Amundi Grows Position in AECOM $ACM

Key Points

• Amundi increased its AECOM stake by 7% in the second quarter, purchasing 86,227 additional shares to own 1.31 million shares valued at approximately $91.7 million. Institutional investors and hedge funds collectively own 85.41% of the company.
• AECOM shares opened at $63.96, down 3.1%, after the company reported a quarterly EPS loss of $0.50, missing the $1.46 consensus estimate. Revenue totaled $3.59 billion but declined 14.2% year over year.
• Analysts have lowered price targets, but the stock retains a “Moderate Buy” consensus rating with an average target of $88.25, well above its recent trading price.

Amundi lifted its holdings in AECOM (NYSE:ACM - Free Report) by 7.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,312,233 shares of the construction company's stock after buying an additional 86,227 shares during the period. Amundi owned approximately 1.02% of AECOM worth $91,675,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ACM. BlackRock Inc. acquired a new position in AECOM during the second quarter worth $1,003,699,000. California State Teachers Retirement System increased its stake in shares of AECOM by 4,236.1% in the 2nd quarter. California State Teachers Retirement System now owns 10,450,037 shares of the construction company's stock worth $729,413,000 after acquiring an additional 10,209,036 shares during the last quarter. Primecap Management Co. CA purchased a new position in shares of AECOM during the 2nd quarter worth $613,336,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of AECOM during the 2nd quarter worth $383,701,000. Finally, Orion Porfolio Solutions LLC grew its holdings in shares of AECOM by 28,246.5% in the second 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 during the period. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Stock Down 3.1%

Shares of NYSE ACM opened at $63.96 on Thursday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.11. AECOM has a 52 week low of $60.35 and a 52 week high of $135.52. The firm has a 50-day moving average price of $68.19 and a 200 day moving average price of $76.40. The stock has a market capitalization of $8.23 billion, a price-to-earnings ratio of 29.34, a price-to-earnings-growth ratio of 1.77 and a beta of 0.91.

AECOM (NYSE:ACM - Get Free Report) last issued 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). AECOM had a return on equity of 19.72% and a net margin of 1.87%.The firm had revenue of $3.59 billion for the quarter, compared to analyst estimates of $2.01 billion. During the same period in the prior year, the firm posted $1.34 earnings per share. The business's revenue for the quarter was down 14.2% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. Equities research analysts anticipate that AECOM will post 3.98 EPS for the current fiscal year.

Insider Activity at AECOM

In related news, President Lara Poloni bought 4,224 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was purchased at an average cost of $70.63 per share, for a total transaction of $298,341.12. Following the completion of the acquisition, the president owned 153,446 shares in the company, valued at $10,837,890.98. This trade represents a 2.83% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.46% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts have recently commented on the stock. KeyCorp reduced their price target on shares of AECOM from $101.00 to $79.00 and set an "overweight" rating on the stock in a research report on Wednesday, August 12th. Robert W. Baird reduced their price target on shares of AECOM from $73.00 to $65.00 and set a "neutral" rating on the stock in a research report on Friday, August 14th. Weiss Ratings lowered AECOM from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, August 12th. Royal Bank Of Canada lowered their price target on shares of AECOM from $105.00 to $90.00 and set an "outperform" rating for the company in a report on Thursday, August 13th. Finally, Truist Financial reaffirmed a "buy" rating and set a $85.00 price objective (down from $102.00) on shares of AECOM in a research report on Wednesday, August 12th. Nine equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, AECOM has a consensus rating of "Moderate Buy" and an average price target of $88.25.

About AECOM

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.

Want to see what other hedge funds are holding ACM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AECOM (NYSE:ACM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.