Aecon Group Inc.

TSX:ARE Stock Report

Market Cap: CA$2.2b

Aecon Group Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSX:ARE Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
20 Jan 26BuyCA$20,556Rodney PhillipsIndividual600CA$34.26
02 Jan 26SellCA$2,531,600John BeckIndividual80,000CA$31.65
31 Dec 25SellCA$65,000Manuel RivayaIndividual2,000CA$32.50
08 Dec 25SellCA$138,330Martina DoyleIndividual4,611CA$30.00
05 Dec 25SellCA$285,248Gordana TerkalasIndividual10,039CA$28.41
05 Dec 25SellCA$166,821Ernest ChanIndividual5,828CA$28.62
05 Dec 25SellCA$317,928Alistair MacCallumIndividual10,931CA$29.09
03 Sep 25BuyCA$99,986Scott StewartIndividual4,875CA$20.51
19 Aug 25BuyCA$1,388,382John BeckIndividual69,072CA$20.10
06 Aug 25BuyCA$118,320Stuart LeeIndividual6,000CA$19.72
13 Jun 25BuyCA$48,095Susan JenahIndividual2,500CA$19.24
10 Jun 25BuyCA$122,747Leslie KassIndividual6,325CA$19.41
04 Jun 25BuyCA$94,500Deborah SteinIndividual5,000CA$18.90
03 Jun 25BuyCA$201,705Scott ThonIndividual10,500CA$19.21
28 Apr 25BuyCA$1,180,642Crescendo Advisors II, LLCCompany75,000CA$15.74
28 Apr 25BuyCA$61,206Jerome JulierIndividual3,871CA$15.81
28 Apr 25BuyCA$157,402John BeckIndividual10,000CA$15.74
10 Mar 25BuyCA$104,595Stuart LeeIndividual5,700CA$18.35
10 Mar 25BuyCA$18,391Adam BorgattiIndividual1,000CA$18.39
10 Mar 25BuyCA$24,904Jerome JulierIndividual1,330CA$18.73

Insider Trading Volume

Insider Buying: ARE insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of ARE?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders443,9730.693%
Institutions11,817,18218.4%
General Public51,831,84780.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 18.83% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
6.41%
Mirae Asset Global Investments Co., Ltd.
4,105,220CA$139.6m11.7%0.07%
3.91%
Dimensional Fund Advisors LP
2,505,032CA$85.2m3.89%0.01%
1.87%
BlackRock, Inc.
1,198,336CA$40.8m8.46%no data
1.56%
Mackenzie Financial Corporation
996,646CA$33.9m313%0.02%
0.7%
Invesco Ltd.
447,375CA$15.2m0%no data
0.62%
Exchange Traded Concepts, LLC
399,051CA$13.6m46.3%0.07%
0.48%
Crescendo Advisors II, LLC
309,200CA$10.5m0%100.0%
0.35%
John Beck
221,417CA$7.5m40%no data
0.34%
BMO Asset Management Corp.
216,418CA$7.4m-0.36%no data
0.32%
PenderFund Capital Management Ltd.
204,720CA$7.0m0%0.75%
0.28%
TD Asset Management, Inc.
182,241CA$6.2m0%no data
0.24%
Swiss Life Asset Management AG
154,450CA$5.3m0%0.43%
0.24%
UBS Asset Management AG
150,645CA$5.1m0%no data
0.23%
Charles Schwab Investment Management, Inc.
147,255CA$5.0m3.48%no data
0.22%
CIBC Asset Management Inc.
138,057CA$4.7m-1.29%0.01%
0.2%
Guardian Capital LP
131,137CA$4.5m0%0.06%
0.18%
American Century Investment Management Inc
112,430CA$3.8m2.1%no data
0.12%
State Street Global Advisors, Inc.
77,291CA$2.6m20%no data
0.099%
Allianz Asset Management GmbH
63,661CA$2.2m0%no data
0.099%
Starlight Investments Capital LP
63,561CA$2.2m0%0.48%
0.087%
The Vanguard Group, Inc.
55,534CA$1.9m5.78%no data
0.078%
Industrielle Alliance, Gestion de placements inc.
49,840CA$1.7m-31.5%0.01%
0.078%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
49,782CA$1.7m0%no data
0.072%
Vertex One Asset Management Inc.
45,860CA$1.6m0%0.79%
0.07%
Hillsdale Investment Management Inc.
45,128CA$1.5m0%0.02%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/21 12:32
End of Day Share Price 2026/01/21 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Aecon Group Inc. is covered by 19 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher MurrayATB Capital Markets
Gareth TinglingBeacon Securities Limited
null nullBMO Capital Markets Equity Research