KeyCorp Lowers AECOM (NYSE:ACM) Price Target to $79.00

AECOM (NYSE:ACM) had its target price cut by analysts at KeyCorp from $101.00 to $79.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the construction company’s stock. KeyCorp’s price target indicates a potential upside of 24.38% from the stock’s current price. KeyCorp also issued estimates for AECOM’s Q3 2026 earnings at $1.42 EPS, Q4 2026 earnings at $1.71 EPS and FY2027 earnings at $6.95 EPS.

Several other research firms have also recently weighed in on ACM. Citigroup reaffirmed a “buy” rating on shares of AECOM in a research note on Wednesday. Robert W. Baird reduced their price target on shares of AECOM from $87.00 to $73.00 and set a “neutral” rating for the company in a research report on Tuesday. Truist Financial decreased their target price on shares of AECOM from $109.00 to $102.00 and set a “buy” rating for the company in a research note on Thursday, July 2nd. Weiss Ratings cut shares of AECOM from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. Finally, Barclays reduced their price objective on AECOM from $90.00 to $73.00 and set an “equal weight” rating for the company in a research report on Wednesday. Nine equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $109.64.

AECOM Price Performance

Shares of NYSE:ACM opened at $63.52 on Wednesday. The company’s fifty day moving average is $70.25 and its two-hundred day moving average is $81.03. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.07. AECOM has a 12-month low of $63.67 and a 12-month high of $135.52. The company has a market cap of $8.16 billion, a P/E ratio of 29.99, a price-to-earnings-growth ratio of 0.89 and a beta of 0.93.

AECOM (NYSE:ACM) last issued its earnings results on Monday, August 10th. The construction company reported ($0.50) EPS for the quarter, missing the consensus estimate of $1.46 by ($1.96). The business 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 business’s quarterly revenue was down 14.2% on a year-over-year basis. During the same period last year, the business earned $1.34 EPS. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. Equities analysts expect that AECOM will post 5.97 earnings per share for the current fiscal year.

Insider Transactions at AECOM

In other news, CFO Gaurav Kapoor acquired 1,420 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was acquired at an average cost of $71.12 per share, with a total value of $100,990.40. Following the acquisition, the chief financial officer owned 88,053 shares in the company, valued at approximately $6,262,329.36. This represents a 1.64% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Troy Rudd bought 4,225 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was purchased at an average price of $71.02 per share, for a total transaction of $300,059.50. Following the completion of the purchase, the chief executive officer directly owned 142,207 shares in the company, valued at $10,099,541.14. The trade was a 3.06% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders bought 9,869 shares of company stock worth $699,391. 0.46% of the stock is owned by insiders.

Institutional Trading of AECOM

Several hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in shares of AECOM during the second quarter valued at approximately $1,003,699,000. Orion Porfolio Solutions LLC lifted its position in AECOM by 28,246.5% in the second quarter. Orion Porfolio Solutions LLC now owns 5,335,667 shares of the construction company’s stock worth $602,183,000 after purchasing an additional 5,316,844 shares during the period. Norges Bank bought a new position in AECOM in the fourth quarter worth $205,499,000. Bank of New York Mellon Corp acquired a new stake in AECOM during the second quarter worth $79,519,000. Finally, PFA Pension Forsikringsaktieselskab acquired a new stake in AECOM during the fourth quarter worth $67,553,000. 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 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

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.