Robeco Schweiz AG lifted its stake in AECOM (NYSE:ACM – Free Report) by 28.9% in the 3rd quarter, Holdings Channel reports. The firm owned 445,600 shares of the construction company’s stock after purchasing an additional 99,962 shares during the quarter. Robeco Schweiz AG’s holdings in AECOM were worth $26,268,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in AECOM during the second quarter worth about $1,003,699,000. Primecap Management Co. CA purchased a new position in AECOM in the second quarter valued at about $613,336,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in AECOM in the second quarter valued at about $383,701,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in AECOM by 2.4% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,565,323 shares of the construction company’s stock valued at $248,860,000 after buying an additional 83,360 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of AECOM by 6.4% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,387,535 shares of the construction company’s stock valued at $117,680,000 after acquiring an additional 82,903 shares during the period. Institutional investors and hedge funds own 85.41% of the company’s stock.
AECOM Stock Performance
NYSE:ACM opened at $60.51 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.11. The firm has a 50-day moving average price of $62.30 and a two-hundred day moving average price of $69.66. AECOM has a twelve month low of $56.39 and a twelve month high of $135.52. The company has a market capitalization of $7.79 billion, a P/E ratio of 27.75, a price-to-earnings-growth ratio of 1.12 and a beta of 0.93.
AECOM (NYSE:ACM – Get Free Report) last announced its earnings results on Monday, August 10th. The construction company reported ($0.50) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.46 by ($1.96). AECOM had a return on equity of 19.72% and a net margin of 1.87%. The business had revenue of $3.59 billion for the quarter, compared to analyst estimates of $2.01 billion. During the same quarter in the previous year, the firm posted $1.34 EPS. The business’s revenue was down 14.2% on a year-over-year basis. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. As a group, research analysts expect that AECOM will post 3.98 earnings per share for the current fiscal year.
AECOM Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, October 14th will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Wednesday, October 14th. AECOM’s dividend payout ratio (DPR) is 56.88%.
Analyst Ratings Changes
Several equities research analysts have recently commented on the company. Bank of America decreased their price target on AECOM from $94.50 to $81.00 and set a “buy” rating on the stock in a research note on Wednesday, August 12th. Zacks Research cut AECOM from a “hold” rating to a “strong sell” rating in a report on Monday, August 10th. Barclays dropped their price objective on AECOM from $90.00 to $73.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 12th. Robert W. Baird dropped their price objective on AECOM from $73.00 to $65.00 and set a “neutral” rating for the company in a research note on Friday, August 14th. Finally, KeyCorp reduced their price objective on AECOM from $79.00 to $78.00 and set an “overweight” rating for the company in a report on Thursday, October 15th. Eight equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $80.73.
Check Out Our Latest Stock Analysis on AECOM
About AECOM
AECOM is a global infrastructure consulting firm that provides professional services across the planning, design, engineering, construction, and management of complex projects. Its work supports transportation systems, buildings, water and wastewater infrastructure, energy facilities, environmental programs, and government and defense initiatives.
The company offers architecture and engineering, program and construction management, environmental consulting, planning, advisory, and asset-management services.
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