AECOM (NYSE:ACM – Get Free Report) had its price objective decreased by KeyCorp from $79.00 to $78.00 in a report released on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the construction company’s stock. KeyCorp’s price objective would indicate a potential upside of 33.63% from the stock’s current price.
Several other equities research analysts have also recently weighed in on ACM. Bank of America decreased their target price on AECOM from $94.50 to $81.00 and set a “buy” rating for the company in a research note on Wednesday, August 12th. Weiss Ratings lowered shares of AECOM from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 12th. Truist Financial cut their price objective on shares of AECOM from $85.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, October 5th. Citigroup cut their price objective on shares of AECOM from $97.00 to $84.00 and set a “buy” rating on the stock in a report on Wednesday, August 12th. Finally, Wall Street Zen downgraded shares of AECOM from a “buy” rating to a “hold” rating in a research report on Monday, July 6th. Eight research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.18.
Check Out Our Latest Analysis on AECOM
AECOM Stock Down 1.7%
AECOM (NYSE:ACM – Get Free Report) last released its quarterly earnings data on Monday, August 10th. The construction company reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($1.96). AECOM had a return on equity of 19.72% and a net margin of 1.87%. The business had revenue of $3.59 billion for the quarter, compared to analyst estimates of $2.01 billion. During the same period in the prior year, the company posted $1.34 earnings per share. The company’s revenue was down 14.2% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. On average, analysts forecast that AECOM will post 3.98 earnings per share for the current fiscal year.
Institutional Trading of AECOM
Several institutional investors and hedge funds have recently made changes to their positions in ACM. Caitong International Asset Management Co. Ltd increased its holdings in shares of AECOM by 95.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company’s stock valued at $28,000 after purchasing an additional 144 shares during the period. Western Wealth Management LLC acquired a new stake in shares of AECOM during the first quarter worth $36,000. Compass Financial Management LLC acquired a new stake in shares of AECOM during the second quarter worth $36,000. Root Financial Partners LLC lifted its holdings in shares of AECOM by 118.3% during the first quarter. Root Financial Partners LLC now owns 631 shares of the construction company’s stock worth $54,000 after purchasing an additional 342 shares during the period. Finally, SJS Investment Consulting Inc. grew its position in AECOM by 199.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 649 shares of the construction company’s stock valued at $55,000 after buying an additional 432 shares during the last quarter. 85.41% of the stock is owned by hedge funds and other institutional investors.
AECOM Company Profile
AECOM (NYSE: ACM) is a global infrastructure consulting firm that provides professional services across the project lifecycle. Its activities include planning, design, engineering, architecture, program and construction management, environmental services, and operations support.
The company serves public- and private-sector clients in areas such as transportation, water, buildings, energy, environmental remediation, and government infrastructure. Its work includes roads and transit systems, airports, water and wastewater facilities, commercial and civic buildings, and large-scale urban development programs.
AECOM operates internationally, serving clients across North America, Europe, the Middle East, Asia-Pacific, and other global markets.
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