Teachers Retirement System of The State of Kentucky Has $13.68 Million Stake in AECOM (NYSE:ACM)

Teachers Retirement System of The State of Kentucky reduced its holdings in AECOM (NYSE:ACM - Free Report) by 7.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 128,101 shares of the construction company's stock after selling 9,817 shares during the quarter. Teachers Retirement System of The State of Kentucky owned about 0.10% of AECOM worth $13,684,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Transce3nd LLC bought a new position in AECOM in the 4th quarter worth approximately $87,000. Sharpepoint LLC bought a new position in AECOM during the fourth quarter worth $2,188,000. MetLife Investment Management LLC raised its stake in AECOM by 9.0% during the 4th quarter. MetLife Investment Management LLC now owns 75,570 shares of the construction company's stock valued at $8,072,000 after purchasing an additional 6,249 shares during the last quarter. Ossiam boosted its holdings in AECOM by 115.5% in the 4th quarter. Ossiam now owns 4,096 shares of the construction company's stock valued at $438,000 after purchasing an additional 2,195 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in AECOM by 8.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,205,920 shares of the construction company's stock valued at $128,820,000 after purchasing an additional 94,880 shares during the period. 85.41% of the stock is currently owned by institutional investors.

AECOM Trading Down 2.1 %

ACM stock opened at $92.34 on Tuesday. 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 stock has a market capitalization of $12.25 billion, a price-to-earnings ratio of 26.23, a P/E/G ratio of 1.63 and a beta of 1.03. The business has a fifty day moving average price of $95.19 and a 200 day moving average price of $104.09. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56.

AECOM (NYSE:ACM - Get Free Report) last issued its quarterly earnings data on Monday, February 3rd. The construction company reported $1.31 EPS 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%. Analysts expect that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.13%. The ex-dividend date of this dividend was Wednesday, April 2nd. AECOM's dividend payout ratio (DPR) is presently 29.55%.

Analyst Ratings Changes

A number of research analysts have recently commented on ACM shares. KeyCorp cut their price objective on shares of AECOM from $121.00 to $109.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Robert W. Baird reduced their price objective on AECOM from $125.00 to $117.00 and set an "outperform" rating for the company in a research report on Tuesday, February 4th. Citigroup lowered their price objective on AECOM from $128.00 to $127.00 and set a "buy" rating on the stock in a research report on Wednesday, January 29th. Barclays raised their target price on AECOM from $105.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Finally, Truist Financial lowered their price target on shares of AECOM from $129.00 to $121.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Nine analysts have rated the stock with a buy rating, According to MarketBeat.com, AECOM currently has an average rating of "Buy" and a consensus target price of $117.88.

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.

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