Legal & General Group Plc Purchases 46,006 Shares of AECOM $ACM

Legal & General Group Plc raised its position in shares of AECOM (NYSE:ACM) by 11.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 463,295 shares of the construction company’s stock after acquiring an additional 46,006 shares during the quarter. Legal & General Group Plc’s holdings in AECOM were worth $44,166,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of ACM. Atlantic Union Bankshares Corp bought a new position in shares of AECOM in the third quarter worth $26,000. Central Pacific Bank Trust Division purchased a new stake in AECOM during the 4th quarter worth about $27,000. EverSource Wealth Advisors LLC lifted its holdings in AECOM by 189.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock worth $34,000 after purchasing an additional 195 shares in the last quarter. First Horizon Corp boosted its stake in AECOM by 129.1% in the 4th quarter. First Horizon Corp now owns 362 shares of the construction company’s stock worth $35,000 after purchasing an additional 204 shares during the period. Finally, Ameriflex Group Inc. boosted its stake in AECOM by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 294 shares of the construction company’s stock worth $38,000 after purchasing an additional 147 shares during the period. 85.41% of the stock is owned by institutional investors.

AECOM Price Performance

NYSE:ACM opened at $69.65 on Friday. The firm has a market capitalization of $8.95 billion, a price-to-earnings ratio of 18.19, a P/E/G ratio of 0.84 and a beta of 1.00. AECOM has a 52-week low of $67.64 and a 52-week high of $135.52. The stock has a fifty day moving average of $80.88 and a 200 day moving average of $93.44. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.11 and a current ratio of 1.11.

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 the consensus estimate of $1.58 by $0.01. The company had revenue of $3.80 billion during the quarter, compared to analyst estimates of $1.94 billion. AECOM had a return on equity of 28.52% and a net margin of 3.16%.The firm’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the company earned $1.25 earnings per share. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. On average, research analysts expect that AECOM will post 5.97 EPS for the current fiscal year.

AECOM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Wednesday, April 1st were paid a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $1.24 annualized dividend and a yield of 1.8%. AECOM’s dividend payout ratio (DPR) is currently 32.38%.

Insider Buying and Selling 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 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 owned 142,207 shares of the company’s stock, valued at approximately $10,099,541.14. This represents a 3.06% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Gaurav Kapoor acquired 1,420 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average cost of $71.12 per share, with a total value of $100,990.40. Following the purchase, the chief financial officer directly owned 88,053 shares of the company’s stock, valued at $6,262,329.36. This trade represents a 1.64% increase in their position. The SEC filing for this purchase provides additional information. 0.46% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Weiss Ratings downgraded AECOM from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday. Wall Street Zen upgraded AECOM from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Truist Financial restated a “buy” rating and issued a $109.00 target price (down from $116.00) on shares of AECOM in a research note on Wednesday, May 13th. Bank of America raised their target price on AECOM from $117.00 to $118.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Finally, Royal Bank Of Canada cut their target price on AECOM from $142.00 to $111.00 and set an “outperform” rating for the company in a research note on Wednesday, May 13th. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.