111 Capital Sells 221 Shares of AECOM $ACM

111 Capital cut its stake in AECOM (NYSE:ACM) by 5.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,832 shares of the construction company’s stock after selling 221 shares during the period. 111 Capital’s holdings in AECOM were worth $432,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. TCTC Holdings LLC grew its holdings in shares of AECOM by 120.3% in the first quarter. TCTC Holdings LLC now owns 304 shares of the construction company’s stock worth $28,000 after purchasing an additional 166 shares during the last quarter. MAI Capital Management purchased a new stake in AECOM in the first quarter worth about $28,000. Caitong International Asset Management Co. Ltd lifted its stake in AECOM by 212.9% in 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 purchased a new stake in AECOM in the first quarter worth about $33,000. Finally, Private Trust Co. NA lifted its stake in AECOM by 37.2% in the first quarter. Private Trust Co. NA now owns 413 shares of the construction company’s stock worth $38,000 after acquiring an additional 112 shares during the period. 85.41% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Troy Rudd sold 53,097 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were 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 SEC, which is accessible through the SEC website. 0.41% of the stock is currently owned by company insiders.

AECOM Stock Performance

ACM stock opened at $128.86 on Monday. AECOM has a one year low of $85.00 and a one year high of $133.81. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.17 and a current ratio of 1.17. The firm has a market cap of $17.07 billion, a price-to-earnings ratio of 28.07, a PEG ratio of 1.74 and a beta of 1.03. The firm has a 50-day simple moving average of $123.76 and a two-hundred day simple moving average of $111.53.

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

AECOM Dividend Announcement

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

Analyst Ratings Changes

A number of analysts recently weighed in on ACM shares. Barclays upped their price objective on shares of AECOM from $120.00 to $130.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AECOM in a research note on Saturday, September 27th. Wall Street Zen raised shares of AECOM from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. KeyCorp increased their price target on shares of AECOM from $129.00 to $131.00 and gave the company an “overweight” rating in a research report on Wednesday, August 6th. Finally, Citigroup reissued a “buy” rating and set a $137.00 price target (up from $122.00) on shares of AECOM in a research report on Monday, July 28th. Ten equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $128.44.

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.