AECOM (NYSE:ACM) Given Consensus Recommendation of “Buy” by Brokerages

AECOM (NYSE:ACM) has received a consensus recommendation of “Buy” from the nine research firms that are covering the firm, Marketbeat reports. Nine investment analysts have rated the stock with a buy rating. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $128.4444.

A number of brokerages recently weighed in on ACM. UBS Group lifted their price objective on shares of AECOM from $126.00 to $139.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Wall Street Zen cut shares of AECOM from a “buy” rating to a “hold” rating in a report on Saturday, September 6th. Barclays boosted their price target on shares of AECOM from $120.00 to $130.00 and gave the stock an “overweight” rating in a report on Tuesday, August 12th. Bank of America boosted their price target on shares of AECOM from $112.50 to $124.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Finally, KeyCorp boosted their price target on shares of AECOM from $129.00 to $131.00 and gave the stock an “overweight” rating in a report on Wednesday, August 6th.

Insider Buying and Selling

In other AECOM news, CEO Troy Rudd sold 53,097 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The shares were 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 accessible through the SEC website. 0.41% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Archer Investment Corp raised its stake in shares of AECOM by 9.3% during the second quarter. Archer Investment Corp now owns 1,175 shares of the construction company’s stock valued at $133,000 after purchasing an additional 100 shares in the last quarter. Cordatus Wealth Management LLC raised its stake in shares of AECOM by 3.7% during the first quarter. Cordatus Wealth Management LLC now owns 2,867 shares of the construction company’s stock valued at $266,000 after purchasing an additional 101 shares in the last quarter. Pallas Capital Advisors LLC raised its stake in shares of AECOM by 2.1% during the second quarter. Pallas Capital Advisors LLC now owns 5,214 shares of the construction company’s stock valued at $588,000 after purchasing an additional 107 shares in the last quarter. Allworth Financial LP raised its stake in shares of AECOM by 38.5% during the second quarter. Allworth Financial LP now owns 392 shares of the construction company’s stock valued at $44,000 after purchasing an additional 109 shares in the last quarter. Finally, Private Trust Co. NA raised its stake in shares of AECOM by 37.2% during the first quarter. Private Trust Co. NA now owns 413 shares of the construction company’s stock valued at $38,000 after purchasing an additional 112 shares in the last quarter. Institutional investors and hedge funds own 85.41% of the company’s stock.

AECOM Trading Up 0.9%

Shares of ACM stock opened at $127.77 on Tuesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.17 and a current ratio of 1.17. The stock has a market capitalization of $16.92 billion, a P/E ratio of 27.84, a price-to-earnings-growth ratio of 1.88 and a beta of 0.99. The company has a 50 day moving average price of $119.28 and a 200 day moving average price of $108.15. AECOM has a fifty-two week low of $85.00 and a fifty-two week high of $128.70.

AECOM (NYSE:ACM) last announced its quarterly earnings data on Monday, August 4th. The construction company reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.25 by $0.09. The firm had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $4.33 billion. AECOM had a net margin of 3.82% and a return on equity of 27.87%. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.16 earnings per share. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. Equities research analysts predict that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Wednesday, October 1st will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.8%. The ex-dividend date is Wednesday, October 1st. AECOM’s payout ratio is 22.66%.

AECOM Company Profile

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.