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Aecom - ACM STOCK NEWS

Welcome to our dedicated page for Aecom news (Ticker: ACM), a resource for investors and traders seeking the latest updates and insights on Aecom stock.

AECOM (NYSE: ACM) is a globally recognized infrastructure consulting firm delivering comprehensive professional services throughout the project lifecycle. From advisory, planning, design, and engineering to program and construction management, AECOM caters to both public and private sector clients across 150 countries. Headquartered in Los Angeles, the company employs 51,000 professionals and generated $14.4 billion in sales and $847 million in adjusted operating income in fiscal 2023.

As a fully integrated firm, AECOM connects knowledge and experience across its global network of experts to help clients solve their most complex challenges. Their projects span a variety of sectors including transportation, buildings, water, new energy, and the environment. Recently, AECOM's joint venture with Stantec was awarded a significant environmental planning contract by the Naval Facilities Engineering Systems Command (NAVFAC) Pacific, exemplifying dedication to resilient and sustainable infrastructure.

AECOM’s partnership with the Texas Department of Transportation on the $4.5 billion Capital Express (CapEx) Central project in Austin further highlights their role in critical infrastructure development. Additionally, the company's involvement in expanding Ontario’s Clarkson Water Resource Recovery Facility underscores their expertise in water treatment and environmental services.

Committed to sustainability and innovation, AECOM's collaboration with Unitywater in Australia aims to enhance water and sewage services to over 800,000 residents. Their strategic initiatives also include supporting FEMA’s Public Assistance grant program to aid disaster-affected communities.

AECOM is also at the forefront of supporting Ukraine’s hydropower infrastructure restoration, reflecting their ability to handle complex, large-scale projects. With a commitment to delivering sustainable legacies, AECOM continues to lead in infrastructure consulting, driven by their technical and digital expertise, and a culture of equity, diversity, and inclusion.

News

AECOM® joint venture to support delivery of the Kensico – Eastview Connection project

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AECOM, a global infrastructure consulting firm, has been selected by the New York City Department of Environmental Protection for the Kensico – Eastview Connection project. The joint venture will oversee the delivery of the Kensico Third Conveyance Tunnel, improving the reliability and resilience of the city's water supply. The tunnel will carry 2.6 billion gallons of water per day, providing redundancy and flexibility to the water supply system. AECOM's expertise in the water sector positions them to ensure the delivery of clean, safe, and reliable drinking water for New Yorkers.
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AECOM announces planned dates for first quarter fiscal 2024 earnings results and conference call

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AECOM (NYSE:ACM) announces the release of its first quarter fiscal 2024 earnings results on February 5, 2024, followed by a conference call and webcast on February 6, 2024, to present financial results, strategic accomplishments, and market trends. The webcast and presentation slides will be available on the Company’s website and will contain additional financial information.
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AECOM selected as delivery partner for Eglinton Crosstown West Extension in Toronto

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AECOM (NYSE: ACM) has been selected by Metrolinx as the delivery partner for the Eglinton Crosstown West Extension project, a 9.2-kilometer extension of the Eglinton Crosstown Light Rail Transit. The project aims to create a continuous rapid transit line from Scarborough, through midtown Toronto, and into Mississauga. AECOM's global and multi-disciplinary service offering will be integral to the project, including program management, advisory, commercial management, procurement and supply chain management, and project supervision services.
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AECOM secures position on major framework to deliver Intelligent Automation services to public sector organizations across the United Kingdom

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AECOM (NYSE: ACM) has been appointed to an Intelligent Automation framework agreement with National Health Service (NHS) Shared Business Services in the UK. The framework aims to improve public services by implementing Intelligent Automation to increase efficiency, reduce costs and risks, and improve customer and patient experience.
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AECOM joint venture appointed by Australia’s Sunwater as Engineering and Professional Services Partner

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AECOM (NYSE: ACM) has been appointed as the Engineering and Professional Services Partner for Sunwater, a Queensland, Australia bulk water service provider. AECOM, in a joint venture with Jacobs, will support Sunwater in achieving its strategic goals and operational objectives, aiming to expand Sunwater’s capacity and capability to meet current and future demand for engineering and professional services. Sunwater owns AUD$13.7B in assets and operates 31 Bulk Water and Irrigation Supply schemes and 14 pipelines, delivering around 40 percent of the water used commercially in Queensland.
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AECOM affirms its commitment to value creation as a leading Professional Services infrastructure consulting firm

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AECOM (NYSE:ACM) unveils a long-term financial framework featuring high-returning organic growth, substantial margin expansion opportunity, and double-digit annual adjusted EPS and free cash flow per share growth. The company reaffirms its commitment to a returns-focused capital allocation policy and expects to achieve a return on invested capital of 25%+. AECOM also affirms its fiscal 2024 guidance, including 13% and 20% adjusted EBITDA and adjusted EPS at the mid-points of the ranges.
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AECOM to serve as reconstruction delivery partner for Kyiv Boryspil International Airport

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AECOM (NYSE: ACM) has signed a memorandum of understanding with Boryspil International Airport to serve as a reconstruction delivery partner for the rebuilding of Boryspil International Airport and the broader aviation sector of Ukraine. AECOM will provide infrastructure advisory support for the reconstruction, including asset condition and capability assessment, design, engineering, program management, and construction management.
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AECOM to host its 2023 Investor Day to showcase its competitive advantage, secular growth drivers, and long-term strategic and financial objectives

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AECOM (NYSE:ACM) to Host 2023 Investor Day at NYSE, Presenting Long-Term Strategic and Financial Objectives
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AECOM to deliver major water infrastructure capital works program for Uisce Éireann

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AECOM (NYSE: ACM) has been appointed to Uisce Éireann’s new Capital Works PMO Framework, providing technical, project management, and site supervision services for Ireland’s public water utility. AECOM will support Uisce Éireann in delivering cleaner, safer drinking water and more effective wastewater management, contributing to social and economic growth. The five-year contract, extendable by two years, replaces and combines previous frameworks under one program, enabling AECOM to apply its expertise in project and program management, design, stakeholder consultation, and site supervision to construction and upgrading of water and wastewater treatment plants, networks, and infrastructure.
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AECOM affirms its capital allocation policy, increases share repurchase authorization to $1 billion and increases its quarterly dividend by 22%

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AECOM (NYSE: ACM) Announces $1 Billion Share Repurchase Authorization and 22% Increase in Quarterly Dividend. The Board of Directors approved increases to both its share repurchase authorization and quarterly dividend program. The increased share repurchase authorization builds on the $1.8 billion of shares repurchased since September 2020, which has reduced shares outstanding by 19%. The increased dividend will be reflected in the next dividend payment on January 19, 2024, to stockholders of record on January 4, 2024, consistent with the Company’s commitment to annual double-digit increases in the per share value of its dividend. CEO Troy Rudd reaffirmed the company's returns-focused capital allocation policy, emphasizing high-returning investments in organic growth and returning available cash flow to shareholders through share repurchases and dividends.
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FAQ

What is the current stock price of Aecom (ACM)?

The current stock price of Aecom (ACM) is $112.56 as of November 21, 2024.

What is the market cap of Aecom (ACM)?

The market cap of Aecom (ACM) is approximately 15.1B.

What does AECOM specialize in?

AECOM specializes in infrastructure consulting, offering services in advisory, planning, design, engineering, and program and construction management across various sectors.

Where is AECOM headquartered?

AECOM is headquartered in Los Angeles, California.

How many employees does AECOM have?

AECOM employs approximately 51,000 professionals worldwide.

What are some recent projects undertaken by AECOM?

Recent projects include the NAVFAC Pacific environmental planning contract, the Texas Capital Express project, and the expansion of Ontario’s Clarkson Water Resource Recovery Facility.

What sectors does AECOM operate in?

AECOM operates in various sectors including transportation, buildings, water, new energy, and the environment.

What was AECOM’s revenue in fiscal year 2023?

AECOM reported revenue of $14.4 billion in fiscal year 2023.

How is AECOM contributing to sustainability?

AECOM is committed to sustainability through various projects such as water treatment improvements, disaster resilience programs, and infrastructure projects supporting environmental compliance and sustainability.

What is AECOM’s role in supporting Ukraine’s hydropower infrastructure?

AECOM is partnering with Ukrhydroenergo to restore and reconstruct Ukraine’s hydropower assets, showcasing their expertise in renewable energy and disaster recovery.

What recent contracts has AECOM secured?

AECOM recently secured a contract with FEMA for disaster recovery services and a joint venture contract with NAVFAC Pacific for facility support services.

What is AECOM’s commitment to diversity and inclusion?

AECOM is dedicated to a culture of equity, diversity, and inclusion, driving their purpose to deliver a better world through technical and digital expertise.

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Aecom

NYSE:ACM

ACM Rankings

#668 Ranked by Market Cap
#1836 Ranked by Dividends

ACM Stock Data

15.13B
131.86M
0.45%
90.64%
1.4%
Engineering & Construction
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