Meeder Asset Management Inc. Acquires 28,538 Shares of AECOM $ACM

Meeder Asset Management Inc. lifted its holdings in AECOM (NYSE:ACM) by 30,040.0% in the first quarter, Holdings Channel reports. The fund owned 28,633 shares of the construction company’s stock after purchasing an additional 28,538 shares during the quarter. Meeder Asset Management Inc.’s holdings in AECOM were worth $2,429,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ACM. Kingsview Wealth Management LLC purchased a new position in shares of AECOM in the 4th quarter worth approximately $2,057,000. Norges Bank purchased a new stake in AECOM during the 4th quarter valued at $205,499,000. Retirement Systems of Alabama raised its holdings in AECOM by 8.9% during the 4th quarter. Retirement Systems of Alabama now owns 339,765 shares of the construction company’s stock valued at $32,390,000 after buying an additional 27,750 shares during the period. Intech Investment Management LLC raised its holdings in AECOM by 39.5% during the 4th quarter. Intech Investment Management LLC now owns 154,065 shares of the construction company’s stock valued at $14,687,000 after buying an additional 43,600 shares during the period. Finally, Eurizon Capital SGR S.p.A. bought a new stake in AECOM in the fourth quarter worth $3,559,000. Hedge funds and other institutional investors own 85.41% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Robert W. Baird dropped their price objective on shares of AECOM from $98.00 to $91.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. Barclays lowered their target price on shares of AECOM from $110.00 to $90.00 and set an “equal weight” rating for the company in a report on Tuesday, May 19th. KeyCorp dropped their price target on shares of AECOM from $115.00 to $101.00 and set an “overweight” rating for the company in a research note on Wednesday, May 13th. Citigroup cut their price target 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. Finally, Truist Financial reduced their price objective on shares of AECOM from $109.00 to $102.00 and set a “buy” rating on the stock in a research report on Thursday, July 2nd. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $115.36.

Insiders Place Their Bets

In related news, CFO Gaurav Kapoor purchased 1,420 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was purchased at an average price of $71.12 per share, with a total value of $100,990.40. Following the completion of the purchase, the chief financial officer owned 88,053 shares of the company’s stock, valued at approximately $6,262,329.36. The trade was a 1.64% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Lara Poloni purchased 4,224 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was purchased at an average price of $70.63 per share, with a total value of $298,341.12. Following the acquisition, the president directly owned 153,446 shares of the company’s stock, valued at $10,837,890.98. This trade represents a 2.83% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased 9,869 shares of company stock worth $699,391 in the last three months. Corporate insiders own 0.46% of the company’s stock.

AECOM Stock Up 0.0%

NYSE:ACM opened at $68.29 on Monday. AECOM has a twelve month low of $66.28 and a twelve month high of $135.52. The company has a market cap of $8.78 billion, a price-to-earnings ratio of 17.83, a price-to-earnings-growth ratio of 0.83 and a beta of 0.93. The stock has a fifty day simple moving average of $70.20 and a 200-day simple moving average of $84.12. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.07.

AECOM (NYSE:ACM) last issued its earnings results on Monday, May 11th. The construction company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.01. The firm had revenue of $3.80 billion during the quarter, compared to analyst estimates of $1.94 billion. AECOM had a net margin of 3.16% and a return on equity of 28.52%. The business’s revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.25 earnings per share. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. Analysts anticipate that AECOM will post 5.97 EPS for the current year.

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Wednesday, July 1st were given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, July 1st. AECOM’s payout ratio is 32.38%.

AECOM 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.