Vinva Investment Management Ltd raised its position in shares of AECOM (NYSE:ACM - Free Report) by 198.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,469 shares of the construction company's stock after purchasing an additional 74,781 shares during the period. Vinva Investment Management Ltd owned 0.08% of AECOM worth $12,040,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Xponance Inc. raised its stake in shares of AECOM by 7.7% in the 4th quarter. Xponance Inc. now owns 25,079 shares of the construction company's stock valued at $2,679,000 after acquiring an additional 1,802 shares in the last quarter. Intech Investment Management LLC raised its stake in shares of AECOM by 29.5% in the 4th quarter. Intech Investment Management LLC now owns 80,333 shares of the construction company's stock valued at $8,581,000 after acquiring an additional 18,283 shares in the last quarter. Advisors Asset Management Inc. raised its stake in shares of AECOM by 10.3% in the 4th quarter. Advisors Asset Management Inc. now owns 44,537 shares of the construction company's stock valued at $4,757,000 after acquiring an additional 4,147 shares in the last quarter. Twin Tree Management LP bought a new position in shares of AECOM in the 4th quarter valued at approximately $2,476,000. Finally, Glenview Trust co bought a new position in shares of AECOM in the 4th quarter valued at approximately $778,000. 85.41% of the stock is owned by hedge funds and other institutional investors.
AECOM Stock Performance
ACM traded down $0.85 during midday trading on Friday, reaching $94.14. The company's stock had a trading volume of 2,551,126 shares, compared to its average volume of 817,060. AECOM has a twelve month low of $82.23 and a twelve month high of $118.56. The stock has a market cap of $12.49 billion, a P/E ratio of 26.74, a PEG ratio of 1.63 and a beta of 1.22. The company has a fifty day simple moving average of $101.78 and a 200 day simple moving average of $105.14. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02.
AECOM (NYSE:ACM - Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The construction company reported $1.31 earnings per share for the quarter, topping 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%. Research analysts expect that AECOM will post 5.1 earnings per share for the current year.
AECOM Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 1.10%. The ex-dividend date of this dividend is Wednesday, April 2nd. AECOM's dividend payout ratio is 29.55%.
Analysts Set New Price Targets
A number of research analysts recently weighed in on ACM shares. Barclays raised their price objective on AECOM from $105.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Robert W. Baird cut their price objective on AECOM from $125.00 to $117.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 4th. KeyCorp lowered their target price on AECOM from $122.00 to $121.00 and set an "overweight" rating on the stock in a report on Wednesday, January 8th. Finally, Citigroup lowered their target price on AECOM from $128.00 to $127.00 and set a "buy" rating on the stock in a report on Wednesday, January 29th. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, AECOM has an average rating of "Buy" and a consensus price target of $120.38.
Read Our Latest Research Report on AECOM
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.
Featured Stories
Before you consider AECOM, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AECOM wasn't on the list.
While AECOM currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
