Primecap Management Co. CA Cuts Stock Holdings in AECOM $ACM

Primecap Management Co. CA lowered its stake in shares of AECOM (NYSE:ACM) by 7.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,878,363 shares of the construction company’s stock after selling 684,889 shares during the quarter. Primecap Management Co. CA owned 6.70% of AECOM worth $1,158,360,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Westend Capital Management LLC bought a new stake in shares of AECOM in the 3rd quarter worth $26,000. Atlantic Union Bankshares Corp purchased a new position in AECOM during the third quarter worth about $26,000. EverSource Wealth Advisors LLC grew its position in AECOM by 189.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock worth $34,000 after purchasing an additional 195 shares in the last quarter. Optiver Holding B.V. increased its stake in AECOM by 219.8% in the 3rd quarter. Optiver Holding B.V. now owns 307 shares of the construction company’s stock valued at $40,000 after buying an additional 211 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new stake in AECOM in the 3rd quarter valued at about $41,000. 85.41% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. The Goldman Sachs Group cut their target price on AECOM from $148.00 to $127.00 and set a “buy” rating on the stock in a research note on Wednesday, January 28th. Bank of America boosted their price objective on AECOM from $117.00 to $118.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Citigroup reduced their price objective on AECOM from $152.00 to $131.00 and set a “buy” rating for the company in a research note on Monday, January 26th. KeyCorp reiterated an “overweight” rating and set a $115.00 target price on shares of AECOM in a research note on Wednesday, January 7th. Finally, Weiss Ratings downgraded shares of AECOM from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 29th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $130.09.

AECOM Stock Performance

Shares of ACM opened at $94.19 on Thursday. The firm has a market cap of $12.18 billion, a PE ratio of 26.76, a PEG ratio of 1.18 and a beta of 1.08. The stock’s fifty day moving average price is $96.91 and its two-hundred day moving average price is $113.65. 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 has a 1 year low of $85.00 and a 1 year high of $135.52.

AECOM (NYSE:ACM) last announced its quarterly earnings data on Monday, February 9th. The construction company reported $1.29 earnings per share for the quarter, missing the consensus estimate of $1.41 by ($0.12). AECOM had a return on equity of 27.05% and a net margin of 2.94%.The firm had revenue of $3.83 billion during the quarter, compared to analysts’ expectations of $3.33 billion. AECOM’s quarterly revenue was down 4.6% on a year-over-year basis. AECOM has set its FY 2026 guidance at 4.180-4.890 EPS. On average, equities research analysts forecast that AECOM will post 5.1 EPS for the current year.

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.