Corient Private Wealth LP Sells 71,290 Shares of AECOM $ACM

Key Points

• Corient Private Wealth LP cut its AECOM position by 88.9% in the second quarter, selling 71,290 shares and retaining 8,913 shares valued at approximately $622,000.
• AECOM shares opened at $58.81, near their 12-month low of $58.08, after the company reported a quarterly loss of $0.50 per share—well below the $1.46 consensus estimate—and a 14.2% year-over-year revenue decline.
• Despite mixed results, analysts maintain a “Moderate Buy” consensus with an average price target of $88.25. AECOM also declared a quarterly dividend of $0.31 per share, representing a 2.1% yield.

Corient Private Wealth LP decreased its holdings in AECOM (NYSE:ACM - Free Report) by 88.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,913 shares of the construction company's stock after selling 71,290 shares during the quarter. Corient Private Wealth LP's holdings in AECOM were worth $622,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of ACM. Amundi raised its position in shares of AECOM by 7.0% in the 2nd quarter. Amundi now owns 1,312,233 shares of the construction company's stock worth $91,675,000 after buying an additional 86,227 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in AECOM in the second quarter valued at approximately $607,000. Rose Capital Advisors LLC purchased a new position in AECOM in the second quarter valued at approximately $611,000. Compass Financial Management LLC acquired a new position in AECOM during the second quarter valued at approximately $36,000. Finally, AlphaGrep UK Ltd acquired a new position in AECOM during the second quarter valued at approximately $615,000. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

AECOM Trading Down 1.0%

NYSE ACM opened at $58.81 on Wednesday. The company has a market capitalization of $7.57 billion, a price-to-earnings ratio of 26.98, a price-to-earnings-growth ratio of 1.60 and a beta of 0.91. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.06 and a quick ratio of 1.06. AECOM has a 12 month low of $58.08 and a 12 month high of $135.52. The company's fifty day moving average price is $66.40 and its two-hundred day moving average price is $73.13.

AECOM (NYSE:ACM - Get Free Report) last released its earnings results on Monday, August 10th. The construction company reported ($0.50) earnings per share 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 during the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the previous year, the firm posted $1.34 EPS. AECOM's revenue for the quarter was down 14.2% on a year-over-year basis. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. As a group, research analysts predict that AECOM will post 3.98 earnings per share for the current fiscal year.

AECOM Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, October 14th will be given a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, October 14th. AECOM's dividend payout ratio is currently 56.88%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. The Goldman Sachs Group set a $91.00 target price on shares of AECOM in a research note on Wednesday, August 12th. Royal Bank Of Canada cut their price objective on AECOM from $105.00 to $90.00 and set an "outperform" rating on the stock in a research report on Thursday, August 13th. Truist Financial restated a "buy" rating and set a $85.00 price objective (down from $102.00) on shares of AECOM in a research note on Wednesday, August 12th. UBS Group set a $85.00 target price on AECOM in a research report on Wednesday, August 12th. Finally, Weiss Ratings downgraded AECOM from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, August 12th. Nine investment analysts have rated the stock with a Buy rating, two have given 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 target price of $88.25.

AECOM Profile

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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