10,330 Shares in AECOM (NYSE:ACM) Purchased by Nebula Research & Development LLC

Nebula Research & Development LLC acquired a new stake in shares of AECOM (NYSE:ACM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,330 shares of the construction company’s stock, valued at approximately $1,103,000.

Other hedge funds also recently added to or reduced their stakes in the company. Principal Securities Inc. increased its holdings in shares of AECOM by 95.9% in the fourth quarter. Principal Securities Inc. now owns 237 shares of the construction company’s stock valued at $25,000 after purchasing an additional 116 shares during the period. Allworth Financial LP increased its stake in AECOM by 390.6% in the 4th quarter. Allworth Financial LP now owns 260 shares of the construction company’s stock valued at $29,000 after buying an additional 207 shares during the period. National Pension Service acquired a new position in AECOM in the 4th quarter valued at $32,000. Wingate Wealth Advisors Inc. purchased a new position in AECOM during the 4th quarter worth $51,000. Finally, Proficio Capital Partners LLC acquired a new stake in shares of AECOM in the 4th quarter worth $55,000. 85.41% of the stock is owned by institutional investors and hedge funds.

AECOM Stock Performance

Shares of ACM stock opened at $97.34 on Friday. The stock has a fifty day moving average price of $94.78 and a 200 day moving average price of $103.85. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market cap of $12.91 billion, a PE ratio of 27.65, a P/E/G 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.

AECOM (NYSE:ACM) last released its quarterly earnings results on Monday, February 3rd. The construction company reported $1.31 earnings per share (EPS) 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%. Sell-side analysts forecast that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Wednesday, April 2nd were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend was Wednesday, April 2nd. AECOM’s dividend payout ratio (DPR) is presently 29.55%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on ACM shares. Truist Financial dropped their price target on shares of AECOM from $129.00 to $121.00 and set a “buy” rating on the stock in a research note on Tuesday, April 8th. KeyCorp dropped their target price on AECOM from $121.00 to $109.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 16th. Barclays raised their price target on AECOM from $105.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Robert W. Baird dropped their price objective 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 reduced their target price on AECOM from $127.00 to $116.00 and set a “buy” rating for the company in a report on Friday. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $116.50.

AECOM Company 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.