Havemeyer Place LP Purchases New Stake in AECOM $ACM

Havemeyer Place LP purchased a new stake in AECOM (NYSE:ACM) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 10,472 shares of the construction company’s stock, valued at approximately $998,000.

A number of other institutional investors have also recently modified their holdings of ACM. Prestige Wealth Management Group LLC boosted its position in AECOM by 92.2% during the fourth quarter. Prestige Wealth Management Group LLC now owns 3,693 shares of the construction company’s stock worth $352,000 after purchasing an additional 1,772 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its position in AECOM by 13.8% during the fourth quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 23,900 shares of the construction company’s stock worth $2,277,000 after purchasing an additional 2,900 shares in the last quarter. Lido Advisors LLC boosted its position in AECOM by 1.1% during the fourth quarter. Lido Advisors LLC now owns 44,524 shares of the construction company’s stock worth $4,244,000 after purchasing an additional 480 shares in the last quarter. CIBC Asset Management Inc boosted its position in AECOM by 12.9% during the fourth quarter. CIBC Asset Management Inc now owns 6,430 shares of the construction company’s stock worth $613,000 after purchasing an additional 733 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in AECOM by 2.6% during the fourth quarter. Bank of New York Mellon Corp now owns 1,301,128 shares of the construction company’s stock worth $124,037,000 after purchasing an additional 33,538 shares in the last quarter. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have commented on ACM. Wall Street Zen upgraded AECOM from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Barclays decreased their target price on AECOM from $110.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 19th. Truist Financial reiterated a “buy” rating and set a $109.00 target price (down from $116.00) on shares of AECOM in a research report on Wednesday, May 13th. Citigroup decreased their target price on AECOM from $130.00 to $98.00 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. Finally, Bank of America boosted their target price on AECOM from $117.00 to $118.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, AECOM currently has an average rating of “Moderate Buy” and a consensus target price of $116.00.

Insiders Place Their Bets

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

AECOM Stock Performance

NYSE ACM opened at $71.22 on Monday. AECOM has a fifty-two week low of $67.64 and a fifty-two week high of $135.52. The stock has a market cap of $9.15 billion, a price-to-earnings ratio of 18.59, a price-to-earnings-growth ratio of 0.86 and a beta of 0.93. The business has a fifty day moving average of $79.16 and a 200-day moving average of $91.05. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.07.

AECOM (NYSE:ACM) last released its quarterly earnings results on Monday, May 11th. The construction company reported $1.59 earnings per share for the quarter, topping analysts’ consensus estimates of $1.58 by $0.01. AECOM had a return on equity of 28.52% and a net margin of 3.16%.The company had revenue of $3.80 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the previous year, the firm posted $1.25 earnings per share. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. As a group, analysts predict that AECOM will post 5.97 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Wednesday, July 1st will be issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Wednesday, July 1st. AECOM’s payout ratio is 32.38%.

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.