Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in AECOM (NYSE:ACM) by 0.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,728 shares of the construction company’s stock after acquiring an additional 40 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in AECOM were worth $735,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of ACM. Bank of Montreal Can lifted its stake in shares of AECOM by 12.2% in the 1st quarter. Bank of Montreal Can now owns 30,036 shares of the construction company’s stock worth $1,069,000 after acquiring an additional 3,255 shares during the period. Wells Fargo & Company MN lifted its stake in shares of AECOM by 103.9% in the 1st quarter. Wells Fargo & Company MN now owns 313,090 shares of the construction company’s stock worth $11,143,000 after acquiring an additional 159,507 shares during the period. Canada Pension Plan Investment Board lifted its stake in shares of AECOM by 74.4% in the 1st quarter. Canada Pension Plan Investment Board now owns 27,200 shares of the construction company’s stock worth $968,000 after acquiring an additional 11,600 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of AECOM by 3.1% in the 1st quarter. Bank of New York Mellon Corp now owns 2,255,361 shares of the construction company’s stock worth $80,268,000 after acquiring an additional 68,734 shares during the period. Finally, BNP Paribas Arbitrage SA lifted its stake in shares of AECOM by 8.0% in the 1st quarter. BNP Paribas Arbitrage SA now owns 80,694 shares of the construction company’s stock worth $2,872,000 after acquiring an additional 5,971 shares during the period. 82.06% of the stock is owned by institutional investors.

COPYRIGHT VIOLATION NOTICE: “AECOM (ACM) Shares Bought by Commonwealth of Pennsylvania Public School Empls Retrmt SYS” was originally reported by Daily Political and is the sole property of of Daily Political. If you are reading this report on another site, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this report can be viewed at https://www.dailypolitical.com/2017/09/16/aecom-acm-shares-bought-by-commonwealth-of-pennsylvania-public-school-empls-retrmt-sys.html.

A number of analysts have recently weighed in on the stock. UBS AG set a $38.00 price target on shares of AECOM and gave the stock a “buy” rating in a research note on Monday, June 26th. Credit Suisse Group lowered shares of AECOM from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $44.00 to $37.00 in a research note on Monday, July 24th. Zacks Investment Research lowered shares of AECOM from a “hold” rating to a “strong sell” rating in a research note on Friday, August 11th. Citigroup Inc. set a $40.00 price target on shares of AECOM and gave the stock a “buy” rating in a research note on Thursday, August 17th. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $36.00 price target on shares of AECOM in a research note on Tuesday, September 5th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. AECOM currently has a consensus rating of “Hold” and a consensus price target of $38.45.

Shares of AECOM (NYSE ACM) opened at 33.94 on Friday. The company has a 50 day moving average of $32.29 and a 200-day moving average of $33.26. AECOM has a 12-month low of $26.46 and a 12-month high of $40.72. The company has a market capitalization of $5.32 billion, a P/E ratio of 20.78 and a beta of 1.70.

AECOM (NYSE:ACM) last issued its earnings results on Tuesday, August 8th. The construction company reported $0.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.78. The company had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.54 billion. AECOM had a net margin of 1.46% and a return on equity of 12.19%. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.81 EPS. On average, equities analysts anticipate that AECOM will post $2.91 EPS for the current fiscal year.

AECOM Company Profile

AECOM is engaged in designing, building, financing and operating infrastructure assets for governments, businesses and organizations. The Company’s segments include design and consulting services (DCS), construction services (CS) and management services (MS). Its DCS segment is engaged in planning, consulting, architectural and engineering design services to commercial and government clients in major end markets, such as transportation, facilities, environmental, energy, water and government.

Want to see what other hedge funds are holding ACM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AECOM (NYSE:ACM).

Institutional Ownership by Quarter for AECOM (NYSE:ACM)

Receive News & Ratings for AECOM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AECOM and related companies with MarketBeat.com's FREE daily email newsletter.