Zurcher Kantonalbank Zurich Cantonalbank grew its stake in AECOM (NYSE:ACM) by 12.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,359 shares of the construction company’s stock after purchasing an additional 576 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in AECOM were worth $173,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in ACM. Financial Architects Inc grew its holdings in AECOM by 1.0% during the second quarter. Financial Architects Inc now owns 4,632 shares of the construction company’s stock worth $150,000 after acquiring an additional 48 shares during the period. First United Bank Trust grew its holdings in AECOM by 0.7% during the second quarter. First United Bank Trust now owns 6,770 shares of the construction company’s stock worth $219,000 after acquiring an additional 50 shares during the period. Nomura Asset Management Co. Ltd. grew its holdings in AECOM by 4.9% during the first quarter. Nomura Asset Management Co. Ltd. now owns 3,410 shares of the construction company’s stock worth $122,000 after acquiring an additional 160 shares during the period. World Asset Management Inc grew its holdings in AECOM by 2.6% during the first quarter. World Asset Management Inc now owns 10,764 shares of the construction company’s stock worth $383,000 after acquiring an additional 270 shares during the period. Finally, New England Research & Management Inc. grew its holdings in AECOM by 2.0% during the second quarter. New England Research & Management Inc. now owns 25,800 shares of the construction company’s stock worth $834,000 after acquiring an additional 500 shares during the period. 82.06% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages recently weighed in on ACM. Robert W. Baird reaffirmed a “hold” rating and set a $36.00 price objective on shares of AECOM in a report on Tuesday, September 5th. KeyCorp reaffirmed a “buy” rating and set a $40.00 price objective on shares of AECOM in a report on Friday, August 25th. Citigroup Inc. set a $40.00 price objective on AECOM and gave the stock a “buy” rating in a report on Thursday, August 17th. Zacks Investment Research lowered AECOM from a “hold” rating to a “strong sell” rating in a report on Friday, August 11th. Finally, Credit Suisse Group reaffirmed a “hold” rating and set a $37.00 price objective on shares of AECOM in a report on Thursday, August 10th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. AECOM has an average rating of “Hold” and an average target price of $38.45.

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Shares of AECOM (ACM) opened at 33.94 on Monday. The firm has a market cap of $5.32 billion, a price-to-earnings ratio of 20.78 and a beta of 1.70. The firm has a 50-day moving average price of $32.29 and a 200 day moving average price of $33.26. AECOM has a 12-month low of $26.46 and a 12-month high of $40.72.

AECOM (NYSE:ACM) last issued its quarterly 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. AECOM had a return on equity of 12.19% and a net margin of 1.46%. The company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.54 billion. During the same period last year, the firm earned $0.81 EPS. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. On average, equities research analysts anticipate that AECOM will post $2.91 earnings per share 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.

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Institutional Ownership by Quarter for AECOM (NYSE:ACM)

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