Dimensional Fund Advisors LP Boosts Holdings in AECOM $ACM

Key Points

• Dimensional Fund Advisors LP increased its stake in AECOM by 4.6%, now owning approximately 1.26 million shares valued at $116.96 million.
• Wall Street analysts have positive outlooks on AECOM, with multiple firms raising their price targets and assigning buy ratings, leading to an average target of $128.44.
• AECOM's recent earnings report showed a 6.2% year-over-year increase in revenue, beating consensus EPS estimates, and the company declared a quarterly dividend of $0.26.

Dimensional Fund Advisors LP increased its stake in shares of AECOM (NYSE:ACM - Free Report) by 4.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,261,386 shares of the construction company's stock after purchasing an additional 55,466 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.95% of AECOM worth $116,961,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. OneDigital Investment Advisors LLC purchased a new stake in AECOM in the first quarter valued at about $256,000. Private Trust Co. NA raised its stake in shares of AECOM by 37.2% during the 1st quarter. Private Trust Co. NA now owns 413 shares of the construction company's stock valued at $38,000 after buying an additional 112 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of AECOM by 3.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 7,790 shares of the construction company's stock valued at $722,000 after buying an additional 286 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of AECOM by 170.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 26,543 shares of the construction company's stock valued at $2,461,000 after buying an additional 16,718 shares during the last quarter. Finally, Brown Advisory Inc. raised its stake in shares of AECOM by 32.7% during the 1st quarter. Brown Advisory Inc. now owns 3,956 shares of the construction company's stock valued at $367,000 after buying an additional 975 shares during the last quarter. Hedge funds and other institutional investors own 85.41% of the company's stock.

AECOM Price Performance

NYSE ACM traded up $0.54 during trading hours on Wednesday, hitting $126.10. 396,586 shares of the company's stock traded hands, compared to its average volume of 978,807. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.17 and a quick ratio of 1.17. The firm's 50-day moving average is $115.61 and its 200-day moving average is $105.64. The company has a market capitalization of $16.70 billion, a PE ratio of 27.47, a PEG ratio of 1.83 and a beta of 0.99. AECOM has a 52-week low of $85.00 and a 52-week high of $126.24.

AECOM (NYSE:ACM - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The construction company reported $1.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.25 by $0.09. The business had revenue of $1.94 billion during 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%.The business's revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.16 earnings per share. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. Equities analysts forecast that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Wednesday, July 2nd were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.8%. The ex-dividend date was Wednesday, July 2nd. AECOM's dividend payout ratio is presently 22.66%.

Insider Transactions at AECOM

In related news, CEO Troy Rudd sold 53,097 shares of the company's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $119.56, for a total value of $6,348,277.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.41% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Royal Bank Of Canada lifted their target price on shares of AECOM from $123.00 to $126.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. UBS Group lifted their price objective on shares of AECOM from $126.00 to $139.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Wall Street Zen raised shares of AECOM from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Bank of America lifted their price objective on shares of AECOM from $112.50 to $124.00 and gave the company a "buy" rating in a report on Tuesday, August 5th. Finally, Citigroup restated a "buy" rating and issued a $137.00 price target (up previously from $122.00) on shares of AECOM in a research note on Monday, July 28th. Nine analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $128.44.

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.