First National Bank of Omaha bought a new stake in AECOM (NYSE:ACM – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,447 shares of the construction company’s stock, valued at approximately $729,000.
Other hedge funds have also recently modified their holdings of the company. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its stake in AECOM by 86.7% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 280 shares of the construction company’s stock worth $27,000 after acquiring an additional 130 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in AECOM by 95.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company’s stock valued at $28,000 after acquiring an additional 144 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of AECOM by 189.3% during the second quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock worth $34,000 after purchasing an additional 195 shares during the last quarter. First Horizon Corp increased its position in shares of AECOM by 129.1% during the fourth quarter. First Horizon Corp now owns 362 shares of the construction company’s stock worth $35,000 after purchasing an additional 204 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new stake in shares of AECOM during the first quarter worth about $36,000. 85.41% of the stock is owned by hedge funds and other institutional investors.
AECOM Stock Performance
NYSE:ACM opened at $64.97 on Thursday. The firm’s fifty day moving average price is $69.25 and its 200 day moving average price is $79.57. AECOM has a 1-year low of $60.35 and a 1-year high of $135.52. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a market cap of $8.36 billion, a price-to-earnings ratio of 29.81, a price-to-earnings-growth ratio of 4.16 and a beta of 0.93.
AECOM Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Wednesday, July 1st were issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Wednesday, July 1st. AECOM’s dividend payout ratio is currently 56.88%.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on ACM. Citigroup decreased their target price on AECOM from $97.00 to $84.00 and set a “buy” rating for the company in a research report on Wednesday, August 12th. Weiss Ratings cut AECOM from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, August 12th. Robert W. Baird reduced their target price on shares of AECOM from $73.00 to $65.00 and set a “neutral” rating for the company in a report on Friday, August 14th. The Goldman Sachs Group set a $91.00 price target on AECOM in a report on Wednesday, August 12th. Finally, UBS Group set a $85.00 price target on AECOM in a research report on Wednesday, August 12th. Nine investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $94.58.
Check Out Our Latest Research Report on AECOM
Insider Transactions at AECOM
In other AECOM news, President Lara Poloni acquired 4,224 shares of the stock in a transaction on Tuesday, June 16th. The shares were bought at an average price of $70.63 per share, with a total value of $298,341.12. Following the acquisition, the president owned 153,446 shares of the company’s stock, valued at $10,837,890.98. This trade represents a 2.83% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.46% of the stock is owned by corporate insiders.
AECOM Profile
AECOM is a multinational infrastructure consulting firm that provides a broad range of professional technical and management services. Its core offerings include architecture and engineering design, program and construction management, environmental remediation and consulting, and operations and maintenance support. The company works across the full project lifecycle from planning and design through construction and long‑term asset management.
AECOM serves public- and private-sector clients in major built-environment markets, including transportation (roads, bridges, rail, airports), water and wastewater systems, buildings and places, energy and power, and environmental services.
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