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The Manufacturers Life Insurance Company Takes $94.43 Million Position in AECOM $ACM

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Key Points

  • The Manufacturers Life Insurance Company acquired 1.35 million AECOM shares worth approximately $94.4 million, giving it a 1.05% stake. Institutional investors collectively own 85.41% of the company.
  • AECOM’s shares opened at $62.75, near the lower end of their 52-week range, while the stock’s 50-day and 200-day moving averages stood at $68.80 and $78.68, respectively.
  • Analysts maintain a consensus “Moderate Buy” rating with an average price target of $89.58. AECOM also pays a quarterly dividend of $0.31, equivalent to a 2.0% annualized yield.
  • MarketBeat previews the top five stocks to own by September 1st.

The Manufacturers Life Insurance Company bought a new position in AECOM (NYSE:ACM - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,352,854 shares of the construction company's stock, valued at approximately $94,429,000. The Manufacturers Life Insurance Company owned about 1.05% of AECOM as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its holdings in AECOM by 86.7% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 280 shares of the construction company's stock valued at $27,000 after acquiring an additional 130 shares during the period. Caitong International Asset Management Co. Ltd increased its holdings in shares of AECOM by 95.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company's stock valued at $28,000 after purchasing an additional 144 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of AECOM by 189.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company's stock valued at $34,000 after purchasing an additional 195 shares in the last quarter. Western Wealth Management LLC acquired a new position in shares of AECOM in the 1st quarter valued at $36,000. Finally, Compass Financial Management LLC purchased a new stake in AECOM during the second quarter worth $36,000. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

AECOM Stock Performance

Shares of NYSE:ACM opened at $62.75 on Wednesday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.06 and a quick ratio of 1.06. AECOM has a 1 year low of $60.35 and a 1 year high of $135.52. The firm has a market capitalization of $8.08 billion, a PE ratio of 28.78, a P/E/G ratio of 4.38 and a beta of 0.93. The business's 50 day moving average price is $68.80 and its 200-day moving average price is $78.68.

AECOM (NYSE:ACM - Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The construction company reported ($0.50) EPS for the quarter, missing the consensus estimate of $1.46 by ($1.96). AECOM had a net margin of 1.87% and a return on equity of 19.72%. The firm had revenue of $3.59 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same period in the prior year, the company posted $1.34 earnings per share. The firm's revenue for the quarter was down 14.2% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. As a group, equities research analysts expect that AECOM will post 3.98 earnings per share for the current fiscal year.

AECOM Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Wednesday, July 1st were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Wednesday, July 1st. AECOM's dividend payout ratio (DPR) is currently 56.88%.

Wall Street Analyst Weigh In

Several research firms recently commented on ACM. Citigroup dropped their price target on shares of AECOM from $97.00 to $84.00 and set a "buy" rating on the stock in a research report on Wednesday, August 12th. Piper Sandler set a $79.00 price target on AECOM in a report on Wednesday, August 12th. Argus dropped their price objective on AECOM from $85.00 to $75.00 and set a "buy" rating on the stock in a report on Tuesday. UBS Group set a $85.00 target price on AECOM in a research note on Wednesday, August 12th. Finally, Royal Bank Of Canada dropped their price target on shares of AECOM from $105.00 to $90.00 and set an "outperform" rating on the stock in a research note on Thursday, August 13th. Nine investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $89.58.

Read Our Latest Stock Report on ACM

Insiders Place Their Bets

In other AECOM news, President Lara Poloni purchased 4,224 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were purchased at an average cost of $70.63 per share, for a total transaction of $298,341.12. Following the completion of the transaction, the president owned 153,446 shares of the company's stock, valued at $10,837,890.98. The trade was a 2.83% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.46% of the company's stock.

AECOM Company Profile

(Free Report)

AECOM is a multinational infrastructure consulting firm that provides a broad range of professional technical and management services. Its core offerings include architecture and engineering design, program and construction management, environmental remediation and consulting, and operations and maintenance support. The company works across the full project lifecycle from planning and design through construction and long‑term asset management.

AECOM serves public- and private-sector clients in major built-environment markets, including transportation (roads, bridges, rail, airports), water and wastewater systems, buildings and places, energy and power, and environmental services.

Read More

Want to see what other hedge funds are holding ACM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AECOM (NYSE:ACM - Free Report).

Institutional Ownership by Quarter for AECOM (NYSE:ACM)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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