Bank of America Corp DE Has $52.64 Million Position in AECOM $ACM

Key Points

• Bank of America cut its AECOM stake by 51.6% in the first quarter, selling 662,257 shares and retaining 620,589 shares valued at $52.64 million. Institutional investors collectively own 85.41% of the company.
• AECOM reported a fiscal third-quarter adjusted loss of $0.50 per share, despite $3.59 billion in revenue, while a $337 million pretax project charge contributed to the results. Fiscal 2026 adjusted EPS guidance was reduced to $3.95–$4.15, well below the roughly $5.97 analyst consensus.
• The company’s backlog reached a record $27.8 billion, up 13% year over year, and several executives recently bought shares. AECOM also maintains a quarterly dividend of $0.31 per share, representing a 1.8% annualized yield.

Bank of America Corp DE lessened its holdings in shares of AECOM (NYSE:ACM - Free Report) by 51.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 620,589 shares of the construction company's stock after selling 662,257 shares during the quarter. Bank of America Corp DE owned 0.48% of AECOM worth $52,638,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Edgestream Partners L.P. bought a new stake in AECOM during the 1st quarter worth approximately $975,000. Oddo BHF Asset Management Sas lifted its holdings in shares of AECOM by 27.4% in the first quarter. Oddo BHF Asset Management Sas now owns 9,489 shares of the construction company's stock valued at $805,000 after purchasing an additional 2,039 shares in the last quarter. South Dakota Investment Council boosted its position in shares of AECOM by 101.8% during the first quarter. South Dakota Investment Council now owns 32,311 shares of the construction company's stock valued at $2,741,000 after buying an additional 16,300 shares during the last quarter. Amundi boosted its position in shares of AECOM by 16.2% during the first quarter. Amundi now owns 1,226,006 shares of the construction company's stock valued at $103,959,000 after buying an additional 170,926 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in AECOM by 355.7% during the first quarter. EverSource Wealth Advisors LLC now owns 1,048 shares of the construction company's stock worth $89,000 after buying an additional 818 shares in the last quarter. 85.41% of the stock is owned by institutional investors.

AECOM Stock Down 8.5%

ACM stock opened at $67.09 on Wednesday. The stock has a market cap of $8.62 billion, a P/E ratio of 30.78, a P/E/G ratio of 0.89 and a beta of 0.93. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.07. The stock's fifty day simple moving average is $70.25 and its two-hundred day simple moving average is $81.03. AECOM has a 1-year low of $63.67 and a 1-year high of $135.52.

AECOM (NYSE:ACM - Get Free Report) last announced its earnings results 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 business had revenue of $3.59 billion for the quarter, compared to analysts' expectations of $2.01 billion. AECOM had a net margin of 1.87% and a return on equity of 19.45%. The company's revenue for the quarter was down 14.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.34 earnings per share. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. Analysts expect that AECOM will post 5.97 EPS for the current year.

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Wednesday, July 1st were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Wednesday, July 1st. AECOM's dividend payout ratio (DPR) is 32.38%.

Key Headlines Impacting AECOM

Here are the key news stories impacting AECOM this week:

• Positive Sentiment: AECOM reported record backlog of approximately $27.8 billion, up 13% year over year, after $4.2 billion in wins and a 1.6 book-to-burn ratio. The company also generated $95 million of operating cash flow and $55 million of free cash flow during the quarter. AECOM reports third quarter fiscal 2026 results
• Positive Sentiment: Recent insider activity showed purchases by Chief Executive Officer Troy Rudd, President Lara Poloni and CFO Gaurav Kapoor, which may signal management confidence following the selloff.
• Neutral Sentiment: KeyCorp trimmed its FY2027 EPS estimate modestly to $6.95 from $7.00 but maintained an Overweight rating and a $101 price target. Benzinga
• Negative Sentiment: AECOM reported a fiscal Q3 adjusted loss of $0.50 per share, versus analyst expectations for roughly $1.46–$1.49 of earnings. Revenue of $3.59 billion was down 14.2% year over year, despite exceeding the provided revenue estimate. AECOM Reports Q3 Loss, Lags Revenue Estimates
• Negative Sentiment: The quarter included a $337 million pretax charge tied to a Construction Management project, producing a GAAP diluted loss of $0.65 per share versus $1.34 of EPS a year earlier. Management also cited lower net service revenue growth expectations.
• Negative Sentiment: Fiscal 2026 adjusted EPS guidance was reduced to $3.95–$4.15, well below the roughly $5.97 consensus estimate. Robert W. Baird consequently lowered its price target to $73 from $87 and assigned a neutral rating. The Fly
• Negative Sentiment: A law firm announced a securities-fraud investigation concerning AECOM, citing potential federal securities-law violations related to prior financial disclosures. The announcement is an allegation, not a finding of wrongdoing, but adds legal and reputational risk. Securities Fraud Investigation Into AECOM Announced

Insider Buying and Selling

In related news, President Lara Poloni acquired 4,224 shares of the stock in a transaction on Tuesday, June 16th. The shares were acquired at an average price of $70.63 per share, with a total value of $298,341.12. Following the completion of the transaction, the president owned 153,446 shares in the company, valued at approximately $10,837,890.98. The trade was a 2.83% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Gaurav Kapoor bought 1,420 shares of AECOM stock in a transaction dated Thursday, May 14th. The shares were bought at an average cost of $71.12 per share, with a total value of $100,990.40. Following the completion of the transaction, the chief financial officer directly owned 88,053 shares in the company, valued at approximately $6,262,329.36. This trade represents a 1.64% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders purchased 9,869 shares of company stock worth $699,391. Insiders own 0.46% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Truist Financial lowered their price target on AECOM from $109.00 to $102.00 and set a "buy" rating for the company in a research report on Thursday, July 2nd. KeyCorp reduced their target price on shares of AECOM from $115.00 to $101.00 and set an "overweight" rating for the company in a research note on Wednesday, May 13th. Royal Bank Of Canada lowered their target price on shares of AECOM from $111.00 to $105.00 and set an "outperform" rating for the company in a report on Wednesday, July 22nd. Wall Street Zen lowered shares of AECOM from a "buy" rating to a "hold" rating in a research report on Monday, July 6th. Finally, Robert W. Baird cut their price target on shares of AECOM from $87.00 to $73.00 and set a "neutral" rating on the stock in a report on Tuesday. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $113.18.

AECOM Company 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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source