Arcosa, Inc. $ACA Shares Acquired by Impax Asset Management Group plc

Key Points

• Impax Asset Management increased its stake in Arcosa by 10.6% to 156,500 shares (≈$16.64 million), and institutional investors now own about 90.66% of the stock.
• Arcosa beat quarterly EPS estimates with $1.15 (vs. $0.95 consensus) and reported revenue up 7.6% year‑over‑year, though revenue slightly missed analysts' expectations.
• The company declared a quarterly dividend of $0.05 per share (annualized $0.20, ~0.2% yield), and analysts' consensus is a “Moderate Buy” with an average price target of $120.00.

Impax Asset Management Group plc lifted its holdings in shares of Arcosa, Inc. (NYSE:ACA - Free Report) by 10.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 156,500 shares of the company's stock after buying an additional 15,000 shares during the period. Impax Asset Management Group plc owned approximately 0.32% of Arcosa worth $16,639,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ACA. AQR Capital Management LLC lifted its position in Arcosa by 20.6% in the first quarter. AQR Capital Management LLC now owns 8,326 shares of the company's stock worth $642,000 after purchasing an additional 1,423 shares during the period. United Services Automobile Association acquired a new stake in Arcosa in the first quarter worth approximately $256,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Arcosa by 11.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 143,244 shares of the company's stock worth $11,047,000 after purchasing an additional 14,723 shares during the period. Jane Street Group LLC lifted its position in Arcosa by 193.8% in the first quarter. Jane Street Group LLC now owns 105,243 shares of the company's stock worth $8,116,000 after purchasing an additional 69,427 shares during the period. Finally, American Century Companies Inc. lifted its position in Arcosa by 1.4% in the second quarter. American Century Companies Inc. now owns 12,690 shares of the company's stock worth $1,100,000 after purchasing an additional 181 shares during the period. 90.66% of the stock is currently owned by institutional investors and hedge funds.

Arcosa Price Performance

Shares of NYSE:ACA opened at $119.58 on Friday. The company's fifty day moving average is $112.03 and its two-hundred day moving average is $108.44. The company has a quick ratio of 1.35, a current ratio of 2.20 and a debt-to-equity ratio of 0.57. Arcosa, Inc. has a 12-month low of $77.89 and a 12-month high of $131.00. The company has a market cap of $5.87 billion, a P/E ratio of 28.20, a price-to-earnings-growth ratio of 1.57 and a beta of 0.96.

Arcosa (NYSE:ACA - Get Free Report) last posted its quarterly earnings results on Thursday, February 26th. The company reported $1.15 EPS for the quarter, beating the consensus estimate of $0.95 by $0.20. Arcosa had a net margin of 7.23% and a return on equity of 8.64%. The business had revenue of $716.70 million for the quarter, compared to analysts' expectations of $719.46 million. During the same period in the previous year, the company posted $0.46 EPS. Arcosa's revenue was up 7.6% on a year-over-year basis. Equities analysts expect that Arcosa, Inc. will post 4.77 earnings per share for the current fiscal year.

Arcosa Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Wednesday, April 15th. Arcosa's payout ratio is currently 4.72%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on ACA. Wall Street Zen cut Arcosa from a "buy" rating to a "hold" rating in a report on Sunday, March 1st. Texas Capital raised Arcosa to a "strong-buy" rating in a report on Friday, March 27th. Weiss Ratings cut Arcosa from a "buy (b-)" rating to a "hold (c+)" rating in a report on Thursday, April 9th. Finally, DA Davidson upped their price target on Arcosa from $120.00 to $125.00 and gave the company a "buy" rating in a report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Arcosa currently has an average rating of "Moderate Buy" and an average price target of $120.00.

Arcosa Company Profile

Arcosa, Inc NYSE: ACA is a Dallas‐based industrial company that was formed through the spin‐off of Trinity Industries' construction products business in 2018. Since its inception, Arcosa has focused on the manufacture and sale of critical infrastructure components, serving a diverse set of end markets including transportation, construction and energy.

The company's Construction Products segment produces a broad range of highway safety products, such as guardrail systems, sign supports and crash cushions, as well as aggregates and ready‐mix concrete.

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