Redwood Investment Management LLC Invests $1.04 Million in AECOM $ACM

Redwood Investment Management LLC acquired a new stake in shares of AECOM (NYSE:ACM) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 12,283 shares of the construction company’s stock, valued at approximately $1,042,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Orion Porfolio Solutions LLC raised its stake 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 acquiring an additional 5,316,844 shares in the last quarter. Norges Bank bought a new position in shares of AECOM in the fourth quarter worth about $205,499,000. PFA Pension Forsikringsaktieselskab acquired a new position in AECOM during the 4th quarter worth $67,553,000. Lazard Asset Management LLC bought a new position in AECOM in the first quarter valued at about $54,686,000. Finally, Invesco Ltd. lifted its position in AECOM by 14.2% during the 3rd quarter. Invesco Ltd. now owns 4,979,960 shares of the construction company’s stock valued at $649,735,000 after purchasing an additional 618,205 shares during the period. Institutional investors and hedge funds own 85.41% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Gaurav Kapoor acquired 1,420 shares of the stock in a transaction on Thursday, May 14th. The shares were purchased at an average price 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 in the company, valued at approximately $6,262,329.36. The trade was a 1.64% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Troy Rudd acquired 4,225 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was bought at an average cost 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 represents a 3.06% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 9,869 shares of company stock worth $699,391 in the last 90 days. Company insiders own 0.46% of the company’s stock.

AECOM Price Performance

NYSE:ACM opened at $74.83 on Tuesday. AECOM has a 52 week low of $66.28 and a 52 week high of $135.52. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.11 and a current ratio of 1.11. The firm’s 50-day simple moving average is $70.00 and its 200 day simple moving average is $82.05. The firm has a market cap of $9.62 billion, a price-to-earnings ratio of 19.54, a P/E/G ratio of 0.88 and a beta of 0.93.

AECOM (NYSE:ACM) last posted its quarterly earnings data on Monday, May 11th. The construction company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.01. AECOM had a net margin of 3.16% and a return on equity of 28.52%. The firm had revenue of $3.80 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the firm posted $1.25 EPS. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. As a group, sell-side analysts predict that AECOM will post 5.97 earnings per share for the current year.

AECOM Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Wednesday, July 1st were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $1.24 dividend on an annualized basis and a yield of 1.7%. AECOM’s dividend payout ratio is currently 32.38%.

Analyst Ratings Changes

Several research analysts have recently issued reports on ACM shares. Citigroup restated a “buy” rating on shares of AECOM in a research report on Thursday, July 23rd. Truist Financial reduced their price target on shares of AECOM from $109.00 to $102.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. 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. Weiss Ratings cut shares of AECOM from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. Finally, Wall Street Zen downgraded AECOM from a “buy” rating to a “hold” rating in a research note on Monday, July 6th. Nine equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, AECOM has an average rating of “Moderate Buy” and an average price target of $114.82.

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.