Los Angeles Capital Management LLC Sells 354,886 Shares of AECOM $ACM

Los Angeles Capital Management LLC lessened its stake in shares of AECOM (NYSE:ACM) by 41.6% during the 4th quarter, Holdings Channel reports. The fund owned 498,235 shares of the construction company’s stock after selling 354,886 shares during the period. Los Angeles Capital Management LLC’s holdings in AECOM were worth $47,497,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

Several analysts have recently commented on ACM shares. Truist Financial reiterated a “buy” rating and set a $109.00 price objective (down from $116.00) on shares of AECOM in a report on Wednesday, May 13th. Bank of America increased their price objective on AECOM from $117.00 to $118.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Zacks Research upgraded AECOM from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 10th. Wall Street Zen upgraded AECOM from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Finally, KeyCorp decreased their price objective on AECOM from $115.00 to $101.00 and set an “overweight” rating for the company in a report on Wednesday, May 13th. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $116.00.

AECOM Stock Performance

Shares of ACM opened at $71.22 on Friday. AECOM has a 12 month low of $67.64 and a 12 month high of $135.52. The stock has a fifty day moving average price of $79.16 and a 200-day moving average price of $91.33. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.07. The firm has a market cap of $9.15 billion, a PE ratio of 18.59, a P/E/G ratio of 0.86 and a beta of 0.93.

AECOM (NYSE:ACM) last issued its earnings results on Monday, May 11th. The construction company reported $1.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business posted $1.25 EPS. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. Equities research analysts predict that AECOM will post 5.97 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Wednesday, July 1st will be paid a $0.31 dividend. 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 dividend payout ratio (DPR) is 32.38%.

Insiders Place Their Bets

In other news, CFO Gaurav Kapoor bought 1,420 shares of AECOM stock in a transaction that occurred on Thursday, May 14th. The stock was bought 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 of the company’s stock, valued at approximately $6,262,329.36. The trade was a 1.64% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Troy Rudd bought 4,225 shares of AECOM stock in a transaction that occurred on Thursday, May 14th. The stock was purchased at an average price 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 in the company, valued at $10,099,541.14. The trade was a 3.06% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.46% of the company’s stock.

AECOM 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.