Bank of Nova Scotia Has $13.48 Million Position in AECOM $ACM

Bank of Nova Scotia lifted its position in AECOM (NYSE:ACM) by 85.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 158,872 shares of the construction company’s stock after buying an additional 73,089 shares during the period. Bank of Nova Scotia’s holdings in AECOM were worth $13,476,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of ACM. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its stake 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 purchasing an additional 130 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in AECOM by 95.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company’s stock worth $28,000 after purchasing an additional 144 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of 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 during the last quarter. First Horizon Corp increased its holdings in shares of AECOM by 129.1% in the fourth quarter. First Horizon Corp now owns 362 shares of the construction company’s stock valued at $35,000 after purchasing an additional 204 shares during the last quarter. Finally, Intesa Sanpaolo Wealth Management bought a new position in AECOM in the 4th quarter valued at about $38,000. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Trading Up 4.5%

Shares of ACM stock opened at $70.68 on Friday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.11 and a current ratio of 1.11. AECOM has a fifty-two week low of $66.28 and a fifty-two week high of $135.52. The stock has a 50 day simple moving average of $69.80 and a two-hundred day simple moving average of $83.25. The company has a market cap of $9.08 billion, a P/E ratio of 18.45, a PEG ratio of 0.86 and a beta of 0.93.

AECOM (NYSE:ACM) last issued its earnings results on Monday, May 11th. The construction company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.01. AECOM had a net margin of 3.16% and a return on equity of 28.52%. The business had revenue of $3.80 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same period in the prior year, the firm earned $1.25 earnings per share. AECOM’s revenue was up 4.4% on a year-over-year basis. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. Research analysts forecast that AECOM will post 5.97 earnings per share for the current year.

AECOM Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Wednesday, July 1st were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Wednesday, July 1st. AECOM’s dividend payout ratio (DPR) is currently 32.38%.

Insider Buying and Selling at AECOM

In other AECOM news, CEO Troy Rudd acquired 4,225 shares of AECOM stock in a transaction dated Thursday, May 14th. The stock was purchased at an average cost of $71.02 per share, for a total transaction of $300,059.50. Following the completion of the acquisition, the chief executive officer directly owned 142,207 shares of the company’s stock, valued at $10,099,541.14. This represents a 3.06% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Gaurav Kapoor purchased 1,420 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were bought at an average price of $71.12 per share, with a total value of $100,990.40. Following the purchase, the chief financial officer directly owned 88,053 shares in the company, valued at approximately $6,262,329.36. The trade was a 1.64% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have acquired 9,869 shares of company stock valued at $699,391. Corporate insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on ACM. Wall Street Zen cut AECOM from a “buy” rating to a “hold” rating in a research report on Monday, July 6th. KeyCorp reduced their target price on AECOM from $115.00 to $101.00 and set an “overweight” rating on the stock in a report on Wednesday, May 13th. Weiss Ratings lowered shares of AECOM from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. Truist Financial lowered their target price on AECOM from $109.00 to $102.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. Finally, Barclays decreased their price target on shares of AECOM from $110.00 to $90.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 19th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $114.82.

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.