AECOM $ACM Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC grew its position in AECOM (NYSE:ACM) by 66.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 340,577 shares of the construction company’s stock after acquiring an additional 135,520 shares during the quarter. Hsbc Holdings PLC owned approximately 0.26% of AECOM worth $38,428,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new position in AECOM in the first quarter worth $78,900,000. The Manufacturers Life Insurance Company boosted its holdings in shares of AECOM by 421.9% in the 1st quarter. The Manufacturers Life Insurance Company now owns 936,273 shares of the construction company’s stock valued at $86,821,000 after buying an additional 756,859 shares during the period. Northern Trust Corp boosted its holdings in shares of AECOM by 33.2% in the 1st quarter. Northern Trust Corp now owns 2,218,412 shares of the construction company’s stock valued at $205,713,000 after buying an additional 553,519 shares during the period. International Assets Investment Management LLC bought a new stake in shares of AECOM during the 2nd quarter valued at about $414,000. Finally, Nordea Investment Management AB raised its stake in AECOM by 65.0% during the second quarter. Nordea Investment Management AB now owns 717,270 shares of the construction company’s stock worth $80,506,000 after acquiring an additional 282,649 shares during the period. 85.41% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ACM has been the subject of a number of research reports. Robert W. Baird decreased their target price on AECOM from $144.00 to $143.00 and set a “neutral” rating for the company in a research note on Wednesday, November 19th. Argus cut their price target on AECOM from $155.00 to $135.00 and set a “buy” rating on the stock in a report on Thursday, November 20th. Bank of America upped their price objective on AECOM from $112.50 to $124.00 and gave the stock a “buy” rating in a research note on Tuesday, August 5th. UBS Group cut their target price on AECOM from $153.00 to $148.00 and set a “buy” rating on the stock in a research note on Wednesday, November 19th. Finally, Barclays reduced their price target on shares of AECOM from $145.00 to $135.00 and set an “overweight” rating for the company in a report on Thursday, November 20th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $141.90.

AECOM Stock Down 1.6%

Shares of AECOM stock opened at $101.49 on Tuesday. The business’s fifty day moving average price is $126.61 and its two-hundred day moving average price is $120.11. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.17 and a quick ratio of 1.17. The company has a market capitalization of $13.44 billion, a P/E ratio of 22.11, a PEG ratio of 1.96 and a beta of 1.06. AECOM has a 1-year low of $85.00 and a 1-year high of $135.52.

AECOM (NYSE:ACM) last released its quarterly earnings results on Tuesday, November 18th. The construction company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.02. The company had revenue of $4.18 billion during the quarter, compared to analysts’ expectations of $4.31 billion. AECOM had a return on equity of 27.87% and a net margin of 3.82%.The company’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.27 earnings per share. AECOM has set its FY 2026 guidance at 5.650-5.850 EPS. As a group, research analysts forecast that AECOM will post 5.1 EPS for the current year.

AECOM Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 23rd. Investors of record on Wednesday, January 7th will be given a $0.31 dividend. The ex-dividend date is Wednesday, January 7th. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. This is a boost from AECOM’s previous quarterly dividend of $0.26. AECOM’s payout ratio is currently 29.45%.

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.