AECOM (NYSE:ACM) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC cut its stake in AECOM (NYSE:ACM - Free Report) by 27.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 recently bought and sold shares of the company. Principal Securities Inc. grew its holdings in AECOM by 95.9% in the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock valued at $25,000 after buying an additional 116 shares during the last quarter. Allworth Financial LP boosted its stake in AECOM by 390.6% during the 4th quarter. Allworth Financial LP now owns 260 shares of the construction company's stock worth $29,000 after acquiring an additional 207 shares during the last quarter. National Pension Service acquired a new stake in shares of AECOM during the fourth quarter worth $32,000. Marshall & Sterling Wealth Advisors Inc. acquired a new position in AECOM during the 4th quarter worth approximately $35,000. Finally, Proficio Capital Partners LLC acquired a new position in AECOM during the fourth quarter valued at approximately $55,000. Institutional investors and hedge funds own 85.41% of the company's stock.

AECOM Price Performance

Shares of ACM stock traded up $1.08 during trading hours on Monday, hitting $113.07. 882,583 shares of the company's stock were exchanged, compared to its average volume of 907,951. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. The firm has a market cap of $14.96 billion, a P/E ratio of 32.12, a P/E/G ratio of 1.63 and a beta of 0.97. The firm has a 50 day moving average of $103.63 and a two-hundred day moving average of $103.20. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56.

AECOM (NYSE:ACM - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $4.18 billion. AECOM had a return on equity of 26.84% and a net margin of 2.93%. The company's quarterly revenue was up 2.6% on a year-over-year basis. During the same period last year, the company earned $1.04 EPS. Sell-side analysts forecast that AECOM will post 5.1 EPS for the current year.

AECOM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Wednesday, July 2nd will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend is Wednesday, July 2nd. AECOM's dividend payout ratio (DPR) is presently 22.66%.

Analysts Set New Price Targets

Several analysts recently weighed in on ACM shares. KeyCorp dropped 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. 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 research report on Tuesday, April 8th. Citigroup increased their target price on AECOM from $116.00 to $122.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th. 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 note on Wednesday, May 7th. Finally, Robert W. Baird lifted their price target on shares of AECOM from $108.00 to $118.00 and gave the stock an "outperform" rating in a report on Tuesday, May 6th. Eight analysts have rated the stock with a buy rating, According to MarketBeat, AECOM currently has an average rating of "Buy" and a consensus price target 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.