D. E. Shaw & Co. Inc. Has $2.43 Million Holdings in AECOM (NYSE:ACM)

D. E. Shaw & Co. Inc. lowered its holdings in AECOM (NYSE:ACM - Free Report) by 73.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,731 shares of the construction company's stock after selling 61,364 shares during the period. D. E. Shaw & Co. Inc.'s holdings in AECOM were worth $2,428,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in ACM. Norges Bank acquired a new position in shares of AECOM in the 4th quarter worth approximately $190,495,000. Northern Trust Corp increased its position in shares of AECOM by 53.5% in the fourth quarter. Northern Trust Corp now owns 1,664,893 shares of the construction company's stock worth $177,844,000 after acquiring an additional 580,078 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of AECOM by 11.2% in the fourth quarter. Alliancebernstein L.P. now owns 3,718,371 shares of the construction company's stock worth $397,196,000 after acquiring an additional 373,991 shares in the last quarter. Sandhill Capital Partners LLC purchased a new position in shares of AECOM in the fourth quarter worth approximately $36,933,000. Finally, Schonfeld Strategic Advisors LLC increased its position in shares of AECOM by 2,169.6% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 140,649 shares of the construction company's stock worth $15,024,000 after acquiring an additional 134,452 shares in the last quarter. Institutional investors and hedge funds own 85.41% of the company's stock.

AECOM Stock Performance

Shares of AECOM stock traded up $0.15 on Friday, reaching $107.52. The stock had a trading volume of 537,047 shares, compared to its average volume of 916,357. The business's 50-day moving average price is $97.95 and its two-hundred day moving average price is $103.56. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.14 and a current ratio of 1.14. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56. The stock has a market cap of $14.23 billion, a P/E ratio of 30.55, a price-to-earnings-growth ratio of 1.63 and a beta of 0.96.

AECOM (NYSE:ACM - Get Free Report) last issued its quarterly earnings data on Monday, May 5th. The construction company reported $1.25 earnings per share for the quarter, topping analysts' consensus estimates of $1.15 by $0.10. AECOM had a net margin of 2.93% and a return on equity of 26.84%. The business had revenue of $3.77 billion during the quarter, compared to analysts' expectations of $4.18 billion. During the same period in the previous year, the company earned $1.04 earnings per share. AECOM's revenue for the quarter was up 2.6% on a year-over-year basis. On average, 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 Thursday, April 17th. Stockholders of record on Wednesday, April 2nd were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date was Wednesday, April 2nd. AECOM's payout ratio is 22.66%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Barclays lifted their target price on shares of AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. KeyCorp decreased their target price on shares of AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Citigroup boosted their target price on shares of AECOM from $116.00 to $122.00 and gave the stock a "buy" rating in a research report on Wednesday, May 7th. Truist Financial decreased their target price on shares of AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Finally, Royal Bank of Canada boosted their target price 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. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $119.00.

About AECOM

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.