Prudential PLC grew its holdings in AECOM (NYSE:ACM - Free Report) by 77.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,037 shares of the construction company's stock after purchasing an additional 5,680 shares during the quarter. Prudential PLC's holdings in AECOM were worth $1,393,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in the business. Principal Securities Inc. grew its holdings in AECOM by 95.9% in the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock valued at $25,000 after buying an additional 116 shares during the last quarter. Allworth Financial LP grew its stake in shares of AECOM by 390.6% in the fourth quarter. Allworth Financial LP now owns 260 shares of the construction company's stock worth $29,000 after acquiring an additional 207 shares during the last quarter. National Pension Service bought a new position in AECOM during the fourth quarter worth $32,000. Wingate Wealth Advisors Inc. acquired a new position in AECOM during the 4th quarter valued at $51,000. Finally, Proficio Capital Partners LLC bought a new stake in AECOM in the 4th quarter valued at $55,000. 85.41% of the stock is currently owned by institutional investors.
AECOM Trading Down 1.0 %
ACM stock traded down $0.92 during trading on Friday, hitting $92.25. The company had a trading volume of 301,222 shares, compared to its average volume of 889,430. The stock has a market cap of $12.24 billion, a price-to-earnings ratio of 26.19, a PEG ratio of 1.63 and a beta of 1.03. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. The firm has a 50-day moving average price of $96.93 and a 200-day moving average price of $104.52. AECOM has a 12 month low of $82.23 and a 12 month high of $118.56.
AECOM (NYSE:ACM - Get Free Report) last issued its quarterly earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.21. AECOM had a return on equity of 26.84% and a net margin of 2.93%. As a group, analysts predict that AECOM will post 5.1 earnings per share for the current year.
AECOM Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date of this dividend is Wednesday, April 2nd. AECOM's dividend payout ratio is presently 29.55%.
Analyst Ratings Changes
A number of research analysts have recently commented on ACM shares. Barclays upped their price objective on shares of AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. KeyCorp decreased their price objective on AECOM from $122.00 to $121.00 and set an "overweight" rating on the stock in a report on Wednesday, January 8th. Citigroup cut their target price on AECOM from $128.00 to $127.00 and set a "buy" rating for the company in a research note on Wednesday, January 29th. Robert W. Baird decreased their price target on shares of AECOM from $125.00 to $117.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 4th. Finally, Truist Financial dropped their price objective on shares of AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a research note on Tuesday. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $119.38.
Get Our Latest Stock Report on AECOM
AECOM Company Profile
(
Free Report)
AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.
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