Quantbot Technologies LP Makes New Investment in AECOM $ACM

Key Points

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Quantbot Technologies LP bought a new stake in shares of AECOM (NYSE:ACM - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 50,772 shares of the construction company's stock, valued at approximately $4,708,000.

A number of other institutional investors also recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of 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 buying an additional 691,020 shares during the period. Northern Trust Corp boosted its stake in shares of AECOM by 33.2% during the 1st quarter. Northern Trust Corp now owns 2,218,412 shares of the construction company's stock valued at $205,713,000 after buying an additional 553,519 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of AECOM by 4.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,261,386 shares of the construction company's stock valued at $116,961,000 after buying an additional 55,466 shares during the period. Deutsche Bank AG lifted its stake in shares of AECOM by 2.7% in the 1st quarter. Deutsche Bank AG now owns 1,144,329 shares of the construction company's stock valued at $106,114,000 after purchasing an additional 29,748 shares during the last quarter. Finally, AGF Management Ltd. lifted its stake in shares of AECOM by 10.7% in the 1st quarter. AGF Management Ltd. now owns 964,757 shares of the construction company's stock valued at $89,462,000 after purchasing an additional 92,864 shares during the last quarter. Institutional investors and hedge funds own 85.41% of the company's stock.

AECOM Stock Performance

AECOM stock traded up $1.3060 on Friday, reaching $122.8860. 816,381 shares of the stock were exchanged, compared to its average volume of 773,828. The stock has a market cap of $16.28 billion, a PE ratio of 26.77, a PEG ratio of 1.82 and a beta of 0.99. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.91. AECOM has a twelve month low of $85.00 and a twelve month high of $124.65. The firm has a fifty day moving average price of $115.14 and a two-hundred day moving average price of $105.39.

AECOM (NYSE:ACM - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The construction company reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.09. AECOM had a net margin of 3.82% and a return on equity of 27.87%. The company had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $4.33 billion. During the same quarter in the previous year, the firm posted $1.16 EPS. The business's revenue was up 6.2% compared to the same quarter last year. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. Sell-side analysts anticipate that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Wednesday, July 2nd were paid a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, July 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. AECOM's payout ratio is presently 22.66%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ACM. Citigroup reaffirmed a "buy" rating and issued a $137.00 price objective (up previously from $122.00) on shares of AECOM in a research note on Monday, July 28th. Royal Bank Of Canada lifted their price objective on shares of AECOM from $123.00 to $126.00 and gave the company an "outperform" rating in a research note on Wednesday, May 7th. Bank of America lifted their price objective on shares of AECOM from $112.50 to $124.00 and gave the company a "buy" rating in a research note on Tuesday, August 5th. Robert W. Baird lifted their price objective on shares of AECOM from $108.00 to $118.00 and gave the company an "outperform" rating in a research note on Tuesday, May 6th. Finally, Barclays lifted their price objective on shares of AECOM from $120.00 to $130.00 and gave the company an "overweight" rating in a research note on Tuesday, August 12th. Nine investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $128.44.

Insiders Place Their Bets

In related news, CEO Troy Rudd sold 53,097 shares of the company's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $119.56, for a total value of $6,348,277.32. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.41% of the stock is currently owned by insiders.

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.