Swiss National Bank Trims Stock Position in AECOM (NYSE:ACM)

Swiss National Bank decreased its holdings in shares of AECOM (NYSE:ACM - Free Report) by 6.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 378,680 shares of the construction company's stock after selling 25,300 shares during the period. Swiss National Bank owned 0.29% of AECOM worth $40,451,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in ACM. Franklin Resources Inc. increased its position in AECOM by 1.5% during the 3rd quarter. Franklin Resources Inc. now owns 6,162 shares of the construction company's stock valued at $655,000 after buying an additional 91 shares in the last quarter. Ranch Capital Advisors Inc. boosted its stake in shares of AECOM by 2.3% in the 4th quarter. Ranch Capital Advisors Inc. now owns 4,482 shares of the construction company's stock worth $479,000 after buying an additional 99 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of AECOM by 1.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 9,459 shares of the construction company's stock worth $977,000 after buying an additional 103 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of AECOM by 1.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,830 shares of the construction company's stock worth $809,000 after buying an additional 109 shares during the last quarter. Finally, Avitas Wealth Management LLC boosted its stake in shares of AECOM by 0.6% in the 4th quarter. Avitas Wealth Management LLC now owns 18,939 shares of the construction company's stock worth $2,023,000 after buying an additional 110 shares during the last quarter. Institutional investors own 85.41% of the company's stock.

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AECOM Price Performance

AECOM stock traded down $1.16 during midday trading on Thursday, reaching $94.99. The company had a trading volume of 678,208 shares, compared to its average volume of 813,040. The company has a market capitalization of $12.60 billion, a P/E ratio of 26.99, a P/E/G ratio of 1.63 and a beta of 1.22. AECOM has a 12-month low of $82.23 and a 12-month high of $118.56. The firm's fifty day simple moving average is $102.26 and its 200-day simple moving average is $105.20. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 1.14.

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, topping analysts' consensus estimates of $1.10 by $0.21. AECOM had a net margin of 2.93% and a return on equity of 26.84%. As a group, equities analysts anticipate that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date of this dividend is Wednesday, April 2nd. AECOM's dividend payout ratio (DPR) is 29.55%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on ACM shares. Barclays boosted their price target on AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Robert W. Baird cut their target price on AECOM from $125.00 to $117.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 4th. The Goldman Sachs Group started coverage on AECOM in a research note on Friday, November 22nd. They issued a "buy" rating and a $130.00 price objective on the stock. KeyCorp dropped their price objective on AECOM from $122.00 to $121.00 and set an "overweight" rating on the stock in a research note on Wednesday, January 8th. Finally, Truist Financial upped their target price on AECOM from $119.00 to $129.00 and gave the stock a "buy" rating in a report on Friday, November 22nd. Nine analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $120.38.

AECOM Company 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.