John G Ullman & Associates Inc. Has $310,000 Stock Holdings in AECOM (NYSE:ACM)

John G Ullman & Associates Inc. decreased its position in shares of AECOM (NYSE:ACM - Free Report) by 95.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,350 shares of the construction company's stock after selling 78,392 shares during the quarter. John G Ullman & Associates Inc.'s holdings in AECOM were worth $310,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in ACM. Point72 Hong Kong Ltd purchased a new position in shares of AECOM during the first quarter worth about $25,000. Janiczek Wealth Management LLC purchased a new position in shares of AECOM during the third quarter worth about $28,000. Manchester Capital Management LLC purchased a new position in shares of AECOM during the third quarter worth about $38,000. Friedenthal Financial acquired a new stake in AECOM in the fourth quarter valued at about $44,000. Finally, Money Concepts Capital Corp acquired a new stake in AECOM in the fourth quarter valued at about $55,000. Hedge funds and other institutional investors own 85.41% of the company's stock.

AECOM Trading Up 0.1 %

AECOM stock traded up $0.11 during trading on Friday, hitting $93.35. The company's stock had a trading volume of 535,455 shares, compared to its average volume of 614,416. The stock has a market capitalization of $12.70 billion, a price-to-earnings ratio of 207.52, a P/E/G ratio of 1.38 and a beta of 1.24. The stock's fifty day moving average is $92.81 and its 200 day moving average is $88.61. AECOM has a 1-year low of $74.40 and a 1-year high of $98.72. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.05 and a current ratio of 1.05.

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

AECOM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 10th. Stockholders of record on Wednesday, April 24th will be paid a $0.22 dividend. The ex-dividend date is Tuesday, April 23rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.94%. AECOM's dividend payout ratio (DPR) is currently 195.56%.

Analysts Set New Price Targets

ACM has been the subject of a number of research reports. TheStreet upgraded shares of AECOM from a "c+" rating to a "b" rating in a research report on Monday, February 5th. Barclays raised their price target on AECOM from $90.00 to $100.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 13th. Truist Financial started coverage on AECOM in a research report on Thursday, March 14th. They issued a "buy" rating and a $106.00 price objective on the stock. Robert W. Baird upped their price objective on AECOM from $100.00 to $103.00 and gave the company an "outperform" rating in a research report on Tuesday, February 6th. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $109.00 price objective on shares of AECOM in a research report on Wednesday, February 7th. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $102.14.

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.