Nebula Research & Development LLC acquired a new stake in AECOM (NYSE:ACM - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,330 shares of the construction company's stock, valued at approximately $1,103,000.
Several other institutional investors and hedge funds have also made changes to their positions in ACM. Prudential Financial Inc. increased its holdings in AECOM by 16.6% during the 4th quarter. Prudential Financial Inc. now owns 27,524 shares of the construction company's stock worth $2,940,000 after purchasing an additional 3,921 shares during the period. Magnus Financial Group LLC increased its stake in shares of AECOM by 93.5% during the fourth quarter. Magnus Financial Group LLC now owns 4,860 shares of the construction company's stock valued at $519,000 after buying an additional 2,348 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of AECOM by 40.1% in the third quarter. JPMorgan Chase & Co. now owns 768,266 shares of the construction company's stock valued at $79,339,000 after acquiring an additional 220,035 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in AECOM in the fourth quarter worth about $9,705,000. Finally, TT International Asset Management LTD purchased a new position in AECOM during the 4th quarter valued at about $3,578,000. 85.41% of the stock is currently owned by institutional investors.
AECOM Price Performance
NYSE ACM traded up $1.61 on Thursday, hitting $100.26. The company had a trading volume of 915,674 shares, compared to its average volume of 910,521. 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 has a 12-month low of $82.23 and a 12-month high of $118.56. The company has a market capitalization of $13.30 billion, a PE ratio of 28.48, a PEG ratio of 1.63 and a beta of 1.03. The company's fifty day moving average price is $94.70 and its 200-day moving average price is $103.71.
AECOM (NYSE:ACM - Get Free Report) last posted its quarterly earnings results on Monday, February 3rd. The construction company reported $1.31 EPS for the quarter, topping the consensus estimate of $1.10 by $0.21. AECOM had a return on equity of 26.84% and a net margin of 2.93%. As a group, analysts predict that AECOM will post 5.1 earnings per share for the current year.
AECOM Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend was Wednesday, April 2nd. AECOM's payout ratio is 29.55%.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on the company. Citigroup dropped their price objective on AECOM from $127.00 to $116.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. KeyCorp cut their price objective on shares of AECOM from $121.00 to $109.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Truist Financial decreased their target price on shares of AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Barclays lifted their price target on shares of AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Finally, Robert W. Baird decreased their price objective on AECOM from $125.00 to $117.00 and set an "outperform" rating for the company in a report on Tuesday, February 4th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target of $116.50.
View Our Latest Report on AECOM
AECOM Company Profile
(
Free Report)
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.
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