CenterBook Partners LP lifted its position in shares of AECOM (NYSE:ACM – Free Report) by 299.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 86,004 shares of the construction company’s stock after purchasing an additional 64,454 shares during the period. CenterBook Partners LP’s holdings in AECOM were worth $5,070,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Waldron Private Wealth LLC grew its holdings in AECOM by 25.6% during the 3rd quarter. Waldron Private Wealth LLC now owns 21,210 shares of the construction company’s stock worth $1,250,000 after acquiring an additional 4,327 shares during the last quarter. Kestra Advisory Services LLC raised its stake in shares of AECOM by 47.0% during the third quarter. Kestra Advisory Services LLC now owns 40,545 shares of the construction company’s stock valued at $2,390,000 after acquiring an additional 12,958 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of AECOM by 5.4% during the third quarter. Commonwealth Equity Services LLC now owns 37,152 shares of the construction company’s stock worth $2,190,000 after purchasing an additional 1,919 shares during the period. Bfsg LLC lifted its holdings in shares of AECOM by 34.9% during the third quarter. Bfsg LLC now owns 920 shares of the construction company’s stock worth $54,000 after purchasing an additional 238 shares during the period. Finally, Covestor Ltd lifted its holdings in shares of AECOM by 100.1% during the third quarter. Covestor Ltd now owns 1,763 shares of the construction company’s stock worth $104,000 after purchasing an additional 882 shares during the period. Institutional investors and hedge funds own 85.41% of the company’s stock.
AECOM Trading Down 0.1%
Shares of NYSE ACM traded down $0.09 during midday trading on Friday, reaching $66.63. The stock had a trading volume of 1,423,727 shares, compared to its average volume of 1,177,247. The firm has a market cap of $8.58 billion, a price-to-earnings ratio of 30.57, a price-to-earnings-growth ratio of 1.22 and a beta of 0.90. AECOM has a twelve month low of $56.39 and a twelve month high of $135.52. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.06 and a current ratio of 1.06. The company’s 50 day moving average price is $62.28 and its 200 day moving average price is $75.51.
AECOM (NYSE:ACM – Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The construction company reported ($0.50) EPS for the quarter, missing analysts’ consensus estimates of $1.46 by ($1.96). AECOM had a net margin of 1.87% and a return on equity of 19.72%. The firm had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the prior year, the company posted $1.34 earnings per share. The company’s revenue for the quarter was down 14.2% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. As a group, sell-side analysts expect that AECOM will post 3.98 EPS for the current year.
AECOM Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 14th were given a dividend of $0.31 per share. The ex-dividend date of this dividend was Wednesday, October 14th. This represents a $1.24 dividend on an annualized basis and a yield of 1.9%. AECOM’s dividend payout ratio is 56.88%.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on ACM shares. Weiss Ratings downgraded AECOM from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, August 12th. Argus lowered their target price on AECOM from $85.00 to $75.00 and set a “buy” rating for the company in a research report on Tuesday, August 25th. Royal Bank Of Canada cut their target price on AECOM from $90.00 to $89.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Bank of America reduced their price target on AECOM from $94.50 to $81.00 and set a “buy” rating on the stock in a research report on Wednesday, August 12th. Finally, Barclays decreased their price target on AECOM from $90.00 to $73.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 12th. Eight investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $80.73.
Get Our Latest Research Report on ACM
AECOM Company Profile
AECOM is a global infrastructure consulting firm that provides professional services across the planning, design, engineering, construction, and management of complex projects. Its work supports transportation systems, buildings, water and wastewater infrastructure, energy facilities, environmental programs, and government and defense initiatives.
The company offers architecture and engineering, program and construction management, environmental consulting, planning, advisory, and asset-management services.
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