AECOM (NYSE:ACM) Shares Bought by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of AECOM (NYSE:ACM - Free Report) by 5.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 936,607 shares of the construction company's stock after purchasing an additional 49,985 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.71% of AECOM worth $100,048,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of ACM. Wealth Enhancement Advisory Services LLC increased its holdings in AECOM by 1.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,830 shares of the construction company's stock worth $809,000 after purchasing an additional 109 shares during the period. TT International Asset Management LTD purchased a new stake in AECOM during the 4th quarter worth about $3,578,000. Fiduciary Alliance LLC purchased a new stake in AECOM during the 4th quarter worth about $655,000. Fifth Third Wealth Advisors LLC increased its holdings in AECOM by 10.4% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 4,093 shares of the construction company's stock worth $437,000 after purchasing an additional 385 shares during the period. Finally, Park Avenue Securities LLC increased its holdings in AECOM by 176.9% during the 4th 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. Hedge funds and other institutional investors own 85.41% of the company's stock.

AECOM Stock Performance

Shares of NYSE ACM traded up $1.20 during trading hours on Friday, reaching $109.48. The stock had a trading volume of 710,407 shares, compared to its average volume of 917,489. The firm has a market cap of $14.48 billion, a price-to-earnings ratio of 31.10, a PEG ratio of 1.63 and a beta of 0.96. 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 has a fifty-two week low of $82.23 and a fifty-two week high of $118.56. The firm has a 50-day moving average of $96.63 and a 200-day moving average of $103.53.

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

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 0.95%. AECOM's payout ratio is 22.66%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Truist Financial cut their price target on AECOM from $129.00 to $121.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Robert W. Baird increased their price objective on AECOM from $108.00 to $118.00 and gave the company an "outperform" rating in a report on Tuesday, May 6th. Citigroup increased their price objective on AECOM from $116.00 to $122.00 and gave the company a "buy" rating in a report on Wednesday, May 7th. Barclays increased their price objective on AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Finally, KeyCorp dropped their price objective on AECOM from $121.00 to $109.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $119.00.

About AECOM

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.