Engineers Gate Manager LP Has $9.03 Million Position in AECOM $ACM

Key Points

• Engineers Gate Manager LP increased its AECOM stake by 18.2% in the second quarter, holding 129,355 shares worth approximately $9.03 million. Institutional investors collectively own 85.41% of the stock.
• Analysts maintain a generally positive outlook, with AECOM receiving a consensus “Moderate Buy” rating and an average price target of $88.25, despite several recent target-price reductions and one downgrade to “Sell.”
• AECOM’s latest quarter showed a significant EPS miss at $0.50 loss versus the expected $1.46 profit, while revenue reached $3.59 billion but declined 14.2% year over year. Shares opened at $62.90, near the company’s 12-month low.

Engineers Gate Manager LP grew its stake in AECOM (NYSE:ACM - Free Report) by 18.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 129,355 shares of the construction company's stock after buying an additional 19,883 shares during the period. Engineers Gate Manager LP owned 0.10% of AECOM worth $9,029,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in ACM. Towarzystwo Funduszy Inwestycyjnych PZU SA increased its position in AECOM by 86.7% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 280 shares of the construction company's stock valued at $27,000 after purchasing an additional 130 shares during the period. Caitong International Asset Management Co. Ltd lifted its holdings in AECOM by 95.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company's stock valued at $28,000 after buying an additional 144 shares during the period. EverSource Wealth Advisors LLC boosted its position in AECOM by 189.3% during the second quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company's stock valued at $34,000 after acquiring an additional 195 shares during the last quarter. Western Wealth Management LLC acquired a new stake in AECOM during the 1st quarter worth about $36,000. Finally, Compass Financial Management LLC bought a new position in shares of AECOM in the 2nd quarter worth about $36,000. 85.41% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ACM. UBS Group set a $85.00 price objective on shares of AECOM in a research note on Wednesday, August 12th. Bank of America decreased their price target on shares of AECOM from $94.50 to $81.00 and set a "buy" rating for the company in a research note on Wednesday, August 12th. Argus dropped their price objective on shares of AECOM from $85.00 to $75.00 and set a "buy" rating on the stock in a report on Tuesday, August 25th. Citigroup cut their price objective on shares of AECOM from $97.00 to $84.00 and set a "buy" rating on the stock 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 research note on Wednesday, August 12th. Nine investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $88.25.

AECOM Price Performance

Shares of ACM opened at $62.90 on Friday. The business's fifty day moving average is $68.09 and its 200 day moving average is $76.15. AECOM has a 12-month low of $60.35 and a 12-month high of $135.52. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.11. The stock has a market cap of $8.09 billion, a P/E ratio of 28.85, a P/E/G ratio of 1.72 and a beta of 0.91.

AECOM (NYSE:ACM - Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The construction company reported ($0.50) EPS for the quarter, missing analysts' consensus estimates of $1.46 by ($1.96). AECOM had a net margin of 1.87% and a return on equity of 19.72%. The business had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter last year, the firm posted $1.34 EPS. 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. Sell-side analysts anticipate that AECOM will post 3.98 earnings per share for the current fiscal year.

Insider Activity at AECOM

In other AECOM news, President Lara Poloni bought 4,224 shares of the firm's stock in a transaction dated Tuesday, June 16th. The stock was bought at an average cost of $70.63 per share, with a total value of $298,341.12. Following the completion of the transaction, the president directly 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 document filed with the SEC, which can be accessed through this link. 0.46% of the stock is currently owned by insiders.

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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