AECOM $ACM Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System lowered its stake in shares of AECOM (NYSE:ACM) by 0.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 133,776 shares of the construction company’s stock after selling 189 shares during the quarter. New York State Teachers Retirement System’s holdings in AECOM were worth $15,098,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. OneDigital Investment Advisors LLC purchased a new stake in AECOM during the 1st quarter worth about $256,000. Private Trust Co. NA boosted its stake in shares of AECOM by 37.2% in the 1st quarter. Private Trust Co. NA now owns 413 shares of the construction company’s stock valued at $38,000 after buying an additional 112 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in shares of AECOM by 3.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 7,790 shares of the construction company’s stock worth $722,000 after buying an additional 286 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of AECOM by 3.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,080,814 shares of the construction company’s stock worth $100,224,000 after buying an additional 36,804 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in AECOM by 170.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 26,543 shares of the construction company’s stock valued at $2,461,000 after acquiring an additional 16,718 shares in the last quarter. 85.41% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Citigroup reiterated a “buy” rating and issued a $137.00 price target (up previously from $122.00) on shares of AECOM in a research note on Monday, July 28th. National Bank Financial began coverage on shares of AECOM in a research report on Wednesday, October 8th. They set an “outperform” rating and a $151.00 price objective for the company. UBS Group increased their target price on AECOM from $126.00 to $139.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Barclays raised their price target on AECOM from $120.00 to $130.00 and gave the company an “overweight” rating in a research note on Tuesday, August 12th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of AECOM in a research report on Wednesday, October 8th. Eleven analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $133.20.

AECOM Price Performance

Shares of NYSE:ACM opened at $131.07 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.17 and a quick ratio of 1.17. AECOM has a 12 month low of $85.00 and a 12 month high of $133.85. The firm has a market capitalization of $17.36 billion, a P/E ratio of 28.56, a P/E/G ratio of 1.77 and a beta of 1.03. The company’s fifty day moving average price is $126.97 and its 200 day moving average price is $113.96.

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

AECOM Dividend Announcement

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

Insider Activity at AECOM

In related news, CEO Troy Rudd sold 53,097 shares of the stock in a transaction on Friday, August 15th. The stock was sold at an average price of $119.56, for a total transaction of $6,348,277.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.41% of the stock is owned by company insiders.

AECOM Company 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.