Aecom
About: Aecom is one of the largest global providers of design, engineering, construction, and management services. It serves a broad spectrum of end markets including infrastructure, water, transportation, and energy. Based in Los Angeles, Aecom has a presence in over 150 countries and employs 51,000. The company generated $14.4 billion in sales and $847 million in adjusted operating income in fiscal 2023.
Employees: 52,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
23% more repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 159
17% more call options, than puts
Call options by funds: $46.3M | Put options by funds: $39.5M
9.83% more ownership
Funds ownership: 75.5% [Q1] → 85.33% (+9.83%) [Q2]
1% less funds holding
Funds holding: 506 [Q1] → 502 (-4) [Q2]
6% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 68
10% less capital invested
Capital invested by funds: $11.3B [Q1] → $10.2B (-$1.1B) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 2 (-2) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Keybanc Sangita Jain 93% 1-year accuracy 28 / 30 met price target | 7%upside $115 | Overweight Maintained | 7 Oct 2024 |
Truist Securities Jamie Cook 83% 1-year accuracy 38 / 46 met price target | 11%upside $119 | Buy Maintained | 4 Oct 2024 |
Barclays Adam Seiden 50% 1-year accuracy 5 / 10 met price target | 2%downside $105 | Overweight Maintained | 8 Aug 2024 |
Keybanc Sangita Jain 93% 1-year accuracy 28 / 30 met price target | 8%downside $99 | Overweight Maintained | 7 Aug 2024 |
Baird Andrew Wittmann 77% 1-year accuracy 17 / 22 met price target | 7%downside $100 | Outperform Maintained | 7 Aug 2024 |
Financial journalist opinion
Based on 21 articles about ACM published over the past 30 days