Nisa Investment Advisors LLC Sells 13,648 Shares of AECOM (NYSE:ACM)

Nisa Investment Advisors LLC trimmed its stake in shares of AECOM (NYSE:ACM - Free Report) by 18.8% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 58,929 shares of the construction company's stock after selling 13,648 shares during the period. Nisa Investment Advisors LLC's holdings in AECOM were worth $5,464,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Marshall & Sterling Wealth Advisors Inc. purchased a new position in shares of AECOM during the fourth quarter valued at approximately $35,000. Private Trust Co. NA raised its holdings in shares of AECOM by 37.2% during the first quarter. Private Trust Co. NA now owns 413 shares of the construction company's stock valued at $38,000 after purchasing an additional 112 shares during the last quarter. Proficio Capital Partners LLC purchased a new position in shares of AECOM during the fourth quarter valued at approximately $55,000. MassMutual Private Wealth & Trust FSB raised its holdings in shares of AECOM by 148.7% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 592 shares of the construction company's stock valued at $55,000 after purchasing an additional 354 shares during the last quarter. Finally, Kapitalo Investimentos Ltda purchased a new position in shares of AECOM during the fourth quarter valued at approximately $62,000. 85.41% of the stock is owned by hedge funds and other institutional investors.

AECOM Price Performance

Shares of ACM traded down $1.18 during mid-day trading on Friday, reaching $114.46. The stock had a trading volume of 543,348 shares, compared to its average volume of 922,098. The firm has a market cap of $15.14 billion, a price-to-earnings ratio of 24.94, a PEG ratio of 1.87 and a beta of 0.96. AECOM has a 12 month low of $84.75 and a 12 month high of $118.56. The business has a fifty day moving average of $110.26 and a 200 day moving average of $103.55. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.15 and a current ratio of 1.15.

AECOM (NYSE:ACM - Get Free Report) last posted its quarterly earnings results 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 3.85% and a return on equity of 27.67%. The business had revenue of $3.77 billion during the quarter, compared to analyst estimates of $4.18 billion. During the same period in the prior year, the business posted $1.04 earnings per share. The company's revenue was up 2.6% on a year-over-year basis. Equities analysts predict that AECOM will post 5.1 EPS for the current year.

AECOM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 18th. Investors of record on Wednesday, July 2nd will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, July 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.91%. AECOM's dividend payout ratio is 22.66%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on ACM shares. Citigroup boosted their target price on shares of AECOM from $116.00 to $122.00 and gave the company a "buy" rating in a research report on Wednesday, May 7th. Robert W. Baird boosted their target price 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. KeyCorp cut 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. Truist Financial cut 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 company an "outperform" rating in a research report on Wednesday, May 7th. Eight research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and an average target price of $120.86.

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.