AECOM (NYSE:ACM) Shares Bought by Centiva Capital LP

Centiva Capital LP lifted its position in AECOM (NYSE:ACM - Free Report) by 64.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,202 shares of the construction company's stock after buying an additional 2,832 shares during the quarter. Centiva Capital LP's holdings in AECOM were worth $769,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Bridgefront Capital LLC grew its stake in AECOM by 240.6% during the 4th quarter. Bridgefront Capital LLC now owns 9,026 shares of the construction company's stock worth $964,000 after purchasing an additional 6,376 shares in the last quarter. Captrust Financial Advisors grew its stake in AECOM by 2.9% during the 4th quarter. Captrust Financial Advisors now owns 6,939 shares of the construction company's stock worth $741,000 after purchasing an additional 197 shares in the last quarter. BNP Paribas Financial Markets grew its stake in AECOM by 5.9% during the 4th quarter. BNP Paribas Financial Markets now owns 216,114 shares of the construction company's stock worth $23,085,000 after purchasing an additional 12,003 shares in the last quarter. Algert Global LLC acquired a new position in AECOM during the 4th quarter worth $1,589,000. Finally, Aristeia Capital L.L.C. acquired a new position in AECOM during the 4th quarter worth $475,000. Hedge funds and other institutional investors own 85.41% of the company's stock.

Analyst Ratings Changes

ACM has been the subject of several analyst reports. Barclays boosted their target price on AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Truist Financial lowered their target price on AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Robert W. Baird upped their price objective on AECOM from $108.00 to $118.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 6th. KeyCorp lowered their price objective on AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Finally, Royal Bank of Canada upped their price objective on AECOM from $123.00 to $126.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $119.00.

AECOM Stock Performance

Shares of AECOM stock traded up $0.28 on Wednesday, hitting $106.96. The stock had a trading volume of 315,532 shares, compared to its average volume of 1,049,110. The company's 50 day moving average price is $95.68 and its 200 day moving average price is $103.49. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02. The stock has a market cap of $14.15 billion, a price-to-earnings ratio of 30.39, a P/E/G ratio of 1.63 and a beta of 0.96. AECOM has a 52-week low of $82.23 and a 52-week high of $118.56.

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 for the quarter, beating the consensus estimate of $1.15 by $0.10. AECOM had a return on equity of 26.84% and a net margin of 2.93%. The firm had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $4.18 billion. During the same period last year, the business posted $1.04 EPS. AECOM's quarterly revenue was up 2.6% on a year-over-year basis. On average, research analysts anticipate that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders 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 0.97%. The ex-dividend date of this dividend was Wednesday, April 2nd. AECOM's dividend payout ratio is presently 22.66%.

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.