32,274 Shares of AECOM $ACM Acquired by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP acquired a new stake in shares of AECOM (NYSE:ACM) in the third quarter, HoldingsChannel.com reports. The firm acquired 32,274 shares of the construction company’s stock, valued at approximately $1,899,000.

Several other large investors have also bought and sold shares of ACM. Parallel Advisors LLC increased its position in shares of AECOM by 317.5% during the third quarter. Parallel Advisors LLC now owns 3,670 shares of the construction company’s stock valued at $216,000 after acquiring an additional 2,791 shares in the last quarter. Alps Advisors Inc. lifted its position in AECOM by 11.0% in the 3rd quarter. Alps Advisors Inc. now owns 27,181 shares of the construction company’s stock valued at $1,602,000 after acquiring an additional 2,692 shares in the last quarter. CenterBook Partners LP boosted its stake in AECOM by 299.1% during the 3rd quarter. CenterBook Partners LP now owns 86,004 shares of the construction company’s stock valued at $5,070,000 after purchasing an additional 64,454 shares during the last quarter. Waldron Private Wealth LLC boosted its stake in AECOM by 25.6% during the 3rd quarter. Waldron Private Wealth LLC now owns 21,210 shares of the construction company’s stock valued at $1,250,000 after purchasing an additional 4,327 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its holdings in shares of AECOM by 47.0% in the 3rd quarter. Kestra Advisory Services LLC now owns 40,545 shares of the construction company’s stock worth $2,390,000 after purchasing an additional 12,958 shares in the last quarter. 85.41% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on ACM shares. Bank of America decreased their price target on AECOM from $94.50 to $81.00 and set a “buy” rating for the company in a research note on Wednesday, August 12th. KeyCorp lowered their price target on AECOM from $79.00 to $78.00 and set an “overweight” rating on the stock in a report on Thursday, October 15th. Royal Bank Of Canada dropped their price objective on AECOM from $90.00 to $89.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Weiss Ratings downgraded AECOM from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, August 12th. Finally, Robert W. Baird decreased their target price on AECOM from $73.00 to $65.00 and set a “neutral” rating for the company in a research report on Friday, August 14th. Eight investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $80.73.

AECOM Trading Up 0.7%

Shares of NYSE:ACM opened at $70.68 on Wednesday. The stock has a market capitalization of $9.10 billion, a price-to-earnings ratio of 18.77, a PEG ratio of 1.27 and a beta of 0.90. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.06 and a current ratio of 1.06. The stock’s 50-day simple moving average is $62.36 and its two-hundred day simple moving average is $75.24. AECOM has a 52-week low of $56.39 and a 52-week high of $135.52.

AECOM (NYSE:ACM) last released its quarterly earnings results on Monday, August 10th. The construction company reported ($0.50) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.46 by ($1.96). AECOM had a net margin of 1.87% and a return on equity of 19.72%. The firm had revenue of $3.59 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same quarter in the prior year, the firm earned $1.34 earnings per share. The company’s revenue for the quarter was down 14.2% compared to the same quarter last year. Analysts expect that AECOM will post 3.98 EPS for the current year.

AECOM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 14th were issued a $0.31 dividend. The ex-dividend date of this dividend was Wednesday, October 14th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.8%. AECOM’s dividend payout ratio (DPR) is presently 56.88%.

About AECOM

AECOM is an infrastructure consulting firm that provides planning, design, engineering, architecture, program management, and environmental services. It works with public- and private-sector clients on projects involving transportation, water, buildings, energy, and other infrastructure. The company supports projects across their life cycles, from early planning and design through construction management and operations. Its services include environmental assessment and remediation, engineering and technical consulting, and management of large-scale infrastructure programs.