National Pension Service Has $261,000 Stake in AECOM $ACM

National Pension Service grew its holdings in AECOM (NYSE:ACM) by 340.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,312 shares of the construction company’s stock after acquiring an additional 1,787 shares during the quarter. National Pension Service’s holdings in AECOM were worth $261,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. TCTC Holdings LLC increased its stake in AECOM by 120.3% during the 1st quarter. TCTC Holdings LLC now owns 304 shares of the construction company’s stock worth $28,000 after purchasing an additional 166 shares in the last quarter. MAI Capital Management bought a new stake in shares of AECOM during the first quarter worth $28,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of AECOM by 212.9% during the first quarter. Caitong International Asset Management Co. Ltd now owns 316 shares of the construction company’s stock worth $29,000 after acquiring an additional 215 shares during the period. SVB Wealth LLC acquired a new stake in shares of AECOM during the first quarter worth $33,000. Finally, Allworth Financial LP lifted its position in AECOM by 38.5% in the 2nd quarter. Allworth Financial LP now owns 392 shares of the construction company’s stock valued at $44,000 after acquiring an additional 109 shares in the last quarter. Institutional investors own 85.41% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ACM. Citigroup increased their target price on AECOM from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Monday, October 20th. Weiss Ratings reiterated a “buy (b)” rating on shares of AECOM in a report on Wednesday, October 8th. Wall Street Zen cut AECOM from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. KeyCorp upped their price target on AECOM from $131.00 to $144.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Finally, Bank of America lifted their price objective on shares of AECOM from $112.50 to $124.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. Eleven investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, AECOM has a consensus rating of “Buy” and an average target price of $137.30.

AECOM Stock Down 0.2%

NYSE:ACM opened at $133.56 on Friday. The firm has a market capitalization of $17.69 billion, a price-to-earnings ratio of 29.10, a price-to-earnings-growth ratio of 1.96 and a beta of 1.06. AECOM has a twelve month low of $85.00 and a twelve month high of $135.52. The stock’s 50 day moving average price is $130.76 and its two-hundred day moving average price is $119.56. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.91.

AECOM Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Wednesday, October 1st were paid a $0.26 dividend. The ex-dividend date was Wednesday, October 1st. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. AECOM’s dividend payout ratio (DPR) 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.