AECOM (NYSE:ACM) Lowered to Hold Rating by Wall Street Zen

AECOM (NYSE:ACM) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Other research analysts also recently issued reports about the stock. UBS Group upped their target price on shares of AECOM from $126.00 to $139.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. KeyCorp upped their price target on AECOM from $129.00 to $131.00 and gave the company an “overweight” rating in a research note on Wednesday, August 6th. Bank of America upped their price target on AECOM from $112.50 to $124.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Citigroup reaffirmed a “buy” rating and issued a $137.00 price target (up from $122.00) on shares of AECOM in a research note on Monday, July 28th. Finally, Barclays upped their price target on AECOM from $120.00 to $130.00 and gave the company an “overweight” rating in a research note on Tuesday, August 12th. Nine analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $128.44.

AECOM Stock Up 0.6%

Shares of NYSE ACM opened at $126.69 on Friday. The firm’s 50-day simple moving average is $117.87 and its 200 day simple moving average is $106.85. The company has a market cap of $16.78 billion, a price-to-earnings ratio of 27.60, a price-to-earnings-growth ratio of 1.87 and a beta of 0.99. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.91. AECOM has a 12-month low of $85.00 and a 12-month high of $128.04.

AECOM (NYSE:ACM) last issued its quarterly earnings results on Monday, August 4th. The construction company reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.09. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $4.33 billion. AECOM had a net margin of 3.82% and a return on equity of 27.87%. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.16 EPS. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. On average, research analysts expect that AECOM will post 5.1 earnings per share for the current fiscal year.

Insider Transactions at AECOM

In related news, CEO Troy Rudd sold 53,097 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $119.56, for a total transaction of $6,348,277.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.41% of the company’s stock.

Institutional Trading of AECOM

A number of large investors have recently bought and sold shares of ACM. TCTC Holdings LLC increased its stake in AECOM by 120.3% during the 1st quarter. TCTC Holdings LLC now owns 304 shares of the construction company’s stock worth $28,000 after purchasing an additional 166 shares in the last quarter. MAI Capital Management bought a new stake in AECOM during the 1st quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd increased its stake in AECOM by 212.9% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 316 shares of the construction company’s stock worth $29,000 after purchasing an additional 215 shares in the last quarter. SVB Wealth LLC bought a new stake in AECOM during the 1st quarter worth approximately $33,000. Finally, EverSource Wealth Advisors LLC increased its stake in AECOM by 189.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock worth $34,000 after purchasing an additional 195 shares in the last quarter. 85.41% of the stock is owned by institutional investors.

About AECOM

AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.