Northwest & Ethical Investments L.P. Has $11.92 Million Holdings in AECOM (NYSE:ACM)

Northwest & Ethical Investments L.P. increased its position in AECOM (NYSE:ACM - Free Report) by 60.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 111,606 shares of the construction company's stock after acquiring an additional 41,865 shares during the period. Northwest & Ethical Investments L.P. owned approximately 0.08% of AECOM worth $11,922,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ACM. Principal Securities Inc. boosted its position in shares of AECOM by 95.9% during the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company's stock valued at $25,000 after purchasing an additional 116 shares in the last quarter. Allworth Financial LP raised its stake in AECOM by 390.6% during the 4th quarter. Allworth Financial LP now owns 260 shares of the construction company's stock valued at $29,000 after purchasing an additional 207 shares during the period. Private Trust Co. NA purchased a new stake in AECOM in the 3rd quarter worth about $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 purchased a new stake in shares of AECOM during the fourth quarter worth $32,000. 85.41% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

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AECOM Stock Performance

Shares of ACM traded up $1.86 during trading hours on Monday, hitting $95.96. The company had a trading volume of 1,268,366 shares, compared to its average volume of 818,881. The firm has a market cap of $12.73 billion, a price-to-earnings ratio of 27.26, a PEG ratio of 1.63 and a beta of 1.22. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. AECOM has a 12 month low of $82.23 and a 12 month high of $118.56. The business has a fifty day moving average of $101.78 and a 200-day moving average of $105.20.

AECOM (NYSE:ACM - Get Free Report) last issued its quarterly 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 analysts anticipate that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend is Wednesday, April 2nd. AECOM's dividend payout ratio (DPR) is 29.55%.

About AECOM

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.