OP Asset Management Ltd purchased a new stake in AECOM (NYSE:ACM – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 24,717 shares of the construction company’s stock, valued at approximately $2,096,000.
A number of other large investors also recently bought and sold shares of ACM. Orion Porfolio Solutions LLC boosted its position in AECOM by 28,246.5% during the second quarter. Orion Porfolio Solutions LLC now owns 5,335,667 shares of the construction company’s stock worth $602,183,000 after purchasing an additional 5,316,844 shares in the last quarter. State Street Corp increased its position in shares of AECOM by 2.6% in the third quarter. State Street Corp now owns 5,107,636 shares of the construction company’s stock valued at $666,393,000 after buying an additional 127,036 shares in the last quarter. Invesco Ltd. raised its stake in shares of AECOM by 14.2% during the 3rd quarter. Invesco Ltd. now owns 4,979,960 shares of the construction company’s stock worth $649,735,000 after buying an additional 618,205 shares during the period. First Trust Advisors LP lifted its position in shares of AECOM by 105.3% during the 3rd quarter. First Trust Advisors LP now owns 4,216,372 shares of the construction company’s stock valued at $550,110,000 after buying an additional 2,162,158 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of AECOM by 17.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,773,910 shares of the construction company’s stock valued at $264,437,000 after buying an additional 407,622 shares in the last quarter. Institutional investors and hedge funds own 85.41% of the company’s stock.
Insider Activity at AECOM
In other AECOM news, CEO Troy Rudd bought 4,225 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were acquired at an average cost of $71.02 per share, with a total value of $300,059.50. Following the purchase, the chief executive officer directly owned 142,207 shares of the company’s stock, valued at $10,099,541.14. This trade represents a 3.06% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, President Lara Poloni bought 4,224 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was acquired at an average cost of $70.63 per share, for a total transaction of $298,341.12. Following the completion of the purchase, the president directly owned 153,446 shares in the company, valued at approximately $10,837,890.98. This represents a 2.83% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders acquired 9,869 shares of company stock valued at $699,391. Corporate insiders own 0.46% of the company’s stock.
AECOM Stock Down 0.0%
AECOM (NYSE:ACM – Get Free Report) last announced its earnings results on Monday, May 11th. The construction company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.01. AECOM had a net margin of 3.16% and a return on equity of 28.52%. The company 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 posted $1.25 EPS. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. Research analysts anticipate that AECOM will post 5.98 EPS for the current fiscal year.
AECOM Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Wednesday, July 1st will be given a dividend of $0.31 per share. The ex-dividend date is Wednesday, July 1st. This represents a $1.24 dividend on an annualized basis and a yield of 1.7%. AECOM’s payout ratio is presently 32.38%.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the stock. Weiss Ratings cut shares of AECOM from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 26th. Royal Bank Of Canada decreased their price objective on shares of AECOM from $142.00 to $111.00 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. KeyCorp dropped their target price on shares of AECOM from $115.00 to $101.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 13th. Truist Financial reiterated a “buy” rating and issued a $109.00 target price (down from $116.00) on shares of AECOM in a research report on Wednesday, May 13th. Finally, Wall Street Zen raised shares of AECOM from a “hold” rating to a “buy” rating in a research note on Sunday. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $116.00.
Get Our Latest Stock Analysis on AECOM
AECOM Company Profile
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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