Compound Planning Inc. Invests $202,000 in AECOM $ACM

Key Points

• Compound Planning Inc. acquired 2,183 shares of AECOM, valued at approximately $202,000, in the first quarter as per SEC filings.
• A number of analysts upgraded AECOM's stock price targets, with Citigroup now at $137.00 and UBS at $139.00, both maintaining their "buy" ratings.
• AECOM recently reported $1.34 EPS for the quarter, surpassing analysts' expectations, and announced a quarterly dividend yielding 0.8%.

Compound Planning Inc. acquired a new stake in shares of AECOM (NYSE:ACM - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,183 shares of the construction company's stock, valued at approximately $202,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ACM. Sandhill Capital Partners LLC raised its holdings in shares of AECOM by 41.4% in the first quarter. Sandhill Capital Partners LLC now owns 488,978 shares of the construction company's stock valued at $45,343,000 after buying an additional 143,228 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of AECOM by 14.3% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 317,837 shares of the construction company's stock valued at $29,473,000 after buying an additional 39,759 shares during the last quarter. Andina Capital Management LLC bought a new stake in AECOM during the 1st quarter worth about $359,000. Quantbot Technologies LP bought a new position in shares of AECOM in the 1st quarter valued at about $4,708,000. Finally, Wellington Management Group LLP boosted its stake in shares of AECOM by 27.4% in the 1st quarter. Wellington Management Group LLP now owns 16,056 shares of the construction company's stock valued at $1,489,000 after purchasing an additional 3,454 shares during the last quarter. 85.41% of the stock is owned by institutional investors.

AECOM Stock Down 0.4%

NYSE ACM traded down $0.50 during trading on Tuesday, hitting $124.40. The stock had a trading volume of 440,165 shares, compared to its average volume of 978,634. The company has a market capitalization of $16.48 billion, a PE ratio of 27.11, a P/E/G ratio of 1.85 and a beta of 0.99. The company's 50-day moving average price is $116.81 and its two-hundred day moving average price is $106.25. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.17 and a current ratio of 1.17. AECOM has a 12 month low of $85.00 and a 12 month high of $126.29.

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

AECOM Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Wednesday, July 2nd were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Wednesday, July 2nd. AECOM's dividend payout ratio is currently 22.66%.

Insider Buying and Selling

In other AECOM news, CEO Troy Rudd sold 53,097 shares of the company's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $119.56, for a total value of $6,348,277.32. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.41% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on ACM shares. Bank of America upped their price target on AECOM from $112.50 to $124.00 and gave the company a "buy" rating in a research note on Tuesday, August 5th. Barclays increased their price target on shares of AECOM from $120.00 to $130.00 and gave the company an "overweight" rating in a research report on Tuesday, August 12th. Wall Street Zen upgraded shares of AECOM from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. KeyCorp increased their price target on shares of AECOM from $129.00 to $131.00 and gave the company an "overweight" rating in a research report on Wednesday, August 6th. Finally, Robert W. Baird increased their price target on shares of AECOM from $108.00 to $118.00 and gave the company an "outperform" rating in a research report on Tuesday, May 6th. Nine investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price 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.