AECOM (NYSE:ACM) Short Interest Update

AECOM (NYSE:ACM - Get Free Report) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 1,200,000 shares, an increase of 13.2% from the April 15th total of 1,060,000 shares. Based on an average daily volume of 722,400 shares, the short-interest ratio is presently 1.7 days. Approximately 0.9% of the shares of the stock are short sold.

AECOM Stock Down 0.4 %

AECOM stock traded down $0.36 during mid-day trading on Wednesday, hitting $91.08. The company had a trading volume of 641,737 shares, compared to its average volume of 734,656. The company has a market capitalization of $12.40 billion, a PE ratio of -1,011.89, a price-to-earnings-growth ratio of 1.29 and a beta of 1.23. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.88. AECOM has a 12 month low of $74.40 and a 12 month high of $98.72. The stock's 50 day moving average price is $94.25 and its two-hundred day moving average price is $90.35.

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

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 10th. Stockholders of record on Wednesday, April 24th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.97%. The ex-dividend date was Tuesday, April 23rd. AECOM's payout ratio is -977.67%.

Insider Transactions at AECOM

In other news, Director Douglas Stotlar sold 7,179 shares of the company's stock in a transaction on Friday, May 10th. The stock was sold at an average price of $93.51, for a total transaction of $671,308.29. Following the sale, the director now owns 34,667 shares of the company's stock, valued at $3,241,711.17. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.42% of the company's stock.

Institutional Investors Weigh In On AECOM

Several hedge funds and other institutional investors have recently modified their holdings of the business. EntryPoint Capital LLC purchased a new position in AECOM during the 1st quarter worth $25,000. Ables Iannone Moore & Associates Inc. purchased a new position in AECOM during the 4th quarter worth $28,000. Creekmur Asset Management LLC purchased a new position in AECOM during the 4th quarter worth $28,000. Rise Advisors LLC purchased a new position in AECOM during the 1st quarter worth $31,000. Finally, GAMMA Investing LLC purchased a new position in shares of AECOM in the 4th quarter valued at $35,000. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on ACM. KeyCorp raised their target price on shares of AECOM from $104.00 to $105.00 and gave the company an "overweight" rating in a research note on Friday, April 19th. Robert W. Baird upped their price target on shares of AECOM from $104.00 to $110.00 and gave the company an "outperform" rating in a research report on Tuesday, May 7th. Barclays raised their target price on shares of AECOM from $90.00 to $100.00 and gave the company an "overweight" rating in a research note on Tuesday, February 13th. Truist Financial reiterated a "buy" rating and set a $113.00 target price (up previously from $106.00) on shares of AECOM in a research report on Wednesday, May 8th. Finally, TheStreet upgraded shares of AECOM from a "c+" rating to a "b" rating in a research report on Monday, February 5th. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price 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.