Several research firms have updated their ratings and target prices for AECOM (ACM) stock. KeyCorp raised its target price from $94.00 to $99.00, while Robert W. Baird increased theirs from $96.00 to $100.00, both giving the stock an “overweight” or “outperform” rating. Citigroup lowered its target from $116.00 to $104.00 but maintained a buy rating. Barclays raised its price target from $100.00 to $105.00, and Royal Bank of Canada slightly increased it from $112.00 to $113.00. Overall, eight analysts have rated the stock as a buy, giving it an average target price of $106.57 according to MarketBeat.com.
Get Our Latest Stock Report on AECOM
AECOM Stock Performance
AECOM shares (NYSE ACM) rose by $1.17 on Friday, reaching $103.74 with a trading volume of 515,885, below its average of 803,599 shares. The stock has a 50-day moving average of $97.26. It has a market cap of $14.12 billion, a P/E ratio of -1,152.22, and a 1-year trading range between $74.40 and $104.63.
AECOM reported quarterly earnings of $1.16 per share on August 5, beating expectations. Revenue was $4.15 billion, significantly higher than the expected $1.85 billion, up 13.3% year-on-year.
AECOM Dividend Announcement
AECOM has announced a quarterly dividend of $0.22 per share, payable on October 18 to shareholders recorded by October 2. This results in an annualized dividend of $0.88, yielding 0.85%.
Institutional Trading of AECOM
Recent changes in institutional positions include Acadian Asset Management acquiring $1,085,000 worth of shares and Janney Montgomery Scott increasing its stake by 1,082.9%. Overall, institutional investors own 85.41% of AECOM.
AECOM Company Overview
AECOM provides infrastructure consulting services globally, operating in three segments: Americas, International, and AECOM Capital. Their services include planning, design, construction management, and more.
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