4,533 Shares in AECOM (NYSE:ACM) Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new position in shares of AECOM (NYSE:ACM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,533 shares of the construction company’s stock, valued at approximately $426,000.

Other hedge funds have also bought and sold shares of the company. Mackenzie Financial Corp increased its position in AECOM by 12.5% during the second quarter. Mackenzie Financial Corp now owns 10,621 shares of the construction company’s stock worth $936,000 after acquiring an additional 1,180 shares during the period. Acadian Asset Management LLC bought a new position in AECOM during the first quarter worth about $1,085,000. Janney Montgomery Scott LLC increased its position in AECOM by 1,082.9% during the first quarter. Janney Montgomery Scott LLC now owns 34,778 shares of the construction company’s stock worth $3,411,000 after acquiring an additional 31,838 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its position in AECOM by 102.7% during the first 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 during the period. Finally, SG Americas Securities LLC increased its position in AECOM by 1,717.1% during the first 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 period. 85.41% of the stock is owned by institutional investors.

AECOM Trading Up 1.0 %

ACM opened at $107.22 on Thursday. The company’s 50 day moving average is $99.78 and its 200-day moving average is $93.54. AECOM has a 1-year low of $74.40 and a 1-year high of $108.26. 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 company has a market cap of $14.60 billion, a P/E ratio of -1,191.33, a PEG ratio of 1.58 and a beta of 1.17.

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, beating analysts’ consensus estimates of $1.12 by $0.04. AECOM had a net margin of 1.61% and a return on equity of 24.14%. The company had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same period last year, the company posted $0.94 EPS. The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. Equities research analysts predict that AECOM will post 4.46 earnings per share for the current fiscal year.

AECOM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Wednesday, October 2nd will be given a dividend of $0.22 per share. The ex-dividend date of this dividend is Wednesday, October 2nd. This represents a $0.88 annualized dividend and a yield of 0.82%. AECOM’s dividend payout ratio is presently -977.78%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Royal Bank of Canada raised their price target on shares of AECOM from $112.00 to $113.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. StockNews.com lowered shares of AECOM from a “buy” rating to a “hold” rating in a report on Thursday, October 10th. Truist Financial raised their target price on shares of AECOM from $108.00 to $119.00 and gave the company a “buy” rating in a report on Friday, October 4th. KeyCorp raised their target price on shares of AECOM from $99.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, October 7th. Finally, Robert W. Baird raised their target price on shares of AECOM from $96.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday, August 7th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $108.86.

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.