AECOM (NYSE:ACM) Director Sells $671,308.29 in Stock

AECOM (NYSE:ACM - Get Free Report) Director Douglas Stotlar sold 7,179 shares of the business's stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $93.51, for a total value of $671,308.29. Following the transaction, the director now owns 34,667 shares of the company's stock, valued at $3,241,711.17. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

AECOM Stock Down 1.1 %

Shares of NYSE:ACM traded down $1.05 during trading on Monday, hitting $92.00. 435,099 shares of the company's stock traded hands, compared to its average volume of 736,385. AECOM has a 52 week low of $74.40 and a 52 week high of $98.72. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.88. The company has a market cap of $12.52 billion, a price-to-earnings ratio of -1,033.77, a price-to-earnings-growth ratio of 1.31 and a beta of 1.23. The company has a 50-day moving average price of $94.11 and a 200-day moving average price of $90.12.

AECOM (NYSE:ACM - Get Free Report) last released its quarterly earnings data on Monday, May 6th. The construction company reported $1.04 earnings per share for the quarter, missing the consensus estimate of $1.05 by ($0.01). The business had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $1.80 billion. AECOM had a negative net margin of 0.09% and a positive return on equity of 22.73%. The company's revenue for the quarter was up 13.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.92 EPS. As a group, research analysts forecast that AECOM will post 4.49 EPS for the current fiscal year.

AECOM Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 10th. Stockholders of record on Wednesday, April 24th were given a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend was Tuesday, April 23rd. AECOM's dividend payout ratio is presently -977.67%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in ACM. Findlay Park Partners LLP increased its stake in AECOM by 22.6% in the 1st quarter. Findlay Park Partners LLP now owns 2,561,327 shares of the construction company's stock valued at $251,215,000 after buying an additional 472,944 shares during the last quarter. Norges Bank bought a new stake in AECOM during the fourth quarter worth about $159,060,000. Impax Asset Management Group plc boosted its position in AECOM by 6.9% during the third quarter. Impax Asset Management Group plc now owns 1,628,534 shares of the construction company's stock valued at $135,233,000 after purchasing an additional 105,454 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its stake in AECOM by 1.7% in the third quarter. Jacobs Levy Equity Management Inc. now owns 951,097 shares of the construction company's stock valued at $78,979,000 after purchasing an additional 16,182 shares in the last quarter. Finally, First Trust Advisors LP increased its position in shares of AECOM by 9.9% during the 4th quarter. First Trust Advisors LP now owns 886,451 shares of the construction company's stock worth $81,935,000 after purchasing an additional 79,760 shares during the last quarter. Institutional investors and hedge funds own 85.41% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Truist Financial restated a "buy" rating and set a $113.00 target price (up from $106.00) on shares of AECOM in a research report on Wednesday, May 8th. Citigroup boosted their target price on AECOM from $107.00 to $116.00 and gave the stock a "buy" rating in a research report on Monday, April 22nd. TheStreet upgraded AECOM from a "c+" rating to a "b" rating in a research report on Monday, February 5th. Royal Bank of Canada restated an "outperform" rating and set a $109.00 target price on shares of AECOM in a research report on Wednesday, February 7th. Finally, Barclays boosted their target price on AECOM from $90.00 to $100.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 13th. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $107.43.

AECOM Company 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.

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