SG Americas Securities LLC boosted its position in shares of AECOM (NYSE:ACM – Free Report) by 301.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 66,131 shares of the construction company’s stock after acquiring an additional 49,650 shares during the quarter. SG Americas Securities LLC’s holdings in AECOM were worth $8,628,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Orion Porfolio Solutions LLC grew its stake in shares of AECOM by 28,246.5% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 5,335,667 shares of the construction company’s stock valued at $602,183,000 after purchasing an additional 5,316,844 shares during the period. Invesco Ltd. lifted its stake in shares of AECOM by 79.1% in the 2nd quarter. Invesco Ltd. now owns 4,361,755 shares of the construction company’s stock worth $492,268,000 after purchasing an additional 1,926,466 shares during the period. Amundi boosted its holdings in shares of AECOM by 9.7% in the second quarter. Amundi now owns 1,846,136 shares of the construction company’s stock worth $208,355,000 after buying an additional 162,870 shares during the last quarter. Norges Bank bought a new stake in AECOM during the second quarter valued at approximately $200,879,000. Finally, Impax Asset Management Group plc increased its holdings in AECOM by 0.9% during the second quarter. Impax Asset Management Group plc now owns 1,516,823 shares of the construction company’s stock valued at $171,189,000 after buying an additional 13,453 shares during the last quarter. 85.41% of the stock is owned by hedge funds and other institutional investors.
AECOM Trading Up 0.7%
Shares of ACM stock opened at $99.58 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a fifty day simple moving average of $107.74 and a two-hundred day simple moving average of $117.70. The firm has a market capitalization of $13.19 billion, a PE ratio of 23.65, a PEG ratio of 1.43 and a beta of 1.08. AECOM has a 52-week low of $85.00 and a 52-week high of $135.52.
AECOM Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Wednesday, January 7th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.2%. The ex-dividend date is Wednesday, January 7th. This is a positive change from AECOM’s previous quarterly dividend of $0.26. AECOM’s dividend payout ratio is currently 29.45%.
Wall Street Analysts Forecast Growth
ACM has been the topic of several analyst reports. Truist Financial dropped their price target on shares of AECOM from $148.00 to $126.00 and set a “buy” rating on the stock in a research note on Thursday, December 18th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AECOM in a report on Monday, December 29th. Royal Bank Of Canada lowered their target price on AECOM from $142.00 to $139.00 and set an “outperform” rating on the stock in a research report on Thursday, November 20th. National Bank Financial assumed coverage on AECOM in a research report on Wednesday, October 8th. They issued an “outperform” rating and a $151.00 price target for the company. Finally, Barclays cut AECOM from a “positive” rating to a “hold” rating in a research report on Friday, December 19th. Nine investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $133.30.
Get Our Latest Stock Analysis on AECOM
AECOM Profile
AECOM is a multinational infrastructure consulting firm that provides a broad range of professional technical and management services. Its core offerings include architecture and engineering design, program and construction management, environmental remediation and consulting, and operations and maintenance support. The company works across the full project lifecycle from planning and design through construction and long‑term asset management.
AECOM serves public- and private-sector clients in major built-environment markets, including transportation (roads, bridges, rail, airports), water and wastewater systems, buildings and places, energy and power, and environmental services.
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