SG Americas Securities LLC Sells 27,226 Shares of AECOM (NYSE:ACM)

SG Americas Securities LLC cut its stake in AECOM (NYSE:ACM - Free Report) by 27.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,496 shares of the construction company's stock after selling 27,226 shares during the period. SG Americas Securities LLC owned 0.05% of AECOM worth $6,537,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Principal Securities Inc. lifted its holdings in AECOM by 95.9% in the fourth quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock worth $25,000 after buying an additional 116 shares during the period. Allworth Financial LP lifted its holdings in shares of AECOM by 390.6% during the fourth quarter. Allworth Financial LP now owns 260 shares of the construction company's stock valued at $29,000 after purchasing an additional 207 shares during the last quarter. National Pension Service purchased a new position in shares of AECOM during the fourth quarter valued at approximately $32,000. Marshall & Sterling Wealth Advisors Inc. purchased a new position in shares of AECOM during the fourth quarter valued at approximately $35,000. Finally, Proficio Capital Partners LLC purchased a new position in shares of AECOM during the fourth quarter valued at approximately $55,000. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

AECOM Stock Down 0.2%

Shares of ACM traded down $0.24 on Friday, hitting $111.89. 574,944 shares of the stock traded hands, compared to its average volume of 908,053. The company has a market capitalization of $14.80 billion, a PE ratio of 31.79, a P/E/G ratio of 1.63 and a beta of 0.97. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.14 and a current ratio of 1.14. The business has a 50 day simple moving average of $103.11 and a 200 day simple moving average of $103.22. AECOM has a one year low of $82.23 and a one year high of $118.56.

AECOM (NYSE:ACM - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The construction company reported $1.25 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.10. The company had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $4.18 billion. AECOM had a net margin of 2.93% and a return on equity of 26.84%. The firm's quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.04 earnings per share. As a group, equities analysts forecast that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 18th. Shareholders of record on Wednesday, July 2nd will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date is Wednesday, July 2nd. AECOM's dividend payout ratio (DPR) is presently 22.66%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ACM shares. KeyCorp lowered their target price on shares of 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 lifted their target price on shares of AECOM from $123.00 to $126.00 and gave the company an "outperform" rating in a report on Wednesday, May 7th. Citigroup lifted their target price on shares of AECOM from $116.00 to $122.00 and gave the company a "buy" rating in a report on Wednesday, May 7th. Truist Financial lowered their target price on shares of AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Finally, Robert W. Baird lifted their target price on shares of AECOM from $108.00 to $118.00 and gave the company an "outperform" rating in a report on Tuesday, May 6th. Eight research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of "Buy" and an average price target 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.