AECOM (NYSE:ACM) Stock Holdings Decreased by Vanguard Group Inc.

Vanguard Group Inc. lowered its stake in AECOM (NYSE:ACM) by 0.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 12,804,619 shares of the construction company’s stock after selling 90,501 shares during the period. Vanguard Group Inc. owned 9.65% of AECOM worth $1,367,789,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in AECOM by 17.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,989,238 shares of the construction company’s stock valued at $205,429,000 after buying an additional 289,513 shares during the last quarter. National Bank of Canada FI lifted its stake in AECOM by 1,847.8% during the third quarter. National Bank of Canada FI now owns 274,857 shares of the construction company’s stock worth $28,384,000 after purchasing an additional 260,746 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in AECOM by 40.1% in the third quarter. JPMorgan Chase & Co. now owns 768,266 shares of the construction company’s stock worth $79,339,000 after purchasing an additional 220,035 shares during the period. Verition Fund Management LLC increased its stake in AECOM by 293.7% during the third quarter. Verition Fund Management LLC now owns 180,602 shares of the construction company’s stock valued at $18,651,000 after purchasing an additional 134,730 shares during the last quarter. Finally, Teacher Retirement System of Texas raised its holdings in shares of AECOM by 58.1% during the fourth quarter. Teacher Retirement System of Texas now owns 349,991 shares of the construction company’s stock worth $37,386,000 after purchasing an additional 128,580 shares during the period. Institutional investors and hedge funds own 85.41% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on ACM shares. Citigroup dropped their price objective on shares of AECOM from $128.00 to $127.00 and set a “buy” rating on the stock in a research note on Wednesday, January 29th. Robert W. Baird cut their price target on AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a report on Tuesday, February 4th. KeyCorp reduced their price objective on AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Finally, Barclays increased their target price on AECOM from $105.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, AECOM presently has a consensus rating of “Buy” and a consensus price target of $120.38.

AECOM Stock Down 0.1 %

Shares of AECOM stock opened at $94.54 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 1.14. AECOM has a 1-year low of $82.23 and a 1-year high of $118.56. The business’s fifty day moving average price is $100.67 and its two-hundred day moving average price is $105.06. The company has a market capitalization of $12.54 billion, a P/E ratio of 26.86, a PEG ratio of 1.63 and a beta of 1.22.

AECOM (NYSE:ACM) last issued its quarterly earnings data on Monday, February 3rd. The construction company reported $1.31 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.21. AECOM had a net margin of 2.93% and a return on equity of 26.84%. As a group, research analysts forecast that AECOM will post 5.1 EPS for the current year.

AECOM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Wednesday, April 2nd. AECOM’s dividend payout ratio (DPR) is presently 29.55%.

AECOM Company 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.