Central Bank & Trust Co. Sells 12,829 Shares of AECOM $ACM

Central Bank & Trust Co. lowered its position in shares of AECOM (NYSE:ACM) by 24.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,741 shares of the construction company’s stock after selling 12,829 shares during the quarter. Central Bank & Trust Co.’s holdings in AECOM were worth $2,284,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the stock. Value Holdings Management CO. LLC acquired a new position in AECOM during the second quarter valued at approximately $10,788,000. BlackRock Inc. bought a new position in AECOM in the second quarter valued at about $1,003,699,000. Lord Abbett & CO. LLC increased its stake in shares of AECOM by 4.3% in the fourth quarter. Lord Abbett & CO. LLC now owns 907,995 shares of the construction company’s stock valued at $86,559,000 after buying an additional 37,682 shares during the period. Sei Investments Co. boosted its position in shares of AECOM by 71.0% during the 1st quarter. Sei Investments Co. now owns 70,198 shares of the construction company’s stock valued at $5,954,000 after purchasing an additional 29,152 shares in the last quarter. Finally, Caxton Associates LLP boosted its holdings in shares of AECOM by 1,377.9% during the 1st quarter. Caxton Associates LLP now owns 79,230 shares of the construction company’s stock worth $6,720,000 after buying an additional 73,869 shares in the last quarter. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Stock Down 0.9%

Shares of NYSE:ACM traded down $0.51 during trading on Friday, hitting $58.95. The stock had a trading volume of 211,494 shares, compared to its average volume of 1,765,335. AECOM has a 12 month low of $56.39 and a 12 month high of $135.52. The company has a market capitalization of $7.59 billion, a PE ratio of 27.03, a PEG ratio of 1.04 and a beta of 0.93. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.11. The firm’s fifty day moving average is $64.80 and its 200 day moving average is $71.64.

AECOM (NYSE:ACM) last posted its quarterly earnings results on Monday, August 10th. The construction company reported ($0.50) EPS for the quarter, missing analysts’ consensus estimates of $1.46 by ($1.96). The firm had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $2.01 billion. AECOM had a net margin of 1.87% and a return on equity of 19.72%. The company’s quarterly revenue was down 14.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.34 EPS. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. Analysts anticipate that AECOM will post 3.98 EPS for the current fiscal year.

AECOM Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, October 14th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Wednesday, October 14th. AECOM’s dividend payout ratio (DPR) is 56.88%.

Analyst Upgrades and Downgrades

ACM has been the subject of a number of research reports. Piper Sandler set a $79.00 price objective on AECOM in a research note on Wednesday, August 12th. Bank of America lowered their price objective on shares of AECOM from $94.50 to $81.00 and set a “buy” rating on the stock in a research report on Wednesday, August 12th. Wall Street Zen downgraded AECOM from a “buy” rating to a “hold” rating in a research note on Monday, July 6th. Barclays dropped their price target on AECOM from $90.00 to $73.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 12th. Finally, Citigroup dropped their price objective on shares of AECOM from $97.00 to $84.00 and set a “buy” rating on the stock in a report on Wednesday, August 12th. Eight research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, AECOM has an average rating of “Moderate Buy” and a consensus price target of $83.27.

AECOM Company Profile

AECOM (NYSE: ACM) is a global infrastructure consulting firm that provides professional services across the project lifecycle. Its activities include planning, design, engineering, architecture, program and construction management, environmental services, and operations support.

The company serves public- and private-sector clients in areas such as transportation, water, buildings, energy, environmental remediation, and government infrastructure. Its work includes roads and transit systems, airports, water and wastewater facilities, commercial and civic buildings, and large-scale urban development programs.

AECOM operates internationally, serving clients across North America, Europe, the Middle East, Asia-Pacific, and other global markets.