AECOM (NYSE:ACM) Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC boosted its stake in AECOM (NYSE:ACM - Free Report) by 29.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 80,333 shares of the construction company's stock after acquiring an additional 18,283 shares during the quarter. Intech Investment Management LLC owned 0.06% of AECOM worth $8,581,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Magnus Financial Group LLC raised its holdings in shares of AECOM by 93.5% during the fourth quarter. Magnus Financial Group LLC now owns 4,860 shares of the construction company's stock valued at $519,000 after acquiring an additional 2,348 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in AECOM by 40.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 768,266 shares of the construction company's stock valued at $79,339,000 after purchasing an additional 220,035 shares in the last quarter. TT International Asset Management LTD acquired a new stake in AECOM during the 4th quarter worth $3,578,000. Park Avenue Securities LLC raised its position in shares of AECOM by 176.9% in the fourth quarter. Park Avenue Securities LLC now owns 7,239 shares of the construction company's stock valued at $773,000 after buying an additional 4,625 shares during the last quarter. Finally, Truist Financial Corp boosted its stake in AECOM by 28.7% during the fourth quarter. Truist Financial Corp now owns 9,851 shares of the construction company's stock worth $1,052,000 after buying an additional 2,194 shares during the last quarter. Institutional investors and hedge funds own 85.41% of the company's stock.

AECOM Stock Performance

Shares of ACM traded down $0.85 during mid-day trading on Friday, hitting $94.14. The stock had a trading volume of 2,551,126 shares, compared to its average volume of 817,060. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56. 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 company has a market cap of $12.49 billion, a PE ratio of 26.74, a PEG ratio of 1.63 and a beta of 1.22. The company's fifty day simple moving average is $101.78 and its two-hundred day simple moving average is $105.14.

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

AECOM Announces Dividend

The business also recently declared 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. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend is Wednesday, April 2nd. AECOM's payout ratio is 29.55%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on ACM shares. Robert W. Baird decreased their price target on shares of AECOM from $125.00 to $117.00 and set an "outperform" rating for the company in a research report on Tuesday, February 4th. Citigroup decreased their target price on AECOM from $128.00 to $127.00 and set a "buy" rating for the company in a research report on Wednesday, January 29th. KeyCorp dropped their target price on AECOM from $122.00 to $121.00 and set an "overweight" rating on the stock in a report on Wednesday, January 8th. Finally, Barclays upped their price target on AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat, AECOM presently has a consensus rating of "Buy" and a consensus price target of $120.38.

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.