AECOM (NYSE:ACM) Reaches New 12-Month High - Should You Buy?

Key Points

• AECOM shares reached a new 52-week high of $133.85, with a recent trading volume of 134,733 shares.
• Analysts have a consensus rating of "Buy" for AECOM, with price targets ranging from $130 to $151 set by various research firms.
• The company declared a quarterly dividend of $0.26 per share, representing an annualized yield of 0.8% for shareholders of record on October 1st.

AECOM (NYSE:ACM - Get Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $133.85 and last traded at $133.10, with a volume of 134733 shares traded. The stock had previously closed at $132.55.

Wall Street Analyst Weigh In

Several research firms have recently commented on ACM. National Bank Financial began coverage on AECOM in a research report on Wednesday, October 8th. They set an "outperform" rating and a $151.00 price target for the company. Barclays lifted their price target on AECOM from $120.00 to $130.00 and gave the stock an "overweight" rating in a report on Tuesday, August 12th. Truist Financial lifted their price target on AECOM from $128.00 to $146.00 and gave the stock a "buy" rating in a report on Wednesday, October 8th. Citigroup reissued a "buy" rating and issued a $137.00 target price (up from $122.00) on shares of AECOM in a report on Monday, July 28th. Finally, Wall Street Zen cut AECOM from a "buy" rating to a "hold" rating in a research report on Saturday. Eleven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, AECOM has a consensus rating of "Buy" and an average target price of $133.20.

AECOM Trading Up 0.8%

The firm has a market cap of $17.69 billion, a price-to-earnings ratio of 29.12, a PEG ratio of 1.78 and a beta of 1.03. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.17 and a current ratio of 1.17. The business has a fifty day moving average of $126.19 and a two-hundred day moving average of $113.18.

AECOM (NYSE:ACM - Get Free Report) last released its quarterly earnings results on Monday, August 4th. The construction company reported $1.34 earnings per share for the quarter, topping analysts' consensus estimates of $1.25 by $0.09. The business had revenue of $1.94 billion for the quarter, compared to analysts' expectations of $4.33 billion. AECOM had a return on equity of 27.87% and a net margin of 3.82%.The company's revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.16 EPS. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. As a group, equities analysts expect that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Wednesday, October 1st will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, October 1st. AECOM's dividend payout ratio is currently 22.66%.

Insider Buying and Selling at AECOM

In other news, CEO Troy Rudd sold 53,097 shares of the company's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $119.56, for a total transaction of $6,348,277.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.41% of the stock is currently owned by corporate insiders.

Institutional Trading of AECOM

A number of institutional investors and hedge funds have recently made changes to their positions in ACM. Archer Investment Corp grew its stake in shares of AECOM by 9.3% during the second quarter. Archer Investment Corp now owns 1,175 shares of the construction company's stock valued at $133,000 after acquiring an additional 100 shares in the last quarter. Cordatus Wealth Management LLC grew its stake in shares of AECOM by 3.7% during the first quarter. Cordatus Wealth Management LLC now owns 2,867 shares of the construction company's stock valued at $266,000 after acquiring an additional 101 shares in the last quarter. Pallas Capital Advisors LLC lifted its position in shares of AECOM by 2.1% during the second quarter. Pallas Capital Advisors LLC now owns 5,214 shares of the construction company's stock worth $588,000 after purchasing an additional 107 shares during the last quarter. Allworth Financial LP lifted its position in shares of AECOM by 38.5% during the second quarter. Allworth Financial LP now owns 392 shares of the construction company's stock worth $44,000 after purchasing an additional 109 shares during the last quarter. Finally, Private Trust Co. NA lifted its position in shares of AECOM by 37.2% during the first quarter. Private Trust Co. NA now owns 413 shares of the construction company's stock worth $38,000 after purchasing an additional 112 shares during the last quarter. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Company Profile

AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.

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