CI Investments Inc. Sells 31,543 Shares of AECOM $ACM

CI Investments Inc. decreased its position in shares of AECOM (NYSE:ACM) by 2.7% during the third quarter, Holdings Channel reports. The fund owned 1,157,414 shares of the construction company’s stock after selling 31,543 shares during the period. CI Investments Inc.’s holdings in AECOM were worth $151,008,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Orion Porfolio Solutions LLC boosted its position in shares of AECOM by 28,246.5% during the second quarter. Orion Porfolio Solutions LLC now owns 5,335,667 shares of the construction company’s stock valued at $602,183,000 after purchasing an additional 5,316,844 shares in the last quarter. Invesco Ltd. lifted its position in AECOM by 79.1% during the second quarter. Invesco Ltd. now owns 4,361,755 shares of the construction company’s stock valued at $492,268,000 after buying an additional 1,926,466 shares during the period. Amundi boosted its holdings in shares of AECOM by 9.7% during the 2nd quarter. Amundi now owns 1,846,136 shares of the construction company’s stock valued at $208,355,000 after buying an additional 162,870 shares in the last quarter. Norges Bank purchased a new stake in shares of AECOM in the 2nd quarter worth about $200,879,000. Finally, Impax Asset Management Group plc increased its stake in shares of AECOM by 0.9% in the 2nd quarter. Impax Asset Management Group plc now owns 1,516,823 shares of the construction company’s stock worth $171,189,000 after acquiring an additional 13,453 shares in the last quarter. Institutional investors own 85.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on ACM. Argus dropped their price objective on shares of AECOM from $155.00 to $135.00 and set a “buy” rating on the stock in a research note on Thursday, November 20th. Citigroup cut their price target on AECOM from $152.00 to $131.00 and set a “buy” rating on the stock in a research note on Monday, January 26th. Barclays lifted their price objective on AECOM from $100.00 to $110.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 11th. Weiss Ratings downgraded AECOM from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 29th. Finally, The Goldman Sachs Group reduced their price target on AECOM from $148.00 to $127.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, AECOM has a consensus rating of “Moderate Buy” and a consensus target price of $130.09.

AECOM Price Performance

NYSE ACM opened at $97.30 on Tuesday. AECOM has a one year low of $85.00 and a one year high of $135.52. The stock has a 50-day moving average of $96.96 and a 200 day moving average of $113.13. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.10 and a current ratio of 1.10. The company has a market capitalization of $12.58 billion, a price-to-earnings ratio of 27.64, a PEG ratio of 1.21 and a beta of 1.06.

AECOM (NYSE:ACM) last announced its quarterly earnings results on Monday, February 9th. The construction company reported $1.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.12). AECOM had a net margin of 2.94% and a return on equity of 27.05%. The company had revenue of $3.83 billion for the quarter, compared to analysts’ expectations of $3.33 billion. The firm’s 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, sell-side analysts forecast that AECOM will post 5.1 EPS for the current year.

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.