Panagora Asset Management Inc. Boosts Position in AECOM $ACM

Panagora Asset Management Inc. increased its stake in AECOM (NYSE:ACM) by 24.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,281,656 shares of the construction company’s stock after acquiring an additional 254,951 shares during the quarter. Panagora Asset Management Inc.’s holdings in AECOM were worth $122,180,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division purchased a new position in AECOM in the 4th quarter worth about $27,000. Ameriflex Group Inc. increased its position in AECOM by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 294 shares of the construction company’s stock valued at $38,000 after purchasing an additional 147 shares during the period. Caitong International Asset Management Co. Ltd increased its position in AECOM by 95.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company’s stock valued at $28,000 after purchasing an additional 144 shares during the period. EverSource Wealth Advisors LLC increased its position in AECOM by 189.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock valued at $34,000 after purchasing an additional 195 shares during the period. Finally, Optiver Holding B.V. boosted its holdings in shares of AECOM by 219.8% in the 3rd quarter. Optiver Holding B.V. now owns 307 shares of the construction company’s stock valued at $40,000 after buying an additional 211 shares in the last quarter. Hedge funds and other institutional investors own 85.41% of the company’s stock.

AECOM Stock Down 0.1%

ACM stock opened at $70.06 on Monday. The firm has a 50 day moving average of $77.66 and a 200 day moving average of $89.62. The stock has a market capitalization of $9.00 billion, a PE ratio of 18.29, a price-to-earnings-growth ratio of 0.85 and a beta of 0.93. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.07. AECOM has a 52 week low of $67.64 and a 52 week high of $135.52.

AECOM (NYSE:ACM) last released its earnings results on Monday, May 11th. The construction company reported $1.59 EPS for the quarter, topping analysts’ consensus estimates of $1.58 by $0.01. The company had revenue of $3.80 billion during the quarter, compared to analysts’ expectations of $1.94 billion. AECOM had a net margin of 3.16% and a return on equity of 28.52%. AECOM’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period last year, the business earned $1.25 EPS. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. Sell-side analysts forecast that AECOM will post 5.97 earnings per share for the current year.

AECOM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Wednesday, July 1st will be paid a $0.31 dividend. The ex-dividend date is Wednesday, July 1st. This represents a $1.24 dividend on an annualized basis and a yield of 1.8%. AECOM’s dividend payout ratio (DPR) is 32.38%.

Insider Buying and Selling

In related news, CFO Gaurav Kapoor bought 1,420 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was bought at an average cost of $71.12 per share, for a total transaction of $100,990.40. Following the purchase, the chief financial officer directly owned 88,053 shares of the company’s stock, valued at approximately $6,262,329.36. This trade represents a 1.64% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Troy Rudd bought 4,225 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was bought at an average price of $71.02 per share, with a total value of $300,059.50. Following the completion of the purchase, the chief executive officer directly owned 142,207 shares in the company, valued at $10,099,541.14. This represents a 3.06% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.46% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

ACM has been the topic of a number of recent analyst reports. Truist Financial restated a “buy” rating and issued a $109.00 price target (down from $116.00) on shares of AECOM in a report on Wednesday, May 13th. Robert W. Baird lowered their price target on shares of AECOM from $98.00 to $91.00 and set a “neutral” rating on the stock in a report on Tuesday, May 12th. Wall Street Zen upgraded shares of AECOM from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Weiss Ratings cut shares of AECOM from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. Finally, KeyCorp lowered their price target on shares of AECOM from $115.00 to $101.00 and set an “overweight” rating on the stock in a report on Wednesday, May 13th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $116.00.

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.