Legal & General Group Plc Increases Stock Holdings in AECOM $ACM

Legal & General Group Plc increased its position in AECOM (NYSE:ACM) by 3.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 405,000 shares of the construction company’s stock after acquiring an additional 13,131 shares during the quarter. Legal & General Group Plc owned about 0.31% of AECOM worth $45,708,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. TCTC Holdings LLC boosted its holdings in AECOM by 120.3% in the 1st quarter. TCTC Holdings LLC now owns 304 shares of the construction company’s stock valued at $28,000 after purchasing an additional 166 shares during the period. MAI Capital Management bought a new position in shares of AECOM in the first quarter worth $28,000. Caitong International Asset Management Co. Ltd raised its position in shares of AECOM by 212.9% in the first quarter. Caitong International Asset Management Co. Ltd now owns 316 shares of the construction company’s stock worth $29,000 after buying an additional 215 shares in the last quarter. SVB Wealth LLC bought a new stake in AECOM during the first quarter valued at $33,000. Finally, Allworth Financial LP boosted its stake in AECOM by 38.5% during the second quarter. Allworth Financial LP now owns 392 shares of the construction company’s stock valued at $44,000 after buying an additional 109 shares during the period. Institutional investors own 85.41% of the company’s stock.

AECOM Price Performance

Shares of AECOM stock opened at $105.59 on Thursday. The firm has a market capitalization of $13.99 billion, a PE ratio of 23.00, a price-to-earnings-growth ratio of 1.96 and a beta of 1.06. 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 12 month low of $85.00 and a 12 month high of $135.52. The business’s 50-day moving average price is $128.38 and its 200-day moving average price is $120.10.

AECOM (NYSE:ACM) last issued its earnings results on Tuesday, November 18th. The construction company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.02. AECOM had a return on equity of 27.87% and a net margin of 3.82%.The business had revenue of $4.18 billion during the quarter, compared to analyst estimates of $4.31 billion. During the same quarter in the prior year, the firm earned $1.27 earnings per share. AECOM’s revenue for the quarter was up 1.6% on a year-over-year basis. AECOM has set its FY 2026 guidance at 5.650-5.850 EPS. Sell-side analysts forecast that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Wednesday, January 7th will be paid a $0.31 dividend. This is a positive change from AECOM’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Wednesday, January 7th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.2%. AECOM’s dividend payout ratio is currently 29.45%.

Analyst Ratings Changes

A number of brokerages have weighed in on ACM. Weiss Ratings restated a “buy (b)” rating on shares of AECOM in a research note on Wednesday, October 8th. Citigroup upped their price objective on shares of AECOM from $150.00 to $152.00 and gave the stock a “buy” rating in a research report on Wednesday, November 19th. Robert W. Baird lowered their target price on shares of AECOM from $144.00 to $143.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 19th. 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 target price for the company. Finally, Truist Financial boosted their price target on shares of AECOM from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Friday, November 21st. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $141.90.

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.