AECOM (NYSE:ACM) Shares Sold by Whittier Trust Co.

Whittier Trust Co. lessened its stake in AECOM (NYSE:ACM) by 15.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,540 shares of the construction company’s stock after selling 810 shares during the quarter. Whittier Trust Co.’s holdings in AECOM were worth $485,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in AECOM by 17.0% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,989,238 shares of the construction company’s stock valued at $205,429,000 after buying an additional 289,513 shares in the last quarter. National Bank of Canada FI raised its position in shares of AECOM by 1,847.8% during the 3rd quarter. National Bank of Canada FI now owns 274,857 shares of the construction company’s stock valued at $28,384,000 after acquiring an additional 260,746 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in AECOM by 40.1% during the third quarter. JPMorgan Chase & Co. now owns 768,266 shares of the construction company’s stock worth $79,339,000 after purchasing an additional 220,035 shares during the last quarter. Verition Fund Management LLC boosted its holdings in AECOM by 293.7% in the third quarter. Verition Fund Management LLC now owns 180,602 shares of the construction company’s stock worth $18,651,000 after purchasing an additional 134,730 shares during the period. Finally, Teacher Retirement System of Texas increased its stake in AECOM by 58.1% during the fourth quarter. Teacher Retirement System of Texas now owns 349,991 shares of the construction company’s stock valued at $37,386,000 after purchasing an additional 128,580 shares during the last quarter. Institutional investors own 85.41% of the company’s stock.

Analyst Ratings Changes

ACM has been the topic of a number of recent research reports. Barclays raised their price target on shares of AECOM from $105.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. KeyCorp decreased their target price on AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Robert W. Baird cut their price target on AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a report on Tuesday, February 4th. Finally, Citigroup lowered their price objective on AECOM from $128.00 to $127.00 and set a “buy” rating for the company in a research note on Wednesday, January 29th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, AECOM currently has an average rating of “Buy” and an average price target of $120.38.

AECOM Stock Performance

ACM stock opened at $94.14 on Friday. The company has a 50-day simple moving average of $101.78 and a 200 day simple moving average of $105.14. The company has a market capitalization of $12.49 billion, a P/E ratio of 26.74, a PEG ratio of 1.63 and a beta of 1.22. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 1.02. AECOM has a fifty-two week low of $82.23 and a fifty-two week high of $118.56.

AECOM (NYSE:ACM) last issued its quarterly earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.21. AECOM had a return on equity of 26.84% and a net margin of 2.93%. Sell-side analysts predict that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd will be issued a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.10%. AECOM’s payout ratio is currently 29.55%.

About AECOM

AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.