Blair William & Co. IL Takes Position in AECOM $ACM

Key Points

• Blair William & Co. has acquired a new stake in AECOM, purchasing 3,956 shares valued at approximately $446,000 during the second quarter.
• AECOM's most recent earnings report showed an EPS of $1.34, exceeding analysts' estimates of $1.25, and revenue increased by 6.2% year-over-year.
• The company has announced a quarterly dividend of $0.26, resulting in an annualized dividend of $1.04 with a yield of 0.8%.

Blair William & Co. IL acquired a new stake in AECOM (NYSE:ACM - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,956 shares of the construction company's stock, valued at approximately $446,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. TCTC Holdings LLC boosted its stake in shares of AECOM by 120.3% in the first quarter. TCTC Holdings LLC now owns 304 shares of the construction company's stock valued at $28,000 after purchasing an additional 166 shares during the period. MAI Capital Management purchased a new position in shares of AECOM in the first quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of AECOM by 212.9% in the first quarter. Caitong International Asset Management Co. Ltd now owns 316 shares of the construction company's stock valued at $29,000 after purchasing an additional 215 shares during the period. SVB Wealth LLC purchased a new position in shares of AECOM in the first quarter valued at approximately $33,000. Finally, Private Trust Co. NA boosted its stake in shares of AECOM by 37.2% in the first quarter. Private Trust Co. NA now owns 413 shares of the construction company's stock valued at $38,000 after purchasing an additional 112 shares during the period. Hedge funds and other institutional investors own 85.41% of the company's stock.

AECOM Stock Performance

Shares of AECOM stock opened at $131.07 on Friday. The firm's fifty day simple moving average is $126.97 and its 200-day simple moving average is $113.84. The stock has a market capitalization of $17.36 billion, a price-to-earnings ratio of 28.56, a PEG ratio of 1.77 and a beta of 1.03. AECOM has a 12 month low of $85.00 and a 12 month high of $133.85. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.17 and a quick ratio of 1.17.

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

AECOM Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Wednesday, October 1st were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, October 1st. AECOM's payout ratio is presently 22.66%.

Analyst Ratings Changes

Several research firms have recently commented on ACM. UBS Group raised their price objective on shares of AECOM from $126.00 to $139.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Citigroup reiterated a "buy" rating and issued a $137.00 price target (up previously from $122.00) on shares of AECOM in a research note on Monday, July 28th. Barclays lifted their price target on shares of AECOM from $120.00 to $130.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 12th. KeyCorp lifted their price target on shares of AECOM from $129.00 to $131.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 6th. Finally, Wall Street Zen downgraded shares of AECOM from a "buy" rating to a "hold" rating in a research note on Saturday, October 11th. Eleven investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $133.20.

Insider Activity at AECOM

In other news, CEO Troy Rudd sold 53,097 shares of AECOM stock in a transaction on 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 legal filing with the SEC, which can be accessed through this hyperlink. 0.41% of the stock is owned by insiders.

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.

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