Russell Investments Group Ltd. Sells 150,751 Shares of AECOM (NYSE:ACM)

Russell Investments Group Ltd. trimmed its position in AECOM (NYSE:ACM - Free Report) by 40.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 226,457 shares of the construction company's stock after selling 150,751 shares during the quarter. Russell Investments Group Ltd. owned about 0.17% of AECOM worth $24,209,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Principal Securities Inc. raised its holdings in AECOM by 95.9% in 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 shares of AECOM by 390.6% in 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 during the last quarter. National Pension Service bought a new position in shares of AECOM in the fourth quarter worth about $32,000. Wingate Wealth Advisors Inc. acquired a new position in shares of AECOM during the 4th quarter worth about $51,000. Finally, Proficio Capital Partners LLC bought a new stake in AECOM during the 4th quarter valued at approximately $55,000. 85.41% of the stock is owned by institutional investors.

AECOM Price Performance

Shares of AECOM stock traded down $0.07 during trading on Monday, hitting $93.64. 128,120 shares of the company's stock traded hands, compared to its average volume of 1,081,008. AECOM has a twelve month low of $82.23 and a twelve month high of $118.56. 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 has a market cap of $12.42 billion, a PE ratio of 26.60, a PEG ratio of 1.63 and a beta of 1.03. The firm's fifty day moving average price is $96.71 and its 200 day moving average price is $104.47.

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AECOM (NYSE:ACM - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share for the quarter, beating 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%. Analysts forecast that AECOM will post 5.1 earnings per share for the current year.

AECOM Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd will be given a $0.26 dividend. The ex-dividend date is Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 1.11%. AECOM's dividend payout ratio (DPR) is presently 29.55%.

Wall Street Analyst Weigh In

Several research analysts have commented on ACM shares. Barclays lifted their price target on AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Citigroup dropped their target price on shares of AECOM from $128.00 to $127.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. Truist Financial reduced their price target on shares of AECOM from $129.00 to $121.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Robert W. Baird cut their price objective 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. 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 analysts have rated the stock with a buy rating, Based on data from MarketBeat, AECOM presently has a consensus rating of "Buy" and an average target price of $119.38.

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.