Two Sigma Advisers LP Has $74.80 Million Position in AECOM (NYSE:ACM)

Two Sigma Advisers LP increased its holdings in AECOM (NYSE:ACM - Free Report) by 7.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 700,199 shares of the construction company's stock after buying an additional 48,800 shares during the quarter. Two Sigma Advisers LP owned about 0.53% of AECOM worth $74,795,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Prudential Financial Inc. grew its holdings in AECOM by 16.6% in the 4th quarter. Prudential Financial Inc. now owns 27,524 shares of the construction company's stock worth $2,940,000 after buying an additional 3,921 shares in the last quarter. Magnus Financial Group LLC lifted its position in AECOM by 93.5% in the fourth quarter. Magnus Financial Group LLC now owns 4,860 shares of the construction company's stock worth $519,000 after purchasing an additional 2,348 shares during the period. Raymond James Financial Inc. acquired a new stake in AECOM in the fourth quarter worth approximately $9,705,000. Park Avenue Securities LLC lifted its position in AECOM by 176.9% in the fourth quarter. Park Avenue Securities LLC now owns 7,239 shares of the construction company's stock worth $773,000 after purchasing an additional 4,625 shares during the period. Finally, Truist Financial Corp lifted its position in AECOM by 28.7% in the fourth quarter. Truist Financial Corp now owns 9,851 shares of the construction company's stock worth $1,052,000 after purchasing an additional 2,194 shares during the period. 85.41% of the stock is owned by institutional investors.

AECOM Price Performance

Shares of NYSE:ACM traded up $0.15 on Friday, reaching $107.52. 537,047 shares of the company traded hands, compared to its average volume of 917,583. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56. The company's 50 day moving average is $97.95 and its 200-day moving average is $103.48. The stock has a market capitalization of $14.23 billion, a PE ratio of 30.55, a P/E/G ratio of 1.63 and a beta of 0.96. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 1.14.

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

AECOM Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.97%. The ex-dividend date of this dividend was Wednesday, April 2nd. AECOM's dividend payout ratio (DPR) is currently 22.66%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Citigroup upped their target price on AECOM from $116.00 to $122.00 and gave the stock a "buy" rating in a research report on Wednesday, May 7th. Barclays upped their target price on AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Royal Bank of Canada upped their target price on AECOM from $123.00 to $126.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th. Truist Financial cut their target price on AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Finally, Robert W. Baird upped their target price on AECOM from $108.00 to $118.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 6th. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and an average 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.