Payden & Rygel Cuts Stake in AECOM $ACM

Payden & Rygel lessened its position in AECOM (NYSE:ACM) by 97.3% in the 4th quarter, Holdings Channel reports. The fund owned 4,000 shares of the construction company’s stock after selling 144,400 shares during the period. Payden & Rygel’s holdings in AECOM were worth $381,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Orion Porfolio Solutions LLC raised its holdings in AECOM by 28,246.5% during the second quarter. Orion Porfolio Solutions LLC now owns 5,335,667 shares of the construction company’s stock worth $602,183,000 after purchasing an additional 5,316,844 shares in the last quarter. First Trust Advisors LP increased its position in AECOM by 105.3% during the 3rd quarter. First Trust Advisors LP now owns 4,216,372 shares of the construction company’s stock worth $550,110,000 after purchasing an additional 2,162,158 shares during the period. PFA Pension Forsikringsaktieselskab acquired a new position in AECOM during the 4th quarter worth approximately $67,553,000. Invesco Ltd. raised its stake in shares of AECOM by 14.2% during the 3rd quarter. Invesco Ltd. now owns 4,979,960 shares of the construction company’s stock worth $649,735,000 after buying an additional 618,205 shares in the last quarter. Finally, Barclays PLC raised its stake in shares of AECOM by 103.8% during the 3rd quarter. Barclays PLC now owns 490,826 shares of the construction company’s stock worth $64,038,000 after buying an additional 250,043 shares in the last quarter. Hedge funds and other institutional investors own 85.41% of the company’s stock.

Insider Activity

In other AECOM news, CFO Gaurav Kapoor bought 1,420 shares of the business’s stock in a transaction on Thursday, May 14th. The stock was bought at an average price of $71.12 per share, for a total transaction of $100,990.40. Following the completion of the transaction, the chief financial officer owned 88,053 shares in the company, valued at approximately $6,262,329.36. The trade was a 1.64% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Troy Rudd purchased 4,225 shares of AECOM stock in a transaction on Thursday, May 14th. The stock was acquired at an average cost of $71.02 per share, for a total transaction of $300,059.50. Following the acquisition, the chief executive officer directly owned 142,207 shares of the company’s stock, valued at approximately $10,099,541.14. This represents a 3.06% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.46% of the stock is owned by insiders.

AECOM Stock Performance

ACM opened at $71.40 on Tuesday. AECOM has a 1-year low of $67.64 and a 1-year high of $135.52. The stock has a market cap of $9.18 billion, a P/E ratio of 18.64, a P/E/G ratio of 0.86 and a beta of 1.00. The stock’s 50 day simple moving average is $84.47 and its 200 day simple moving average is $97.03. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.11 and a quick ratio of 1.11.

AECOM (NYSE:ACM) last issued its quarterly earnings data on Monday, May 11th. The construction company reported $1.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.58 by $0.01. The firm had revenue of $3.80 billion during the quarter, compared to analysts’ expectations of $1.94 billion. AECOM had a return on equity of 28.52% and a net margin of 3.16%.AECOM’s revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.25 earnings per share. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. As a group, equities analysts anticipate that AECOM will post 6 EPS for the current fiscal year.

AECOM Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Wednesday, April 1st were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, April 1st. AECOM’s payout ratio is 32.38%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Royal Bank Of Canada decreased their price target on AECOM from $142.00 to $111.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 13th. KeyCorp cut their price objective on AECOM from $115.00 to $101.00 and set an “overweight” rating for the company in a research report on Wednesday, May 13th. Wall Street Zen raised AECOM from a “hold” rating to a “buy” rating in a report on Saturday. Robert W. Baird decreased their target price on shares of AECOM from $98.00 to $91.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 12th. Finally, Bank of America upped their price target on shares of AECOM from $117.00 to $118.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $117.82.

About AECOM

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.