AECOM $ACM Stock Position Trimmed by King Luther Capital Management Corp

Key Points

• King Luther Capital Management cut its AECOM stake by 49.7% in the fourth quarter, selling 17,827 shares and ending with 18,029 shares worth about $1.72 million.
• Despite the trim, institutional ownership remains high, with 85.41% of AECOM shares held by institutions and hedge funds; several other big investors either increased or built large positions in the stock.
• Insiders bought shares as CEO Troy Rudd and CFO Gaurav Kapoor purchased stock on May 14, even as analysts slightly lowered price targets; AECOM also reported quarterly EPS of $1.59, modestly beating estimates.

King Luther Capital Management Corp reduced its holdings in AECOM (NYSE:ACM - Free Report) by 49.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,029 shares of the construction company's stock after selling 17,827 shares during the quarter. King Luther Capital Management Corp's holdings in AECOM were worth $1,719,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Orion Porfolio Solutions LLC grew its position in AECOM by 28,246.5% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 5,335,667 shares of the construction company's stock valued at $602,183,000 after buying an additional 5,316,844 shares in the last quarter. State Street Corp boosted its position in shares of AECOM by 2.6% in the 3rd quarter. State Street Corp now owns 5,107,636 shares of the construction company's stock valued at $666,393,000 after purchasing an additional 127,036 shares during the period. Invesco Ltd. lifted its position in shares of AECOM by 14.2% in the 3rd quarter. Invesco Ltd. now owns 4,979,960 shares of the construction company's stock valued at $649,735,000 after acquiring an additional 618,205 shares in the last quarter. First Trust Advisors LP lifted its position in shares of AECOM by 105.3% in the 3rd quarter. First Trust Advisors LP now owns 4,216,372 shares of the construction company's stock valued at $550,110,000 after acquiring an additional 2,162,158 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC grew its stake in AECOM by 0.7% during the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,210,130 shares of the construction company's stock valued at $288,356,000 after acquiring an additional 15,448 shares in the last quarter. 85.41% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently commented on ACM shares. KeyCorp dropped their price target on shares of AECOM from $115.00 to $101.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 13th. Truist Financial restated a "buy" rating and issued a $109.00 price objective (down from $116.00) on shares of AECOM in a research note on Wednesday, May 13th. Robert W. Baird reduced their target price on shares of AECOM from $98.00 to $91.00 and set a "neutral" rating for the company in a research note on Tuesday, May 12th. Bank of America upped their target price on AECOM from $117.00 to $118.00 and gave the company a "buy" rating in a research note on Tuesday, February 10th. Finally, Citigroup cut their price target on shares of AECOM from $130.00 to $98.00 and set a "buy" rating for the company in a research note on Wednesday, May 13th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $116.00.

Insiders Place Their Bets

In other news, CEO Troy Rudd acquired 4,225 shares of AECOM stock in a transaction dated Thursday, May 14th. The stock was bought at an average price of $71.02 per share, for a total transaction of $300,059.50. Following the completion of the acquisition, the chief executive officer directly owned 142,207 shares in the company, valued at approximately $10,099,541.14. The trade was a 3.06% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Gaurav Kapoor bought 1,420 shares of the company's stock in a transaction dated Thursday, May 14th. The shares were purchased at an average cost of $71.12 per share, with a total value of $100,990.40. Following the acquisition, the chief financial officer directly owned 88,053 shares of the company's stock, valued at approximately $6,262,329.36. This represents a 1.64% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.46% of the company's stock.

AECOM Stock Down 1.1%

Shares of AECOM stock opened at $70.88 on Friday. The business has a fifty day simple moving average of $81.29 and a 200 day simple moving average of $93.61. AECOM has a 12 month low of $67.64 and a 12 month high of $135.52. The stock has a market cap of $9.11 billion, a PE ratio of 18.51, a price-to-earnings-growth ratio of 0.87 and a beta of 1.00. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.07.

AECOM (NYSE:ACM - Get Free Report) last issued its quarterly earnings data on Monday, May 11th. The construction company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.58 by $0.01. The business had revenue of $3.80 billion for the quarter, compared to the consensus estimate of $1.94 billion. AECOM had a return on equity of 28.52% and a net margin of 3.16%.The firm's revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.25 EPS. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. Research analysts predict that AECOM will post 5.97 EPS for the current year.

AECOM Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Wednesday, April 1st were paid a $0.31 dividend. The ex-dividend date was Wednesday, April 1st. This represents a $1.24 dividend on an annualized basis and a yield of 1.7%. AECOM's dividend payout ratio (DPR) is currently 32.38%.

About AECOM

AECOM is a multinational infrastructure consulting firm that provides a broad range of professional technical and management services. Its core offerings include architecture and engineering design, program and construction management, environmental remediation and consulting, and operations and maintenance support. The company works across the full project lifecycle from planning and design through construction and long‑term asset management.

AECOM serves public- and private-sector clients in major built-environment markets, including transportation (roads, bridges, rail, airports), water and wastewater systems, buildings and places, energy and power, and environmental services.

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