Aecom (NYSE:ACM) Director Linda M. Griego sold 5,160 shares of the firm’s stock in a transaction dated Friday, January 12th. The shares were sold at an average price of $38.11, for a total value of $196,647.60. Following the completion of the sale, the director now directly owns 33,335 shares in the company, valued at $1,270,396.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Aecom (ACM) opened at $38.68 on Thursday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market capitalization of $6,125.28, a PE ratio of 18.07, a price-to-earnings-growth ratio of 2.09 and a beta of 1.73. Aecom has a 1 year low of $30.15 and a 1 year high of $39.51.

Aecom (NYSE:ACM) last posted its earnings results on Monday, November 13th. The construction company reported $0.74 EPS for the quarter, beating the consensus estimate of $0.71 by $0.03. The firm had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.63 billion. Aecom had a return on equity of 12.12% and a net margin of 1.86%. The business’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period last year, the company earned $0.65 earnings per share. equities research analysts anticipate that Aecom will post 2.66 EPS for the current fiscal year.

Aecom declared that its board has approved a stock repurchase plan on Thursday, September 21st that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the construction company to repurchase up to 18.3% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Institutional investors have recently bought and sold shares of the business. Prudential Financial Inc. raised its position in Aecom by 7.5% in the third quarter. Prudential Financial Inc. now owns 1,048,130 shares of the construction company’s stock valued at $38,581,000 after purchasing an additional 73,060 shares during the last quarter. Commonwealth Bank of Australia raised its position in Aecom by 210.0% in the second quarter. Commonwealth Bank of Australia now owns 12,400 shares of the construction company’s stock valued at $400,000 after purchasing an additional 8,400 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of Aecom by 9.1% during the third quarter. Schwab Charles Investment Management Inc. now owns 779,074 shares of the construction company’s stock worth $28,678,000 after acquiring an additional 65,000 shares during the last quarter. Sei Investments Co. raised its position in shares of Aecom by 6.6% during the third quarter. Sei Investments Co. now owns 261,827 shares of the construction company’s stock worth $9,638,000 after acquiring an additional 16,272 shares during the last quarter. Finally, J.P. Marvel Investment Advisors LLC raised its position in shares of Aecom by 18.3% during the second quarter. J.P. Marvel Investment Advisors LLC now owns 25,820 shares of the construction company’s stock worth $835,000 after acquiring an additional 4,000 shares during the last quarter. Hedge funds and other institutional investors own 82.36% of the company’s stock.

Several analysts recently weighed in on ACM shares. Citigroup reaffirmed a “buy” rating and issued a $4.00 price objective (down from $40.00) on shares of Aecom in a research note on Friday, October 27th. Credit Suisse Group reaffirmed a “neutral” rating on shares of Aecom in a research note on Tuesday, November 14th. Barclays started coverage on Aecom in a research note on Tuesday, December 12th. They issued an “underweight” rating and a $34.00 price objective on the stock. Zacks Investment Research raised Aecom from a “sell” rating to a “hold” rating in a research note on Wednesday, November 15th. Finally, UBS Group reaffirmed a “buy” rating and issued a $4.00 price objective (down from $40.00) on shares of Aecom in a research note on Tuesday, November 14th. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. Aecom currently has an average rating of “Hold” and an average price target of $32.00.

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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.

Insider Buying and Selling by Quarter for Aecom (NYSE:ACM)

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