AECOM $ACM Shares Sold by Ninety One North America Inc.

Key Points

• Ninety One North America cut its AECOM stake by 22.4% in the third quarter, selling 23,396 shares and retaining 80,870 shares worth approximately $4.77 million. Institutional investors collectively own 85.41% of AECOM.
• AECOM shares traded at $58.89, near their 52-week low of $56.39 and well below the $135.52 high. The company reported a quarterly EPS loss of $0.50, missed estimates, and posted a 14.2% year-over-year revenue decline.
• AECOM declared a quarterly dividend of $0.31 per share, equivalent to an annualized $1.24 payout and a 2.1% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $81.18, despite several recent downgrades.

Ninety One North America Inc. reduced its position in shares of AECOM (NYSE:ACM - Free Report) by 22.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 80,870 shares of the construction company's stock after selling 23,396 shares during the period. Ninety One North America Inc. owned 0.06% of AECOM worth $4,767,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ACM. Perpetual Ltd grew its position in AECOM by 12.3% in the 3rd quarter. Perpetual Ltd now owns 544,353 shares of the construction company's stock worth $32,090,000 after purchasing an additional 59,631 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of AECOM by 147.4% during the 3rd quarter. GAMMA Investing LLC now owns 1,378 shares of the construction company's stock worth $81,000 after buying an additional 821 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of AECOM by 89.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,417 shares of the construction company's stock worth $142,000 after buying an additional 1,138 shares in the last quarter. Tidal Investments LLC lifted its position in shares of AECOM by 61.5% during the 2nd quarter. Tidal Investments LLC now owns 29,580 shares of the construction company's stock worth $2,056,000 after buying an additional 11,259 shares in the last quarter. Finally, Engineers Gate Manager LP boosted its stake in shares of AECOM by 18.2% in the 2nd quarter. Engineers Gate Manager LP now owns 129,355 shares of the construction company's stock worth $9,029,000 after buying an additional 19,883 shares during the last quarter. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

AECOM Stock Performance

NYSE ACM traded up $0.54 during trading hours on Thursday, reaching $58.89. 381,061 shares of the company were exchanged, compared to its average volume of 1,761,903. AECOM has a 1 year low of $56.39 and a 1 year high of $135.52. The business's 50 day simple moving average is $63.55 and its 200-day simple moving average is $70.80. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $7.58 billion, a P/E ratio of 27.00, a P/E/G ratio of 1.06 and a beta of 0.93.

AECOM (NYSE:ACM - Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The construction company reported ($0.50) EPS for the quarter, missing the consensus estimate of $1.46 by ($1.96). The company had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $2.01 billion. AECOM had a return on equity of 19.72% and a net margin of 1.87%. The business's revenue was down 14.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.34 EPS. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. On average, equities research analysts expect that AECOM will post 3.98 earnings per share for the current year.

AECOM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, October 14th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, October 14th. AECOM's payout ratio is 56.88%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Zacks Research downgraded AECOM from a "hold" rating to a "strong sell" rating in a research note on Monday, August 10th. Piper Sandler set a $79.00 price target on AECOM in a research report on Wednesday, August 12th. Barclays decreased their price target on AECOM from $90.00 to $73.00 and set an "equal weight" rating for the company in a research report on Wednesday, August 12th. Wall Street Zen lowered AECOM from a "buy" rating to a "hold" rating in a report on Monday, July 6th. Finally, KeyCorp cut their price objective on AECOM from $79.00 to $78.00 and set an "overweight" rating on the stock in a research report on Thursday. Eight equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $81.18.

AECOM Profile

AECOM NYSE: ACM is a global infrastructure consulting firm that provides professional services across the project lifecycle. Its activities include planning, design, engineering, architecture, program and construction management, environmental services, and operations support.

The company serves public- and private-sector clients in areas such as transportation, water, buildings, energy, environmental remediation, and government infrastructure. Its work includes roads and transit systems, airports, water and wastewater facilities, commercial and civic buildings, and large-scale urban development programs.

AECOM operates internationally, serving clients across North America, Europe, the Middle East, Asia-Pacific, and other global markets.

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