Swiss National Bank lifted its position in AECOM (NYSE:ACM – Free Report) by 6.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 386,880 shares of the construction company’s stock after acquiring an additional 23,900 shares during the quarter. Swiss National Bank’s holdings in AECOM were worth $32,815,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Orion Porfolio Solutions LLC lifted its position in shares of AECOM by 28,246.5% during the second quarter. Orion Porfolio Solutions LLC now owns 5,335,667 shares of the construction company’s stock valued at $602,183,000 after purchasing an additional 5,316,844 shares in the last quarter. State Street Corp grew its position in AECOM by 2.6% in the 3rd quarter. State Street Corp now owns 5,107,636 shares of the construction company’s stock worth $666,393,000 after purchasing an additional 127,036 shares in the last quarter. Invesco Ltd. grew its position in AECOM by 14.2% in the 3rd quarter. Invesco Ltd. now owns 4,979,960 shares of the construction company’s stock worth $649,735,000 after purchasing an additional 618,205 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in AECOM by 17.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,773,910 shares of the construction company’s stock valued at $264,437,000 after buying an additional 407,622 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in AECOM by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 2,444,275 shares of the construction company’s stock valued at $232,359,000 after buying an additional 25,929 shares during the last quarter. Hedge funds and other institutional investors own 85.41% of the company’s stock.
AECOM Stock Up 0.1%
ACM opened at $67.52 on Friday. AECOM has a 12 month low of $66.28 and a 12 month high of $135.52. The company has a market cap of $8.68 billion, a PE ratio of 17.63, a price-to-earnings-growth ratio of 0.82 and a beta of 0.93. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 1.07. The company has a 50 day moving average of $69.81 and a 200 day moving average of $83.34.
AECOM Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Wednesday, July 1st were given a $0.31 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $1.24 annualized dividend and a dividend yield of 1.8%. AECOM’s payout ratio is 32.38%.
Insider Activity at AECOM
In related news, CEO Troy Rudd acquired 4,225 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average price of $71.02 per share, with a total value of $300,059.50. Following the acquisition, the chief executive officer owned 142,207 shares of the company’s stock, valued at approximately $10,099,541.14. This trade represents a 3.06% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, President Lara Poloni acquired 4,224 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The shares were bought at an average cost of $70.63 per share, for a total transaction of $298,341.12. Following the acquisition, the president directly owned 153,446 shares in the company, valued at $10,837,890.98. This represents a 2.83% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have purchased 9,869 shares of company stock worth $699,391. 0.46% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on the stock. Truist Financial cut their target price on AECOM from $109.00 to $102.00 and set a “buy” rating on the stock in a research note on Thursday, July 2nd. Royal Bank Of Canada decreased their price target on AECOM from $111.00 to $105.00 and set an “outperform” rating for the company in a research report on Wednesday. KeyCorp dropped their price target on AECOM from $115.00 to $101.00 and set an “overweight” rating on the stock in a report on Wednesday, May 13th. Weiss Ratings downgraded AECOM from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, May 26th. Finally, Wall Street Zen lowered AECOM from a “buy” rating to a “hold” rating in a research report on Monday, July 6th. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $114.82.
Get Our Latest Report on AECOM
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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