Citigroup Cuts Aecom (ACM) Price Target to $79

Citigroup reiterated its Buy rating on Aecom ACM on October 23, 2026, while adjusting its price target from $84.00 to $79.00. The note joins a series of updates from major research firms evaluating the infrastructure consulting firm's shares.

ACM Aecom

$60.83 ▼ -35.85% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Citigroup's Call on Aecom

On October 23, 2026, Citigroup issued a research note maintaining its Buy rating on Aecom while lowering its price target to $79.00 from $84.00.

Other Institutional Activity in Aecom

Other large funds have also adjusted their positions in the engineering firm. Moran Wealth Management grew its holdings by 43,166 shares, ending with 125,177 shares worth about $7.4 million. Primecap Management Company added 140,081 shares for a 1.6% increase, finishing with 8,787,043 shares valued at about $534.5 million. Barrow, Hanley Mewhinney & Strauss, LLC lifted its stake by 2,644,453 shares, which works out to a 92.7% jump to 54,971,533 shares worth roughly $334.4 million. Meanwhile, First Trust Advisors LP trimmed its holdings by 580,500 shares, marking a 19.2% decrease to 2,446,092 shares valued around $148.8 million.

Aecom Stock Up 2.3%

Aecom recently traded around $60.83 on October 23, 2026, up about 0.6% from its closing price of $60.49 on the same day. The stock sits below its 50-day moving average of $62.25 and well below its 200-day moving average of $77.24. Over the past year, shares have traded between a low of $56.39 and a high of $135.52.

Recent Earnings

For the trailing twelve months, Aecom reported $15.4 billion in revenue and earnings of $2.84 per share. The company posted a net profit margin of 1.9% and a return on equity of 16.6%. Its next earnings report is scheduled for release on November 17, 2026.

Dividend

Aecom pays an annual dividend of $1.24 per share, giving it a dividend yield of 2.04%. The payout ratio stands at 41.9%.

Insider Buying and Selling at Aecom

Company insiders have made several trades over the past year. On December 17, 2025, President Lara Maria Lucia Poloni sold 17,533 shares valued at about $1.7 million. Later, on May 14, 2026, Chief Financial Officer Gaurav Kapoor bought 1,420 shares at a price of $71.12 per share for a total of $100,990. On the same day, Chief Executive Officer Troy William Rudd bought 4,225 shares at $71.02 per share, totaling $300,060. Most recently, President Lara Maria Lucia Poloni bought 4,224 shares on June 16, 2026, at an average price of $70.63 per share for a total value of $298,341.

Analysts Set New Price Targets

Wall Street firms have updated their outlooks ahead of upcoming reports. On October 5, 2026, Truist Securities maintained its Buy rating while cutting its target from $85.00 to $75.00. UBS maintained a Buy rating on October 8, 2026, lowering its target from $106.00 to $103.00. RBC Capital kept an Outperform rating on October 15, 2026, adjusting its target from $90.00 to $89.00. Keybanc maintained an Overweight rating on October 15, 2026, moving its target from $79.00 to $78.00. Across twelve analyst opinions, the stock holds a consensus strong buy recommendation with an average price target of $84.33.

About Aecom

Headquartered in Dallas, Texas, Aecom employs about 51,000 people to provide professional infrastructure consulting services for governments, businesses, and organizations across the globe. The company operates through its Americas, International, and AECOM Capital segments, helping clients plan, design, build, and manage large-scale construction and engineering projects.

Bottom Line

Investors will look toward Aecom's upcoming earnings release on November 17, 2026, for further insight into project demand and financial performance. Market participants continue to watch how shares trend relative to moving averages and analyst targets.