Impax Asset Management Group plc Has $140.23 Million Position in AECOM (NYSE:ACM)

Impax Asset Management Group plc cut its position in AECOM (NYSE:ACM - Free Report) by 6.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,517,137 shares of the construction company's stock after selling 111,397 shares during the period. Impax Asset Management Group plc owned 1.12% of AECOM worth $140,229,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Point72 Hong Kong Ltd acquired a new stake in shares of AECOM in the 1st quarter valued at about $25,000. Janiczek Wealth Management LLC acquired a new stake in shares of AECOM in the 3rd quarter valued at about $28,000. Manchester Capital Management LLC acquired a new position in AECOM during the 3rd quarter valued at about $38,000. Money Concepts Capital Corp acquired a new position in AECOM during the 4th quarter valued at about $55,000. Finally, Tobam acquired a new position in AECOM during the 4th quarter valued at about $58,000. 85.41% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ACM has been the subject of a number of analyst reports. KeyCorp started coverage on AECOM in a research note on Wednesday, January 10th. They set an "overweight" rating and a $104.00 price target for the company. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $109.00 price target on shares of AECOM in a report on Wednesday, February 7th. Truist Financial started coverage on shares of AECOM in a report on Thursday, March 14th. They issued a "buy" rating and a $106.00 price target on the stock. TheStreet raised AECOM from a "c+" rating to a "b" rating in a research note on Monday, February 5th. Finally, Robert W. Baird increased their target price on AECOM from $100.00 to $103.00 and gave the company an "outperform" rating in a research note on Tuesday, February 6th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $102.00.

AECOM Trading Down 1.6 %

Shares of AECOM stock traded down $1.57 during trading on Tuesday, reaching $96.14. 490,617 shares of the stock were exchanged, compared to its average volume of 756,562. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.87. The stock's fifty day moving average is $91.88 and its 200 day moving average is $87.96. The firm has a market cap of $13.08 billion, a price-to-earnings ratio of 217.14, a price-to-earnings-growth ratio of 1.44 and a beta of 1.24. AECOM has a 1 year low of $74.40 and a 1 year high of $98.72.

AECOM (NYSE:ACM - Get Free Report) last issued its quarterly earnings data on Tuesday, February 6th. The construction company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.92 by $0.13. AECOM had a net margin of 0.42% and a return on equity of 21.45%. The business had revenue of $3.90 billion during the quarter. During the same quarter last year, the business earned $0.86 earnings per share. As a group, equities research analysts expect that AECOM will post 4.45 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 10th. Shareholders of record on Wednesday, April 24th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date is Tuesday, April 23rd. AECOM's dividend payout ratio is 195.56%.

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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