AECOM (NYSE:ACM) Shares Bought by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. grew its holdings in AECOM (NYSE:ACM - Free Report) by 117.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,703 shares of the construction company's stock after acquiring an additional 4,160 shares during the period. TD Waterhouse Canada Inc.'s holdings in AECOM were worth $823,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Norges Bank acquired a new position in AECOM during the 4th quarter worth $190,495,000. Alliancebernstein L.P. boosted its stake in shares of AECOM by 11.2% in the 4th quarter. Alliancebernstein L.P. now owns 3,718,371 shares of the construction company's stock valued at $397,196,000 after buying an additional 373,991 shares during the period. Sandhill Capital Partners LLC acquired a new position in shares of AECOM during the fourth quarter worth about $36,933,000. JPMorgan Chase & Co. increased its stake in shares of AECOM by 40.1% during the third quarter. JPMorgan Chase & Co. now owns 768,266 shares of the construction company's stock worth $79,339,000 after buying an additional 220,035 shares during the period. Finally, Teacher Retirement System of Texas raised its holdings in AECOM by 58.1% in the fourth quarter. Teacher Retirement System of Texas now owns 349,991 shares of the construction company's stock valued at $37,386,000 after acquiring an additional 128,580 shares in the last quarter. Hedge funds and other institutional investors own 85.41% of the company's stock.

Analyst Ratings Changes

A number of brokerages have commented on ACM. Truist Financial dropped their price objective on shares of AECOM from $129.00 to $121.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Citigroup decreased their price target on AECOM from $127.00 to $116.00 and set a "buy" rating for the company in a report on Friday, April 25th. KeyCorp dropped their price objective on AECOM from $121.00 to $109.00 and set an "overweight" rating on the stock in a report on Wednesday, April 16th. Robert W. Baird decreased their target price on AECOM from $125.00 to $117.00 and set an "outperform" rating for the company in a research note on Tuesday, February 4th. Finally, Barclays boosted their price objective on shares of AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Nine 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 $116.50.

AECOM Price Performance

ACM stock traded down $0.29 on Wednesday, reaching $97.88. 123,612 shares of the company's stock were exchanged, compared to its average volume of 1,062,992. The stock has a fifty day moving average of $94.68 and a 200-day moving average of $103.74. The firm has a market cap of $12.98 billion, a PE ratio of 27.78, a P/E/G ratio of 1.63 and a beta of 1.03. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. AECOM has a twelve month low of $82.23 and a twelve month high of $118.56.

AECOM (NYSE:ACM - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.10 by $0.21. AECOM had a net margin of 2.93% and a return on equity of 26.84%. As a group, equities analysts predict that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $1.04 annualized dividend and a yield of 1.06%. AECOM's dividend payout ratio is presently 29.55%.

AECOM 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.