AECOM (NYSE:ACM) Shares Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP lifted its stake in shares of AECOM (NYSE:ACM - Free Report) by 31.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 13,126 shares of the construction company's stock after buying an additional 3,107 shares during the quarter. GSA Capital Partners LLP's holdings in AECOM were worth $1,217,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. TCTC Holdings LLC raised its holdings in shares of AECOM by 120.3% during the 1st quarter. TCTC Holdings LLC now owns 304 shares of the construction company's stock valued at $28,000 after buying an additional 166 shares during the period. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in shares of AECOM during the 4th quarter valued at about $35,000. Private Trust Co. NA raised its holdings in shares of AECOM by 37.2% during the 1st quarter. Private Trust Co. NA now owns 413 shares of the construction company's stock valued at $38,000 after buying an additional 112 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in shares of AECOM by 148.7% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 592 shares of the construction company's stock valued at $55,000 after buying an additional 354 shares during the period. Finally, Kapitalo Investimentos Ltda purchased a new stake in shares of AECOM during the 4th quarter valued at about $62,000. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ACM shares. KeyCorp lifted their price objective on AECOM from $120.00 to $129.00 and gave the stock an "overweight" rating in a report on Wednesday, July 16th. Truist Financial dropped their price objective on AECOM from $129.00 to $121.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. 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. Citigroup restated a "buy" rating and set a $137.00 price objective (up from $122.00) on shares of AECOM in a report on Monday. Finally, Royal Bank Of Canada lifted their price objective on AECOM from $123.00 to $126.00 and gave the stock an "outperform" rating in a report on Wednesday, May 7th. Eight analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $125.86.

AECOM Stock Performance

Shares of ACM traded down $1.70 during mid-day trading on Friday, hitting $111.04. The stock had a trading volume of 1,067,314 shares, compared to its average volume of 811,481. The company has a market cap of $14.69 billion, a PE ratio of 24.19, a PEG ratio of 1.82 and a beta of 0.99. The company's fifty day simple moving average is $112.35 and its two-hundred day simple moving average is $104.14. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.00. AECOM has a fifty-two week low of $84.75 and a fifty-two week high of $118.56.

AECOM (NYSE:ACM - Get Free Report) last issued its earnings results on Monday, May 5th. The construction company reported $1.25 EPS for the quarter, topping the consensus estimate of $1.15 by $0.10. The company had revenue of $3.77 billion during the quarter, compared to analyst estimates of $4.18 billion. AECOM had a return on equity of 27.67% and a net margin of 3.85%. The business's revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.04 EPS. On average, equities analysts expect that AECOM will post 5.1 earnings per share for the current year.

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Wednesday, July 2nd were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, July 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. AECOM's 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.