Schonfeld Strategic Advisors LLC Boosts Stock Holdings in AECOM (NYSE:ACM)

Schonfeld Strategic Advisors LLC increased its stake in shares of AECOM (NYSE:ACM - Free Report) by 2,169.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 140,649 shares of the construction company's stock after acquiring an additional 134,452 shares during the quarter. Schonfeld Strategic Advisors LLC owned approximately 0.11% of AECOM worth $15,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of ACM. Norges Bank bought a new position in shares of AECOM in the fourth quarter worth approximately $190,495,000. Northern Trust Corp grew its holdings in AECOM by 53.5% in the 4th quarter. Northern Trust Corp now owns 1,664,893 shares of the construction company's stock worth $177,844,000 after acquiring an additional 580,078 shares during the last quarter. Alliancebernstein L.P. increased its position in shares of AECOM by 11.2% in the fourth quarter. Alliancebernstein L.P. now owns 3,718,371 shares of the construction company's stock valued at $397,196,000 after acquiring an additional 373,991 shares during the period. Sandhill Capital Partners LLC bought a new position in shares of AECOM during the fourth quarter valued at about $36,933,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of AECOM by 40.1% during the third quarter. JPMorgan Chase & Co. now owns 768,266 shares of the construction company's stock worth $79,339,000 after purchasing an additional 220,035 shares during the period. 85.41% of the stock is owned by hedge funds and other institutional investors.

AECOM Stock Up 2.2 %

Shares of NYSE:ACM traded up $2.17 during midday trading on Friday, reaching $102.42. The company's stock had a trading volume of 1,324,814 shares, compared to its average volume of 915,828. AECOM has a 12-month low of $82.23 and a 12-month high of $118.56. The firm has a market capitalization of $13.58 billion, a P/E ratio of 29.10, a PEG ratio of 1.63 and a beta of 1.03. The firm has a 50 day moving average of $94.90 and a 200-day moving average of $103.64. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02.

AECOM (NYSE:ACM - Get Free Report) last announced its earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share for the quarter, beating analysts' consensus estimates of $1.10 by $0.21. AECOM had a net margin of 2.93% and a return on equity of 26.84%. On average, research analysts anticipate that AECOM will post 5.1 earnings per share for the current year.

AECOM Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd were paid a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.02%. AECOM's dividend payout ratio is currently 29.55%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Robert W. Baird reduced their price target on AECOM from $125.00 to $117.00 and set an "outperform" rating on the stock in a report on Tuesday, February 4th. KeyCorp decreased their target price on AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Barclays lifted their price target on shares of AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Truist Financial decreased their price objective on shares of AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Finally, Citigroup dropped their target price on shares of AECOM from $127.00 to $116.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Nine analysts have rated the stock with a buy rating, According to MarketBeat, AECOM currently has an average rating of "Buy" and a consensus price target of $116.50.

AECOM 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.