Bank of America Corp DE Buys Shares of 742,285 AECOM $ACM

Key Points

• Bank of America bought 742,285 AECOM shares worth approximately $51.8 million, acquiring a 0.58% stake. Institutional investors and hedge funds collectively own 85.41% of the company.
• AECOM reported a quarterly loss of $0.50 per share, missing estimates by $1.96, while revenue fell 14.2% year over year to $3.59 billion. The company maintained fiscal 2026 EPS guidance of $3.95–$4.15.
• AECOM declared a quarterly dividend of $0.31 per share, equivalent to an annualized $1.24 payout and a 2.0% yield. Analysts retain a consensus “Moderate Buy” rating with an average price target of $88.25.

Bank of America Corp DE purchased a new position in shares of AECOM (NYSE:ACM - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 742,285 shares of the construction company's stock, valued at approximately $51,811,000. Bank of America Corp DE owned approximately 0.58% of AECOM at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of AECOM in the second quarter valued at approximately $1,003,699,000. Primecap Management Co. CA acquired a new stake in shares of AECOM in the second quarter valued at $613,336,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in shares of AECOM in the second quarter valued at $383,701,000. Geode Capital Management LLC boosted its stake in AECOM by 1.1% during the fourth quarter. Geode Capital Management LLC now owns 2,444,275 shares of the construction company's stock valued at $232,359,000 after buying an additional 25,929 shares in the last quarter. Finally, Norges Bank bought a new position in AECOM during the fourth quarter valued at about $205,499,000. 85.41% of the stock is owned by institutional investors and hedge funds.

AECOM Price Performance

Shares of ACM opened at $62.02 on Monday. The business's 50-day moving average is $67.52 and its 200-day moving average is $74.77. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $7.98 billion, a price-to-earnings ratio of 28.45, a P/E/G ratio of 1.66 and a beta of 0.91. AECOM has a fifty-two week low of $60.35 and a fifty-two week high of $135.52.

AECOM (NYSE:ACM - Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The construction company reported ($0.50) 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 company had revenue of $3.59 billion for the quarter, compared to analyst estimates of $2.01 billion. During the same quarter in the prior year, the business 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 expect that AECOM will post 3.98 EPS for the current fiscal year.

AECOM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, October 14th will be paid a dividend of $0.31 per share. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.0%. AECOM's dividend payout ratio (DPR) is 56.88%.

Analyst Ratings Changes

Several equities research analysts have commented on ACM shares. Piper Sandler set a $79.00 price target on shares of AECOM in a research report on Wednesday, August 12th. Citigroup reduced their price objective on shares of AECOM from $97.00 to $84.00 and set a "buy" rating for the company in a research report on Wednesday, August 12th. Robert W. Baird dropped their target price on shares of AECOM from $73.00 to $65.00 and set a "neutral" rating on the stock in a report on Friday, August 14th. Wall Street Zen cut shares of AECOM from a "buy" rating to a "hold" rating in a report on Monday, July 6th. Finally, Argus decreased their price target on shares of AECOM from $85.00 to $75.00 and set a "buy" rating on the stock in a research report on Tuesday, August 25th. Nine 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. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price 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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