Aecom (NYSE:ACM) CEO Michael S. Burke sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 12th. The stock was sold at an average price of $39.00, for a total transaction of $1,170,000.00. Following the sale, the chief executive officer now owns 157,649 shares in the company, valued at $6,148,311. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Aecom (ACM) traded down $0.56 during midday trading on Friday, reaching $36.93. 2,107,200 shares of the company traded hands, compared to its average volume of 994,199. Aecom has a twelve month low of $30.15 and a twelve month high of $39.50. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market cap of $5,820.00, a PE ratio of 13.02, a price-to-earnings-growth ratio of 2.06 and a beta of 1.73.

Aecom (NYSE:ACM) last posted its quarterly earnings data on Monday, November 13th. The construction company reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.03. The company had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.63 billion. Aecom had a net margin of 1.86% and a return on equity of 12.12%. The firm’s revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.65 EPS. equities analysts predict that Aecom will post 2.66 EPS for the current fiscal year.

Aecom announced that its Board of Directors has authorized a share buyback program on Thursday, September 21st that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the construction company to buy up to 18.3% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its shares are undervalued.

ACM has been the subject of a number of recent analyst reports. KeyCorp reissued a “buy” rating and issued a $40.00 target price on shares of Aecom in a report on Friday, August 25th. Citigroup restated a “buy” rating and set a $4.00 price objective (down from $40.00) on shares of Aecom in a research note on Friday, October 27th. Credit Suisse Group restated a “neutral” rating on shares of Aecom in a research note on Tuesday, November 14th. Robert W. Baird reissued a “hold” rating and issued a $36.00 target price on shares of Aecom in a research note on Tuesday, September 5th. Finally, DA Davidson reissued a “hold” rating and issued a $39.00 target price on shares of Aecom in a research note on Tuesday, November 14th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. Aecom currently has an average rating of “Hold” and an average target price of $31.30.

Hedge funds and other institutional investors have recently modified their holdings of the company. Stifel Financial Corp lifted its position in Aecom by 4.2% during the second quarter. Stifel Financial Corp now owns 10,925 shares of the construction company’s stock valued at $353,000 after purchasing an additional 441 shares during the period. Sii Investments Inc. WI increased its holdings in Aecom by 3.5% during the second quarter. Sii Investments Inc. WI now owns 13,252 shares of the construction company’s stock valued at $429,000 after buying an additional 450 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Aecom by 12.0% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,359 shares of the construction company’s stock worth $173,000 after purchasing an additional 576 shares in the last quarter. Utah Retirement Systems increased its stake in shares of Aecom by 2.2% in the second quarter. Utah Retirement Systems now owns 28,329 shares of the construction company’s stock worth $916,000 after purchasing an additional 600 shares in the last quarter. Finally, Ameritas Investment Partners Inc. increased its stake in shares of Aecom by 1.8% in the second quarter. Ameritas Investment Partners Inc. now owns 46,604 shares of the construction company’s stock worth $1,507,000 after purchasing an additional 819 shares in the last quarter. Hedge funds and other institutional investors own 82.39% of the company’s stock.

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Aecom Company Profile

AECOM is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The Company’s segments include design and consulting services (DCS), construction services (CS) and management services (MS). Its DCS segment is engaged in planning, consulting, architectural and engineering design services to commercial and government clients in major end markets, such as transportation, facilities, environmental, energy, water and government.

Insider Buying and Selling by Quarter for Aecom (NYSE:ACM)

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