Knights of Columbus Asset Advisors LLC Has $7.15 Million Holdings in AECOM (NYSE:ACM)

Knights of Columbus Asset Advisors LLC increased its position in AECOM (NYSE:ACM) by 1.3% in the fourth quarter, HoldingsChannel reports. The firm owned 77,347 shares of the construction company’s stock after acquiring an additional 1,008 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in AECOM were worth $7,149,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Point72 Hong Kong Ltd purchased a new stake in shares of AECOM in the first quarter valued at $25,000. Janiczek Wealth Management LLC purchased a new position in AECOM during the 3rd quarter valued at about $28,000. Manchester Capital Management LLC acquired a new position in shares of AECOM in the 3rd quarter valued at about $38,000. Friedenthal Financial purchased a new stake in shares of AECOM in the fourth quarter worth approximately $44,000. Finally, Money Concepts Capital Corp acquired a new stake in shares of AECOM during the fourth quarter worth approximately $55,000. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

AECOM Stock Up 0.1 %

Shares of NYSE ACM traded up $0.05 during mid-day trading on Friday, reaching $93.29. 205,895 shares of the company traded hands, compared to its average volume of 737,327. The company’s fifty day moving average is $92.73 and its two-hundred day moving average is $88.52. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.05 and a current ratio of 1.05. AECOM has a fifty-two week low of $74.40 and a fifty-two week high of $98.72. The stock has a market cap of $12.69 billion, a PE ratio of 207.23, a price-to-earnings-growth ratio of 1.37 and a beta of 1.24.

AECOM (NYSE:ACM) last announced its earnings results on Tuesday, February 6th. The construction company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.13. AECOM had a return on equity of 21.45% and a net margin of 0.42%. The firm had revenue of $3.90 billion during the quarter. During the same period in the previous year, the company earned $0.86 EPS. On average, analysts expect that AECOM will post 4.45 earnings per share for the current year.

AECOM Announces Dividend

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

Wall Street Analyst Weigh In

ACM has been the topic of several research reports. TheStreet upgraded shares of AECOM from a “c+” rating to a “b” rating in a research note on Monday, February 5th. KeyCorp increased their price objective on AECOM from $104.00 to $105.00 and gave the stock an “overweight” rating in a report on Friday. Royal Bank of Canada reaffirmed an “outperform” rating and set a $109.00 price target on shares of AECOM in a research note on Wednesday, February 7th. Barclays lifted their price target on AECOM from $90.00 to $100.00 and gave the company an “overweight” rating in a report on Tuesday, February 13th. Finally, Truist Financial started coverage on AECOM in a report on Thursday, March 14th. They issued a “buy” rating and a $106.00 price objective on the stock. Eight analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $102.14.

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.