Mariner LLC raised its stake in AECOM (NYSE:ACM – Free Report) by 2.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,221,815 shares of the construction company’s stock after buying an additional 30,794 shares during the quarter. Mariner LLC’s holdings in AECOM were worth $116,477,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. TD Asset Management Inc boosted its stake in AECOM by 0.7% in the third quarter. TD Asset Management Inc now owns 15,278 shares of the construction company’s stock valued at $1,993,000 after acquiring an additional 99 shares during the period. Northwestern Mutual Investment Management Company LLC boosted its position in shares of AECOM by 0.4% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 29,634 shares of the construction company’s stock worth $2,825,000 after buying an additional 113 shares during the period. Bank Julius Baer & Co. Ltd Zurich boosted its position in shares of AECOM by 12.3% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,089 shares of the construction company’s stock worth $104,000 after buying an additional 119 shares during the period. HB Wealth Management LLC boosted its position in shares of AECOM by 3.3% during the fourth quarter. HB Wealth Management LLC now owns 3,860 shares of the construction company’s stock worth $368,000 after buying an additional 125 shares during the period. Finally, Ashton Thomas Private Wealth LLC boosted its position in shares of AECOM by 4.3% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 3,128 shares of the construction company’s stock worth $298,000 after buying an additional 129 shares during the period. 85.41% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several brokerages have recently issued reports on ACM. KeyCorp reduced their price objective on AECOM from $115.00 to $101.00 and set an “overweight” rating for the company in a research report on Wednesday, May 13th. Robert W. Baird reduced their price objective on AECOM from $98.00 to $91.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. Truist Financial reiterated a “buy” rating and set a $109.00 price objective (down from $116.00) on shares of AECOM in a research report on Wednesday, May 13th. Barclays reduced their price objective on AECOM from $110.00 to $90.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 19th. Finally, Wall Street Zen upgraded AECOM from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, AECOM currently has an average rating of “Moderate Buy” and an average price target of $116.00.
Insider Activity at AECOM
In other news, CEO Troy Rudd bought 4,225 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were purchased at an average price of $71.02 per share, with a total value of $300,059.50. Following the completion of the acquisition, the chief executive officer directly owned 142,207 shares in the company, valued at approximately $10,099,541.14. This trade represents a 3.06% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Gaurav Kapoor bought 1,420 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were purchased at an average cost of $71.12 per share, for a total transaction of $100,990.40. Following the acquisition, the chief financial officer owned 88,053 shares of the company’s stock, valued at $6,262,329.36. This represents a 1.64% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.46% of the stock is owned by insiders.
AECOM Price Performance
Shares of NYSE:ACM opened at $69.56 on Tuesday. AECOM has a 12 month low of $67.64 and a 12 month high of $135.52. The stock has a market cap of $8.94 billion, a price-to-earnings ratio of 18.16, a PEG ratio of 0.85 and a beta of 0.93. The stock’s 50 day moving average price is $77.35 and its 200 day moving average price is $89.38. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.11 and a quick ratio of 1.11.
AECOM (NYSE:ACM – Get Free Report) last announced its earnings results on Monday, May 11th. The construction company reported $1.59 EPS for the quarter, topping the consensus estimate of $1.58 by $0.01. AECOM had a return on equity of 28.52% and a net margin of 3.16%.The firm had revenue of $3.80 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same quarter in the previous year, the company earned $1.25 earnings per share. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. Equities research analysts anticipate that AECOM will post 5.97 earnings per share for the current fiscal year.
AECOM Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Wednesday, July 1st will be issued a dividend of $0.31 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $1.24 annualized dividend and a yield of 1.8%. AECOM’s payout ratio is presently 32.38%.
About AECOM
AECOM is a multinational infrastructure consulting firm that provides a broad range of professional technical and management services. Its core offerings include architecture and engineering design, program and construction management, environmental remediation and consulting, and operations and maintenance support. The company works across the full project lifecycle from planning and design through construction and long‑term asset management.
AECOM serves public- and private-sector clients in major built-environment markets, including transportation (roads, bridges, rail, airports), water and wastewater systems, buildings and places, energy and power, and environmental services.
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