Vest Financial LLC Sells 96,577 Shares of AECOM $ACM

Vest Financial LLC lowered its stake in AECOM (NYSE:ACM) by 50.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 95,006 shares of the construction company’s stock after selling 96,577 shares during the period. Vest Financial LLC’s holdings in AECOM were worth $5,601,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd raised its holdings in AECOM by 95.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company’s stock worth $28,000 after purchasing an additional 144 shares in the last quarter. Western Wealth Management LLC bought a new stake in shares of AECOM during the 1st quarter valued at about $36,000. Compass Financial Management LLC bought a new stake in shares of AECOM during the 2nd quarter valued at about $36,000. Root Financial Partners LLC increased its position in shares of AECOM by 118.3% during the first quarter. Root Financial Partners LLC now owns 631 shares of the construction company’s stock valued at $54,000 after buying an additional 342 shares during the period. Finally, SJS Investment Consulting Inc. increased its position in shares of AECOM by 199.1% during the first quarter. SJS Investment Consulting Inc. now owns 649 shares of the construction company’s stock valued at $55,000 after buying an additional 432 shares during the period. 85.41% of the stock is owned by hedge funds and other institutional investors.

AECOM Price Performance

ACM opened at $60.51 on Friday. The stock has a 50-day moving average price of $62.30 and a 200-day moving average price of $69.66. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market cap of $7.79 billion, a PE ratio of 16.26, a P/E/G ratio of 1.13 and a beta of 0.93. AECOM has a 1 year low of $56.39 and a 1 year high of $135.52.

AECOM (NYSE:ACM) last announced its quarterly earnings data on Monday, August 10th. The construction company reported ($0.50) EPS for the quarter, missing the consensus estimate of $1.46 by ($1.96). The firm had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $2.01 billion. AECOM had a net margin of 1.87% and a return on equity of 19.72%. The business’s revenue for the quarter was down 14.2% compared to the same quarter last year. During the same period last year, the company posted $1.34 earnings per share. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. Sell-side analysts predict that AECOM will post 3.98 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, October 14th will be paid a dividend of $0.31 per share. The ex-dividend date is Wednesday, October 14th. This represents a $1.24 annualized dividend and a yield of 2.0%. AECOM’s dividend payout ratio is currently 56.88%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. UBS Group lowered their price objective on shares of AECOM from $106.00 to $103.00 and set a “buy” rating for the company in a report on Thursday, October 8th. Bank of America decreased their target price on AECOM from $94.50 to $81.00 and set a “buy” rating for the company in a research report on Wednesday, August 12th. Wall Street Zen cut AECOM from a “buy” rating to a “hold” rating in a research note on Monday, July 6th. Weiss Ratings lowered AECOM from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, August 12th. Finally, The Goldman Sachs Group set a $91.00 price target on AECOM in a research note on Wednesday, August 12th. Eight analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $80.73.

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.