Lombard Odier Asset Management Europe Ltd purchased a new position in shares of AECOM (NYSE:ACM – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 60,057 shares of the construction company’s stock, valued at approximately $4,192,000.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Northwestern Mutual Investment Management Company LLC raised its position in shares of AECOM by 0.4% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 29,634 shares of the construction company’s stock worth $2,825,000 after acquiring an additional 113 shares in the last quarter. Bank Julius Baer & Co. Ltd Zurich boosted its holdings in AECOM by 12.3% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,089 shares of the construction company’s stock valued at $104,000 after purchasing an additional 119 shares in the last quarter. HB Wealth Management LLC boosted its holdings in AECOM by 3.3% in the fourth quarter. HB Wealth Management LLC now owns 3,860 shares of the construction company’s stock valued at $368,000 after purchasing an additional 125 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its stake in AECOM by 4.3% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 3,128 shares of the construction company’s stock valued at $298,000 after purchasing an additional 129 shares during the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA increased its stake in AECOM by 86.7% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 280 shares of the construction company’s stock valued at $27,000 after purchasing an additional 130 shares during the last quarter. 85.41% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on ACM. Citigroup reduced their price objective on shares of AECOM from $97.00 to $84.00 and set a “buy” rating for the company in a research report on Wednesday, August 12th. Truist Financial reissued a “buy” rating and issued a $85.00 target price (down from $102.00) on shares of AECOM in a report on Wednesday, August 12th. UBS Group set a $85.00 target price on AECOM in a research report on Wednesday, August 12th. Zacks Research lowered AECOM from a “hold” rating to a “strong sell” rating in a research report on Monday, August 10th. Finally, Argus reduced their price objective on AECOM from $85.00 to $75.00 and set a “buy” rating for the company in a research note on Tuesday. Nine research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, AECOM presently has a consensus rating of “Moderate Buy” and an average price target of $89.58.
Insider Buying and Selling at AECOM
In other AECOM news, President Lara Poloni purchased 4,224 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were purchased 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 $10,837,890.98. This represents a 2.83% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.46% of the stock is currently owned by company insiders.
AECOM Stock Up 4.9%
ACM stock opened at $69.49 on Friday. The stock has a market capitalization of $8.94 billion, a PE ratio of 31.88, a price-to-earnings-growth ratio of 4.47 and a beta of 0.93. AECOM has a one year low of $60.35 and a one year high of $135.52. The company has a fifty day moving average of $68.68 and a 200-day moving average of $78.14. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.06 and a current ratio of 1.06.
AECOM (NYSE:ACM – Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The construction company reported ($0.50) EPS for the quarter, missing analysts’ consensus estimates of $1.46 by ($1.96). AECOM had a net margin of 1.87% and a return on equity of 19.72%. The firm had revenue of $3.59 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same quarter in the previous year, the business earned $1.34 EPS. AECOM’s revenue for the quarter was down 14.2% on a year-over-year basis. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. As a group, analysts expect that AECOM will post 3.98 EPS for the current year.
AECOM Announces Dividend
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 $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Wednesday, July 1st. AECOM’s dividend payout ratio (DPR) is currently 56.88%.
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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