Winthrop Advisory Group LLC Makes New Investment in AECOM $ACM

Winthrop Advisory Group LLC bought a new position in AECOM (NYSE:ACM) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,843 shares of the construction company’s stock, valued at approximately $208,000.

A number of other institutional investors have also added to or reduced their stakes in ACM. TCTC Holdings LLC increased its position in shares of AECOM by 120.3% during the 1st quarter. TCTC Holdings LLC now owns 304 shares of the construction company’s stock valued at $28,000 after purchasing an additional 166 shares during the last quarter. MAI Capital Management bought a new position in shares of AECOM during the 1st quarter valued at about $28,000. Caitong International Asset Management Co. Ltd increased its position in shares of AECOM by 212.9% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 316 shares of the construction company’s stock valued at $29,000 after purchasing an additional 215 shares during the last quarter. SVB Wealth LLC bought a new position in shares of AECOM during the 1st quarter valued at about $33,000. Finally, Private Trust Co. NA increased its position in shares of AECOM by 37.2% during the 1st quarter. Private Trust Co. NA now owns 413 shares of the construction company’s stock valued at $38,000 after purchasing an additional 112 shares during the last quarter. 85.41% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ACM shares. Truist Financial increased their price objective on AECOM from $128.00 to $146.00 and gave the company a “buy” rating in a research report on Wednesday. Weiss Ratings reiterated a “buy (b)” rating on shares of AECOM in a research report on Wednesday. Wall Street Zen upgraded AECOM from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. KeyCorp increased their price objective on AECOM from $129.00 to $131.00 and gave the company an “overweight” rating in a research report on Wednesday, August 6th. Finally, Bank of America increased their price objective on AECOM from $112.50 to $124.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. Eleven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, AECOM currently has a consensus rating of “Buy” and an average price target of $133.20.

Insider Buying and Selling at AECOM

In other news, CEO Troy Rudd sold 53,097 shares of AECOM stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $119.56, for a total value of $6,348,277.32. The sale was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.41% of the company’s stock.

AECOM Price Performance

ACM opened at $132.66 on Thursday. The stock’s 50 day simple moving average is $124.80 and its 200 day simple moving average is $112.04. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.17 and a quick ratio of 1.17. AECOM has a 1 year low of $85.00 and a 1 year high of $133.81. The firm has a market cap of $17.57 billion, a price-to-earnings ratio of 28.90, a PEG ratio of 1.75 and a beta of 1.03.

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

AECOM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Wednesday, October 1st will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Wednesday, October 1st. AECOM’s dividend payout ratio (DPR) is currently 22.66%.

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.