SEB Asset Management AB Acquires Shares of 28,735 AECOM $ACM

SEB Asset Management AB purchased a new stake in shares of AECOM (NYSE:ACM) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 28,735 shares of the construction company’s stock, valued at approximately $2,437,000.

Other institutional investors also recently bought and sold shares of the company. Great Lakes Advisors LLC lifted its holdings in AECOM by 14.9% in the first quarter. Great Lakes Advisors LLC now owns 2,366 shares of the construction company’s stock worth $219,000 after buying an additional 306 shares during the period. Empowered Funds LLC raised its position in shares of AECOM by 62.6% in the 1st quarter. Empowered Funds LLC now owns 14,266 shares of the construction company’s stock worth $1,323,000 after acquiring an additional 5,493 shares in the last quarter. Focus Partners Wealth raised its position in shares of AECOM by 6.9% in the 1st quarter. Focus Partners Wealth now owns 4,150 shares of the construction company’s stock worth $385,000 after acquiring an additional 269 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of AECOM by 189.3% in 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, Cresset Asset Management LLC lifted its stake in shares of AECOM by 13.7% in the 2nd quarter. Cresset Asset Management LLC now owns 2,935 shares of the construction company’s stock valued at $331,000 after purchasing an additional 353 shares during the period. 85.41% of the stock is owned by institutional investors.

AECOM Price Performance

Shares of ACM opened at $67.52 on Friday. AECOM has a twelve month low of $66.28 and a twelve month high of $135.52. The company has a market capitalization of $8.68 billion, a P/E ratio of 17.63, a price-to-earnings-growth ratio of 0.82 and a beta of 0.93. The firm has a 50 day moving average of $69.81 and a 200 day moving average of $83.34. 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 (NYSE:ACM) last released its quarterly earnings data on Monday, May 11th. The construction company reported $1.59 earnings per share (EPS) for the quarter, beating 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 business had revenue of $3.80 billion for the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the prior year, the firm 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. As a group, equities research analysts anticipate that AECOM will post 5.97 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Wednesday, July 1st. AECOM’s dividend payout ratio is presently 32.38%.

Insider Activity at AECOM

In other AECOM news, CEO Troy Rudd acquired 4,225 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average cost of $71.02 per share, with a total value of $300,059.50. Following the completion of the transaction, the chief executive officer directly owned 142,207 shares of the company’s stock, valued at approximately $10,099,541.14. This represents a 3.06% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Lara Poloni acquired 4,224 shares of AECOM stock in a transaction that occurred on Tuesday, June 16th. The stock was acquired at an average price of $70.63 per share, with a total value of $298,341.12. Following the completion of the acquisition, the president directly owned 153,446 shares in the company, valued at $10,837,890.98. This represents a 2.83% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 9,869 shares of company stock valued at $699,391 over the last ninety days. Insiders own 0.46% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ACM shares. Wall Street Zen cut AECOM from a “buy” rating to a “hold” rating in a research note on Monday, July 6th. Weiss Ratings lowered AECOM from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 26th. Barclays dropped their target price on shares of AECOM from $110.00 to $90.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 19th. Robert W. Baird reduced their target price on shares of AECOM from $98.00 to $91.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 12th. Finally, Truist Financial decreased their price target on shares of AECOM from $109.00 to $102.00 and set a “buy” rating for the company in a research note on Thursday, July 2nd. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $114.82.

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.