First Trust Advisors LP Decreases Stock Holdings in AECOM $ACM

First Trust Advisors LP reduced its stake in shares of AECOM (NYSE:ACM) by 25.8% during the 1st quarter, HoldingsChannel reports. The firm owned 3,026,446 shares of the construction company’s stock after selling 1,053,694 shares during the quarter. First Trust Advisors LP’s holdings in AECOM were worth $256,703,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in ACM. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its position in AECOM by 86.7% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 280 shares of the construction company’s stock worth $27,000 after buying an additional 130 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its stake in shares of AECOM by 95.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company’s stock worth $28,000 after acquiring an additional 144 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of AECOM by 189.3% in the 2nd 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 last quarter. First Horizon Corp increased its stake in shares of AECOM by 129.1% in the 4th quarter. First Horizon Corp now owns 362 shares of the construction company’s stock worth $35,000 after acquiring an additional 204 shares during the last quarter. Finally, Intesa Sanpaolo Wealth Management purchased a new position in shares of AECOM during the 4th quarter worth $38,000. Institutional investors and hedge funds own 85.41% of the company’s stock.

Insider Buying and Selling at AECOM

In related news, CFO Gaurav Kapoor bought 1,420 shares of the stock in a transaction on Thursday, May 14th. The stock was bought at an average price of $71.12 per share, with a total value of $100,990.40. Following the completion of the purchase, the chief financial officer directly owned 88,053 shares in the company, valued at $6,262,329.36. This represents a 1.64% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Troy Rudd purchased 4,225 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were bought at an average price of $71.02 per share, with a total value of $300,059.50. Following the completion of the transaction, the chief executive officer owned 142,207 shares of the company’s stock, valued at approximately $10,099,541.14. The trade was a 3.06% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 9,869 shares of company stock valued at $699,391 over the last 90 days. 0.46% of the stock is owned by insiders.

AECOM Price Performance

NYSE:ACM opened at $67.40 on Thursday. AECOM has a 52 week low of $66.28 and a 52 week high of $135.52. The stock’s fifty day moving average is $69.88 and its two-hundred day moving average is $83.54. The company has a market capitalization of $8.66 billion, a P/E ratio of 17.60, a P/E/G ratio of 0.84 and a beta of 0.93. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 1.07.

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

AECOM Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Wednesday, July 1st were given a $0.31 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $1.24 dividend on an annualized basis and a yield of 1.8%. AECOM’s dividend payout ratio is presently 32.38%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Citigroup dropped their price objective on shares of AECOM from $130.00 to $98.00 and set a “buy” rating for the company in a report on Wednesday, May 13th. Robert W. Baird reduced their target price on shares of AECOM from $98.00 to $91.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. Wall Street Zen lowered shares of AECOM from a “buy” rating to a “hold” rating in a report on Monday, July 6th. Truist Financial decreased their target price on shares of AECOM from $109.00 to $102.00 and set a “buy” rating on the stock in a report on Thursday, July 2nd. Finally, Royal Bank Of Canada dropped their price target on shares of AECOM from $111.00 to $105.00 and set an “outperform” rating for the company in a research note on Wednesday. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $114.82.

AECOM 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.