AECOM (NYSE:ACM) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its position in shares of AECOM (NYSE:ACM - Free Report) by 170.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,543 shares of the construction company's stock after buying an additional 16,718 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in AECOM were worth $2,461,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ACM. Norges Bank acquired a new stake in shares of AECOM during the 4th quarter worth $190,495,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of AECOM by 34.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,680,258 shares of the construction company's stock worth $286,305,000 after buying an additional 691,020 shares during the last quarter. Northern Trust Corp increased its holdings in shares of AECOM by 53.5% during the 4th quarter. Northern Trust Corp now owns 1,664,893 shares of the construction company's stock worth $177,844,000 after buying an additional 580,078 shares during the last quarter. Alliancebernstein L.P. increased its holdings in shares of AECOM by 11.2% during the 4th quarter. Alliancebernstein L.P. now owns 3,718,371 shares of the construction company's stock worth $397,196,000 after buying an additional 373,991 shares during the last quarter. Finally, Sandhill Capital Partners LLC acquired a new stake in shares of AECOM during the 4th quarter worth $36,933,000. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Stock Performance

NYSE:ACM opened at $112.84 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.15 and a quick ratio of 1.15. The firm has a 50-day moving average of $106.75 and a two-hundred day moving average of $103.11. The stock has a market cap of $14.93 billion, a P/E ratio of 24.58, a PEG ratio of 1.83 and a beta of 0.97. AECOM has a 1-year low of $82.23 and a 1-year high of $118.56.

AECOM (NYSE:ACM - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The construction company reported $1.25 earnings per share for the quarter, beating analysts' consensus estimates of $1.15 by $0.10. The company had revenue of $3.77 billion during the quarter, compared to analysts' expectations of $4.18 billion. AECOM had a net margin of 3.85% and a return on equity of 27.67%. The firm's revenue for the quarter was up 2.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.04 EPS. On average, research analysts expect that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 18th. Shareholders of record on Wednesday, July 2nd will be given a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 0.92%. AECOM's payout ratio is currently 22.66%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. KeyCorp dropped their price objective on AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Truist Financial decreased their price target on shares of AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. 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. Robert W. Baird upped their price target on shares of AECOM from $108.00 to $118.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 6th. Finally, 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. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, AECOM presently has an average rating of "Buy" and an average target price of $120.86.

About AECOM

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.

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