Nia Impact Advisors LLC Has $7.45 Million Stake in AECOM (NYSE:ACM)

Nia Impact Advisors LLC grew its stake in shares of AECOM (NYSE:ACM) by 2.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 69,761 shares of the construction company’s stock after acquiring an additional 1,500 shares during the period. AECOM accounts for about 2.4% of Nia Impact Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Nia Impact Advisors LLC’s holdings in AECOM were worth $7,452,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Prudential Financial Inc. lifted its holdings in shares of AECOM by 16.6% in the 4th quarter. Prudential Financial Inc. now owns 27,524 shares of the construction company’s stock worth $2,940,000 after buying an additional 3,921 shares during the period. Magnus Financial Group LLC grew its holdings in AECOM by 93.5% during the 4th quarter. Magnus Financial Group LLC now owns 4,860 shares of the construction company’s stock worth $519,000 after acquiring an additional 2,348 shares in the last quarter. Raymond James Financial Inc. bought a new position in AECOM during the 4th quarter worth about $9,705,000. Park Avenue Securities LLC grew its holdings in AECOM by 176.9% during the 4th quarter. Park Avenue Securities LLC now owns 7,239 shares of the construction company’s stock worth $773,000 after acquiring an additional 4,625 shares in the last quarter. Finally, Truist Financial Corp grew its holdings in AECOM by 28.7% during the 4th quarter. Truist Financial Corp now owns 9,851 shares of the construction company’s stock worth $1,052,000 after acquiring an additional 2,194 shares in the last quarter. Institutional investors own 85.41% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on ACM shares. Truist Financial dropped their target price on shares of AECOM from $129.00 to $121.00 and set a “buy” rating on the stock in a report on Tuesday, April 8th. Citigroup lifted their price objective on shares of AECOM from $116.00 to $122.00 and gave the company a “buy” rating in a report on Wednesday, May 7th. Royal Bank of Canada boosted their price target on AECOM from $123.00 to $126.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 7th. KeyCorp reduced their price target on AECOM from $121.00 to $109.00 and set an “overweight” rating for the company in a research report on Wednesday, April 16th. Finally, Barclays boosted their price target on AECOM from $105.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $119.00.

AECOM Stock Up 0.3%

Shares of ACM stock opened at $106.67 on Wednesday. AECOM has a 1-year low of $82.23 and a 1-year high of $118.56. The stock’s fifty day moving average price is $95.68 and its 200 day moving average price is $103.49. 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 company has a market cap of $14.11 billion, a price-to-earnings ratio of 30.30, a price-to-earnings-growth ratio of 1.63 and a beta of 0.96.

AECOM (NYSE:ACM) last posted its quarterly earnings data on Monday, May 5th. The construction company reported $1.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.10. AECOM had a net margin of 2.93% and a return on equity of 26.84%. The firm had revenue of $3.77 billion for the quarter, compared to the consensus estimate of $4.18 billion. During the same quarter in the prior year, the company posted $1.04 earnings per share. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. On average, research analysts expect that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The business 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. The ex-dividend date was Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.97%. AECOM’s dividend payout ratio is currently 22.66%.

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.