AECOM $ACM Shares Sold by Hsbc Holdings PLC

Key Points

• Hsbc Holdings PLC reduced its AECOM stake by 16.3% in the second quarter, selling 110,909 shares and retaining 567,740 shares valued at approximately $39.3 million. Institutional investors and hedge funds collectively own 85.41% of AECOM.
• AECOM shares opened at $66.57, near the lower end of their 52-week range of $60.35 to $135.52. The company reported a quarterly EPS loss of $0.50, missing the $1.46 consensus estimate, while revenue fell 14.2% year over year to $3.59 billion.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $88.25, despite several recent target reductions. President Lara Poloni also purchased 4,224 shares, increasing her ownership by 2.83%.

Hsbc Holdings PLC lowered its stake in shares of AECOM (NYSE:ACM - Free Report) by 16.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 567,740 shares of the construction company's stock after selling 110,909 shares during the period. Hsbc Holdings PLC owned about 0.44% of AECOM worth $39,293,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of AECOM during the 2nd quarter valued at approximately $1,003,699,000. Primecap Management Co. CA acquired a new stake in shares of AECOM in the 2nd quarter worth approximately $613,336,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of AECOM in the 2nd quarter worth approximately $383,701,000. Orion Porfolio Solutions LLC increased 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 purchasing an additional 5,316,844 shares in the last quarter. Finally, Norges Bank purchased a new position in AECOM in the 4th quarter valued at approximately $205,499,000. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Price Performance

ACM stock opened at $66.57 on Tuesday. AECOM has a 52-week low of $60.35 and a 52-week high of $135.52. The stock's fifty day simple moving average is $68.32 and its 200-day simple moving average is $76.83. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $8.57 billion, a price-to-earnings ratio of 30.54, a price-to-earnings-growth ratio of 1.79 and a beta of 0.91.

AECOM (NYSE:ACM - Get Free Report) 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 business had revenue of $3.59 billion during the quarter, compared to analysts' expectations 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 period in the prior year, the firm earned $1.34 EPS. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. Equities research analysts expect that AECOM will post 3.98 EPS for the current year.

Insider Transactions at AECOM

In other AECOM news, President Lara Poloni purchased 4,224 shares of the stock in a transaction on Tuesday, June 16th. The stock was bought at an average price of $70.63 per share, for a total transaction of $298,341.12. Following the acquisition, the president directly owned 153,446 shares of the company's stock, valued at $10,837,890.98. This represents a 2.83% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.46% of the company's stock.

Analyst Upgrades and Downgrades

ACM has been the subject of several research reports. Piper Sandler set a $79.00 price objective on AECOM in a report on Wednesday, August 12th. KeyCorp lowered their target price on AECOM from $101.00 to $79.00 and set an "overweight" rating on the stock in a report on Wednesday, August 12th. Barclays dropped their price target on AECOM from $90.00 to $73.00 and set an "equal weight" rating for the company in a research report on Wednesday, August 12th. The Goldman Sachs Group set a $91.00 price target on AECOM in a research note on Wednesday, August 12th. Finally, Zacks Research lowered shares of AECOM from a "hold" rating to a "strong sell" rating in a research report on Monday, August 10th. Nine analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, AECOM has a consensus rating of "Moderate Buy" and an average target price of $88.25.

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.

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