Sharpepoint LLC Sells 10,344 Shares of AECOM $ACM

Sharpepoint LLC lowered its position in shares of AECOM (NYSE:ACM) by 82.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,194 shares of the construction company’s stock after selling 10,344 shares during the period. Sharpepoint LLC’s holdings in AECOM were worth $209,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Orion Porfolio Solutions LLC increased its position in shares of AECOM by 28,246.5% during the second quarter. Orion Porfolio Solutions LLC now owns 5,335,667 shares of the construction company’s stock valued at $602,183,000 after acquiring an additional 5,316,844 shares in the last quarter. State Street Corp grew its position in AECOM by 2.6% in the 3rd quarter. State Street Corp now owns 5,107,636 shares of the construction company’s stock worth $666,393,000 after purchasing an additional 127,036 shares during the period. Invesco Ltd. grew its position in AECOM by 14.2% in the 3rd quarter. Invesco Ltd. now owns 4,979,960 shares of the construction company’s stock worth $649,735,000 after purchasing an additional 618,205 shares during the period. First Trust Advisors LP grew its position in AECOM by 105.3% in the 3rd quarter. First Trust Advisors LP now owns 4,216,372 shares of the construction company’s stock worth $550,110,000 after purchasing an additional 2,162,158 shares during the period. Finally, Geode Capital Management LLC grew its position in AECOM by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 2,444,275 shares of the construction company’s stock worth $232,359,000 after purchasing an additional 25,929 shares during the period. Institutional investors own 85.41% of the company’s stock.

AECOM Trading Down 3.7%

Shares of ACM stock opened at $68.65 on Thursday. AECOM has a 1 year low of $67.64 and a 1 year high of $135.52. The firm has a fifty day moving average price of $78.28 and a 200-day moving average price of $90.10. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.11 and a quick ratio of 1.11. The company has a market cap of $8.82 billion, a price-to-earnings ratio of 17.93, a PEG ratio of 0.87 and a beta of 0.93.

AECOM (NYSE:ACM) last issued its quarterly earnings data on Monday, May 11th. The construction company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.01. AECOM had a net margin of 3.16% and a return on equity of 28.52%. The firm had revenue of $3.80 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter in the previous year, the firm posted $1.25 EPS. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. As a group, equities analysts predict that AECOM will post 5.97 earnings per share for the current year.

AECOM Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.8%. AECOM’s payout ratio is presently 32.38%.

Insiders Place Their Bets

In other AECOM news, CFO Gaurav Kapoor acquired 1,420 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was purchased at an average price of $71.12 per share, with a total value of $100,990.40. Following the transaction, the chief financial officer directly owned 88,053 shares in the company, valued at approximately $6,262,329.36. The trade was a 1.64% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Troy Rudd acquired 4,225 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of $71.02 per share, with a total value of $300,059.50. Following the transaction, the chief executive officer owned 142,207 shares in the company, valued at approximately $10,099,541.14. This trade represents a 3.06% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on ACM shares. KeyCorp cut their target price on shares of AECOM from $115.00 to $101.00 and set an “overweight” rating for the company in a research report on Wednesday, May 13th. Robert W. Baird cut their target price on shares of AECOM from $98.00 to $91.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. Truist Financial reaffirmed a “buy” rating and issued a $109.00 target price (down from $116.00) on shares of AECOM in a research report on Wednesday, May 13th. Weiss Ratings downgraded shares of AECOM from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, May 26th. Finally, Citigroup cut their target price on shares of AECOM from $130.00 to $98.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $116.00.

AECOM Company Profile

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.