Jump Financial LLC Makes New Investment in AECOM (NYSE:ACM)

Jump Financial LLC bought a new position in shares of AECOM (NYSE:ACM - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 28,009 shares of the construction company's stock, valued at approximately $2,589,000.

A number of other hedge funds have also bought and sold shares of the stock. GAMMA Investing LLC purchased a new stake in AECOM in the fourth quarter valued at approximately $35,000. Manchester Capital Management LLC acquired a new position in AECOM during the third quarter valued at $38,000. Headlands Technologies LLC purchased a new stake in AECOM in the fourth quarter valued at $40,000. Friedenthal Financial acquired a new stake in AECOM during the 4th quarter worth about $44,000. Finally, Tobam purchased a new position in shares of AECOM during the 4th quarter valued at about $58,000. Institutional investors and hedge funds own 85.41% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on ACM. Royal Bank of Canada reaffirmed an "outperform" rating and set a $109.00 target price on shares of AECOM in a report on Wednesday, February 7th. Robert W. Baird lifted their target price on shares of AECOM from $104.00 to $110.00 and gave the company an "outperform" rating in a report on Tuesday, May 7th. Truist Financial reissued a "buy" rating and set a $113.00 price target (up from $106.00) on shares of AECOM in a report on Wednesday, May 8th. TheStreet upgraded shares of AECOM from a "c+" rating to a "b" rating in a research report on Monday, February 5th. Finally, Citigroup increased their target price on shares of AECOM from $107.00 to $116.00 and gave the stock a "buy" rating in a research note on Monday, April 22nd. Eight analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $107.43.

AECOM Trading Down 1.1 %

Shares of AECOM stock traded down $1.05 during trading hours on Monday, hitting $92.00. The company's stock had a trading volume of 435,100 shares, compared to its average volume of 736,385. The stock has a market cap of $12.52 billion, a price-to-earnings ratio of -1,033.77, a P/E/G ratio of 1.31 and a beta of 1.23. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.06 and a current ratio of 1.06. AECOM has a twelve month low of $74.40 and a twelve month high of $98.72. The firm has a fifty day moving average of $94.11 and a 200-day moving average of $90.12.

AECOM (NYSE:ACM - Get Free Report) last posted its quarterly earnings data on Monday, May 6th. The construction company reported $1.04 earnings per share 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 for the quarter, compared to analysts' expectations of $1.80 billion. During the same period in the previous year, the business posted $0.92 EPS. The business's revenue for the quarter was up 13.0% on a year-over-year basis. Research analysts forecast that AECOM will post 4.49 EPS for the current year.

AECOM Dividend Announcement

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

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.