HighTower Advisors LLC Acquires 2,863 Shares of AECOM (NYSE:ACM)

HighTower Advisors LLC lifted its position in AECOM (NYSE:ACM - Free Report) by 24.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,457 shares of the construction company's stock after acquiring an additional 2,863 shares during the period. HighTower Advisors LLC's holdings in AECOM were worth $1,544,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Principal Securities Inc. boosted its position in AECOM by 95.9% during the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock worth $25,000 after acquiring an additional 116 shares during the period. Allworth Financial LP grew its position in AECOM by 390.6% during the fourth quarter. Allworth Financial LP now owns 260 shares of the construction company's stock valued at $29,000 after purchasing an additional 207 shares in the last quarter. Private Trust Co. NA acquired a new position in AECOM in the 3rd quarter valued at approximately $30,000. True Wealth Design LLC lifted its position in AECOM by 4,242.9% in the 3rd quarter. True Wealth Design LLC now owns 304 shares of the construction company's stock worth $31,000 after buying an additional 297 shares in the last quarter. Finally, National Pension Service acquired a new stake in shares of AECOM during the 4th quarter valued at $32,000. Institutional investors and hedge funds own 85.41% of the company's stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Barclays increased their price objective on AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Citigroup reduced their price target on AECOM from $128.00 to $127.00 and set a "buy" rating for the company in a report on Wednesday, January 29th. Robert W. Baird cut their price objective on shares of AECOM from $125.00 to $117.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 4th. Finally, KeyCorp reduced their target price 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 investment analysts have rated the stock with a buy rating, According to MarketBeat.com, AECOM has a consensus rating of "Buy" and a consensus target price of $120.38.

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AECOM Trading Down 1.1 %

Shares of NYSE ACM traded down $1.10 during mid-day trading on Tuesday, hitting $94.72. The company's stock had a trading volume of 1,163,077 shares, compared to its average volume of 818,482. AECOM has a one year low of $82.23 and a one year high of $118.56. The stock has a market cap of $12.56 billion, a price-to-earnings ratio of 26.91, a price-to-earnings-growth ratio of 1.63 and a beta of 1.22. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 1.14. The company's fifty day simple moving average is $101.53 and its 200-day simple moving average is $105.20.

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

AECOM Announces Dividend

The company 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 is Wednesday, April 2nd. This represents a $1.04 annualized dividend and a dividend yield of 1.10%. AECOM's dividend payout ratio is currently 29.55%.

AECOM 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.