AECOM (NYSE:ACM) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in AECOM (NYSE:ACM - Free Report) by 34.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,680,258 shares of the construction company's stock after purchasing an additional 691,020 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 2.02% of AECOM worth $286,305,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of ACM. Park Avenue Securities LLC lifted its stake in shares of AECOM by 176.9% in the 4th quarter. Park Avenue Securities LLC now owns 7,239 shares of the construction company's stock valued at $773,000 after purchasing an additional 4,625 shares during the last quarter. HB Wealth Management LLC increased its holdings in AECOM by 41.1% in the 4th quarter. HB Wealth Management LLC now owns 4,732 shares of the construction company's stock valued at $505,000 after purchasing an additional 1,379 shares during the last quarter. UMB Bank n.a. increased its holdings in AECOM by 82.5% in the 4th quarter. UMB Bank n.a. now owns 708 shares of the construction company's stock valued at $76,000 after purchasing an additional 320 shares during the last quarter. Pure Financial Advisors LLC acquired a new stake in AECOM in the 4th quarter valued at approximately $223,000. Finally, Ballentine Partners LLC increased its holdings in AECOM by 3.6% in the 4th quarter. Ballentine Partners LLC now owns 4,137 shares of the construction company's stock valued at $442,000 after purchasing an additional 145 shares during the last quarter. Institutional investors and hedge funds own 85.41% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Truist Financial reduced 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. Royal Bank of Canada raised 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. Citigroup increased their target price on shares of AECOM from $116.00 to $122.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Robert W. Baird increased their target price on shares of AECOM from $108.00 to $118.00 and gave the stock an "outperform" rating in a report on Tuesday, May 6th. Finally, Barclays increased their target price on shares of AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, AECOM has an average rating of "Buy" and a consensus target price of $120.86.

AECOM Stock Up 0.1%

NYSE:ACM traded up $0.15 during mid-day trading on Friday, hitting $107.52. The stock had a trading volume of 537,047 shares, compared to its average volume of 917,583. The stock has a 50-day simple moving average of $97.95 and a two-hundred day simple moving average of $103.48. The company has a market capitalization of $14.23 billion, a PE ratio of 30.55, a PEG ratio of 1.63 and a beta of 0.96. AECOM has a twelve month low of $82.23 and a twelve month high of $118.56. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02.

AECOM (NYSE:ACM - Get Free Report) last issued its 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 firm had revenue of $3.77 billion for the quarter, compared to analysts' expectations of $4.18 billion. AECOM had a net margin of 2.93% and a return on equity of 26.84%. The firm's revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.04 earnings per share. On average, equities research analysts anticipate that AECOM will post 5.1 EPS for the current year.

AECOM Dividend Announcement

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

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.