AECOM (NYSE:ACM) Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System decreased its position in shares of AECOM (NYSE:ACM - Free Report) by 3.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 264,123 shares of the construction company's stock after selling 9,127 shares during the period. California State Teachers Retirement System owned 0.20% of AECOM worth $28,214,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. 111 Capital purchased a new position in shares of AECOM during the fourth quarter valued at approximately $330,000. Wealth Enhancement Advisory Services LLC lifted its stake in shares of AECOM by 27.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,825 shares of the construction company's stock valued at $1,050,000 after buying an additional 2,104 shares during the period. Lansforsakringar Fondforvaltning AB publ purchased a new position in shares of AECOM during the fourth quarter valued at approximately $4,589,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of AECOM during the fourth quarter valued at approximately $16,957,000. Finally, Jefferies Financial Group Inc. purchased a new position in shares of AECOM during the fourth quarter valued at approximately $348,000. Hedge funds and other institutional investors own 85.41% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ACM. Royal Bank of Canada upped 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. Truist Financial cut their price target on shares of AECOM from $129.00 to $121.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Citigroup increased their price target on shares of AECOM from $116.00 to $122.00 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. KeyCorp cut their price target on shares of AECOM from $121.00 to $109.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Finally, Barclays increased their price target on shares of AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, AECOM presently has a consensus rating of "Buy" and an average target price of $120.86.

AECOM Trading Up 1.0%

Shares of AECOM stock traded up $1.12 during trading hours on Friday, hitting $109.91. The company's stock had a trading volume of 2,196,935 shares, compared to its average volume of 909,730. AECOM has a 1-year low of $82.23 and a 1-year high of $118.56. The business has a fifty day moving average of $99.30 and a 200 day moving average of $103.39. The company has a market capitalization of $14.54 billion, a PE ratio of 31.22, a P/E/G ratio of 1.63 and a beta of 0.96. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02.

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 analyst estimates of $4.18 billion. During the same quarter in the prior year, the business earned $1.04 earnings per share. The business's quarterly revenue was up 2.6% compared to the same quarter last year. As a group, equities analysts forecast that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd were given a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.95%. The ex-dividend date of this dividend was Wednesday, April 2nd. AECOM's payout ratio is currently 22.66%.

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.