JPMorgan Chase & Co. Sells 196,201 Shares of AECOM $ACM

JPMorgan Chase & Co. lowered its stake in AECOM (NYSE:ACM) by 21.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 718,657 shares of the construction company’s stock after selling 196,201 shares during the quarter. JPMorgan Chase & Co.’s holdings in AECOM were worth $81,111,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in ACM. Nuveen LLC purchased a new stake in AECOM in the 1st quarter worth approximately $78,900,000. The Manufacturers Life Insurance Company increased its stake in shares of AECOM by 421.9% in the first quarter. The Manufacturers Life Insurance Company now owns 936,273 shares of the construction company’s stock worth $86,821,000 after purchasing an additional 756,859 shares in the last quarter. Northern Trust Corp raised its position in shares of AECOM by 33.2% during the 1st quarter. Northern Trust Corp now owns 2,218,412 shares of the construction company’s stock valued at $205,713,000 after purchasing an additional 553,519 shares during the period. International Assets Investment Management LLC bought a new stake in shares of AECOM during the 2nd quarter valued at $414,000. Finally, Nordea Investment Management AB lifted its stake in shares of AECOM by 65.0% during the 2nd quarter. Nordea Investment Management AB now owns 717,270 shares of the construction company’s stock valued at $80,506,000 after buying an additional 282,649 shares in the last quarter. 85.41% of the stock is owned by hedge funds and other institutional investors.

AECOM Price Performance

Shares of AECOM stock opened at $103.13 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.17 and a current ratio of 1.17. AECOM has a one year low of $85.00 and a one year high of $135.52. The stock has a market cap of $13.66 billion, a price-to-earnings ratio of 22.47, a price-to-earnings-growth ratio of 1.96 and a beta of 1.06. The stock has a 50 day moving average price of $127.24 and a 200-day moving average price of $119.98.

AECOM (NYSE:ACM) last posted its quarterly earnings results on Tuesday, November 18th. The construction company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.02. AECOM had a net margin of 3.82% and a return on equity of 27.87%. The firm had revenue of $4.18 billion for the quarter, compared to analysts’ expectations of $4.31 billion. During the same period in the prior year, the business posted $1.27 earnings per share. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. AECOM has set its FY 2026 guidance at 5.650-5.850 EPS. Equities analysts expect that AECOM will post 5.1 EPS for the current year.

AECOM Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Wednesday, January 7th will be paid a dividend of $0.31 per share. This is a boost from AECOM’s previous quarterly dividend of $0.26. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Wednesday, January 7th. AECOM’s payout ratio is 29.45%.

Analyst Upgrades and Downgrades

ACM has been the topic of a number of recent analyst reports. Robert W. Baird decreased their price target on AECOM from $144.00 to $143.00 and set a “neutral” rating on the stock in a report on Wednesday, November 19th. Citigroup boosted their price target on AECOM from $150.00 to $152.00 and gave the stock a “buy” rating in a report on Wednesday, November 19th. UBS Group cut their price objective on shares of AECOM from $153.00 to $148.00 and set a “buy” rating for the company in a report on Wednesday, November 19th. Wall Street Zen cut shares of AECOM from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Finally, Argus dropped their target price on shares of AECOM from $155.00 to $135.00 and set a “buy” rating for the company in a research report on Thursday, November 20th. Ten equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $141.90.

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.