AECOM Jumps as Investors Appear to Look Past Recent Project Charge

AECOM (ACM) is up 6.0% today. Here is some analysis on what might have caused this price movement.

Analysis: A clear same-day catalyst was not easy to confirm, so this looks like a rebound move after investors revisited AECOM’s recent quarterly results and focused on the healthier parts of the story. This could be because the company’s latest update showed record backlog and solid underlying demand even though reported results were hit by a large charge tied to a legacy construction management project, while some analysts kept positive ratings after the selloff. ([investors.aecom.com](https://investors.aecom.com/news-releases/news-release-details/aecom-reports-third-quarter-fiscal-2026-results?utm_source=openai))

Details:

AECOM’s fiscal third-quarter release disclosed a $337 million pre-tax loss tied to delayed completion of a construction management project, which had pressured sentiment earlier in August. ([investors.aecom.com](https://investors.aecom.com/news-releases/news-release-details/aecom-reports-third-quarter-fiscal-2026-results?utm_source=openai))

The same release said backlog rose 13% to a new record, supported by a 1.6 book-to-burn ratio, suggesting investors may be giving more weight to future demand than to the one-off project issue. ([investors.aecom.com](https://investors.aecom.com/news-releases/news-release-details/aecom-reports-third-quarter-fiscal-2026-results?utm_source=openai))

AECOM also updated fiscal 2026 guidance to reflect the project charge and lower net service revenue growth expectations, meaning today’s strength may reflect bargain-hunting after a sharp reset in expectations. ([investors.aecom.com](https://investors.aecom.com/news-releases/news-release-details/aecom-reports-third-quarter-fiscal-2026-results?utm_source=openai))

After the quarterly report, at least one analyst reduced the price target but kept a Buy rating, which may have helped support the view that the long-term risk/reward remains attractive. ([tipranks.com](https://www.tipranks.com/news/the-fly/aecom-price-target-lowered-to-84-from-97-at-citi-thefly-news?utm_source=openai))

Sources:

AECOM, SEC, TipRanks

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$ACM Insider Trading Activity

$ACM insiders have traded $ACM stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $ACM stock by insiders over the last 6 months:

TROY RUDD (CHIEF EXECUTIVE OFFICER) purchased 4,225 shares for an estimated $300,059
LARA POLONI (PRESIDENT) purchased 4,224 shares for an estimated $298,341
GAURAV KAPOOR (CHIEF FINANCIAL OFFICER (PAO)) purchased 1,420 shares for an estimated $100,990

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

EARLY ACCESS

Receive ACM Data Alerts

Real-time alerts on filings, insider trades, and market signals — before everyone else.

Get Alerts →

$ACM Hedge Fund Activity

We have seen 274 institutional investors add shares of $ACM stock to their portfolio, and 441 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BARROW HANLEY MEWHINNEY & STRAUSS LLC added 2,644,431 shares (+92.7%) to their portfolio in Q2 2026, for an estimated $184,581,283
PICTET ASSET MANAGEMENT HOLDING SA removed 1,976,064 shares (-92.8%) from their portfolio in Q2 2026, for an estimated $137,929,267
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,858,355 shares (+778.9%) to their portfolio in Q2 2026, for an estimated $129,713,179
QUBE RESEARCH & TECHNOLOGIES LTD added 1,677,626 shares (+379.7%) to their portfolio in Q2 2026, for an estimated $117,098,294
FMR LLC added 1,650,112 shares (+78.3%) to their portfolio in Q2 2026, for an estimated $115,177,817
BLACKROCK, INC. removed 1,380,726 shares (-8.8%) from their portfolio in Q2 2026, for an estimated $96,374,674
D. E. SHAW & CO., INC. added 1,352,220 shares (+376.7%) to their portfolio in Q2 2026, for an estimated $94,384,956

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$ACM Government Contracts

We have seen $425,205,939 of award payments to $ACM over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

REFS/CEIC/INFRASTRUCTURE (I): NEW TASK ORDER (TO) CALLED "PARTNERSHIP FOR GLOBAL INFRASTRUCTURE AND INVEST...: $75,060,596
FY25 MARINE CORPS INSTALLATION GEOSPATIAL INFORMATION AND SERVICES (IGI AND S) DATA MANAGEMENT SUPPORT ON-S...: $23,677,750
RES - OLD WILMINGTON ROAD: $10,587,399

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$ACM Congressional Stock Trading

Members of Congress have traded $ACM stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $ACM stock by members of Congress over the last 6 months:

SENATOR ALAN ARMSTRONG sold up to $50,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$ACM Price Targets

Multiple analysts have issued price targets for $ACM recently. We have seen 6 analysts offer price targets for $ACM in the last 6 months, with a median target of $99.5.

Here are some recent targets:

Jamie Cook from Truist Securities set a target price of $102.0 on 07/02/2026
Adam Seiden from Barclays set a target price of $90.0 on 05/19/2026
Sangita Jain from Keybanc set a target price of $101.0 on 05/13/2026
Sabahat Khan from RBC Capital set a target price of $111.0 on 05/13/2026
Andrew Kaplowitz from Citigroup set a target price of $98.0 on 05/13/2026
Andrew Wittmann from Baird set a target price of $91.0 on 05/12/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.