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In a recent filing with the U.S. Securities and Exchange Commission, AECOM (NYSE: ACM), a global provider of professional technical and management support services with a market capitalization of $12.91 billion, reported the outcomes of its annual meeting of stockholders held on Thursday. The company, which generated revenues of $16.22 billion in the last twelve months, maintains its position as a prominent player in the Construction & Engineering industry, according to InvestingPro analysis. The company confirmed the re-election of its Board of Directors, the ratification of its independent accounting firm, and the approval of executive compensation.
During the meeting, stockholders cast their votes on several key proposals. Eight nominees were elected to the Board of Directors to serve until the next annual meeting in 2026. The elected board members include Bradley W. Buss, Derek J. Kerr, Kristy Pipes, Troy Rudd, Douglas W. Stotlar, Daniel R. Tishman, Sander van ’t Noordende, and Janet C. Wolfenbarger. The voting for each director showed a clear majority in favor, with the highest number of votes against any single nominee being approximately 16.99 million.
Additionally, AECOM’s stockholders ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending on September 30, 2025, with over 115 million votes in favor.
An amendment to the Company’s Amended and Restated Certificate of Incorporation was also approved, updating the exculpation provision in accordance with the Delaware General Corporation Law. This proposal received over 100 million votes for and around 13.38 million against.
Regarding executive compensation, the advisory vote showed support with over 106 million votes in favor. However, a proposal concerning the ratification of severance compensation did not gain approval, with over 106 million votes against and approximately 6.75 million in favor.
The SEC filing provides a detailed account of the votes cast for each proposal, reflecting the decisions made by AECOM’s shareholders at the 2025 Annual Meeting. This information is based on a press release statement. For investors seeking deeper insights, InvestingPro data shows the company has been consistently profitable with a P/E ratio of 28.19 and offers a dividend yield of 1.07%. AECOM’s stock currently trades near its Fair Value, and the company has demonstrated strong returns over the past five years. Additional financial metrics and 10+ exclusive ProTips are available through InvestingPro’s comprehensive research reports, which provide detailed analysis of 1,400+ top US stocks.
In other recent news, AECOM reported first-quarter results that exceeded expectations, leading to an upward revision of its fiscal year 2025 guidance. The company posted adjusted earnings per share of $1.31, surpassing analyst estimates of $1.11, and reported revenue of $4.01 billion, significantly above the consensus forecast of $1.79 billion. Net service revenue increased by 5.5% year-over-year to $1.80 billion, with the Americas segment experiencing an 8% rise driven by a 9% increase in the design business. Following these results, AECOM raised its fiscal 2025 adjusted EPS guidance to $5.05-$5.20, compared to the previous outlook and above the $5.10 analyst consensus. The company also adjusted its expected adjusted EBITDA to a range of $1,175 million to $1,210 million, reflecting 9% growth at the midpoint. Additionally, RBC Capital Markets raised its price target for AECOM to $125, maintaining an Outperform rating, citing the company’s positive start to the year and stable demand environment. AECOM’s record backlog levels increased 4% year-over-year to $23.9 billion, and the company achieved a book-to-burn ratio of 1.2x in its design business. These developments indicate confidence in AECOM’s operational stability and growth prospects, with the company reiterating its target of reaching a 17% margin exit rate by the end of fiscal 2026.
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