AECOM (NYSE:ACM) Stock Rating Raised to “Hold” at Zacks Research

Zacks Research upgraded shares of AECOM (NYSE:ACM) from a strong sell rating to a hold rating in a research report released on Monday morning,Zacks reports.

ACM has been the topic of a number of other reports. Truist Financial cut their price target on AECOM from $85.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, October 5th. KeyCorp lowered their price objective on shares of AECOM from $79.00 to $78.00 and set an “overweight” rating for the company in a research note on Thursday, October 15th. Weiss Ratings downgraded shares of AECOM from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, August 12th. Royal Bank Of Canada dropped their target price on shares of AECOM from $90.00 to $89.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Finally, Argus cut their target price on shares of AECOM from $85.00 to $75.00 and set a “buy” rating on the stock in a research note on Tuesday, August 25th. Eight analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, AECOM has an average rating of “Moderate Buy” and a consensus price target of $80.73.

AECOM Price Performance

Shares of AECOM stock opened at $61.52 on Monday. AECOM has a one year low of $56.39 and a one year high of $135.52. The stock’s 50-day moving average is $62.16 and its 200 day moving average is $76.83. The firm has a market cap of $7.92 billion, a price-to-earnings ratio of 28.22 and a beta of 0.93.

AECOM (NYSE:ACM) last released 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 company had revenue of $3.59 billion during the quarter, compared to analyst estimates of $2.01 billion. AECOM’s revenue for the quarter was down 14.2% compared to the same quarter last year. During the same period 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, sell-side analysts expect that AECOM will post 3.98 EPS for the current fiscal year.

AECOM Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, October 14th will be given a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $1.24 annualized dividend and a yield of 2.0%. AECOM’s dividend payout ratio (DPR) is presently 56.88%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Inceptionr LLC grew its holdings in shares of AECOM by 0.8% during the first quarter. Inceptionr LLC now owns 19,252 shares of the construction company’s stock valued at $1,627,000 after buying an additional 156 shares during the last quarter. Brookstone Capital Management raised its holdings in shares of AECOM by 3.6% in the 3rd quarter. Brookstone Capital Management now owns 4,955 shares of the construction company’s stock worth $292,000 after acquiring an additional 170 shares during the last quarter. Allworth Financial LP lifted its position in AECOM by 9.8% in the 2nd quarter. Allworth Financial LP now owns 2,078 shares of the construction company’s stock valued at $145,000 after acquiring an additional 186 shares in the last quarter. Corient Private Wealth LLC lifted its position in AECOM by 3.6% in the 4th quarter. Corient Private Wealth LLC now owns 6,562 shares of the construction company’s stock valued at $626,000 after acquiring an additional 230 shares in the last quarter. Finally, Burney Co. lifted its position in AECOM by 3.7% in the 1st quarter. Burney Co. now owns 7,492 shares of the construction company’s stock valued at $636,000 after acquiring an additional 265 shares in the last quarter. Institutional investors and hedge funds own 85.41% of the company’s stock.

AECOM Company Profile

AECOM is a global infrastructure consulting firm that provides professional services across the planning, design, engineering, construction, and management of complex projects. Its work supports transportation systems, buildings, water and wastewater infrastructure, energy facilities, environmental programs, and government and defense initiatives.

The company offers architecture and engineering, program and construction management, environmental consulting, planning, advisory, and asset-management services.