MetLife Investment Management LLC boosted its holdings in shares of AECOM (NYSE:ACM - Free Report) by 9.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 75,570 shares of the construction company's stock after purchasing an additional 6,249 shares during the quarter. MetLife Investment Management LLC owned about 0.06% of AECOM worth $8,072,000 as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. Principal Securities Inc. grew its position in AECOM by 95.9% in the fourth quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock worth $25,000 after acquiring an additional 116 shares in the last quarter. Allworth Financial LP lifted its position in 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 buying an additional 207 shares during the last quarter. National Pension Service purchased a new position in AECOM during the fourth quarter worth $32,000. Wingate Wealth Advisors Inc. bought a new position in AECOM during the fourth quarter valued at $51,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of AECOM in the fourth quarter valued at $55,000. Institutional investors own 85.41% of the company's stock.
Analyst Upgrades and Downgrades
ACM has been the subject of a number of recent analyst reports. Citigroup dropped their price target on shares of AECOM from $127.00 to $116.00 and set a "buy" rating for the company in a research note on Friday. KeyCorp cut their target price on AECOM from $121.00 to $109.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Truist Financial decreased their price target on AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Barclays upped their price objective on AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Finally, Robert W. Baird decreased their target price on AECOM from $125.00 to $117.00 and set an "outperform" rating for the company in a research report on Tuesday, February 4th. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, AECOM has an average rating of "Buy" and a consensus target price of $116.50.
Check Out Our Latest Stock Report on ACM
AECOM Stock Down 0.3 %
Shares of AECOM stock traded down $0.31 during trading on Friday, hitting $97.34. 548,703 shares of the stock traded hands, compared to its average volume of 908,443. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02. The stock's fifty day simple moving average is $94.87 and its 200 day simple moving average is $103.90. The firm has a market cap of $12.91 billion, a P/E ratio of 27.65, a price-to-earnings-growth ratio of 1.63 and a beta of 1.03. AECOM has a 52-week low of $82.23 and a 52-week high of $118.56.
AECOM (NYSE:ACM - Get Free Report) last posted its quarterly earnings results on Monday, February 3rd. The construction company reported $1.31 EPS 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 predict that AECOM will post 5.1 earnings per share for the current fiscal year.
AECOM Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd were issued a $0.26 dividend. The ex-dividend date was Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 1.07%. AECOM's dividend payout ratio is presently 29.55%.
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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