AECOM (NYSE:ACM) Given New $98.00 Price Target at Citigroup

AECOM (NYSE:ACM) had its price objective cut by Citigroup from $130.00 to $98.00 in a research note issued to investors on Wednesday,Benzinga reports. They currently have a buy rating on the construction company’s stock.

A number of other equities analysts also recently issued reports on ACM. KeyCorp cut their price target on AECOM from $115.00 to $101.00 and set an “overweight” rating for the company in a research note on Wednesday. Truist Financial reiterated a “buy” rating and set a $109.00 price target (down from $116.00) on shares of AECOM in a research note on Wednesday. Barclays lifted their price target on AECOM from $100.00 to $110.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 11th. Royal Bank Of Canada cut their price target on AECOM from $142.00 to $111.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, The Goldman Sachs Group cut their price target on AECOM from $148.00 to $127.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, AECOM currently has an average rating of “Moderate Buy” and a consensus price target of $117.82.

AECOM Stock Performance

Shares of AECOM stock opened at $70.70 on Wednesday. AECOM has a one year low of $67.64 and a one year high of $135.52. The firm has a market capitalization of $9.14 billion, a price-to-earnings ratio of 18.46, a PEG ratio of 0.86 and a beta of 1.00. The business has a 50-day simple moving average of $85.91 and a 200 day simple moving average of $98.33. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.10 and a quick ratio of 1.10.

AECOM (NYSE:ACM) last issued its 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 business had revenue of $3.80 billion during the quarter, compared to analyst estimates of $1.94 billion. AECOM had a return on equity of 28.15% and a net margin of 3.16%.The firm’s revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.25 EPS. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. On average, research analysts anticipate that AECOM will post 6.02 earnings per share for the current fiscal year.

AECOM Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Wednesday, April 1st were paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Wednesday, April 1st. AECOM’s payout ratio is presently 32.38%.

Hedge Funds Weigh In On AECOM

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Orion Porfolio Solutions LLC boosted its stake in shares of AECOM by 28,246.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 5,335,667 shares of the construction company’s stock worth $602,183,000 after buying an additional 5,316,844 shares during the last quarter. State Street Corp boosted its stake in shares of AECOM by 2.6% in the 3rd quarter. State Street Corp now owns 5,107,636 shares of the construction company’s stock worth $666,393,000 after buying an additional 127,036 shares during the last quarter. Invesco Ltd. boosted its stake in shares of AECOM by 14.2% in the 3rd quarter. Invesco Ltd. now owns 4,979,960 shares of the construction company’s stock worth $649,735,000 after buying an additional 618,205 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of AECOM by 105.3% in the 3rd quarter. First Trust Advisors LP now owns 4,216,372 shares of the construction company’s stock worth $550,110,000 after buying an additional 2,162,158 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of AECOM by 17.2% in the 4th 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 worth $264,437,000 after buying an additional 407,622 shares during the last quarter. Hedge funds and other institutional investors own 85.41% of the company’s stock.

More AECOM News

Here are the key news stories impacting AECOM this week:

• Positive Sentiment: AECOM announced it was selected by the New Jersey Turnpike Authority for a new five-year master services agreement, adding another infrastructure-focused contract that supports its long-term project pipeline. AECOM selected by New Jersey Turnpike Authority to provide general consulting engineering services
• Positive Sentiment: The company’s Q2 results were viewed favorably, with earnings beating estimates and backlog increasing year over year, reinforcing confidence in AECOM’s execution and infrastructure demand trends. AECOM Stock Up as Q2 Earnings Beat Estimates, Backlog Increases Y/Y
• Positive Sentiment: Several market commentary pieces highlighted AECOM as oversold and potentially undervalued after its recent pullback, which may be encouraging dip-buying interest. Down 17.8% in 4 Weeks, Here’s Why You Should You Buy the Dip in Aecom (ACM)
• Neutral Sentiment: Truist reaffirmed its buy rating but lowered its price target to $109 from $116, signaling continued optimism while becoming slightly less aggressive on valuation. AECOM price target update by Truist Financial Corporation
• Neutral Sentiment: Citigroup also cut its target to $98 from $130 but kept a buy rating, indicating the stock still has meaningful upside despite a more cautious outlook. AECOM price target lowered by Citigroup Inc.
• Neutral Sentiment: Additional Zacks commentary flagged AECOM as a growth and value candidate, but these pieces were largely style/valuation commentary rather than new fundamental developments. Here’s Why Aecom Technology (ACM) is a Strong Growth Stock

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.