AECOM (NYSE:ACM) Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. boosted its position in shares of AECOM (NYSE:ACM - Free Report) by 63.8% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,657 shares of the construction company's stock after purchasing an additional 6,100 shares during the quarter. Oppenheimer & Co. Inc.'s holdings in AECOM were worth $1,452,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of ACM. Alliancebernstein L.P. increased its holdings in AECOM by 11.2% during the fourth quarter. Alliancebernstein L.P. now owns 3,718,371 shares of the construction company's stock valued at $397,196,000 after buying an additional 373,991 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in AECOM by 34.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,680,258 shares of the construction company's stock valued at $286,305,000 after acquiring an additional 691,020 shares in the last quarter. Norges Bank purchased a new position in shares of AECOM in the 4th quarter valued at $190,495,000. Northern Trust Corp lifted its stake in shares of AECOM by 53.5% during the 4th quarter. Northern Trust Corp now owns 1,664,893 shares of the construction company's stock worth $177,844,000 after purchasing an additional 580,078 shares during the last quarter. Finally, FMR LLC lifted its stake in shares of AECOM by 2.9% during the 4th quarter. FMR LLC now owns 1,360,510 shares of the construction company's stock worth $145,330,000 after purchasing an additional 38,177 shares during the last quarter. 85.41% of the stock is owned by institutional investors.

AECOM Stock Performance

Shares of NYSE ACM traded up $1.12 during midday trading on Tuesday, reaching $113.98. The company had a trading volume of 659,955 shares, compared to its average volume of 927,852. AECOM has a 1 year low of $82.23 and a 1 year high of $118.56. The business's 50-day simple moving average is $107.56 and its 200 day simple moving average is $103.14. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 1.00. The stock has a market cap of $15.08 billion, a P/E ratio of 24.83, a P/E/G ratio of 1.83 and a beta of 0.96.

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

AECOM Announces Dividend

The company 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 $0.26 dividend. The ex-dividend date is Wednesday, July 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 0.91%. AECOM's dividend payout ratio is currently 22.66%.

Analyst Upgrades and Downgrades

ACM has been the subject of a number of recent research reports. 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 report on Wednesday, May 7th. KeyCorp reduced their price objective on shares of AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Citigroup increased 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. Truist Financial cut their price target on shares of AECOM from $129.00 to $121.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Finally, Robert W. Baird increased their price objective on AECOM from $108.00 to $118.00 and gave the company an "outperform" rating in a report on Tuesday, May 6th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, AECOM currently has an average rating of "Buy" and an average target price of $120.86.

AECOM 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.