AECOM (NYSE:ACM) Stock Gets Price Target Reduction from KeyCorp

AECOM (NYSE:ACM) had its price target lowered by equities researchers at KeyCorp from $79.00 to $78.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the construction company’s stock. KeyCorp’s price target would indicate a potential upside of 33.63% from the company’s previous close.

ACM has been the subject of a number of other reports. Piper Sandler set a $79.00 target price on AECOM in a research note on Wednesday, August 12th. Bank of America reduced their price target on AECOM from $94.50 to $81.00 and set a “buy” rating for the company in a report on Wednesday, August 12th. UBS Group decreased their price target on AECOM from $106.00 to $103.00 and set a “buy” rating on the stock in a research note on Thursday, October 8th. Barclays dropped their price objective on AECOM from $90.00 to $73.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 12th. Finally, The Goldman Sachs Group set a $91.00 price objective on AECOM in a report on Wednesday, August 12th. Eight analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $83.18.

AECOM Trading Down 1.7%

Shares of AECOM stock opened at $58.37 on Thursday. The firm has a market cap of $7.51 billion, a price-to-earnings ratio of 15.88, a price-to-earnings-growth ratio of 1.06 and a beta of 0.93. AECOM has a 52-week low of $56.39 and a 52-week high of $135.52. The company’s 50-day simple moving average is $63.55 and its 200-day simple moving average is $70.80. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.11.

AECOM (NYSE:ACM) last announced its quarterly earnings data on Monday, August 10th. The construction company reported ($0.50) EPS for the quarter, missing analysts’ consensus estimates of $1.46 by ($1.96). The firm had revenue of $3.59 billion during the quarter, compared to analyst estimates of $2.01 billion. AECOM had a net margin of 1.87% and a return on equity of 19.72%. AECOM’s revenue for the quarter was down 14.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.34 EPS. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. As a group, equities research analysts anticipate that AECOM will post 3.98 earnings per share for the current year.

Institutional Trading of AECOM

A number of institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd increased its holdings in 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 buying an additional 144 shares in the last quarter. Inceptionr LLC lifted its position in shares of AECOM by 0.8% during the 1st quarter. Inceptionr LLC now owns 19,252 shares of the construction company’s stock valued at $1,627,000 after acquiring an additional 156 shares during the period. Allworth Financial LP boosted its stake in shares of AECOM by 9.8% during the 2nd quarter. Allworth Financial LP now owns 2,078 shares of the construction company’s stock worth $145,000 after acquiring an additional 186 shares in the last quarter. Corient Private Wealth LLC boosted its stake in shares of AECOM by 3.6% during the 4th quarter. Corient Private Wealth LLC now owns 6,562 shares of the construction company’s stock worth $626,000 after acquiring an additional 230 shares in the last quarter. Finally, Burney Co. boosted its stake in shares of AECOM by 3.7% during the 1st quarter. Burney Co. now owns 7,492 shares of the construction company’s stock worth $636,000 after acquiring an additional 265 shares in the last quarter. Hedge funds and other institutional investors own 85.41% of the company’s stock.

About AECOM

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.