J2 Capital Management Inc Makes New $633,000 Investment in AECOM $ACM

J2 Capital Management Inc purchased a new position in shares of AECOM (NYSE:ACM) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,605 shares of the construction company’s stock, valued at approximately $633,000.

Other institutional investors also recently bought and sold shares of the company. OneDigital Investment Advisors LLC purchased a new stake in AECOM during the 1st quarter worth about $256,000. Private Trust Co. NA lifted its holdings in AECOM by 37.2% during the 1st quarter. Private Trust Co. NA now owns 413 shares of the construction company’s stock worth $38,000 after buying an additional 112 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in AECOM by 3.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 7,790 shares of the construction company’s stock worth $722,000 after buying an additional 286 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in AECOM by 3.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,080,814 shares of the construction company’s stock worth $100,224,000 after buying an additional 36,804 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in AECOM by 170.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 26,543 shares of the construction company’s stock worth $2,461,000 after buying an additional 16,718 shares during the last quarter. 85.41% of the stock is owned by hedge funds and other institutional investors.

AECOM Stock Down 0.0%

ACM opened at $130.44 on Thursday. The business has a 50 day moving average price of $123.16 and a two-hundred day moving average price of $110.85. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.91. The company has a market cap of $17.28 billion, a PE ratio of 28.42, a P/E/G ratio of 1.93 and a beta of 1.03. AECOM has a 52 week low of $85.00 and a 52 week high of $133.81.

AECOM (NYSE:ACM) last posted its quarterly earnings data on Monday, August 4th. The construction company reported $1.34 EPS for the quarter, beating the consensus estimate of $1.25 by $0.09. The firm had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $4.33 billion. AECOM had a return on equity of 27.87% and a net margin of 3.82%.The firm’s revenue was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.16 EPS. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. As a group, research analysts anticipate that AECOM will post 5.1 EPS for the current year.

AECOM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Wednesday, October 1st will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a $1.04 annualized dividend and a yield of 0.8%. AECOM’s dividend payout ratio is currently 22.66%.

Insider Buying and Selling

In other AECOM news, CEO Troy Rudd sold 53,097 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $119.56, for a total transaction of $6,348,277.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.41% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

ACM has been the subject of a number of recent analyst reports. Wall Street Zen raised AECOM from a “hold” rating to a “buy” rating in a report on Friday, September 26th. Citigroup reissued a “buy” rating and issued a $137.00 target price (up from $122.00) on shares of AECOM in a report on Monday, July 28th. Bank of America boosted their target price on AECOM from $112.50 to $124.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. UBS Group boosted their target price on AECOM from $126.00 to $139.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Finally, Barclays boosted their target price on AECOM from $120.00 to $130.00 and gave the company an “overweight” rating in a report on Tuesday, August 12th. Nine equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $128.44.

About AECOM

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.