ExodusPoint Capital Management LP Sells 25,618 Shares of AECOM (NYSE:ACM)

ExodusPoint Capital Management LP reduced its stake in AECOM (NYSE:ACM - Free Report) by 60.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,512 shares of the construction company's stock after selling 25,618 shares during the period. ExodusPoint Capital Management LP's holdings in AECOM were worth $1,764,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Franklin Resources Inc. increased its position in shares of AECOM by 1.5% during the third quarter. Franklin Resources Inc. now owns 6,162 shares of the construction company's stock worth $655,000 after purchasing an additional 91 shares in the last quarter. Ranch Capital Advisors Inc. raised its position in AECOM by 2.3% in the 4th quarter. Ranch Capital Advisors Inc. now owns 4,482 shares of the construction company's stock valued at $479,000 after purchasing an additional 99 shares during the last quarter. Brown Brothers Harriman & Co. boosted its stake in AECOM by 17.5% during the 4th quarter. Brown Brothers Harriman & Co. now owns 691 shares of the construction company's stock worth $74,000 after purchasing an additional 103 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in AECOM by 1.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,830 shares of the construction company's stock valued at $809,000 after purchasing an additional 109 shares during the period. Finally, Avitas Wealth Management LLC grew its holdings in shares of AECOM by 0.6% during the fourth quarter. Avitas Wealth Management LLC now owns 18,939 shares of the construction company's stock worth $2,023,000 after buying an additional 110 shares during the last quarter. Institutional investors and hedge funds own 85.41% of the company's stock.

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Wall Street Analyst Weigh In

Several equities analysts recently weighed in on ACM shares. Citigroup reduced their price objective on AECOM from $128.00 to $127.00 and set a "buy" rating for the company in a report on Wednesday, January 29th. KeyCorp dropped their price objective on AECOM from $122.00 to $121.00 and set an "overweight" rating for the company in a research report on Wednesday, January 8th. Truist Financial decreased their price target on shares of AECOM from $129.00 to $121.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Robert W. Baird dropped their price objective 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, 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. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $119.38.

AECOM Stock Performance

Shares of NYSE:ACM traded down $0.04 during trading hours on Monday, hitting $93.67. The stock had a trading volume of 93,849 shares, compared to its average volume of 893,909. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.14 and a current ratio of 1.14. AECOM has a 1-year low of $82.23 and a 1-year high of $118.56. The stock's fifty day simple moving average is $96.71 and its 200 day simple moving average is $104.47. The firm has a market capitalization of $12.42 billion, a price-to-earnings ratio of 26.61, a PEG ratio of 1.63 and a beta of 1.03.

AECOM (NYSE:ACM - Get Free Report) last announced its earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.10 by $0.21. AECOM had a net margin of 2.93% and a return on equity of 26.84%. Sell-side analysts anticipate that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.11%. AECOM's dividend payout ratio (DPR) is presently 29.55%.

AECOM Company Profile

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.