BNP PARIBAS ASSET MANAGEMENT Holding S.A. Purchases 12,502 Shares of AECOM $ACM

BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in AECOM (NYSE:ACM) by 28.7% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 56,053 shares of the construction company’s stock after purchasing an additional 12,502 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in AECOM were worth $6,326,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ACM. Nuveen LLC bought a new stake in AECOM in the 1st quarter worth about $78,900,000. The Manufacturers Life Insurance Company grew its position in AECOM by 421.9% in the 1st 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 grew its position in AECOM by 33.2% in the 1st quarter. Northern Trust Corp now owns 2,218,412 shares of the construction company’s stock worth $205,713,000 after purchasing an additional 553,519 shares in the last quarter. International Assets Investment Management LLC bought a new stake in AECOM in the 2nd quarter worth about $414,000. Finally, Nordea Investment Management AB grew its position in AECOM by 65.0% in the 2nd quarter. Nordea Investment Management AB now owns 717,270 shares of the construction company’s stock worth $80,506,000 after purchasing an additional 282,649 shares in the last quarter. 85.41% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on ACM. KeyCorp upped their price objective on shares of AECOM from $131.00 to $144.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Barclays increased their target price on shares of AECOM from $130.00 to $145.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. Weiss Ratings reissued a “buy (b)” rating on shares of AECOM in a research report on Wednesday, October 8th. National Bank Financial began coverage on shares of AECOM in a research report on Wednesday, October 8th. They set an “outperform” rating and a $151.00 target price for the company. Finally, Citigroup increased their target price on shares of AECOM from $140.00 to $150.00 and gave the company a “buy” rating in a research report on Monday, October 20th. Eleven analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $137.30.

Insider Buying and Selling

In related news, CEO Troy Rudd sold 53,097 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $119.56, for a total value of $6,348,277.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.41% of the company’s stock.

AECOM Stock Down 0.6%

ACM opened at $130.92 on Wednesday. The company has a 50 day moving average of $129.71 and a 200 day moving average of $117.70. The company has a market cap of $17.34 billion, a PE ratio of 28.52, a price-to-earnings-growth ratio of 1.96 and a beta of 1.06. AECOM has a 12 month low of $85.00 and a 12 month high of $135.00. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.91.

AECOM (NYSE:ACM) last released its quarterly earnings data on Monday, August 4th. The construction company reported $1.34 EPS for the quarter, topping the consensus estimate of $1.25 by $0.09. The company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $4.33 billion. AECOM had a net margin of 3.82% and a return on equity of 27.87%. AECOM’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the firm earned $1.16 EPS. On average, sell-side analysts expect that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Wednesday, October 1st were issued a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $1.04 annualized dividend and a yield of 0.8%. AECOM’s dividend payout ratio (DPR) is 22.66%.

AECOM 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.