Bank of New York Mellon Corp Sells 21,348 Shares of AECOM $ACM

Bank of New York Mellon Corp cut its stake in AECOM (NYSE:ACM) by 1.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,267,590 shares of the construction company’s stock after selling 21,348 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.96% of AECOM worth $165,382,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of ACM. Orion Porfolio Solutions LLC grew its stake in AECOM by 28,246.5% in 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 buying an additional 5,316,844 shares during the last quarter. Invesco Ltd. grew its position in shares of AECOM by 79.1% in the second quarter. Invesco Ltd. now owns 4,361,755 shares of the construction company’s stock valued at $492,268,000 after purchasing an additional 1,926,466 shares during the last quarter. Norges Bank bought a new position in shares of AECOM during the second quarter worth approximately $200,879,000. International Assets Investment Management LLC bought a new position in shares of AECOM during the second quarter worth approximately $414,000. Finally, Hennessy Advisors Inc. acquired a new stake in AECOM during the 3rd quarter worth approximately $43,473,000. Institutional investors and hedge funds own 85.41% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on ACM. KeyCorp reiterated an “overweight” rating and set a $115.00 price objective on shares of AECOM in a research report on Wednesday, January 7th. Argus lowered their price target on shares of AECOM from $155.00 to $135.00 and set a “buy” rating on the stock in a research report on Thursday, November 20th. UBS Group dropped their price objective on shares of AECOM from $148.00 to $143.00 and set a “buy” rating for the company in a research note on Wednesday, January 21st. Wall Street Zen lowered shares of AECOM from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Finally, Citigroup lowered their target price on shares of AECOM from $152.00 to $131.00 and set a “buy” rating on the stock in a report on Monday, January 26th. Nine equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, AECOM has an average rating of “Moderate Buy” and an average target price of $130.36.

AECOM Price Performance

ACM stock opened at $96.35 on Friday. The company’s 50-day moving average price is $99.00 and its two-hundred day moving average price is $115.96. The firm has a market cap of $12.46 billion, a P/E ratio of 22.89, a P/E/G ratio of 1.26 and a beta of 1.08. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.98. AECOM has a 12 month low of $85.00 and a 12 month high of $135.52.

AECOM (NYSE:ACM) last posted its quarterly earnings results on Tuesday, November 18th. The construction company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.02. The business had revenue of $4.18 billion for the quarter, compared to analyst estimates of $4.31 billion. AECOM had a net margin of 3.48% and a return on equity of 27.35%. The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter last year, the business posted $1.27 EPS. AECOM has set its FY 2026 guidance at 5.650-5.850 EPS. On average, analysts anticipate that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 23rd. Stockholders of record on Wednesday, January 7th were issued a dividend of $0.31 per share. This is an increase from AECOM’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Wednesday, January 7th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.3%. AECOM’s payout ratio is presently 29.45%.

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.