Gotham Asset Management LLC Has $1.38 Million Stock Position in AECOM (NYSE:ACM)

Gotham Asset Management LLC reduced its stake in shares of AECOM (NYSE:ACM) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,883 shares of the construction company’s stock after selling 334 shares during the quarter. Gotham Asset Management LLC’s holdings in AECOM were worth $1,376,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Ranch Capital Advisors Inc. grew its holdings in shares of AECOM by 2.3% during the 4th quarter. Ranch Capital Advisors Inc. now owns 4,482 shares of the construction company’s stock worth $479,000 after purchasing an additional 99 shares in the last quarter. Brown Brothers Harriman & Co. grew its holdings in shares of AECOM by 17.5% during the 4th quarter. Brown Brothers Harriman & Co. now owns 691 shares of the construction company’s stock worth $74,000 after purchasing an additional 103 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of AECOM by 1.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,830 shares of the construction company’s stock worth $809,000 after purchasing an additional 109 shares in the last quarter. Avitas Wealth Management LLC boosted its stake in AECOM by 0.6% in the fourth quarter. Avitas Wealth Management LLC now owns 18,939 shares of the construction company’s stock valued at $2,023,000 after buying an additional 110 shares in the last quarter. Finally, Principal Securities Inc. boosted its stake in 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 buying an additional 116 shares in the last quarter. 85.41% of the stock is owned by institutional investors and hedge funds.

AECOM Stock Performance

Shares of ACM stock opened at $109.48 on Friday. The business’s 50-day moving average price is $96.63 and its 200-day moving average price is $103.56. AECOM has a 12 month low of $82.23 and a 12 month high of $118.56. The firm has a market capitalization of $14.48 billion, a price-to-earnings ratio of 31.10, a PEG ratio of 1.63 and a beta of 0.96. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.02.

AECOM (NYSE:ACM) last announced its quarterly earnings results on Monday, May 5th. The construction company reported $1.25 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $0.10. AECOM had a return on equity of 26.84% and a net margin of 2.93%. The firm had revenue of $3.77 billion for the quarter, compared to analyst estimates of $4.18 billion. During the same period last year, the firm posted $1.04 earnings per share. The business’s revenue for the quarter was up 2.6% on a year-over-year basis. Equities research analysts forecast that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.95%. AECOM’s dividend payout ratio (DPR) is 22.66%.

Analyst Ratings Changes

Several research firms recently weighed in on ACM. Truist Financial reduced their price objective on AECOM from $129.00 to $121.00 and set a “buy” rating on the stock in a research note on Tuesday, April 8th. Robert W. Baird raised their price objective on AECOM from $108.00 to $118.00 and gave the company an “outperform” rating in a research note on Tuesday, May 6th. Royal Bank of Canada raised their price objective on AECOM from $123.00 to $126.00 and gave the company an “outperform” rating in a research note on Wednesday, May 7th. Citigroup raised their price objective on AECOM from $116.00 to $122.00 and gave the company a “buy” rating in a research note on Wednesday, May 7th. Finally, KeyCorp reduced their price objective on AECOM from $121.00 to $109.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 16th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, AECOM presently has a consensus rating of “Buy” and an average target price of $119.00.

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.