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

Primecap Management Co. CA lowered its stake in shares of AECOM (NYSE:ACM) by 7.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 8,878,363 shares of the construction company’s stock after selling 684,889 shares during the period. Primecap Management Co. CA owned about 0.07% of AECOM worth $1,158,360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in ACM. Orion Porfolio Solutions LLC raised its stake in shares of AECOM by 28,246.5% during the 2nd 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 during the period. Invesco Ltd. boosted its stake in AECOM by 79.1% in the 2nd quarter. Invesco Ltd. now owns 4,361,755 shares of the construction company’s stock worth $492,268,000 after purchasing an additional 1,926,466 shares during the period. Norges Bank purchased a new position in AECOM during the 2nd quarter valued at about $200,879,000. Hennessy Advisors Inc. bought a new stake in shares of AECOM during the third quarter valued at about $43,473,000. Finally, The Manufacturers Life Insurance Company increased its position in shares of AECOM by 20.0% during the second quarter. The Manufacturers Life Insurance Company now owns 1,123,291 shares of the construction company’s stock valued at $126,775,000 after buying an additional 187,018 shares during the period. 85.41% of the stock is owned by institutional investors.

AECOM Price Performance

Shares of AECOM stock opened at $94.19 on Thursday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.10 and a current ratio of 1.10. AECOM has a 52-week low of $85.00 and a 52-week high of $135.52. The company has a fifty day moving average of $96.91 and a 200-day moving average of $113.65. The stock has a market capitalization of $12.18 billion, a price-to-earnings ratio of 26.76, a price-to-earnings-growth ratio of 1.18 and a beta of 1.08.

AECOM (NYSE:ACM) last posted its quarterly earnings results 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 business had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.33 billion. AECOM’s revenue was down 4.6% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 4.180-4.890 EPS. Equities research analysts expect that AECOM will post 5.1 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on ACM shares. KeyCorp reissued an “overweight” rating and issued a $115.00 price target on shares of AECOM in a report on Wednesday, January 7th. Barclays upped their target price on shares of AECOM from $100.00 to $110.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 11th. Bank of America raised their price target on shares of AECOM from $117.00 to $118.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Robert W. Baird set a $125.00 price target on shares of AECOM in a report on Tuesday, February 10th. Finally, Weiss Ratings downgraded AECOM from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 29th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $130.09.

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.