4,530 Shares in AECOM $ACM Acquired by Hilltop National Bank

Key Points

• Hilltop National Bank acquired 4,530 shares of AECOM, valued at approximately $511,000, in its new position during the second quarter.
• Institutional investors now own 85.41% of AECOM's stock, with several firms increasing their stakes significantly in the last quarter.
• AECOM reported earnings of $1.34 per share for the last quarter, exceeding analyst expectations, and has set an FY 2025 EPS guidance of 5.200-5.300.

Hilltop National Bank purchased a new position in shares of AECOM (NYSE:ACM - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 4,530 shares of the construction company's stock, valued at approximately $511,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Northern Trust Corp raised its holdings in AECOM by 33.2% in the 1st quarter. Northern Trust Corp now owns 2,218,412 shares of the construction company's stock valued at $205,713,000 after acquiring an additional 553,519 shares in the last quarter. Amundi raised its holdings in AECOM by 16.6% in the 1st quarter. Amundi now owns 1,683,266 shares of the construction company's stock valued at $156,096,000 after acquiring an additional 239,608 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in AECOM by 4.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,261,386 shares of the construction company's stock valued at $116,961,000 after acquiring an additional 55,466 shares in the last quarter. Deutsche Bank AG raised its holdings in AECOM by 2.7% in the 1st quarter. Deutsche Bank AG now owns 1,144,329 shares of the construction company's stock valued at $106,114,000 after acquiring an additional 29,748 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in AECOM by 3.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,080,814 shares of the construction company's stock valued at $100,224,000 after acquiring an additional 36,804 shares in the last quarter. 85.41% of the stock is owned by institutional investors and hedge funds.

Insider Activity at AECOM

In other AECOM news, CEO Troy Rudd sold 53,097 shares of the company's stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $119.56, for a total value of $6,348,277.32. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.41% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. KeyCorp lifted their price objective on AECOM from $129.00 to $131.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Citigroup reaffirmed a "buy" rating and issued a $137.00 price objective (up from $122.00) on shares of AECOM in a report on Monday, July 28th. Bank of America boosted their price target on AECOM from $112.50 to $124.00 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Wall Street Zen raised AECOM from a "hold" rating to a "buy" rating in a report on Friday, September 26th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of AECOM in a report on Saturday, September 27th. Ten analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $128.44.

AECOM Trading Down 0.6%

Shares of ACM stock opened at $128.86 on Friday. The firm has a market capitalization of $17.07 billion, a P/E ratio of 28.07, a P/E/G ratio of 1.75 and a beta of 1.03. AECOM has a twelve month low of $85.00 and a twelve month high of $133.81. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.91. The stock's fifty day simple moving average is $123.76 and its 200 day simple moving average is $111.31.

AECOM (NYSE:ACM - Get Free Report) last issued its quarterly earnings data on Monday, August 4th. The construction company reported $1.34 earnings per share for the quarter, topping analysts' consensus estimates of $1.25 by $0.09. The business had revenue of $1.94 billion for the quarter, compared to analyst estimates of $4.33 billion. AECOM had a return on equity of 27.87% and a net margin of 3.82%.AECOM's quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.16 EPS. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. As a group, sell-side analysts predict that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Wednesday, October 1st will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Wednesday, October 1st. AECOM's payout ratio is 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.

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