Great Lakes Advisors LLC Trims Position in AECOM $ACM

Great Lakes Advisors LLC decreased its position in AECOM (NYSE:ACM) by 43.3% during the third quarter, Holdings Channel reports. The fund owned 74,802 shares of the construction company’s stock after selling 57,215 shares during the period. Great Lakes Advisors LLC’s holdings in AECOM were worth $9,759,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of ACM. Westend Capital Management LLC purchased a new position in shares of AECOM in the third quarter worth approximately $26,000. EverSource Wealth Advisors LLC raised its position in AECOM by 189.3% in the second quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock worth $34,000 after acquiring an additional 195 shares during the period. Root Financial Partners LLC purchased a new position in shares of AECOM during the 3rd quarter worth $41,000. Allworth Financial LP boosted its stake in shares of AECOM by 38.5% during the 2nd quarter. Allworth Financial LP now owns 392 shares of the construction company’s stock worth $44,000 after acquiring an additional 109 shares during the last quarter. Finally, Chilton Capital Management LLC bought a new stake in shares of AECOM during the 3rd quarter valued at $47,000. 85.41% of the stock is owned by hedge funds and other institutional investors.

AECOM Trading Up 0.0%

ACM stock opened at $97.49 on Friday. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.14 and a quick ratio of 1.14. AECOM has a 1-year low of $85.00 and a 1-year high of $135.52. The business has a 50 day simple moving average of $99.14 and a two-hundred day simple moving average of $116.09. The company has a market capitalization of $12.60 billion, a price-to-earnings ratio of 23.16, a PEG ratio of 1.26 and a beta of 1.08.

AECOM (NYSE:ACM) last released its quarterly earnings data on Tuesday, November 18th. The construction company reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.02. AECOM had a net margin of 3.48% and a return on equity of 27.35%. The firm had revenue of $4.18 billion for the quarter, compared to analysts’ expectations of $4.31 billion. During the same quarter last year, the business posted $1.27 earnings per share. The company’s revenue for the quarter was up 1.6% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 5.650-5.850 EPS. Research analysts anticipate that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 23rd. Shareholders of record on Wednesday, January 7th were paid a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 1.3%. The ex-dividend date was Wednesday, January 7th. This is an increase from AECOM’s previous quarterly dividend of $0.26. AECOM’s dividend payout ratio is presently 29.45%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on ACM shares. Citigroup lowered their target price on AECOM from $152.00 to $131.00 and set a “buy” rating on the stock in a research report on Monday. Wall Street Zen cut AECOM from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Truist Financial reduced their target price on shares of AECOM from $148.00 to $126.00 and set a “buy” rating for the company in a report on Thursday, December 18th. KeyCorp restated an “overweight” rating and set a $115.00 target price on shares of AECOM in a research note on Wednesday, January 7th. Finally, Argus dropped their price target on shares of AECOM from $155.00 to $135.00 and set a “buy” rating for the company in a research report on Thursday, November 20th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $130.36.

About AECOM

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.