BNP Paribas Financial Markets Purchases 12,003 Shares of AECOM (NYSE:ACM)

BNP Paribas Financial Markets grew its holdings in AECOM (NYSE:ACM - Free Report) by 5.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 216,114 shares of the construction company's stock after buying an additional 12,003 shares during the period. BNP Paribas Financial Markets owned 0.16% of AECOM worth $23,085,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Alliancebernstein L.P. increased its stake in shares of AECOM by 11.2% in the 4th quarter. Alliancebernstein L.P. now owns 3,718,371 shares of the construction company's stock worth $397,196,000 after acquiring an additional 373,991 shares during the last quarter. Norges Bank purchased a new position in shares of AECOM in the 4th quarter valued at about $190,495,000. Northern Trust Corp lifted its stake in AECOM by 53.5% during the fourth quarter. Northern Trust Corp now owns 1,664,893 shares of the construction company's stock worth $177,844,000 after purchasing an additional 580,078 shares during the last quarter. FMR LLC lifted its stake in AECOM by 2.9% during the fourth quarter. FMR LLC now owns 1,360,510 shares of the construction company's stock worth $145,330,000 after purchasing an additional 38,177 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in AECOM by 8.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,205,920 shares of the construction company's stock worth $128,820,000 after purchasing an additional 94,880 shares during the last quarter. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Price Performance

AECOM stock traded up $0.34 during mid-day trading on Tuesday, reaching $106.67. The company had a trading volume of 747,324 shares, compared to its average volume of 914,681. The business has a fifty day simple moving average of $95.68 and a 200 day simple moving average of $103.49. The company has a market cap of $14.11 billion, a P/E ratio of 30.30, a P/E/G ratio of 1.63 and a beta of 0.96. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02.

AECOM (NYSE:ACM - Get Free Report) last released its quarterly earnings data on Monday, May 5th. The construction company reported $1.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.15 by $0.10. The company had revenue of $3.77 billion for the quarter, compared to analysts' expectations of $4.18 billion. AECOM had a net margin of 2.93% and a return on equity of 26.84%. The business's revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.04 EPS. On average, equities research analysts predict that AECOM will post 5.1 earnings per share for the current year.

AECOM Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 0.97%. AECOM's dividend payout ratio is presently 22.66%.

Analysts Set New Price Targets

A number of research firms have commented on ACM. Royal Bank of Canada boosted their target price on AECOM from $123.00 to $126.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th. Citigroup raised their target price on AECOM from $116.00 to $122.00 and gave the company a "buy" rating in a report on Wednesday, May 7th. KeyCorp lowered their target price on shares of AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Robert W. Baird boosted their price target on AECOM from $108.00 to $118.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 6th. Finally, Barclays upped their price objective on shares of AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $119.00.

About AECOM

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.