AECOM $ACM Stock Sold by Vest Financial LLC

Vest Financial LLC trimmed its position in shares of AECOM (NYSE:ACM - Free Report) by 50.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 95,006 shares of the construction company's stock after selling 96,577 shares during the period. Vest Financial LLC owned 0.07% of AECOM worth $5,601,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd raised its position in shares of AECOM by 95.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company's stock valued at $28,000 after purchasing an additional 144 shares during the period. Inceptionr LLC raised its stake in shares of AECOM by 0.8% during the 1st quarter. Inceptionr LLC now owns 19,252 shares of the construction company's stock valued at $1,627,000 after purchasing an additional 156 shares during the period. Allworth Financial LP raised its stake in shares of AECOM by 9.8% during the 2nd quarter. Allworth Financial LP now owns 2,078 shares of the construction company's stock valued at $145,000 after purchasing an additional 186 shares during the period. Corient Private Wealth LLC raised its stake in shares of AECOM by 3.6% during the 4th quarter. Corient Private Wealth LLC now owns 6,562 shares of the construction company's stock valued at $626,000 after purchasing an additional 230 shares during the period. Finally, Burney Co. lifted its holdings in AECOM by 3.7% during the 1st quarter. Burney Co. now owns 7,492 shares of the construction company's stock worth $636,000 after purchasing an additional 265 shares in the last quarter. Institutional investors own 85.41% of the company's stock.

AECOM Stock Performance

Shares of ACM stock opened at $60.51 on Friday. The company has a market capitalization of $7.79 billion, a P/E ratio of 16.26, a PEG ratio of 1.13 and a beta of 0.93. AECOM has a fifty-two week low of $56.39 and a fifty-two week high of $135.52. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a 50 day moving average price of $62.30 and a two-hundred day moving average price of $69.66.

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

AECOM Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, October 14th will be given a $0.31 dividend. The ex-dividend date is Wednesday, October 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.0%. AECOM's payout ratio is presently 56.88%.

Wall Street Analysts Forecast Growth

ACM has been the subject of several analyst reports. Citigroup cut their target price on AECOM from $84.00 to $79.00 and set a "buy" rating for the company in a research note on Friday. Argus lowered their price target on shares of AECOM from $85.00 to $75.00 and set a "buy" rating on the stock in a report on Tuesday, August 25th. Piper Sandler set a $79.00 price objective on shares of AECOM in a research report on Wednesday, August 12th. The Goldman Sachs Group set a $91.00 price objective on shares of AECOM in a research note on Wednesday, August 12th. Finally, Zacks Research cut shares of AECOM from a "hold" rating to a "strong sell" rating in a report on Monday, August 10th. Eight research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, AECOM currently has an average rating of "Moderate Buy" and an average price target of $80.73.

AECOM Company Profile

AECOM is a global infrastructure consulting firm that provides professional services across the planning, design, engineering, construction, and management of complex projects. Its work supports transportation systems, buildings, water and wastewater infrastructure, energy facilities, environmental programs, and government and defense initiatives.

The company offers architecture and engineering, program and construction management, environmental consulting, planning, advisory, and asset-management services.

Want to see what other hedge funds are holding ACM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AECOM (NYSE:ACM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.