ASR Vermogensbeheer N.V. Has $782,000 Position in AECOM $ACM

ASR Vermogensbeheer N.V. increased its stake in AECOM (NYSE:ACM) by 32.1% in the 2nd quarter, Holdings Channel reports. The firm owned 6,925 shares of the construction company’s stock after purchasing an additional 1,681 shares during the period. ASR Vermogensbeheer N.V.’s holdings in AECOM were worth $782,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Northern Trust Corp lifted its holdings in AECOM by 33.2% in 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 lifted its holdings in AECOM by 16.6% in the 1st quarter. Amundi now owns 1,683,266 shares of the construction company’s stock worth $156,096,000 after purchasing an additional 239,608 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings 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 purchasing an additional 55,466 shares during the last quarter. Deutsche Bank AG lifted its holdings in AECOM by 2.7% in the 1st 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. lifted its holdings in 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 purchasing an additional 36,804 shares during the last quarter. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Stock Performance

ACM opened at $128.86 on Friday. The stock has a market cap of $17.07 billion, a PE ratio of 28.07, a P/E/G ratio of 1.74 and a beta of 1.03. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.91. AECOM has a 1 year low of $85.00 and a 1 year high of $133.81. The stock’s 50 day simple moving average is $123.76 and its 200-day simple moving average is $111.42.

AECOM (NYSE:ACM) last released its quarterly earnings data on Monday, August 4th. The construction company reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.09. The business had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $4.33 billion. AECOM had a return on equity of 27.87% and a net margin of 3.82%.AECOM’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.16 earnings per share. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. Sell-side analysts forecast that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Wednesday, October 1st will be paid a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a $1.04 annualized dividend and a yield of 0.8%. AECOM’s payout ratio is currently 22.66%.

Wall Street Analysts Forecast Growth

ACM has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of AECOM in a research report on Saturday, September 27th. Citigroup reaffirmed a “buy” rating and issued a $137.00 price target (up from $122.00) on shares of AECOM in a research report on Monday, July 28th. KeyCorp lifted their price target on AECOM from $129.00 to $131.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. UBS Group lifted their price target on AECOM from $126.00 to $139.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, Barclays lifted their price target on AECOM from $120.00 to $130.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 12th. Ten research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, AECOM has a consensus rating of “Buy” and an average price target of $128.44.

Insider Buying and Selling

In related news, CEO Troy Rudd sold 53,097 shares of the business’s stock in a transaction on Friday, August 15th. The stock was sold at an average price of $119.56, for a total value of $6,348,277.32. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.41% of the stock is currently owned by corporate insiders.

About AECOM

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.