International Assets Investment Management LLC Makes New $414,000 Investment in AECOM $ACM

International Assets Investment Management LLC bought a new position in AECOM (NYSE:ACM) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 342,631 shares of the construction company’s stock, valued at approximately $414,000.

Several other institutional investors have also recently made changes to their positions in the company. Northern Trust Corp grew its position in AECOM by 33.2% during the first quarter. Northern Trust Corp now owns 2,218,412 shares of the construction company’s stock valued at $205,713,000 after buying an additional 553,519 shares during the period. Amundi grew its position in AECOM by 16.6% during the first quarter. Amundi now owns 1,683,266 shares of the construction company’s stock valued at $156,096,000 after buying an additional 239,608 shares during the period. Dimensional Fund Advisors LP grew its position in AECOM by 4.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,261,386 shares of the construction company’s stock valued at $116,961,000 after buying an additional 55,466 shares during the period. Deutsche Bank AG grew its position in AECOM by 2.7% during the first quarter. Deutsche Bank AG now owns 1,144,329 shares of the construction company’s stock valued at $106,114,000 after buying an additional 29,748 shares during the period. Finally, Goldman Sachs Group Inc. grew its position in AECOM by 3.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,080,814 shares of the construction company’s stock valued at $100,224,000 after buying an additional 36,804 shares during the period. Institutional investors own 85.41% of the company’s stock.

AECOM Trading Down 3.0%

Shares of ACM opened at $130.17 on Thursday. The firm’s 50 day simple moving average is $127.70 and its 200 day simple moving average is $114.67. The company has a market capitalization of $17.24 billion, a P/E ratio of 28.36, a P/E/G ratio of 1.97 and a beta of 1.03. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.17 and a quick ratio of 1.17. AECOM has a 1-year low of $85.00 and a 1-year high of $134.88.

AECOM (NYSE:ACM) last announced its earnings results on Monday, August 4th. The construction company reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.25 by $0.09. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $4.33 billion. AECOM had a net margin of 3.82% and a return on equity of 27.87%. AECOM’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the firm posted $1.16 earnings per share. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. Sell-side analysts forecast that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. AECOM’s dividend payout ratio (DPR) is 22.66%.

Insider Activity at AECOM

In other AECOM news, CEO Troy Rudd sold 53,097 shares of AECOM stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $119.56, for a total transaction of $6,348,277.32. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.41% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on ACM shares. Citigroup increased their target price on shares of AECOM from $140.00 to $150.00 and gave the stock a “buy” rating in a research report on Monday. Weiss Ratings reiterated a “buy (b)” rating on shares of AECOM in a research report on Wednesday, October 8th. Barclays increased their target price on shares of AECOM from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Monday. National Bank Financial started coverage on shares of AECOM in a research report on Wednesday, October 8th. They set an “outperform” rating and a $151.00 target price for the company. Finally, KeyCorp increased their target price on shares of AECOM from $131.00 to $144.00 and gave the stock an “overweight” rating in a research report on Monday. Eleven investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, AECOM currently has a consensus rating of “Buy” and a consensus target price of $137.30.

AECOM Company Profile

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.