Bank of Nova Scotia Takes $22.71 Million Position in AECOM $ACM

Key Points

• Bank of Nova Scotia acquired 325,300 AECOM shares worth approximately $22.71 million during the second quarter, representing about 0.25% of the company. Institutional investors collectively own 85.41% of AECOM.
• Analyst views remain mixed: Weiss Ratings and Zacks Research downgraded the stock, while nine analysts maintain Buy ratings. Despite some reduced price targets, AECOM has a consensus rating of “Moderate Buy” and an average target price of $94.58.
• AECOM shares opened at $64.88, near the lower end of their 52-week range, after the company reported a quarterly EPS loss of $0.50 and a 14.2% year-over-year revenue decline. The company continues to pay a quarterly dividend of $0.31 per share, yielding approximately 1.9%.

Bank of Nova Scotia bought a new position in shares of AECOM (NYSE:ACM - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 325,300 shares of the construction company's stock, valued at approximately $22,706,000. Bank of Nova Scotia owned approximately 0.25% of AECOM as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its holdings in shares of AECOM by 86.7% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 280 shares of the construction company's stock valued at $27,000 after buying an additional 130 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its stake in AECOM by 95.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company's stock worth $28,000 after acquiring an additional 144 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in AECOM by 189.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company's stock worth $34,000 after acquiring an additional 195 shares in the last quarter. Intesa Sanpaolo Wealth Management purchased a new stake in AECOM in the fourth quarter valued at $38,000. Finally, Western Wealth Management LLC purchased a new stake in AECOM in the first quarter valued at $36,000. Hedge funds and other institutional investors own 85.41% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on ACM shares. Weiss Ratings lowered AECOM from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, August 12th. Zacks Research downgraded AECOM from a "hold" rating to a "strong sell" rating in a report on Monday, August 10th. UBS Group set a $85.00 target price on AECOM in a research report on Wednesday, August 12th. Robert W. Baird dropped their price target on AECOM from $73.00 to $65.00 and set a "neutral" rating on the stock in a research note on Friday, August 14th. Finally, Piper Sandler set a $79.00 price target on AECOM in a research note on Wednesday, August 12th. Nine investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $94.58.

AECOM Price Performance

Shares of NYSE:ACM opened at $64.88 on Monday. AECOM has a one year low of $60.35 and a one year high of $135.52. The stock has a market capitalization of $8.35 billion, a price-to-earnings ratio of 29.76, a PEG ratio of 4.37 and a beta of 0.93. The company has a 50-day simple moving average of $69.06 and a 200-day simple moving average of $79.13. 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 results on Monday, August 10th. The construction company reported ($0.50) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.46 by ($1.96). The company had revenue of $3.59 billion for the quarter, compared to analysts' expectations of $2.01 billion. AECOM had a return on equity of 19.72% and a net margin of 1.87%.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 business earned $1.34 EPS. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. On average, analysts predict that AECOM will post 3.98 EPS for the current year.

AECOM Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Wednesday, July 1st. AECOM's dividend payout ratio is 56.88%.

Insider Buying and Selling at AECOM

In related news, President Lara Poloni purchased 4,224 shares of the firm's stock in a transaction that occurred on Tuesday, June 16th. The stock was purchased at an average cost of $70.63 per share, with a total value of $298,341.12. Following the completion of the acquisition, the president directly 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 acquisition was disclosed in a filing with the SEC, which is accessible through this link. 0.46% of the stock is currently owned by corporate insiders.

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.

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