AECOM (NYSE:ACM) Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. decreased its stake in AECOM (NYSE:ACM - Free Report) by 5.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 104,977 shares of the construction company's stock after selling 5,921 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.08% of AECOM worth $9,735,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Prudential Financial Inc. lifted its stake in AECOM by 16.6% in the 4th quarter. Prudential Financial Inc. now owns 27,524 shares of the construction company's stock valued at $2,940,000 after buying an additional 3,921 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of AECOM during the fourth quarter valued at approximately $9,705,000. Proficio Capital Partners LLC purchased a new position in shares of AECOM in the fourth quarter valued at approximately $55,000. Wellington Management Group LLP lifted its position in shares of AECOM by 5.0% in the fourth quarter. Wellington Management Group LLP now owns 12,602 shares of the construction company's stock valued at $1,346,000 after acquiring an additional 603 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of AECOM by 170.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 26,543 shares of the construction company's stock worth $2,461,000 after acquiring an additional 16,718 shares during the last quarter. Hedge funds and other institutional investors own 85.41% of the company's stock.

AECOM Stock Up 1.2%

NYSE ACM traded up $1.33 during trading hours on Friday, hitting $115.79. 441,531 shares of the company were exchanged, compared to its average volume of 928,129. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.00. The firm has a market cap of $15.32 billion, a price-to-earnings ratio of 25.23, a PEG ratio of 1.87 and a beta of 0.96. The company has a 50 day moving average of $108.67 and a two-hundred day moving average of $103.29. AECOM has a 52-week low of $82.23 and a 52-week high of $118.56.

AECOM (NYSE:ACM - Get Free Report) last released its earnings results on Monday, May 5th. The construction company reported $1.25 earnings per share for the quarter, topping analysts' consensus estimates of $1.15 by $0.10. The firm had revenue of $3.77 billion for the quarter, compared to analyst estimates of $4.18 billion. AECOM had a net margin of 3.85% and a return on equity of 27.67%. The business's quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.04 earnings per share. Equities research analysts anticipate that AECOM will post 5.1 earnings per share for the current year.

AECOM Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Wednesday, July 2nd will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, July 2nd. This represents a $1.04 annualized dividend and a dividend yield of 0.90%. AECOM's dividend payout ratio (DPR) is currently 22.66%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on ACM shares. KeyCorp reduced their price objective on AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Citigroup increased their target price on shares of AECOM from $116.00 to $122.00 and gave the company a "buy" rating in a research report on Wednesday, May 7th. Robert W. Baird raised their price target on shares of AECOM from $108.00 to $118.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 6th. Royal Bank Of Canada boosted their price target on shares of AECOM from $123.00 to $126.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th. Finally, Truist Financial cut their price objective on shares of AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $120.86.

AECOM 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.