Dynamic Technology Lab Private Ltd bought a new position in shares of Aecom (NYSE:ACM) during the 2nd quarter, HoldingsChannel reports. The fund bought 20,769 shares of the construction company’s stock, valued at approximately $686,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. BlackRock Inc. boosted its stake in Aecom by 2.9% during the second quarter. BlackRock Inc. now owns 13,294,925 shares of the construction company’s stock worth $439,132,000 after acquiring an additional 375,863 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Aecom by 0.9% during the second quarter. Dimensional Fund Advisors LP now owns 4,819,230 shares of the construction company’s stock worth $159,177,000 after acquiring an additional 42,033 shares in the last quarter. Pzena Investment Management LLC boosted its stake in Aecom by 1.6% during the second quarter. Pzena Investment Management LLC now owns 2,350,270 shares of the construction company’s stock worth $77,629,000 after acquiring an additional 37,560 shares in the last quarter. Lord Abbett & CO. LLC boosted its stake in Aecom by 0.6% during the first quarter. Lord Abbett & CO. LLC now owns 1,909,129 shares of the construction company’s stock worth $68,022,000 after acquiring an additional 10,709 shares in the last quarter. Finally, Strs Ohio boosted its stake in Aecom by 0.7% during the second quarter. Strs Ohio now owns 1,337,171 shares of the construction company’s stock worth $44,166,000 after acquiring an additional 9,171 shares in the last quarter. 84.42% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms have weighed in on ACM. Citigroup dropped their price objective on shares of Aecom from $45.00 to $42.00 and set a “buy” rating on the stock in a research note on Wednesday, August 8th. Zacks Investment Research raised shares of Aecom from a “sell” rating to a “hold” rating in a research note on Thursday, August 9th. Argus lowered shares of Aecom from a “buy” rating to a “hold” rating in a research note on Wednesday, August 15th. Finally, Credit Suisse Group dropped their price objective on shares of Aecom from $38.00 to $36.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $36.00.

Aecom stock opened at $32.31 on Friday. Aecom has a 1-year low of $30.95 and a 1-year high of $39.90. The firm has a market capitalization of $5.18 billion, a price-to-earnings ratio of 12.40, a price-to-earnings-growth ratio of 2.16 and a beta of 1.58. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.20 and a current ratio of 1.20.

Aecom (NYSE:ACM) last released its quarterly earnings data on Tuesday, August 7th. The construction company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. Aecom had a net margin of 0.72% and a return on equity of 9.86%. The firm had revenue of $5.15 billion for the quarter, compared to analyst estimates of $4.88 billion. During the same period last year, the firm earned $0.78 earnings per share. equities research analysts predict that Aecom will post 2.68 EPS for the current year.

In other Aecom news, EVP Carla J. Christofferson sold 1,000 shares of the firm’s stock in a transaction on Friday, July 6th. The shares were sold at an average price of $33.00, for a total value of $33,000.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.74% of the stock is currently owned by company insiders.

Aecom Profile

AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. The company operates through four segments: Design and Consulting Services (DCS), Construction Services (CS), Management Services (MS), and AECOM Capital (ACAP). The DCS segment provides planning, consulting, architectural and engineering design, program management, and construction management services for industrial, commercial, institutional, and government clients, such as transportation, facilities, environmental, and energy/power markets.

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Institutional Ownership by Quarter for Aecom (NYSE:ACM)

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