Norges Bank acquired a new position in shares of AECOM (NYSE:ACM – Free Report) in the 4th quarter, HoldingsChannel reports. The firm acquired 2,155,657 shares of the construction company’s stock, valued at approximately $205,499,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of ACM. Orion Porfolio Solutions LLC increased its position in AECOM by 28,246.5% during the second quarter. Orion Porfolio Solutions LLC now owns 5,335,667 shares of the construction company’s stock worth $602,183,000 after purchasing an additional 5,316,844 shares during the last quarter. First Trust Advisors LP increased its position in shares of AECOM by 105.3% during the third quarter. First Trust Advisors LP now owns 4,216,372 shares of the construction company’s stock valued at $550,110,000 after acquiring an additional 2,162,158 shares during the last quarter. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of AECOM during the fourth quarter valued at about $67,553,000. Invesco Ltd. increased its position in shares of AECOM by 14.2% during the third quarter. Invesco Ltd. now owns 4,979,960 shares of the construction company’s stock valued at $649,735,000 after acquiring an additional 618,205 shares during the last quarter. Finally, Barclays PLC increased its position in shares of AECOM by 103.8% during the third quarter. Barclays PLC now owns 490,826 shares of the construction company’s stock valued at $64,038,000 after acquiring an additional 250,043 shares during the last quarter. 85.41% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at AECOM
In other AECOM news, CFO Gaurav Kapoor acquired 1,420 shares of the stock in a transaction dated Thursday, May 14th. The stock was acquired at an average price of $71.12 per share, with a total value of $100,990.40. Following the completion of the purchase, the chief financial officer owned 88,053 shares in the company, valued at $6,262,329.36. This trade represents a 1.64% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Troy Rudd acquired 4,225 shares of the stock in a transaction dated Thursday, May 14th. The stock was acquired at an average cost of $71.02 per share, with a total value of $300,059.50. Following the purchase, the chief executive officer owned 142,207 shares of the company’s stock, valued at approximately $10,099,541.14. This trade represents a 3.06% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.46% of the company’s stock.
AECOM Trading Down 0.8%
AECOM (NYSE:ACM – Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The construction company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.58 by $0.01. AECOM had a net margin of 3.16% and a return on equity of 28.52%. The business had revenue of $3.80 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same quarter last year, the firm posted $1.25 earnings per share. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. Equities research analysts anticipate that AECOM will post 5.97 EPS for the current fiscal year.
AECOM Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Wednesday, April 1st were paid a $0.31 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $1.24 annualized dividend and a dividend yield of 1.7%. AECOM’s dividend payout ratio (DPR) is presently 32.38%.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on the stock. Bank of America lifted their price target on shares of AECOM from $117.00 to $118.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. KeyCorp dropped their price target on shares of AECOM from $115.00 to $101.00 and set an “overweight” rating for the company in a research report on Wednesday, May 13th. Royal Bank Of Canada dropped their price target on shares of AECOM from $142.00 to $111.00 and set an “outperform” rating for the company in a research report on Wednesday, May 13th. Citigroup dropped their price target on shares of AECOM from $130.00 to $98.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Finally, Zacks Research upgraded shares of AECOM from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 10th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, AECOM currently has an average rating of “Moderate Buy” and an average price target of $116.00.
Get Our Latest Research Report on ACM
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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