AECOM $ACM Shares Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA lowered its stake in shares of AECOM (NYSE:ACM) by 27.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 2,128,362 shares of the construction company’s stock after selling 793,966 shares during the period. Pictet Asset Management Holding SA’s holdings in AECOM were worth $180,520,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Towarzystwo Funduszy Inwestycyjnych PZU SA raised 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 acquiring an additional 130 shares during the last quarter. Central Pacific Bank Trust Division acquired a new stake in AECOM during the 4th quarter worth approximately $27,000. Ameriflex Group Inc. grew its stake in shares of AECOM by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 294 shares of the construction company’s stock valued at $38,000 after purchasing an additional 147 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of AECOM by 95.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company’s stock valued at $28,000 after purchasing an additional 144 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of 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 purchasing an additional 195 shares during the period. Institutional investors and hedge funds own 85.41% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on ACM. Barclays cut their price target on AECOM from $110.00 to $90.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 19th. KeyCorp dropped their price objective on shares of AECOM from $115.00 to $101.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 13th. Robert W. Baird cut their price objective on shares of AECOM from $98.00 to $91.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. Truist Financial restated a “buy” rating and issued a $109.00 target price (down from $116.00) on shares of AECOM in a research note on Wednesday, May 13th. Finally, Citigroup lowered their target price on shares of AECOM from $130.00 to $98.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $116.00.

AECOM Stock Down 0.0%

AECOM stock opened at $71.01 on Monday. 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 $67.27 and a 1-year high of $135.52. The company has a market cap of $9.13 billion, a PE ratio of 18.54, a price-to-earnings-growth ratio of 0.86 and a beta of 0.93. The stock’s 50 day moving average price is $74.58 and its 200 day moving average price is $87.24.

AECOM (NYSE:ACM) last released its quarterly earnings data on Monday, May 11th. The construction company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.01. The firm had revenue of $3.80 billion during the quarter, compared to analysts’ expectations of $1.94 billion. AECOM had a return on equity of 28.52% and a net margin of 3.16%.AECOM’s revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.25 earnings per share. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. On average, sell-side analysts predict that AECOM will post 5.98 EPS for the current fiscal year.

AECOM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Wednesday, July 1st will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Wednesday, July 1st. AECOM’s dividend payout ratio (DPR) is currently 32.38%.

Insider Activity at AECOM

In related news, President Lara Poloni bought 4,224 shares of the stock in a transaction on Tuesday, June 16th. The shares were bought at an average cost of $70.63 per share, for a total transaction of $298,341.12. Following the completion of the transaction, the president owned 153,446 shares of the company’s stock, valued at $10,837,890.98. This represents a 2.83% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Troy Rudd bought 4,225 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was bought at an average cost of $71.02 per share, with a total value of $300,059.50. Following the completion of the acquisition, the chief executive officer owned 142,207 shares of the company’s stock, valued at $10,099,541.14. This represents a 3.06% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased 9,869 shares of company stock worth $699,391 over the last 90 days. Company insiders own 0.46% of the company’s 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.