A number of firms have modified their ratings and price targets on shares of Aecon Group (TSE: ARE) recently:
- 7/6/2026 – Aecon Group had its price target raised by Desjardins from C$55.00 to C$61.00. They now have a “hold” rating on the stock.
- 7/3/2026 – Aecon Group was upgraded by Raymond James Financial, Inc. from “hold” to “moderate buy”. They now have a C$60.00 price target on the stock, up from C$52.00.
- 6/29/2026 – Aecon Group had its price target raised by Canaccord Genuity Group Inc. from C$56.00 to C$57.00. They now have a “buy” rating on the stock.
- 6/26/2026 – Aecon Group had its price target lowered by Raymond James Financial, Inc. from C$54.00 to C$52.00. They now have a “market perform” rating on the stock.
- 6/26/2026 – Aecon Group was upgraded by Stifel Nicolaus from “hold” to “buy”. They now have a C$54.00 price target on the stock, up from C$46.00.
- 6/26/2026 – Aecon Group had its price target raised by Desjardins from C$52.00 to C$55.00. They now have a “hold” rating on the stock.
- 6/26/2026 – Aecon Group had its price target lowered by TD from C$62.00 to C$61.00. They now have a “buy” rating on the stock.
Aecon Group Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 3rd. Stockholders of record on Friday, July 3rd were issued a $0.1925 dividend. This represents a $0.77 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, June 23rd. Aecon Group’s dividend payout ratio is 138.64%.
Insider Activity
In related news, insider Timothy John Murphy sold 2,930 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of C$52.31, for a total transaction of C$153,268.30. Following the completion of the transaction, the insider directly owned 4,801 shares in the company, valued at C$251,140.31. The trade was a 37.90% decrease in their ownership of the stock. Also, insider Ernest Chan sold 521 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of C$55.09, for a total transaction of C$28,701.89. Following the completion of the sale, the insider directly owned 11,003 shares in the company, valued at approximately C$606,155.27. The trade was a 4.52% decrease in their ownership of the stock. Insiders have sold 23,451 shares of company stock valued at $1,177,370 in the last ninety days. Insiders own 0.82% of the company’s stock.
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects, mainly in the transportation sector. Its concessions segment is engaged in the development, financing, construction, and operation of infrastructure projects. Aecon generates the majority of its revenue from the Construction segment.
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