111 Capital Acquires New Shares in AECOM (NYSE:ACM)

111 Capital acquired a new stake in shares of AECOM (NYSE:ACM - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 3,086 shares of the construction company's stock, valued at approximately $330,000.

Other institutional investors have also modified their holdings of the company. Principal Securities Inc. raised its stake in shares of AECOM by 95.9% during the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock valued at $25,000 after buying an additional 116 shares during the last quarter. Allworth Financial LP raised its stake in shares of AECOM by 390.6% during the 4th quarter. Allworth Financial LP now owns 260 shares of the construction company's stock valued at $29,000 after buying an additional 207 shares during the last quarter. National Pension Service purchased a new position in shares of AECOM during the 4th quarter valued at about $32,000. Marshall & Sterling Wealth Advisors Inc. purchased a new position in shares of AECOM during the 4th quarter valued at about $35,000. Finally, Wingate Wealth Advisors Inc. purchased a new position in shares of AECOM during the 4th quarter valued at about $51,000. Hedge funds and other institutional investors own 85.41% of the company's stock.

Wall Street Analysts Forecast Growth

ACM has been the subject of several recent analyst reports. Barclays lifted their price target on AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Robert W. Baird lifted their price target on AECOM from $108.00 to $118.00 and gave the company an "outperform" rating in a research note on Tuesday, May 6th. Citigroup lifted their price target on AECOM from $116.00 to $122.00 and gave the company a "buy" rating in a research note on Wednesday, May 7th. Royal Bank of Canada lifted their price target on AECOM from $123.00 to $126.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. Finally, KeyCorp cut their price target on AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat, AECOM presently has a consensus rating of "Buy" and an average price target of $120.86.

AECOM Price Performance

NYSE:ACM traded up $1.12 during trading hours on Friday, hitting $109.91. 2,196,935 shares of the stock were exchanged, compared to its average volume of 909,730. AECOM has a 52-week low of $82.23 and a 52-week high of $118.56. The firm's fifty day moving average price is $99.30 and its 200 day moving average price is $103.39. 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 company has a market cap of $14.54 billion, a P/E ratio of 31.22, a P/E/G ratio of 1.63 and a beta of 0.96.

AECOM (NYSE:ACM - Get Free Report) last issued its earnings results on Monday, May 5th. The construction company reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.10. The business had revenue of $3.77 billion for the quarter, compared to analysts' expectations of $4.18 billion. AECOM had a return on equity of 26.84% and a net margin of 2.93%. The business's revenue for the quarter was up 2.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.04 EPS. As a group, equities research analysts anticipate that AECOM will post 5.1 EPS for the current fiscal 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 issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.95%. The ex-dividend date was Wednesday, April 2nd. AECOM's dividend payout ratio is currently 22.66%.

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.