AECOM $ACM Shares Purchased by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC lifted its stake in AECOM (NYSE:ACM) by 6.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 88,774 shares of the construction company’s stock after buying an additional 5,104 shares during the period. Knights of Columbus Asset Advisors LLC owned approximately 0.07% of AECOM worth $10,019,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Wealth Enhancement Advisory Services LLC boosted its holdings in AECOM by 27.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 9,825 shares of the construction company’s stock worth $1,050,000 after acquiring an additional 2,104 shares during the period. Vest Financial LLC acquired a new position in shares of AECOM during the first quarter worth $2,411,000. Gateway Investment Advisers LLC lifted its position in shares of AECOM by 7.8% during the first quarter. Gateway Investment Advisers LLC now owns 2,196 shares of the construction company’s stock worth $204,000 after purchasing an additional 158 shares in the last quarter. UMB Bank n.a. boosted its stake in shares of AECOM by 126.7% in the first quarter. UMB Bank n.a. now owns 1,605 shares of the construction company’s stock valued at $149,000 after purchasing an additional 897 shares during the period. Finally, Park Avenue Securities LLC grew its holdings in AECOM by 34.7% during the 1st quarter. Park Avenue Securities LLC now owns 9,752 shares of the construction company’s stock valued at $904,000 after purchasing an additional 2,513 shares in the last quarter. Institutional investors and hedge funds own 85.41% of the company’s stock.

AECOM Trading Down 0.6%

Shares of NYSE ACM opened at $128.86 on Monday. 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 stock’s 50 day moving average price is $123.76 and its two-hundred day moving average price is $111.53. AECOM has a 52-week low of $85.00 and a 52-week high of $133.81. The stock has a market capitalization of $17.07 billion, a P/E ratio of 28.07, a PEG ratio of 1.74 and a beta of 1.03.

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

AECOM Dividend Announcement

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

Insider Activity at AECOM

In related news, CEO Troy Rudd sold 53,097 shares of the business’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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.41% of the company’s stock.

Analyst Ratings Changes

ACM has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of AECOM in a report on Saturday, September 27th. UBS Group lifted their target price on AECOM from $126.00 to $139.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Citigroup reissued a “buy” rating and issued a $137.00 price target (up previously from $122.00) on shares of AECOM in a report on Monday, July 28th. Bank of America lifted their price objective on AECOM from $112.50 to $124.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Finally, KeyCorp upped their target price on AECOM from $129.00 to $131.00 and gave the company an “overweight” rating in a research report on Wednesday, August 6th. Ten analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average 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.