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

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

Several other large investors have also modified their holdings of the company. Ranch Capital Advisors Inc. increased its position in AECOM by 2.3% in the 4th quarter. Ranch Capital Advisors Inc. now owns 4,482 shares of the construction company's stock worth $479,000 after buying an additional 99 shares during the period. Brown Brothers Harriman & Co. grew its stake in shares of AECOM by 17.5% in the fourth quarter. Brown Brothers Harriman & Co. now owns 691 shares of the construction company's stock worth $74,000 after acquiring an additional 103 shares during the last quarter. Avitas Wealth Management LLC increased its position in AECOM by 0.6% during the fourth quarter. Avitas Wealth Management LLC now owns 18,939 shares of the construction company's stock worth $2,023,000 after acquiring an additional 110 shares during the period. Principal Securities Inc. raised its stake in AECOM by 95.9% during the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock valued at $25,000 after purchasing an additional 116 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in AECOM by 24.3% during the 4th quarter. Smartleaf Asset Management LLC now owns 731 shares of the construction company's stock valued at $78,000 after purchasing an additional 143 shares during the last quarter. 85.41% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have recently issued reports on ACM shares. Citigroup boosted their price objective on shares of AECOM from $116.00 to $122.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Barclays boosted their price target on AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Royal Bank of Canada upped their price target on AECOM from $123.00 to $126.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. Robert W. Baird lifted their price objective on AECOM from $108.00 to $118.00 and gave the stock an "outperform" rating in a report on Tuesday, May 6th. Finally, KeyCorp cut their target price on AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $120.86.

AECOM Price Performance

Shares of ACM stock traded up $0.15 during trading hours on Monday, hitting $107.52. The company had a trading volume of 537,047 shares, compared to its average volume of 917,583. AECOM has a 12 month low of $82.23 and a 12 month high of $118.56. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.14 and a current ratio of 1.14. The firm's fifty day moving average is $98.18 and its 200 day moving average is $103.41. The firm has a market capitalization of $14.23 billion, a price-to-earnings ratio of 30.55, a PEG ratio of 1.63 and a beta of 0.96.

AECOM (NYSE:ACM - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The construction company reported $1.25 earnings per share for the quarter, beating analysts' consensus estimates of $1.15 by $0.10. The firm had revenue of $3.77 billion for the quarter, compared to analysts' expectations of $4.18 billion. AECOM had a return on equity of 26.84% and a net margin of 2.93%. The business's revenue was up 2.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.04 earnings per share. On average, sell-side analysts predict that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.97%. The ex-dividend date was Wednesday, April 2nd. AECOM's dividend payout ratio is currently 22.66%.

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.