S&T Bank PA increased its position in Aecom (NYSE:ACM) by 0.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 312,912 shares of the construction company’s stock after buying an additional 1,334 shares during the period. Aecom accounts for about 2.6% of S&T Bank PA’s investment portfolio, making the stock its 6th biggest position. S&T Bank PA owned about 0.20% of Aecom worth $11,844,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Geode Capital Management LLC increased its stake in Aecom by 4.0% during the fourth quarter. Geode Capital Management LLC now owns 1,631,090 shares of the construction company’s stock worth $43,223,000 after acquiring an additional 63,085 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in Aecom by 68.3% during the first quarter. BNP Paribas Arbitrage SA now owns 4,245 shares of the construction company’s stock worth $126,000 after acquiring an additional 1,723 shares during the last quarter. Bank of Montreal Can increased its stake in Aecom by 72.6% during the first quarter. Bank of Montreal Can now owns 51,440 shares of the construction company’s stock worth $1,526,000 after acquiring an additional 21,632 shares during the last quarter. Texas Permanent School Fund increased its stake in Aecom by 3.6% during the first quarter. Texas Permanent School Fund now owns 105,986 shares of the construction company’s stock worth $3,145,000 after acquiring an additional 3,671 shares during the last quarter. Finally, American International Group Inc. increased its stake in Aecom by 7.6% during the first quarter. American International Group Inc. now owns 342,774 shares of the construction company’s stock worth $10,170,000 after acquiring an additional 24,078 shares during the last quarter. Institutional investors own 87.35% of the company’s stock.

Several equities research analysts have weighed in on the company. Barclays raised Aecom from an “underweight” rating to an “overweight” rating and boosted their price objective for the stock from $30.00 to $38.00 in a research note on Monday, August 19th. Bank of America began coverage on Aecom in a research note on Thursday, August 22nd. They set a “neutral” rating on the stock. Credit Suisse Group upped their target price on Aecom from $32.00 to $39.00 and gave the company a “neutral” rating in a research note on Tuesday, June 18th. ValuEngine cut Aecom from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Finally, Deutsche Bank upped their target price on Aecom from $34.00 to $38.00 and gave the company a “hold” rating in a research note on Tuesday, June 18th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Aecom has a consensus rating of “Buy” and an average target price of $37.75.

Shares of ACM traded down $0.36 during mid-day trading on Thursday, reaching $38.03. 1,077,637 shares of the company’s stock traded hands, compared to its average volume of 908,906. The stock has a market cap of $6.02 billion, a P/E ratio of 14.19, a P/E/G ratio of 1.48 and a beta of 1.74. The stock’s 50-day moving average is $34.94 and its two-hundred day moving average is $33.57. Aecom has a 12 month low of $24.83 and a 12 month high of $38.75. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.22 and a quick ratio of 1.22.

Aecom (NYSE:ACM) last released its earnings results on Tuesday, August 6th. The construction company reported $0.72 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.02). The business had revenue of $4.98 billion for the quarter, compared to the consensus estimate of $5.25 billion. Aecom had a net margin of 1.46% and a return on equity of 10.27%. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.62 EPS. Research analysts predict that Aecom will post 2.77 earnings per share for the current year.

About Aecom

AECOM, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. It operates through four segments: Design and Consulting Services (DCS), Construction Services (CS), Management Services (MS), and AECOM Capital (ACAP). The DCS segment offers planning, consulting, architectural and engineering design, program management, and construction management services for industrial, commercial, institutional, and government clients, including the transportation, facilities, environmental, energy, and water markets.

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Institutional Ownership by Quarter for Aecom (NYSE:ACM)

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