Shayne & Jacobs LLC acquired a new stake in AECOM (NYSE:ACM – Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 30,260 shares of the construction company’s stock, valued at approximately $1,784,000.
Several other hedge funds also recently bought and sold shares of ACM. Caitong International Asset Management Co. Ltd lifted its stake in AECOM by 95.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company’s stock worth $28,000 after purchasing an additional 144 shares in the last quarter. Inceptionr LLC boosted its holdings in AECOM by 0.8% in the 1st quarter. Inceptionr LLC now owns 19,252 shares of the construction company’s stock valued at $1,627,000 after purchasing an additional 156 shares during the period. Allworth Financial LP boosted its holdings in AECOM by 9.8% in the 2nd quarter. Allworth Financial LP now owns 2,078 shares of the construction company’s stock valued at $145,000 after purchasing an additional 186 shares during the period. Corient Private Wealth LLC grew its position in shares of AECOM by 3.6% during the 4th quarter. Corient Private Wealth LLC now owns 6,562 shares of the construction company’s stock valued at $626,000 after purchasing an additional 230 shares in the last quarter. Finally, Burney Co. grew its position in shares of AECOM by 3.7% during the 1st quarter. Burney Co. now owns 7,492 shares of the construction company’s stock valued at $636,000 after purchasing an additional 265 shares in the last quarter. Hedge funds and other institutional investors own 85.41% of the company’s stock.
AECOM Stock Performance
NYSE ACM opened at $59.53 on Thursday. AECOM has a 52-week low of $56.39 and a 52-week high of $135.52. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market capitalization of $7.66 billion, a P/E ratio of 27.31, a P/E/G ratio of 1.09 and a beta of 0.93. The company has a fifty day moving average of $62.40 and a 200-day moving average of $69.89.
AECOM (NYSE:ACM – Get Free Report) last announced its earnings results on Monday, August 10th. The construction company reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by ($1.96). The company had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $2.01 billion. AECOM had a return on equity of 19.72% and a net margin of 1.87%. The firm’s revenue was down 14.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.34 earnings per share. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. As a group, equities research analysts predict that AECOM will post 3.98 EPS for the current fiscal year.
AECOM Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, October 14th will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Wednesday, October 14th. AECOM’s dividend payout ratio is presently 56.88%.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on ACM shares. Truist Financial decreased their price target on shares of AECOM from $85.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, October 5th. Bank of America dropped their price objective on AECOM from $94.50 to $81.00 and set a “buy” rating for the company in a research note on Wednesday, August 12th. Weiss Ratings lowered AECOM from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 12th. Piper Sandler set a $79.00 target price on AECOM in a research report on Wednesday, August 12th. Finally, KeyCorp reduced their target price on AECOM from $79.00 to $78.00 and set an “overweight” rating for the company in a research report on Thursday, October 15th. Eight investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $81.18.
Read Our Latest Stock Analysis on ACM
AECOM Profile
AECOM is a global infrastructure consulting firm that provides professional services across the planning, design, engineering, construction, and management of complex projects. Its work supports transportation systems, buildings, water and wastewater infrastructure, energy facilities, environmental programs, and government and defense initiatives.
The company offers architecture and engineering, program and construction management, environmental consulting, planning, advisory, and asset-management services.
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