Advisors Asset Management Inc. Has $4.39 Million Position in AECOM $ACM

Key Points

• Advisors Asset Management Inc. increased its stake in AECOM by 6.2% in Q1, owning 47,288 shares valued at approximately $4.38 million.
• Several large investors, including Mercer Global Advisors and BNP Paribas Financial Markets, have also significantly increased their holdings in AECOM during the fourth quarter.
• AECOM reported earnings of $1.34 per share for the last quarter and has set its FY 2025 guidance at 5.200-5.300 EPS, indicating a positive outlook among analysts.

Advisors Asset Management Inc. grew its stake in AECOM (NYSE:ACM - Free Report) by 6.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 47,288 shares of the construction company's stock after purchasing an additional 2,751 shares during the period. Advisors Asset Management Inc.'s holdings in AECOM were worth $4,385,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of AECOM by 34.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,680,258 shares of the construction company's stock worth $286,305,000 after acquiring an additional 691,020 shares during the period. Northern Trust Corp lifted its holdings in shares of AECOM by 33.2% during the 1st quarter. Northern Trust Corp now owns 2,218,412 shares of the construction company's stock worth $205,713,000 after acquiring an additional 553,519 shares during the period. Amundi lifted its holdings in shares of AECOM by 16.6% during the 1st quarter. Amundi now owns 1,683,266 shares of the construction company's stock worth $156,096,000 after acquiring an additional 239,608 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of AECOM by 4.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,261,386 shares of the construction company's stock worth $116,961,000 after acquiring an additional 55,466 shares during the period. Finally, Deutsche Bank AG lifted its holdings in shares of AECOM by 2.7% during the 1st quarter. Deutsche Bank AG now owns 1,144,329 shares of the construction company's stock worth $106,114,000 after acquiring an additional 29,748 shares during the period. 85.41% of the stock is owned by institutional investors.

Insider Activity at AECOM

In other news, CEO Troy Rudd sold 53,097 shares of AECOM stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $119.56, for a total transaction of $6,348,277.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.41% of the stock is currently owned by corporate insiders.

AECOM Price Performance

Shares of NYSE ACM traded down $2.61 during trading on Tuesday, reaching $124.29. The company had a trading volume of 804,442 shares, compared to its average volume of 980,449. AECOM has a 52 week low of $85.00 and a 52 week high of $128.04. The stock has a market cap of $16.46 billion, a PE ratio of 27.08, a PEG ratio of 1.88 and a beta of 0.99. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.17 and a current ratio of 1.17. The business's 50 day moving average price is $118.15 and its 200-day moving average price is $107.15.

AECOM (NYSE:ACM - Get Free Report) last announced its earnings results 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. AECOM had a net margin of 3.82% and a return on equity of 27.87%. The company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $4.33 billion. During the same period in the previous year, the firm posted $1.16 earnings per share. The company's revenue was up 6.2% on a year-over-year basis. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. Analysts expect that AECOM will post 5.1 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on ACM shares. Citigroup reaffirmed a "buy" rating and set a $137.00 price objective (up from $122.00) on shares of AECOM in a report on Monday, July 28th. Barclays raised their price objective on shares of AECOM from $120.00 to $130.00 and gave the stock an "overweight" rating in a report on Tuesday, August 12th. UBS Group raised their price objective on shares of AECOM from $126.00 to $139.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. KeyCorp lifted their price target on shares of AECOM from $129.00 to $131.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Finally, Bank of America lifted their price target on shares of AECOM from $112.50 to $124.00 and gave the company a "buy" rating in a report on Tuesday, August 5th. Nine research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $128.44.

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.