Man Group plc bought a new position in shares of AECOM (NYSE:ACM – Free Report) during the second quarter, Holdings Channel.com reports. The firm bought 32,408 shares of the construction company’s stock, valued at approximately $2,262,000.
Other large investors have also recently bought and sold shares of the company. Northwestern Mutual Investment Management Company LLC lifted its position in AECOM by 0.4% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 29,634 shares of the construction company’s stock valued at $2,825,000 after purchasing an additional 113 shares during the period. Bank Julius Baer & Co. Ltd Zurich grew its position in shares of AECOM by 12.3% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,089 shares of the construction company’s stock worth $104,000 after buying an additional 119 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its stake in shares of AECOM by 86.7% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 280 shares of the construction company’s stock worth $27,000 after buying an additional 130 shares during the last quarter. Ellevest Inc. lifted its holdings in AECOM by 3.2% in the fourth quarter. Ellevest Inc. now owns 4,231 shares of the construction company’s stock valued at $403,000 after buying an additional 131 shares during the period. Finally, Caitong International Asset Management Co. Ltd boosted its stake in AECOM by 95.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company’s stock valued at $28,000 after acquiring an additional 144 shares during the last quarter. Institutional investors and hedge funds own 85.41% of the company’s stock.
AECOM Price Performance
Shares of NYSE ACM opened at $66.23 on Wednesday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.11. AECOM has a twelve month low of $60.35 and a twelve month high of $135.52. The business’s 50 day moving average price is $68.61 and its two-hundred day moving average price is $77.47. The company has a market cap of $8.52 billion, a PE ratio of 30.38, a price-to-earnings-growth ratio of 1.81 and a beta of 0.91.
Insider Transactions at AECOM
In other news, President Lara Poloni acquired 4,224 shares of the stock in a transaction dated Tuesday, June 16th. The stock was bought at an average price of $70.63 per share, with a total value of $298,341.12. Following the completion of the purchase, the president directly owned 153,446 shares of the company’s stock, valued at $10,837,890.98. This represents a 2.83% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.46% of the stock is currently owned by insiders.
Analyst Ratings Changes
A number of equities research analysts recently commented on ACM shares. Zacks Research downgraded AECOM from a “hold” rating to a “strong sell” rating in a report on Monday, August 10th. Barclays decreased their target price on AECOM from $90.00 to $73.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 12th. KeyCorp cut their price target on shares of AECOM from $101.00 to $79.00 and set an “overweight” rating on the stock in a research report on Wednesday, August 12th. Piper Sandler set a $79.00 target price on shares of AECOM in a research note on Wednesday, August 12th. Finally, Wall Street Zen cut shares of AECOM from a “buy” rating to a “hold” rating in a research report on Monday, July 6th. Nine equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, AECOM has a consensus rating of “Moderate Buy” and an average price target of $89.58.
Check Out Our Latest Stock Report on AECOM
AECOM Profile
AECOM is a multinational infrastructure consulting firm that provides a broad range of professional technical and management services. Its core offerings include architecture and engineering design, program and construction management, environmental remediation and consulting, and operations and maintenance support. The company works across the full project lifecycle from planning and design through construction and long‑term asset management.
AECOM serves public- and private-sector clients in major built-environment markets, including transportation (roads, bridges, rail, airports), water and wastewater systems, buildings and places, energy and power, and environmental services.
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