National Bank of Canada FI Acquires 3,861 Shares of AECOM $ACM

National Bank of Canada FI increased its position in AECOM (NYSE:ACM - Free Report) by 5.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 77,335 shares of the construction company's stock after buying an additional 3,861 shares during the period. National Bank of Canada FI owned 0.06% of AECOM worth $7,170,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Cordatus Wealth Management LLC increased its holdings in AECOM by 3.7% in the first quarter. Cordatus Wealth Management LLC now owns 2,867 shares of the construction company's stock worth $266,000 after buying an additional 101 shares during the last quarter. Private Trust Co. NA increased its holdings in AECOM by 37.2% in the first quarter. Private Trust Co. NA now owns 413 shares of the construction company's stock worth $38,000 after buying an additional 112 shares during the last quarter. Ellevest Inc. increased its holdings in AECOM by 2.2% in the fourth quarter. Ellevest Inc. now owns 5,820 shares of the construction company's stock worth $622,000 after buying an additional 124 shares during the last quarter. Gateway Investment Advisers LLC increased its holdings in AECOM by 7.8% in the first quarter. Gateway Investment Advisers LLC now owns 2,196 shares of the construction company's stock worth $204,000 after buying an additional 158 shares during the last quarter. Finally, TCTC Holdings LLC increased its holdings in AECOM by 120.3% in the first quarter. TCTC Holdings LLC now owns 304 shares of the construction company's stock worth $28,000 after buying an additional 166 shares during the last quarter. Institutional investors and hedge funds own 85.41% of the company's stock.

AECOM Stock Performance

Shares of ACM traded up $0.44 during mid-day trading on Monday, hitting $120.01. The company's stock had a trading volume of 103,889 shares, compared to its average volume of 984,561. AECOM has a one year low of $85.00 and a one year high of $122.04. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.17 and a current ratio of 1.17. The firm has a market capitalization of $15.89 billion, a PE ratio of 26.15, a price-to-earnings-growth ratio of 1.77 and a beta of 0.99. The stock's 50-day moving average is $114.19 and its two-hundred day moving average is $104.84.

AECOM (NYSE:ACM - Get Free Report) last issued its earnings results on Monday, August 4th. The construction company reported $1.34 EPS for the quarter, topping the consensus estimate of $1.25 by $0.09. AECOM had a return on equity of 27.87% and a net margin of 3.82%. The firm had revenue of $1.94 billion during the quarter, compared to analysts' expectations of $4.33 billion. During the same period last year, the business earned $1.16 earnings per share. AECOM's quarterly revenue was up 6.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that AECOM will post 5.1 EPS for the current year.

AECOM Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Wednesday, July 2nd were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, July 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.9%. AECOM's dividend payout ratio (DPR) is presently 22.66%.

Wall Street Analyst Weigh In

A number of research firms recently commented on ACM. Wall Street Zen upgraded AECOM from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Royal Bank Of Canada increased 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. UBS Group increased their price target on AECOM from $126.00 to $139.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Robert W. Baird increased their price target on AECOM from $108.00 to $118.00 and gave the company an "outperform" rating in a report on Tuesday, May 6th. Finally, KeyCorp increased their price target on AECOM from $129.00 to $131.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Ten research analysts have rated the stock with a buy rating, According to MarketBeat.com, AECOM currently has a consensus rating of "Buy" and an average target price of $128.44.

AECOM Company 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.