Andina Capital Management LLC Buys Shares of 3,870 AECOM $ACM

Key Points

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Andina Capital Management LLC bought a new stake in AECOM (NYSE:ACM - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,870 shares of the construction company's stock, valued at approximately $359,000.

A number of other hedge funds have also made changes to their positions in the stock. Nuveen LLC acquired a new stake in AECOM in the first quarter valued at $78,900,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of AECOM by 34.7% in 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 purchasing an additional 691,020 shares during the last quarter. Northern Trust Corp increased its position in shares of AECOM by 53.5% in the 4th quarter. Northern Trust Corp now owns 1,664,893 shares of the construction company's stock worth $177,844,000 after purchasing an additional 580,078 shares during the last quarter. Citigroup Inc. raised its stake in shares of AECOM by 33.4% in the 1st quarter. Citigroup Inc. now owns 680,059 shares of the construction company's stock valued at $63,062,000 after purchasing an additional 170,235 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of AECOM in the 4th quarter valued at about $16,957,000. Institutional investors and hedge funds own 85.41% of the company's stock.

Insider Buying and Selling at AECOM

In related news, CEO Troy Rudd sold 53,097 shares of AECOM stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $119.56, for a total value of $6,348,277.32. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.41% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ACM. Royal Bank Of Canada lifted their price target on AECOM from $123.00 to $126.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 7th. UBS Group increased their target price on AECOM from $126.00 to $139.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Barclays lifted their target price on AECOM from $120.00 to $130.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 12th. Wall Street Zen raised AECOM from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Finally, Citigroup restated a "buy" rating and set a $137.00 price objective (up from $122.00) on shares of AECOM in a research note on Monday, July 28th. Nine research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $128.44.

AECOM Stock Performance

Shares of NYSE:ACM traded up $1.4550 during trading on Thursday, hitting $121.5450. 647,302 shares of the company traded hands, compared to its average volume of 761,190. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.91. The business's fifty day moving average is $114.92 and its 200-day moving average is $105.28. The stock has a market capitalization of $16.10 billion, a price-to-earnings ratio of 26.48, a PEG ratio of 1.78 and a beta of 0.99. AECOM has a one year low of $85.00 and a one year high of $122.04.

AECOM (NYSE:ACM - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The construction company reported $1.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.25 by $0.09. The business had revenue of $1.94 billion during the quarter, compared to analyst estimates of $4.33 billion. AECOM had a return on equity of 27.87% and a net margin of 3.82%.The business's revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.16 EPS. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. As a group, equities analysts predict that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Wednesday, July 2nd were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, July 2nd. This represents a $1.04 annualized dividend and a dividend yield of 0.9%. AECOM's dividend payout ratio is currently 22.66%.

AECOM Company 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.