California State Teachers Retirement System Has $10.45 Million Stake in AECOM $ACM

Key Points

• CalSTRS cut its AECOM position by 37.9% in the second quarter, selling 91,287 shares and retaining 149,714 shares worth approximately $10.45 million. Institutional investors collectively own 85.41% of the company.
• AECOM shares were trading at $65.11, near the lower end of their 12-month range, after the company reported a quarterly EPS loss of $0.50 that missed estimates, while revenue declined 14.2% year over year.
• Despite mixed results and varied analyst opinions, AECOM has a consensus “Moderate Buy” rating and an average price target of $88.25, substantially above its reported trading price.

California State Teachers Retirement System lowered its position in AECOM (NYSE:ACM - Free Report) by 37.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 149,714 shares of the construction company's stock after selling 91,287 shares during the period. California State Teachers Retirement System owned about 0.12% of AECOM worth $10,450,037 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Rose Capital Advisors LLC bought a new position in shares of AECOM in the second quarter worth approximately $611,000. Compass Financial Management LLC acquired a new position in AECOM during the 2nd quarter worth $36,000. AlphaGrep UK Ltd acquired a new position in AECOM in the second quarter valued at $615,000. Nykredit A S acquired a new stake in shares of AECOM in the second quarter valued at approximately $399,000. Finally, BTG Pactual Asset Management US LLC purchased a new stake in shares of AECOM during the 2nd quarter worth about $328,000. Institutional investors own 85.41% of the company's stock.

AECOM Price Performance

AECOM stock traded up $0.51 on Tuesday, reaching $65.11. The company's stock had a trading volume of 512,754 shares, compared to its average volume of 1,778,966. The business's fifty day moving average price is $67.91 and its 200 day moving average price is $75.73. AECOM has a twelve month low of $60.35 and a twelve month high of $135.52. The company has a market cap of $8.38 billion, a price-to-earnings ratio of 29.89, a PEG ratio of 1.71 and a beta of 0.91. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.06 and a current ratio of 1.06.

AECOM (NYSE:ACM - Get Free Report) last released its quarterly earnings data on Monday, August 10th. The construction company reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate 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%. The business's quarterly revenue was down 14.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.34 EPS. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. Equities analysts expect that AECOM will post 3.98 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. UBS Group set a $85.00 price target on AECOM in a report on Wednesday, August 12th. Bank of America lowered their price objective on shares of AECOM from $94.50 to $81.00 and set a "buy" rating for the company in a research note on Wednesday, August 12th. Zacks Research lowered shares of AECOM from a "hold" rating to a "strong sell" rating in a research report on Monday, August 10th. Piper Sandler set a $79.00 target price on AECOM in a report on Wednesday, August 12th. Finally, The Goldman Sachs Group set a $91.00 price objective on shares of AECOM in a research note on Wednesday, August 12th. Nine investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, AECOM currently has a consensus rating of "Moderate Buy" and a consensus price target of $88.25.

About AECOM

AECOM NYSE: ACM is a global infrastructure consulting firm that provides professional services across the project life cycle. The company supports public- and private-sector clients with planning, design, engineering, program and construction management, and operations services.

Its work spans transportation, water, environmental services, energy, buildings and places, and government infrastructure. AECOM serves clients including transportation agencies, governments, utilities, commercial organizations, and other institutions, helping them develop and maintain complex infrastructure and facilities.

AECOM operates internationally, with projects and operations across the Americas, Europe, the Middle East, India, and the Asia-Pacific region.

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