AECOM (NYSE:ACM) Holdings Lowered by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its position in shares of AECOM (NYSE:ACM) by 14.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 51,452 shares of the construction company’s stock after selling 8,499 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in AECOM were worth $5,313,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Ninety One UK Ltd bought a new stake in AECOM in the second quarter worth approximately $46,109,000. International Assets Investment Management LLC bought a new stake in shares of AECOM during the third quarter valued at approximately $42,201,000. DekaBank Deutsche Girozentrale raised its stake in shares of AECOM by 451.9% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 481,769 shares of the construction company’s stock valued at $47,617,000 after buying an additional 394,481 shares in the last quarter. Bank of New York Mellon Corp raised its position in AECOM by 18.8% in the second quarter. Bank of New York Mellon Corp now owns 1,628,924 shares of the construction company’s stock worth $143,573,000 after purchasing an additional 258,250 shares in the last quarter. Finally, Impax Asset Management Group plc raised its holdings in shares of AECOM by 15.5% in the 2nd quarter. Impax Asset Management Group plc now owns 1,752,487 shares of the construction company’s stock worth $154,464,000 after buying an additional 235,350 shares in the last quarter. 85.41% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ACM shares. Citigroup increased their price target on AECOM from $110.00 to $128.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. StockNews.com upgraded shares of AECOM from a “hold” rating to a “buy” rating in a report on Sunday, October 27th. Barclays raised their target price on AECOM from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, August 8th. Royal Bank of Canada boosted their price target on shares of AECOM from $112.00 to $113.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. Finally, Robert W. Baird increased their target price on AECOM from $96.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, AECOM has an average rating of “Buy” and a consensus target price of $113.29.

AECOM Price Performance

Shares of NYSE ACM opened at $110.37 on Friday. AECOM has a twelve month low of $78.11 and a twelve month high of $115.74. The company has a market cap of $14.80 billion, a PE ratio of 59.34, a price-to-earnings-growth ratio of 1.63 and a beta of 1.17. The business’s 50 day moving average price is $103.29 and its two-hundred day moving average price is $95.04. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.98.

AECOM Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Wednesday, October 2nd were paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date was Wednesday, October 2nd. AECOM’s dividend payout ratio (DPR) is presently 47.31%.

Insider Buying and Selling at AECOM

In other AECOM news, CFO Gaurav Kapoor sold 42,400 shares of the company’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $115.34, for a total value of $4,890,416.00. Following the transaction, the chief financial officer now directly owns 31,228 shares in the company, valued at $3,601,837.52. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.42% of the company’s stock.

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.