Troy Rudd Sells 53,097 Shares of AECOM (NYSE:ACM) Stock

Key Points

• Troy Rudd, CEO of AECOM, sold 53,097 shares of the company's stock for a total of $6,348,277.32 at an average price of $119.56.
• AECOM reported $1.34 EPS for the last quarter, exceeding analyst estimates of $1.25 EPS, with a revenue of $1.94 billion.
• The company announced a quarterly dividend of $0.26 per share, representing an annualized dividend yield of 0.9% and a payout ratio of 22.66%.

AECOM (NYSE:ACM - Get Free Report) CEO Troy Rudd sold 53,097 shares of the business's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $119.56, for a total transaction of $6,348,277.32. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

AECOM Trading Up 0.5%

Shares of ACM opened at $120.8710 on Wednesday. AECOM has a 52-week low of $85.00 and a 52-week high of $122.04. The stock has a market cap of $16.01 billion, a PE ratio of 26.33, a price-to-earnings-growth ratio of 1.78 and a beta of 0.99. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.91. The firm's fifty day moving average is $114.58 and its two-hundred day moving average is $105.06.

AECOM (NYSE:ACM - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The construction company reported $1.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.25 by $0.09. The business had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $4.33 billion. AECOM had a net margin of 3.82% and a return on equity of 27.87%. The business's revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.16 EPS. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. Research analysts forecast that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Wednesday, July 2nd were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, July 2nd. AECOM's dividend payout ratio (DPR) is 22.66%.

Institutional Investors Weigh In On AECOM

Institutional investors have recently bought and sold shares of the stock. TCTC Holdings LLC increased its position in shares of AECOM by 120.3% in the first quarter. TCTC Holdings LLC now owns 304 shares of the construction company's stock worth $28,000 after acquiring an additional 166 shares in the last quarter. MAI Capital Management purchased a new stake in AECOM during the 1st quarter worth $28,000. Caitong International Asset Management Co. Ltd boosted its position in AECOM by 212.9% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 316 shares of the construction company's stock worth $29,000 after purchasing an additional 215 shares during the period. SVB Wealth LLC acquired a new stake in AECOM in the 1st quarter valued at $33,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of AECOM by 189.3% in the second quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company's stock worth $34,000 after buying an additional 195 shares during the period. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on ACM shares. KeyCorp upped their target price on shares of AECOM from $129.00 to $131.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Citigroup restated a "buy" rating and issued a $137.00 price target (up previously from $122.00) on shares of AECOM in a report on Monday, July 28th. UBS Group lifted their price objective on AECOM from $126.00 to $139.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Wall Street Zen upgraded AECOM from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th. Finally, Bank of America lifted their target price on shares of AECOM from $112.50 to $124.00 and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, AECOM currently has an average rating of "Buy" and a consensus target price of $128.44.

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.

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