Fjarde AP Fonden Fourth Swedish National Pension Fund Cuts Stock Holdings in AECOM $ACM

Fjarde AP Fonden Fourth Swedish National Pension Fund trimmed its position in AECOM (NYSE:ACM) by 5.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 71,777 shares of the construction company’s stock after selling 3,800 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund owned about 0.05% of AECOM worth $8,101,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in ACM. Northern Trust Corp increased its stake in shares of AECOM by 33.2% during the 1st quarter. Northern Trust Corp now owns 2,218,412 shares of the construction company’s stock worth $205,713,000 after purchasing an additional 553,519 shares during the last quarter. Amundi grew its position in shares of AECOM by 16.6% during the 1st quarter. Amundi now owns 1,683,266 shares of the construction company’s stock valued at $156,096,000 after purchasing an additional 239,608 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in AECOM by 4.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,261,386 shares of the construction company’s stock worth $116,961,000 after acquiring an additional 55,466 shares during the last quarter. Deutsche Bank AG increased its position in shares of AECOM by 2.7% in the first quarter. Deutsche Bank AG now owns 1,144,329 shares of the construction company’s stock worth $106,114,000 after purchasing an additional 29,748 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of AECOM by 3.5% in 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. 85.41% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at AECOM

In other AECOM news, CEO Troy Rudd sold 53,097 shares of the business’s stock in a transaction dated 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 is available through this link. Insiders own 0.41% of the company’s stock.

Wall Street Analysts Forecast Growth

ACM has been the topic of several research reports. Truist Financial lifted their price target on shares of AECOM from $128.00 to $146.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. KeyCorp increased their price objective on AECOM from $131.00 to $144.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Wall Street Zen lowered shares of AECOM from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Bank of America upped their price target on AECOM from $112.50 to $124.00 and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of AECOM in a research report on Wednesday, October 8th. Eleven analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, AECOM has an average rating of “Buy” and a consensus price target of $137.30.

AECOM Stock Performance

Shares of ACM stock opened at $133.46 on Thursday. 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 50 day moving average price of $128.96 and a 200-day moving average price of $116.45. AECOM has a 52 week low of $85.00 and a 52 week high of $134.88. The firm has a market capitalization of $17.68 billion, a PE ratio of 29.08, a P/E/G ratio of 1.94 and a beta of 1.03.

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

AECOM Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Wednesday, October 1st were issued a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. AECOM’s dividend payout ratio is currently 22.66%.

AECOM Company 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.