Asset Management One Co. Ltd. Has $10.31 Million Holdings in AECOM (NYSE:ACM)

Asset Management One Co. Ltd. grew its stake in shares of AECOM (NYSE:ACM - Free Report) by 3.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 111,206 shares of the construction company's stock after acquiring an additional 3,362 shares during the period. Asset Management One Co. Ltd. owned 0.08% of AECOM worth $10,312,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Oppenheimer & Co. Inc. lifted its holdings in AECOM by 63.8% during the 1st quarter. Oppenheimer & Co. Inc. now owns 15,657 shares of the construction company's stock worth $1,452,000 after purchasing an additional 6,100 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in AECOM by 3.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 7,790 shares of the construction company's stock worth $722,000 after buying an additional 286 shares during the period. Nilsine Partners LLC lifted its holdings in shares of AECOM by 3.9% during the first quarter. Nilsine Partners LLC now owns 15,464 shares of the construction company's stock worth $1,434,000 after buying an additional 587 shares in the last quarter. State of Alaska Department of Revenue lifted its holdings in shares of AECOM by 1.7% during the first quarter. State of Alaska Department of Revenue now owns 15,548 shares of the construction company's stock worth $1,441,000 after buying an additional 260 shares in the last quarter. Finally, Insigneo Advisory Services LLC boosted its position in shares of AECOM by 22.4% in the first quarter. Insigneo Advisory Services LLC now owns 3,997 shares of the construction company's stock valued at $371,000 after acquiring an additional 731 shares during the period. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Price Performance

Shares of AECOM stock traded up $0.14 on Monday, reaching $112.93. 807,010 shares of the stock were exchanged, compared to its average volume of 928,975. The firm's 50 day moving average is $107.16 and its 200-day moving average is $103.06. AECOM has a one year low of $82.23 and a one year high of $118.56. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.15 and a current ratio of 1.15. The firm has a market cap of $14.94 billion, a PE ratio of 24.60, a P/E/G ratio of 1.83 and a beta of 0.97.

AECOM (NYSE:ACM - Get Free Report) last released its earnings results 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 27.67% and a net margin of 3.85%. The company's quarterly revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.04 earnings per share. As a group, analysts anticipate that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Dividend Announcement

The firm also recently announced 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. This represents a $1.04 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend is Wednesday, July 2nd. AECOM's dividend payout ratio is presently 22.66%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Citigroup raised 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 increased their target price 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. Truist Financial dropped 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. KeyCorp cut their price target on AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Finally, Royal Bank Of Canada raised their price objective on AECOM from $123.00 to $126.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 7th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, AECOM currently has an average rating of "Buy" and a consensus price target 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.