Pacer Advisors Inc. Lowers Stock Holdings in AECOM $ACM

Pacer Advisors Inc. cut its position in AECOM (NYSE:ACM) by 88.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,250 shares of the construction company’s stock after selling 120,592 shares during the quarter. Pacer Advisors Inc.’s holdings in AECOM were worth $1,294,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its position in AECOM by 86.7% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 280 shares of the construction company’s stock valued at $27,000 after acquiring an additional 130 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of AECOM by 95.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company’s stock valued at $28,000 after purchasing an additional 144 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of AECOM by 189.3% in the second quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock valued at $34,000 after purchasing an additional 195 shares in the last quarter. First Horizon Corp grew its holdings in shares of AECOM by 129.1% in the fourth quarter. First Horizon Corp now owns 362 shares of the construction company’s stock valued at $35,000 after purchasing an additional 204 shares in the last quarter. Finally, Intesa Sanpaolo Wealth Management purchased a new stake in AECOM during the 4th quarter worth approximately $38,000. Hedge funds and other institutional investors own 85.41% of the company’s stock.

AECOM Trading Up 0.1%

NYSE ACM opened at $75.91 on Monday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.07. AECOM has a 52 week low of $66.28 and a 52 week high of $135.52. The stock has a market capitalization of $9.76 billion, a PE ratio of 19.82, a price-to-earnings-growth ratio of 0.92 and a beta of 0.93. The firm has a 50 day moving average of $70.34 and a two-hundred day moving average of $81.40.

AECOM (NYSE:ACM) last announced its quarterly earnings data on Monday, May 11th. The construction company reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.01. The business had revenue of $3.80 billion for the quarter, compared to analyst estimates of $1.94 billion. AECOM had a net margin of 3.16% and a return on equity of 28.52%. The company’s revenue was up 4.4% on a year-over-year basis. During the same period last year, the business earned $1.25 EPS. As a group, research analysts expect that AECOM will post 5.97 EPS for the current fiscal year.

AECOM Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Wednesday, July 1st were issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Wednesday, July 1st. AECOM’s dividend payout ratio is 32.38%.

Analyst Ratings Changes

ACM has been the topic of a number of research reports. Wall Street Zen lowered shares of AECOM from a “buy” rating to a “hold” rating in a report on Monday, July 6th. KeyCorp cut their price objective on AECOM from $115.00 to $101.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 13th. Weiss Ratings cut AECOM from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 26th. Citigroup reiterated a “buy” rating on shares of AECOM in a report on Thursday, July 23rd. Finally, Royal Bank Of Canada lowered their target price on AECOM from $111.00 to $105.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Nine analysts have rated the stock with a Buy rating and four have issued 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 $114.82.

Insider Activity at AECOM

In other AECOM news, President Lara Poloni acquired 4,224 shares of the stock in a transaction dated Tuesday, June 16th. The stock was acquired at an average cost of $70.63 per share, with a total value of $298,341.12. Following the transaction, the president owned 153,446 shares in the company, valued at $10,837,890.98. The trade was a 2.83% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Gaurav Kapoor acquired 1,420 shares of the stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of $71.12 per share, with a total value of $100,990.40. Following the completion of the transaction, the chief financial officer owned 88,053 shares in the company, valued at approximately $6,262,329.36. This represents a 1.64% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 9,869 shares of company stock valued at $699,391 over the last quarter. 0.46% of the stock is owned by insiders.

AECOM Company 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.