United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund boosted its position in AECOM (NYSE:ACM – Free Report) by 147.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,300 shares of the construction company’s stock after purchasing an additional 11,500 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in AECOM were worth $2,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently bought and sold shares of the company. Westend Capital Management LLC bought a new position in shares of AECOM in the third quarter worth $26,000. Atlantic Union Bankshares Corp purchased a new stake in shares of AECOM in the third quarter worth $26,000. Ameriflex Group Inc. boosted its stake in AECOM by 100.0% during the third quarter. Ameriflex Group Inc. now owns 294 shares of the construction company’s stock valued at $38,000 after buying an additional 147 shares during the period. EverSource Wealth Advisors LLC grew its position in AECOM by 189.3% during the second quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock worth $34,000 after buying an additional 195 shares in the last quarter. Finally, Optiver Holding B.V. grew its position in AECOM by 219.8% during the third quarter. Optiver Holding B.V. now owns 307 shares of the construction company’s stock worth $40,000 after buying an additional 211 shares in the last quarter. 85.41% of the stock is owned by institutional investors.
AECOM Stock Performance
NYSE:ACM opened at $94.17 on Friday. The company has a market capitalization of $12.18 billion, a price-to-earnings ratio of 26.75, a PEG ratio of 1.16 and a beta of 1.06. The business has a 50 day moving average of $96.75 and a 200 day moving average of $112.47. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.10 and a quick ratio of 1.10. AECOM has a 1-year low of $85.00 and a 1-year high of $135.52.
AECOM Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Wednesday, April 1st will be given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Wednesday, April 1st. AECOM’s dividend payout ratio (DPR) is presently 35.23%.
Analyst Upgrades and Downgrades
ACM has been the topic of several research analyst reports. UBS Group upped their price objective on shares of AECOM from $143.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Royal Bank Of Canada lifted their target price on shares of AECOM from $139.00 to $142.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. The Goldman Sachs Group decreased their price target on shares of AECOM from $148.00 to $127.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Barclays raised their price objective on shares of AECOM from $100.00 to $110.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 11th. Finally, Citigroup dropped their price objective on shares of AECOM from $152.00 to $131.00 and set a “buy” rating for the company in a report on Monday, January 26th. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $130.09.
Read Our Latest Stock Analysis on AECOM
AECOM Company 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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