Perigon Wealth Management LLC Invests $3.39 Million in AECOM $ACM

Key Points

• Perigon Wealth Management acquired 48,622 AECOM shares worth approximately $3.39 million, while institutional investors collectively own 85.41% of the company. AECOM President Lara Poloni also purchased 4,224 shares.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $94.58 price target, although several firms recently lowered their targets and one downgraded the stock to “sell.”
• AECOM shares opened at $62.18, near their 52-week low, after the company reported a quarterly EPS loss of $0.50 versus expectations of $1.46 and a 14.2% year-over-year revenue decline. The company continues to pay a quarterly dividend of $0.31 per share, yielding about 2% annually.

Perigon Wealth Management LLC acquired a new position in AECOM (NYSE:ACM - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 48,622 shares of the construction company's stock, valued at approximately $3,394,000.

Other hedge funds have also bought and sold shares of the company. Orion Porfolio Solutions LLC lifted its holdings in shares of AECOM by 28,246.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 5,335,667 shares of the construction company's stock valued at $602,183,000 after buying an additional 5,316,844 shares during the period. State Street Corp grew its stake in shares of AECOM by 2.6% during the 3rd quarter. State Street Corp now owns 5,107,636 shares of the construction company's stock valued at $666,393,000 after purchasing an additional 127,036 shares during the period. Invesco Ltd. increased its position in shares of AECOM by 14.2% during the 3rd quarter. Invesco Ltd. now owns 4,979,960 shares of the construction company's stock valued at $649,735,000 after purchasing an additional 618,205 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of AECOM by 17.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,773,910 shares of the construction company's stock valued at $264,437,000 after purchasing an additional 407,622 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of AECOM by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 2,444,275 shares of the construction company's stock worth $232,359,000 after purchasing an additional 25,929 shares during the period. Hedge funds and other institutional investors own 85.41% of the company's stock.

Insider Activity

In related news, President Lara Poloni purchased 4,224 shares of the firm's stock in a transaction on Tuesday, June 16th. The stock was acquired at an average price of $70.63 per share, with a total value of $298,341.12. Following the completion of the acquisition, the president owned 153,446 shares in the company, valued at approximately $10,837,890.98. This represents a 2.83% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.46% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on ACM shares. Royal Bank Of Canada dropped their target price on shares of AECOM from $105.00 to $90.00 and set an "outperform" rating for the company in a report on Thursday, August 13th. Truist Financial reiterated a "buy" rating and issued a $85.00 price target (down from $102.00) on shares of AECOM in a report on Wednesday, August 12th. Wall Street Zen lowered AECOM from a "buy" rating to a "hold" rating in a research report on Monday, July 6th. The Goldman Sachs Group set a $91.00 price objective on AECOM in a research note on Wednesday, August 12th. Finally, Weiss Ratings lowered 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. According to MarketBeat.com, AECOM has a consensus rating of "Moderate Buy" and a consensus price target of $94.58.

AECOM Trading Down 1.5%

Shares of NYSE:ACM opened at $62.18 on Tuesday. The business's 50-day moving average is $69.51 and its 200 day moving average is $80.05. 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 1 year low of $60.35 and a 1 year high of $135.52. The firm has a market capitalization of $8.00 billion, a P/E ratio of 28.52, a P/E/G ratio of 4.25 and a beta of 0.93.

AECOM (NYSE:ACM - Get Free Report) last issued its quarterly 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 business had revenue of $3.59 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same period in the prior year, the business posted $1.34 EPS. AECOM's revenue was down 14.2% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. On average, research analysts predict that AECOM will post 3.98 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.31 per share. The ex-dividend date was Wednesday, July 1st. This represents a $1.24 dividend on an annualized basis and a yield of 2.0%. AECOM's dividend payout ratio is presently 56.88%.

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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