a research report on Wednesday. Finally, The Goldman Sachs Group set a $91.00 target price on shares of AECOM in a research note on Wednesday. Nine equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $96.50.

Insider Buying and Selling at AECOM

In other news, President Lara Poloni bought 4,224 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was bought at an average price of $70.63 per share, for a total transaction of $298,341.12. Following the completion of 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 document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.46% 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.