AECOM (NYSE:ACM) Shares Acquired by Two Sigma Investments LP

Two Sigma Investments LP lifted its position in AECOM (NYSE:ACM) by 11.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 468,580 shares of the construction company’s stock after buying an additional 46,793 shares during the quarter. Two Sigma Investments LP owned approximately 0.35% of AECOM worth $50,054,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Principal Securities Inc. increased its stake in AECOM by 95.9% during the fourth quarter. Principal Securities Inc. now owns 237 shares of the construction company’s stock worth $25,000 after purchasing an additional 116 shares during the period. Allworth Financial LP grew its holdings in shares of AECOM by 390.6% in the fourth quarter. Allworth Financial LP now owns 260 shares of the construction company’s stock valued at $29,000 after purchasing an additional 207 shares in the last quarter. National Pension Service purchased a new stake in AECOM during the 4th quarter worth approximately $32,000. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in AECOM during the 4th quarter worth approximately $35,000. Finally, Wingate Wealth Advisors Inc. purchased a new position in AECOM in the 4th quarter valued at approximately $51,000. Institutional investors and hedge funds own 85.41% of the company’s stock.

Analyst Upgrades and Downgrades

ACM has been the topic of a number of recent research reports. KeyCorp cut their price objective on AECOM from $121.00 to $109.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 16th. Citigroup upped their price target on AECOM from $116.00 to $122.00 and gave the stock a “buy” rating in a report on Wednesday, May 7th. Robert W. Baird increased their price target on AECOM from $108.00 to $118.00 and gave the company an “outperform” rating in a research report on Tuesday, May 6th. Truist Financial lowered their price objective on AECOM from $129.00 to $121.00 and set a “buy” rating for the company in a research report on Tuesday, April 8th. Finally, Barclays raised their target price on shares of AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $119.00.

AECOM Stock Down 0.4%

Shares of NYSE ACM opened at $108.91 on Tuesday. The business has a 50-day moving average of $96.92 and a two-hundred day moving average of $103.51. The company has a market capitalization of $14.41 billion, a price-to-earnings ratio of 30.94, a price-to-earnings-growth ratio of 1.63 and a beta of 0.96. AECOM has a 1 year low of $82.23 and a 1 year high of $118.56. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 1.14.

AECOM (NYSE:ACM) last released its quarterly earnings data on Monday, May 5th. The construction company reported $1.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.10. AECOM had a net margin of 2.93% and a return on equity of 26.84%. The company had revenue of $3.77 billion for the quarter, compared to analysts’ expectations of $4.18 billion. During the same quarter last year, the company earned $1.04 earnings per share. The firm’s revenue for the quarter was up 2.6% on a year-over-year basis. On average, analysts forecast that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd were given a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 0.95%. AECOM’s dividend payout ratio (DPR) is presently 22.66%.

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.