Aecom Technology Corp. (NYSE:ACM)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $35.70 and last traded at $35.69, with a volume of 471,964 shares trading hands. The stock had previously closed at $35.00.

Several equities analysts have recently commented on the company. Argus restated a “hold” rating on shares of Aecom Technology Corp. in a research note on Saturday, June 4th. Credit Suisse Group AG restated a “buy” rating on shares of Aecom Technology Corp. in a research note on Saturday, June 4th. Zacks Investment Research lowered Aecom Technology Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, April 12th. Deutsche Bank AG restated a “buy” rating and set a $41.00 price target on shares of Aecom Technology Corp. in a research note on Tuesday, April 12th. Finally, KeyCorp restated a “buy” rating on shares of Aecom Technology Corp. in a research note on Wednesday, June 29th. Six equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $34.36.

The company has a market cap of $5.49 billion and a P/E ratio of 1052.35. The stock’s 50-day moving average is $32.73 and its 200-day moving average is $30.19.

Aecom Technology Corp. (NYSE:ACM) last announced its earnings results on Tuesday, May 10th. The company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.15. During the same quarter last year, the business posted $0.58 earnings per share. The company earned $4.38 billion during the quarter, compared to analysts’ expectations of $4.54 billion. The company’s revenue for the quarter was down 2.8% compared to the same quarter last year. Equities research analysts expect that Aecom Technology Corp. will post $3.23 EPS for the current fiscal year.

In other Aecom Technology Corp. news, CEO Michael S. Burke sold 2,909 shares of Aecom Technology Corp. stock in a transaction that occurred on Tuesday, July 12th. The stock was sold at an average price of $34.00, for a total value of $98,906.00. Following the transaction, the chief executive officer now directly owns 108,562 shares in the company, valued at approximately $3,691,108. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Frederick W. Werner sold 8,000 shares of Aecom Technology Corp. stock in a transaction that occurred on Wednesday, June 15th. The shares were sold at an average price of $31.55, for a total value of $252,400.00. Following the completion of the transaction, the insider now owns 50,649 shares in the company, valued at $1,597,975.95. The disclosure for this sale can be found here.

Several hedge funds and institutional investors recently made changes to their positions in ACM. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Aecom Technology Corp. by 0.7% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 43,897 shares of the company’s stock valued at $1,318,000 after buying an additional 314 shares during the period. PNC Financial Services Group Inc. increased its position in shares of Aecom Technology Corp. by 1,401.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 55,076 shares of the company’s stock valued at $1,653,000 after buying an additional 51,409 shares during the period. Deere & Co. increased its position in shares of Aecom Technology Corp. by 2.4% in the fourth quarter. Deere & Co. now owns 63,867 shares of the company’s stock valued at $1,918,000 after buying an additional 1,527 shares during the period. BNP Paribas Arbitrage SA increased its position in shares of Aecom Technology Corp. by 7.0% in the fourth quarter. BNP Paribas Arbitrage SA now owns 84,472 shares of the company’s stock valued at $2,537,000 after buying an additional 5,514 shares during the period. Finally, Liberty Mutual Group Asset Management Inc. increased its position in shares of Aecom Technology Corp. by 51.3% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 97,315 shares of the company’s stock valued at $2,923,000 after buying an additional 33,017 shares during the period.

AECOM, formerly AECOM Technology Corporation, designs, builds, finances and operates infrastructure assets for governments, businesses and organizations around the world. The Company provides program and facilities management and maintenance, training, logistics, consulting, technical assistance, and systems integration and information technology (IT) services.

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