AECOM (NYSE:ACM) Holdings Lifted by Sei Investments Co.

Sei Investments Co. boosted its holdings in AECOM (NYSE:ACM) by 6.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 152,973 shares of the construction company’s stock after acquiring an additional 9,220 shares during the quarter. Sei Investments Co.’s holdings in AECOM were worth $13,483,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Acadian Asset Management LLC bought a new stake in shares of AECOM in the 1st quarter worth approximately $1,085,000. Janney Montgomery Scott LLC increased its holdings in shares of AECOM by 1,082.9% in the first quarter. Janney Montgomery Scott LLC now owns 34,778 shares of the construction company’s stock valued at $3,411,000 after buying an additional 31,838 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its stake in shares of AECOM by 102.7% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 232,223 shares of the construction company’s stock worth $22,777,000 after acquiring an additional 117,646 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of AECOM by 1,717.1% in the 1st quarter. SG Americas Securities LLC now owns 163,480 shares of the construction company’s stock worth $16,034,000 after acquiring an additional 154,483 shares during the last quarter. Finally, Plato Investment Management Ltd acquired a new stake in shares of AECOM during the first quarter worth $741,000. 85.41% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ACM has been the subject of a number of recent analyst reports. Truist Financial reiterated a “buy” rating and issued a $108.00 price target (up previously from $107.00) on shares of AECOM in a research report on Wednesday, August 7th. KeyCorp raised their target price on shares of AECOM from $94.00 to $99.00 and gave the stock an “overweight” rating in a report on Wednesday, August 7th. Barclays boosted their price target on shares of AECOM from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, August 8th. Robert W. Baird raised their price objective on shares of AECOM from $96.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 7th. Finally, Citigroup cut their target price on shares of AECOM from $116.00 to $104.00 and set a “buy” rating on the stock in a research note on Monday, July 22nd. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $105.00.

AECOM Price Performance

Shares of NYSE:ACM opened at $103.22 on Friday. The firm has a market cap of $14.05 billion, a price-to-earnings ratio of -1,146.89, a P/E/G ratio of 1.70 and a beta of 1.17. AECOM has a 1 year low of $74.40 and a 1 year high of $104.63. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.98. The business has a fifty day simple moving average of $95.91 and a 200 day simple moving average of $92.68.

AECOM (NYSE:ACM) last posted its quarterly earnings results on Monday, August 5th. The construction company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.04. The company had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $1.85 billion. AECOM had a return on equity of 24.14% and a net margin of 1.61%. The business’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the business earned $0.94 EPS. As a group, sell-side analysts predict that AECOM will post 4.46 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Wednesday, October 2nd will be paid a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 0.85%. The ex-dividend date is Wednesday, October 2nd. AECOM’s dividend payout ratio (DPR) is presently -977.78%.

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.