AECOM (NYSE:ACM) Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its position in AECOM (NYSE:ACM - Free Report) by 3.3% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 101,196 shares of the construction company's stock after buying an additional 3,258 shares during the period. Robeco Institutional Asset Management B.V. owned 0.08% of AECOM worth $9,384,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of ACM. Atria Wealth Solutions Inc. purchased a new position in AECOM in the fourth quarter worth $217,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of AECOM in the 4th quarter worth $572,000. IFP Advisors Inc boosted its position in shares of AECOM by 1,409.7% in the 4th quarter. IFP Advisors Inc now owns 2,174 shares of the construction company's stock worth $232,000 after purchasing an additional 2,030 shares in the last quarter. National Pension Service purchased a new position in AECOM during the 4th quarter worth $32,000. Finally, Mn Services Vermogensbeheer B.V. increased its position in AECOM by 5.0% during the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 56,300 shares of the construction company's stock valued at $6,014,000 after buying an additional 2,700 shares in the last quarter. Hedge funds and other institutional investors own 85.41% of the company's stock.

Analysts Set New Price Targets

ACM has been the subject of several recent analyst reports. KeyCorp lowered their price target on AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Royal Bank Of Canada increased their price objective 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. Truist Financial dropped their target price on shares of AECOM from $129.00 to $121.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Robert W. Baird upped their price target 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, Citigroup lifted their price objective on shares of AECOM from $116.00 to $122.00 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $120.86.

AECOM Stock Performance

ACM traded up $1.33 during trading on Thursday, reaching $115.79. 441,531 shares of the company's stock were exchanged, compared to its average volume of 925,952. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.15 and a quick ratio of 1.15. AECOM has a 1 year low of $82.23 and a 1 year high of $118.56. The company's fifty day simple moving average is $107.94 and its 200-day simple moving average is $103.22. The stock has a market capitalization of $15.32 billion, a P/E ratio of 25.23, a price-to-earnings-growth ratio of 1.84 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 the consensus estimate of $1.15 by $0.10. The firm had revenue of $3.77 billion during the quarter, compared to analysts' expectations of $4.18 billion. AECOM had a net margin of 3.85% and a return on equity of 27.67%. The firm's revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.04 earnings per share. As a group, research analysts predict that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Wednesday, July 2nd will be issued a $0.26 dividend. The ex-dividend date is Wednesday, July 2nd. This represents a $1.04 annualized dividend and a dividend yield of 0.90%. AECOM's dividend payout ratio (DPR) is presently 22.66%.

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.