Magnetar Financial LLC Has $232,000 Stock Holdings in AECOM $ACM

Magnetar Financial LLC decreased its stake in shares of AECOM (NYSE:ACM) by 98.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,055 shares of the construction company’s stock after selling 119,934 shares during the period. Magnetar Financial LLC’s holdings in AECOM were worth $232,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Cordatus Wealth Management LLC lifted its position in AECOM by 3.7% during the first quarter. Cordatus Wealth Management LLC now owns 2,867 shares of the construction company’s stock worth $266,000 after acquiring an additional 101 shares during the last quarter. Pallas Capital Advisors LLC increased its stake in shares of AECOM by 2.1% during the second quarter. Pallas Capital Advisors LLC now owns 5,214 shares of the construction company’s stock worth $588,000 after purchasing an additional 107 shares during the period. Allworth Financial LP lifted its holdings in AECOM by 38.5% during the 2nd quarter. Allworth Financial LP now owns 392 shares of the construction company’s stock worth $44,000 after purchasing an additional 109 shares during the last quarter. Signaturefd LLC boosted its stake in AECOM by 21.1% in the 2nd quarter. Signaturefd LLC now owns 707 shares of the construction company’s stock valued at $80,000 after purchasing an additional 123 shares during the period. Finally, Atria Wealth Solutions Inc. grew its holdings in AECOM by 4.1% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 3,308 shares of the construction company’s stock valued at $373,000 after buying an additional 131 shares in the last quarter. 85.41% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ACM has been the subject of a number of recent research reports. Citigroup boosted their target price on shares of AECOM from $150.00 to $152.00 and gave the company a “buy” rating in a research report on Wednesday, November 19th. Bank of America boosted their price objective on shares of AECOM from $112.50 to $124.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. Wall Street Zen lowered shares of AECOM from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Truist Financial lifted their price target on shares of AECOM from $146.00 to $148.00 and gave the company a “buy” rating in a research report on Friday, November 21st. Finally, National Bank Financial started coverage on AECOM in a research report on Wednesday, October 8th. They set an “outperform” rating and a $151.00 price target on the stock. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $141.90.

AECOM Price Performance

AECOM stock opened at $105.59 on Thursday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.17 and a current ratio of 1.17. AECOM has a 52 week low of $85.00 and a 52 week high of $135.52. The stock has a market capitalization of $13.99 billion, a P/E ratio of 23.00, a price-to-earnings-growth ratio of 1.96 and a beta of 1.06. The stock has a fifty day moving average of $128.38 and a 200-day moving average of $120.10.

AECOM (NYSE:ACM) last released its earnings results on Tuesday, November 18th. The construction company reported $1.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.02. The firm had revenue of $4.18 billion for the quarter, compared to analysts’ expectations of $4.31 billion. AECOM had a return on equity of 27.87% and a net margin of 3.82%.The business’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.27 earnings per share. AECOM has set its FY 2026 guidance at 5.650-5.850 EPS. On average, sell-side analysts expect that AECOM will post 5.1 earnings per share for the current fiscal year.

AECOM Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Investors of record on Wednesday, January 7th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, January 7th. This is a positive change from AECOM’s previous quarterly dividend of $0.26. AECOM’s payout ratio is currently 29.45%.

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.