AECOM (NYSE:ACM) Sees Strong Trading Volume

AECOM (NYSE:ACM - Get Free Report) saw unusually-strong trading volume on Monday . Approximately 321,740 shares changed hands during trading, a decline of 56% from the previous session's volume of 734,705 shares.The stock last traded at $95.00 and had previously closed at $93.61.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Royal Bank of Canada restated an "outperform" rating and set a $109.00 price target on shares of AECOM in a research report on Wednesday, February 7th. KeyCorp assumed coverage on AECOM in a research note on Wednesday, January 10th. They issued an "overweight" rating and a $104.00 price target for the company. TheStreet upgraded AECOM from a "c+" rating to a "b" rating in a research report on Monday, February 5th. Robert W. Baird upped their target price on AECOM from $100.00 to $103.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 6th. Finally, Barclays upped their price objective on shares of 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, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $102.00.

AECOM Price Performance

The stock's fifty day moving average price is $92.43 and its 200-day moving average price is $88.39. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a market cap of $12.74 billion, a PE ratio of 208.16, a price-to-earnings-growth ratio of 1.39 and a beta of 1.24.

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

AECOM Announces Dividend

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ACM. Somerset Trust Co increased its position in shares of AECOM by 3.5% during the third quarter. Somerset Trust Co now owns 3,783 shares of the construction company's stock valued at $314,000 after acquiring an additional 127 shares during the last quarter. Fifth Third Bancorp raised its position in AECOM by 9.7% in the third quarter. Fifth Third Bancorp now owns 1,683 shares of the construction company's stock valued at $140,000 after purchasing an additional 149 shares during the period. CIBC Asset Management Inc raised its position in AECOM by 4.0% in the third quarter. CIBC Asset Management Inc now owns 3,897 shares of the construction company's stock valued at $324,000 after purchasing an additional 151 shares during the period. Moneta Group Investment Advisors LLC lifted its stake in AECOM by 4.9% during the first quarter. Moneta Group Investment Advisors LLC now owns 3,266 shares of the construction company's stock worth $275,000 after purchasing an additional 154 shares in the last quarter. Finally, Pinnacle Associates Ltd. boosted its holdings in AECOM by 4.1% during the 4th quarter. Pinnacle Associates Ltd. now owns 4,522 shares of the construction company's stock valued at $418,000 after acquiring an additional 177 shares during the period. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

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.