O Shaughnessy Asset Management LLC Increases Stake in AECOM (NYSE:ACM)

O Shaughnessy Asset Management LLC lifted its stake in AECOM (NYSE:ACM) by 7.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,664 shares of the construction company’s stock after buying an additional 1,057 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in AECOM were worth $1,566,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ACM. Principal Securities Inc. lifted its stake in AECOM by 95.9% in the 4th quarter. Principal Securities Inc. now owns 237 shares of the construction company’s stock worth $25,000 after purchasing an additional 116 shares in the last quarter. Allworth Financial LP increased its holdings in shares of AECOM by 390.6% in the fourth quarter. Allworth Financial LP now owns 260 shares of the construction company’s stock worth $29,000 after purchasing an additional 207 shares during the last quarter. National Pension Service purchased a new stake in shares of AECOM in the fourth quarter worth about $32,000. Wingate Wealth Advisors Inc. bought a new position in AECOM during the fourth quarter valued at approximately $51,000. Finally, Proficio Capital Partners LLC purchased a new position in AECOM during the 4th quarter valued at approximately $55,000. Institutional investors own 85.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Citigroup decreased their price objective on AECOM from $128.00 to $127.00 and set a “buy” rating on the stock in a report on Wednesday, January 29th. Robert W. Baird decreased their price target on shares of AECOM from $125.00 to $117.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 4th. KeyCorp dropped their price objective on shares of AECOM from $122.00 to $121.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Finally, Barclays upped their target price on shares of AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat.com, AECOM presently has an average rating of “Buy” and a consensus target price of $120.38.

AECOM Stock Performance

AECOM stock opened at $89.23 on Friday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.14 and a quick ratio of 1.14. The firm has a market capitalization of $11.83 billion, a P/E ratio of 25.35, a price-to-earnings-growth ratio of 1.63 and a beta of 1.03. AECOM has a 1-year low of $82.23 and a 1-year high of $118.56. The company’s 50-day moving average is $98.67 and its 200 day moving average is $104.97.

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

AECOM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend is Wednesday, April 2nd. AECOM’s dividend payout ratio is currently 29.55%.

AECOM Profile

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.