Front Street Capital Management Inc. held its position in shares of AECOM (NYSE:ACM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,400 shares of the construction company’s stock at the end of the second quarter. Front Street Capital Management Inc.’s holdings in AECOM were worth $304,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in ACM. Bank of Montreal Can boosted its position in shares of AECOM by 12.2% in the first quarter. Bank of Montreal Can now owns 30,036 shares of the construction company’s stock valued at $1,069,000 after buying an additional 3,255 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of AECOM by 4.1% in the first quarter. Nisa Investment Advisors LLC now owns 63,249 shares of the construction company’s stock valued at $2,251,000 after buying an additional 2,500 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its position in shares of AECOM by 1.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 53,771 shares of the construction company’s stock valued at $1,914,000 after buying an additional 700 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of AECOM by 103.9% in the first quarter. Wells Fargo & Company MN now owns 313,090 shares of the construction company’s stock valued at $11,143,000 after buying an additional 159,507 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its position in shares of AECOM by 74.4% in the first quarter. Canada Pension Plan Investment Board now owns 27,200 shares of the construction company’s stock valued at $968,000 after buying an additional 11,600 shares in the last quarter. 82.06% of the stock is owned by institutional investors and hedge funds.

AECOM (NYSE:ACM) opened at 33.2207 on Thursday. AECOM has a 52-week low of $26.46 and a 52-week high of $40.72. The firm has a market cap of $5.21 billion, a price-to-earnings ratio of 20.3434 and a beta of 1.75. The company has a 50 day moving average price of $31.93 and a 200-day moving average price of $33.71.

AECOM (NYSE:ACM) last issued its earnings results on Tuesday, August 8th. The construction company reported $0.78 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.78. The company had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.54 billion. AECOM had a return on equity of 12.19% and a net margin of 1.46%. The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period last year, the business posted $0.81 EPS. Equities research analysts anticipate that AECOM will post $2.91 EPS for the current year.

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ACM has been the subject of several research reports. Argus decreased their target price on AECOM from $43.00 to $33.00 and set a “buy” rating for the company in a research note on Friday, June 2nd. BidaskClub cut AECOM from a “sell” rating to a “strong sell” rating in a research note on Tuesday, June 20th. UBS AG set a $38.00 target price on AECOM and gave the company a “buy” rating in a research note on Monday, June 26th. Credit Suisse Group reaffirmed a “buy” rating and set a $44.00 target price on shares of AECOM in a research note on Thursday, June 29th. Finally, Robert W. Baird cut AECOM from an “outperform” rating to a “neutral” rating and set a $4.00 target price for the company. in a research note on Tuesday, July 4th. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $35.55.

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.

Institutional Ownership by Quarter for AECOM (NYSE:ACM)

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