Boston Partners Makes New $9.96 Million Investment in AECOM $ACM

Key Points

• Boston Partners has acquired a new stake in AECOM, purchasing approximately $9.96 million worth of shares, constituting about 0.08% of the company's total stock.
• AECOM reported a quarterly earnings result of $1.34 EPS, exceeding estimates, with a revenue of $1.94 billion for the quarter.
• Several analysts have recently raised their price targets for AECOM shares, with a consensus target price now at $128.44 and ten analysts rating the stock as a "buy."

Boston Partners bought a new position in AECOM (NYSE:ACM - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 107,432 shares of the construction company's stock, valued at approximately $9,963,000. Boston Partners owned about 0.08% of AECOM at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd boosted its holdings 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 acquiring an additional 215 shares in the last quarter. S Bank Fund Management Ltd bought a new position in shares of AECOM in the first quarter valued at approximately $1,912,000. National Pension Service boosted its holdings in shares of AECOM by 75.0% in the first quarter. National Pension Service now owns 525 shares of the construction company's stock valued at $49,000 after acquiring an additional 225 shares in the last quarter. Prudential PLC boosted its holdings in shares of AECOM by 7.4% in the first quarter. Prudential PLC now owns 14,007 shares of the construction company's stock valued at $1,299,000 after acquiring an additional 970 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. boosted its holdings in shares of AECOM by 7.0% in the first quarter. Resona Asset Management Co. Ltd. now owns 40,186 shares of the construction company's stock valued at $3,725,000 after acquiring an additional 2,617 shares in the last quarter. Institutional investors own 85.41% of the company's stock.

Insider Transactions at AECOM

In other AECOM news, CEO Troy Rudd sold 53,097 shares of the stock in a transaction that occurred 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.41% of the stock is currently owned by insiders.

AECOM Trading Down 0.6%

Shares of NYSE:ACM traded down $0.7240 during mid-day trading on Wednesday, hitting $120.0460. The stock had a trading volume of 256,188 shares, compared to its average volume of 979,272. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.17 and a current ratio of 1.17. The company has a market cap of $15.90 billion, a PE ratio of 26.14, a P/E/G ratio of 1.78 and a beta of 0.99. AECOM has a 12-month low of $85.00 and a 12-month high of $122.04. The company's 50 day moving average is $114.58 and its 200-day moving average is $105.06.

AECOM (NYSE:ACM - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The construction company reported $1.34 EPS for the quarter, beating the consensus estimate of $1.25 by $0.09. The business had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $4.33 billion. AECOM had a net margin of 3.82% and a return on equity of 27.87%. The firm's quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.16 EPS. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. On average, sell-side analysts predict that AECOM will post 5.1 EPS for the current year.

AECOM Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Wednesday, July 2nd were given a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Wednesday, July 2nd. AECOM's dividend payout ratio is 22.66%.

Analyst Ratings Changes

Several research analysts have recently issued reports on ACM shares. Wall Street Zen upgraded shares of AECOM from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Robert W. Baird increased their price objective on shares of AECOM from $108.00 to $118.00 and gave the company an "outperform" rating in a report on Tuesday, May 6th. Royal Bank Of Canada raised their target price on shares of AECOM from $123.00 to $126.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. Citigroup restated a "buy" rating and set a $137.00 target price (up from $122.00) on shares of AECOM in a report on Monday, July 28th. Finally, KeyCorp raised their target price on shares of AECOM from $129.00 to $131.00 and gave the stock an "overweight" rating in a report on Wednesday, August 6th. Nine equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $128.44.

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.