Streetbeat News

ACM

AECOM

https://www.aecom.com

Industry

Engineering & Construction

AECOM, together with its subsidiaries, provides professional infrastructure consulting services for governments, businesses, and organizations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to commercial and government clients. It also invests in and develops real estate projects. In addition, the company provides construction services, including building construction and energy, and infrastructure and industrial construction. It serves transportation, water, government, facilities, environmental, and energy sectors. The company was formerly known as AECOM Technology Corporation and changed its name to AECOM in January 2015. AECOM was incorporated in 1980 and is headquartered Dallas, Texas.

Open

110.39

Mkt cap

15B

Volume

1.2M

High

111.83

P/E Ratio

40.89

52-wk high

115.74

Low

109.45

Div yield

0.01

52-wk low

78.55

AECOM (NYSE:ACM) and its joint venture partner DB Sterlin have been awarded a 3-year contract by the Chicago Department of Water Management to provide program management services. The AECOM-DBS JV will manage the capital improvement program for DWM's facilities, including its water distribution system, pumping stations, and water purification plants.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 11:02 am

AECOM (NYSE:ACM) has announced a quarterly dividend of 18 cents per share, which will be paid out to shareholders on October 20, 2023. The stock will go ex-dividend on Wednesday, meaning it will likely open 18 cents lower. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 2:45 pm

AECOM's joint venture with Street Legal Industries, SLICOM, has been selected by the US Department of Interior Bureau of Land Management to remediate orphaned oil & gas wells. The program is supported by $4.7B funding.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 11:02 am

AECOM's joint venture has been selected to provide program and project management services to support the City of Norfolk in improving flood and coastal resilience.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 10:56 am

Benzinga's weekly review of investor favorites included bullish views on ARM Holdings, Tesla, and Tilray Brands, and bearish perspectives on Ford, General Motors, Stellantis, Lockheed Martin, Boeing, and Aecom. ARM's recent IPO and lawsuit with Qualcomm, Tesla's price target increase due to its supercomputer, Dojo, and Tilray's readiness for potential U.S. cannabis legalization were highlighted. Concerns were raised about the ongoing UAW strike against auto companies and the potential impacts of a government shutdown on defense and energy contractors.

Portfolio Pulse from Michael Cohen

September 16, 2023 | 2:11 pm

AECOM (ACM) has been selected as the lead designer for the I-35 Northeast Expansion South Project in San Antonio. The project is expected to improve traffic flow and safety in the region.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 10:59 am

The US government may face a shutdown if lawmakers fail to agree on funding allocation for 438 governmental agencies by September 30. A shutdown could temporarily reduce GDP by 0.15% per week, according to Goldman Sachs. The stock market has shown inconsistent responses to past shutdowns. Government contractors, particularly in the defense sector, could be affected. These include Lockheed Martin Corp (LMT), Boeing Co (BA), General Dynamics (GD), Raytheon (RTN), and Northrop Grumman Corp (NOCE). ETFs such as iShares US Aerospace & Defense ETF (ITA) and SPDR S&P Aerospace & Defense ETF (XAR) could also be impacted. Energy contractors like Aecom (ACM), Fluor Corp (FLR), and Honeywell International Inc (HON) could also be affected.

Portfolio Pulse from Natan Ponieman

September 13, 2023 | 4:09 pm

AECOM (NYSE:ACM), an infrastructure consulting firm, has been selected by the HKSAR Government Highways Department to deliver the Tsing Yi – Lantau Link (TYLL), a new strategic road linking Lantau Island and Tsing Yi in Hong Kong. The project aims to increase capacity and accommodate future traffic demand from the Northern Metropolis development.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 11:00 am

Credit Suisse analyst Jamie Cook maintains an Outperform rating on AECOM (NYSE:ACM) but lowers the price target from $101 to $99.

Portfolio Pulse from richadhand@benzinga.com

August 09, 2023 | 1:19 pm

AECOM's shares are trading lower following the company's Q3 earnings per share (EPS) results, which were below market expectations.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 3:00 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.