Barclays PLC Buys 120,137 Shares of AECOM (NYSE:ACM)

Barclays PLC boosted its stake in AECOM (NYSE:ACM - Free Report) by 61.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 315,086 shares of the construction company's stock after purchasing an additional 120,137 shares during the quarter. Barclays PLC owned about 0.24% of AECOM worth $33,658,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in ACM. Franklin Resources Inc. increased its stake in shares of AECOM by 1.5% during the third quarter. Franklin Resources Inc. now owns 6,162 shares of the construction company's stock valued at $655,000 after acquiring an additional 91 shares during the period. Ranch Capital Advisors Inc. lifted its position in AECOM by 2.3% during the 4th quarter. Ranch Capital Advisors Inc. now owns 4,482 shares of the construction company's stock valued at $479,000 after purchasing an additional 99 shares during the period. Brown Brothers Harriman & Co. increased its stake in AECOM by 17.5% during the 4th quarter. Brown Brothers Harriman & Co. now owns 691 shares of the construction company's stock worth $74,000 after purchasing an additional 103 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of AECOM by 1.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,830 shares of the construction company's stock worth $809,000 after purchasing an additional 109 shares during the last quarter. Finally, Avitas Wealth Management LLC grew its stake in AECOM by 0.6% in the 4th quarter. Avitas Wealth Management LLC now owns 18,939 shares of the construction company's stock valued at $2,023,000 after buying an additional 110 shares during the last quarter. 85.41% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ACM shares. Citigroup cut their target price on AECOM from $128.00 to $127.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. Robert W. Baird dropped their price target on AECOM from $125.00 to $117.00 and set an "outperform" rating for the company in a research note on Tuesday, February 4th. Truist Financial dropped their price target on shares of AECOM from $129.00 to $121.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Barclays increased their price objective on shares of AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Finally, 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 report on Wednesday, April 16th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $117.88.

AECOM Price Performance

NYSE:ACM traded up $1.89 during trading hours on Thursday, reaching $97.09. The company had a trading volume of 115,913 shares, compared to its average volume of 906,823. AECOM has a one year low of $82.23 and a one year high of $118.56. The stock has a 50-day moving average of $94.92 and a two-hundred day moving average of $103.96. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $12.88 billion, a PE ratio of 27.48, a PEG ratio of 1.63 and a beta of 1.03.

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

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date was Wednesday, April 2nd. AECOM's dividend payout ratio (DPR) is presently 29.55%.

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.