Geode Capital Management LLC boosted its stake in shares of AECOM (NYSE:ACM - Free Report) by 0.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,273,241 shares of the construction company's stock after acquiring an additional 2,833 shares during the period. Geode Capital Management LLC owned 1.71% of AECOM worth $242,387,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Franklin Resources Inc. boosted its stake in AECOM by 9.4% during the fourth quarter. Franklin Resources Inc. now owns 6,742 shares of the construction company's stock valued at $720,000 after buying an additional 580 shares during the last quarter. B. Metzler seel. Sohn & Co. AG increased its position in AECOM by 47.5% in the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 7,067 shares of the construction company's stock worth $755,000 after purchasing an additional 2,277 shares during the last quarter. Alliancebernstein L.P. lifted its position in AECOM by 11.2% during the fourth quarter. Alliancebernstein L.P. now owns 3,718,371 shares of the construction company's stock valued at $397,196,000 after purchasing an additional 373,991 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of AECOM by 5.0% in the 4th quarter. Wellington Management Group LLP now owns 12,602 shares of the construction company's stock worth $1,346,000 after buying an additional 603 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC increased its holdings in shares of AECOM by 7.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 14,664 shares of the construction company's stock worth $1,566,000 after buying an additional 1,057 shares during the last quarter. 85.41% of the stock is currently owned by institutional investors.
AECOM Stock Down 3.8 %
NYSE:ACM traded down $3.57 during mid-day trading on Thursday, reaching $91.42. The company's stock had a trading volume of 287,787 shares, compared to its average volume of 1,079,652. 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 market capitalization of $12.13 billion, a PE ratio of 25.97, a price-to-earnings-growth ratio of 1.63 and a beta of 1.03. The stock has a fifty day moving average of $97.14 and a 200-day moving average of $104.58. AECOM has a 1 year low of $82.23 and a 1 year high of $118.56.
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 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%. Equities research analysts forecast that AECOM will post 5.1 earnings per share for the current year.
AECOM Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors 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 yield of 1.14%. AECOM's payout ratio is 29.55%.
Analyst Upgrades and Downgrades
Several research analysts recently commented on the company. Truist Financial dropped their price target on AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a research report on Tuesday. Robert W. Baird cut their target price on AECOM from $125.00 to $117.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 4th. Citigroup lowered their price target on AECOM from $128.00 to $127.00 and set a "buy" rating for the company in a research report on Wednesday, January 29th. Barclays boosted 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. Finally, KeyCorp dropped their price target on shares of AECOM from $122.00 to $121.00 and set an "overweight" rating for the company in a research note on Wednesday, January 8th. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, AECOM currently has an average rating of "Buy" and a consensus price target of $119.38.
Read Our Latest Report on ACM
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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