Man Group plc decreased its position in AECOM (NYSE:ACM - Free Report) by 57.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 151,677 shares of the construction company's stock after selling 205,421 shares during the quarter. Man Group plc owned 0.11% of AECOM worth $16,202,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in the company. Principal Securities Inc. increased its holdings 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 acquiring an additional 116 shares during the last quarter. Allworth Financial LP raised its holdings in AECOM by 390.6% during the fourth quarter. Allworth Financial LP now owns 260 shares of the construction company's stock worth $29,000 after purchasing an additional 207 shares in the last quarter. National Pension Service acquired a new stake in AECOM during the fourth quarter worth approximately $32,000. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in shares of AECOM during the 4th quarter worth approximately $35,000. Finally, Wingate Wealth Advisors Inc. acquired a new position in shares of AECOM in the 4th quarter valued at $51,000. Hedge funds and other institutional investors own 85.41% of the company's stock.
AECOM Stock Performance
Shares of AECOM stock traded down $0.16 during trading hours on Friday, hitting $107.21. 78,223 shares of the company were exchanged, compared to its average volume of 914,183. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02. The business has a 50-day moving average of $97.71 and a 200-day moving average of $103.57. AECOM has a 1 year low of $82.23 and a 1 year high of $118.56. The stock has a market capitalization of $14.18 billion, a price-to-earnings ratio of 30.50, a P/E/G ratio of 1.63 and a beta of 0.96.
AECOM (NYSE:ACM - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The construction company reported $1.25 EPS for the quarter, topping analysts' consensus estimates of $1.15 by $0.10. The company had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $4.18 billion. AECOM had a net margin of 2.93% and a return on equity of 26.84%. AECOM's quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.04 EPS. As a group, analysts expect that AECOM will post 5.1 EPS for the current fiscal year.
AECOM Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend was Wednesday, April 2nd. AECOM's dividend payout ratio is presently 22.66%.
Analyst Ratings Changes
Several equities analysts have issued reports on the stock. Citigroup upped their price objective on shares of AECOM from $116.00 to $122.00 and gave the company a "buy" rating in a research note on Wednesday, May 7th. Truist Financial reduced their target price on AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Robert W. Baird raised their price target on AECOM from $108.00 to $118.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 6th. Barclays lifted their price target on AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Finally, Royal Bank of Canada increased their price objective on AECOM from $123.00 to $126.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $119.00.
View Our Latest Analysis on ACM
About AECOM
(
Free Report)
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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