Asset Management One Co. Ltd. raised its holdings in AECOM (NYSE:ACM - Free Report) by 3.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 111,206 shares of the construction company's stock after acquiring an additional 3,362 shares during the quarter. Asset Management One Co. Ltd. owned about 0.08% of AECOM worth $10,312,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of ACM. Principal Securities Inc. boosted its stake in AECOM by 95.9% in the fourth 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 boosted its stake in AECOM by 390.6% in the fourth quarter. Allworth Financial LP now owns 260 shares of the construction company's stock valued at $29,000 after acquiring an additional 207 shares during the last quarter. Truist Financial Corp boosted its stake in AECOM by 28.7% in the fourth quarter. Truist Financial Corp now owns 9,851 shares of the construction company's stock valued at $1,052,000 after acquiring an additional 2,194 shares during the last quarter. Atria Wealth Solutions Inc. bought a new position in AECOM in the fourth quarter valued at approximately $217,000. Finally, Private Advisor Group LLC boosted its stake in AECOM by 265.5% in the fourth quarter. Private Advisor Group LLC now owns 11,505 shares of the construction company's stock valued at $1,229,000 after acquiring an additional 8,357 shares during the last quarter. 85.41% of the stock is owned by institutional investors.
AECOM Stock Up 0.6%
Shares of NYSE:ACM traded up $0.63 during midday trading on Friday, reaching $112.84. 1,045,540 shares of the company were exchanged, compared to its average volume of 931,422. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.00. The stock has a fifty day simple moving average of $106.37 and a two-hundred day simple moving average of $103.18. The firm has a market cap of $14.93 billion, a PE ratio of 24.58, a P/E/G ratio of 1.80 and a beta of 0.97.
AECOM (NYSE:ACM - Get Free Report) last issued 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. AECOM had a net margin of 3.85% and a return on equity of 27.67%. The business had revenue of $3.77 billion for the quarter, compared to analyst estimates of $4.18 billion. During the same period last year, the business posted $1.04 earnings per share. The firm's quarterly revenue was up 2.6% on a year-over-year basis. As a group, sell-side analysts forecast that AECOM will post 5.1 earnings per share for the current year.
AECOM Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 18th. Investors of record on Wednesday, July 2nd will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, July 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.92%. AECOM's payout ratio is 22.66%.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on ACM shares. Royal Bank Of Canada lifted 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. Robert W. Baird lifted 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. KeyCorp reduced their price target on shares of AECOM from $121.00 to $109.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Citigroup lifted 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. Finally, Truist Financial reduced their price target on shares of AECOM from $129.00 to $121.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $120.86.
View Our Latest Research Report on ACM
AECOM Company Profile
(
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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