AECOM (NYSE:ACM) Holdings Lifted by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC lifted its holdings in shares of AECOM (NYSE:ACM - Free Report) by 256.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,914 shares of the construction company's stock after buying an additional 6,411 shares during the period. Tower Research Capital LLC TRC's holdings in AECOM were worth $952,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Franklin Resources Inc. grew its position in shares of AECOM by 1.5% during the third quarter. Franklin Resources Inc. now owns 6,162 shares of the construction company's stock worth $655,000 after acquiring an additional 91 shares during the last quarter. Oddo BHF Asset Management Sas acquired a new position in AECOM during the 3rd quarter valued at about $2,928,000. JPMorgan Chase & Co. grew its position in AECOM by 40.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 768,266 shares of the construction company's stock worth $79,339,000 after purchasing an additional 220,035 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of AECOM by 35.3% in the fourth quarter. GAMMA Investing LLC now owns 1,528 shares of the construction company's stock valued at $163,000 after purchasing an additional 399 shares during the period. Finally, Everence Capital Management Inc. bought a new stake in shares of AECOM during the fourth quarter valued at approximately $458,000. Institutional investors and hedge funds own 85.41% of the company's stock.

AECOM Price Performance

Shares of NYSE ACM traded down $0.44 during trading on Wednesday, hitting $97.73. The company had a trading volume of 308,444 shares, compared to its average volume of 906,715. AECOM has a 52 week low of $82.23 and a 52 week high of $118.56. The business's 50-day moving average is $94.68 and its 200 day moving average is $103.74. The company has a market cap of $12.96 billion, a P/E ratio of 27.76, a PEG ratio of 1.63 and a beta of 1.03. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.14 and a current ratio of 1.14.

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

AECOM Dividend Announcement

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

Wall Street Analyst Weigh In

ACM has been the topic of several analyst reports. Truist Financial lowered their target price on AECOM from $129.00 to $121.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Barclays raised their price target on AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. KeyCorp reduced their price objective on shares of AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. Citigroup dropped their price target on shares of AECOM from $127.00 to $116.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Finally, Robert W. Baird decreased their price objective on shares of AECOM from $125.00 to $117.00 and set an "outperform" rating for the company in a report on Tuesday, February 4th. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of $116.50.

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.