Two Sigma Investments LP Acquires 46,793 Shares of AECOM (NYSE:ACM)

Two Sigma Investments LP grew its position in AECOM (NYSE:ACM - Free Report) by 11.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 468,580 shares of the construction company's stock after purchasing an additional 46,793 shares during the period. Two Sigma Investments LP owned about 0.35% of AECOM worth $50,054,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Ranch Capital Advisors Inc. boosted its stake in shares of AECOM by 2.3% in the 4th quarter. Ranch Capital Advisors Inc. now owns 4,482 shares of the construction company's stock valued at $479,000 after purchasing an additional 99 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in shares of AECOM by 17.5% in the 4th quarter. Brown Brothers Harriman & Co. now owns 691 shares of the construction company's stock valued at $74,000 after purchasing an additional 103 shares in the last quarter. Avitas Wealth Management LLC boosted its stake in shares of AECOM by 0.6% in the 4th quarter. Avitas Wealth Management LLC now owns 18,939 shares of the construction company's stock valued at $2,023,000 after purchasing an additional 110 shares in the last quarter. Principal Securities Inc. boosted its stake in shares of AECOM by 95.9% in the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock valued at $25,000 after purchasing an additional 116 shares in the last quarter. Finally, Ellevest Inc. boosted its stake in shares of AECOM by 2.2% in the 4th quarter. Ellevest Inc. now owns 5,820 shares of the construction company's stock valued at $622,000 after purchasing an additional 124 shares in the last quarter. Institutional investors and hedge funds own 85.41% of the company's stock.

AECOM Trading Up 0.1%

NYSE:ACM traded up $0.15 on Friday, hitting $107.52. 537,047 shares of the stock were exchanged, compared to its average volume of 917,583. The stock has a market capitalization of $14.23 billion, a price-to-earnings ratio of 30.55, a P/E/G ratio of 1.63 and a beta of 0.96. AECOM has a 52 week low of $82.23 and a 52 week high of $118.56. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.14 and a current ratio of 1.14. The company's 50-day moving average price is $97.95 and its 200 day moving average price is $103.48.

AECOM (NYSE:ACM - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The construction company reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.15 by $0.10. The firm had revenue of $3.77 billion during the quarter, compared to analysts' expectations of $4.18 billion. AECOM had a return on equity of 26.84% and a net margin of 2.93%. The company's quarterly revenue was up 2.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.04 EPS. On average, equities research analysts forecast 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 was paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd were issued a dividend of $0.26 per share. The ex-dividend date was Wednesday, April 2nd. This represents a $1.04 annualized dividend and a yield of 0.97%. AECOM's dividend payout ratio is currently 22.66%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ACM. KeyCorp reduced their price target on shares of AECOM from $121.00 to $109.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Barclays upped their price target on shares of AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Royal Bank of Canada upped 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. Citigroup upped their price target on shares of AECOM from $116.00 to $122.00 and gave the stock a "buy" rating in a research report on Wednesday, May 7th. Finally, Truist Financial reduced their price target on shares of AECOM from $129.00 to $121.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price 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.