AECOM (NYSE:ACM) Shares Sold by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC cut its stake in shares of AECOM (NYSE:ACM - Free Report) by 3.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,205,755 shares of the construction company's stock after selling 84,227 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned approximately 1.66% of AECOM worth $235,619,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Principal Securities Inc. raised its position in AECOM by 95.9% during the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock worth $25,000 after buying an additional 116 shares during the last quarter. Allworth Financial LP boosted its position 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 purchased a new position in AECOM during the 4th quarter valued at about $32,000. Marshall & Sterling Wealth Advisors Inc. acquired a new position in shares of AECOM in the fourth quarter worth $35,000. Finally, Wingate Wealth Advisors Inc. acquired a new stake in AECOM during the fourth quarter worth approximately $51,000. 85.41% of the stock is owned by institutional investors and hedge funds.

AECOM Trading Down 0.5%

ACM traded down $0.59 on Wednesday, reaching $108.79. 136,252 shares of the company's stock were exchanged, compared to its average volume of 914,346. AECOM has a twelve month low of $82.23 and a twelve month high of $118.56. The company's 50 day moving average is $98.46 and its 200-day moving average is $103.45. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market cap of $14.39 billion, a price-to-earnings ratio of 30.89, a PEG ratio of 1.63 and a beta of 0.96.

AECOM (NYSE:ACM - Get Free Report) last released its quarterly earnings data on Monday, May 5th. The construction company reported $1.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.10. AECOM had a net margin of 2.93% and a return on equity of 26.84%. The company had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $4.18 billion. During the same period in the previous year, the firm earned $1.04 earnings per share. AECOM's revenue for the quarter was up 2.6% on a year-over-year basis. Equities analysts predict that AECOM will post 5.1 earnings per share for the current year.

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date was Wednesday, April 2nd. AECOM's dividend payout ratio is presently 22.66%.

Analyst Upgrades and Downgrades

Several research firms recently commented on ACM. Citigroup upped their target price on AECOM from $116.00 to $122.00 and gave the company a "buy" rating in a research note on Wednesday, May 7th. KeyCorp dropped their price objective on shares of AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Royal Bank of Canada increased their price objective on shares of AECOM from $123.00 to $126.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. Robert W. Baird boosted their target price on shares of AECOM from $108.00 to $118.00 and gave the company an "outperform" rating in a report on Tuesday, May 6th. Finally, Barclays upped their price target on shares of AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, AECOM currently has a consensus rating of "Buy" and a consensus price target of $120.86.

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.