Shayne & Jacobs LLC Purchases New Stake in AECOM $ACM

Shayne & Jacobs LLC acquired a new position in AECOM (NYSE:ACM) in the third quarter, HoldingsChannel reports. The firm acquired 30,260 shares of the construction company’s stock, valued at approximately $1,784,000.

Other hedge funds have also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd boosted 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 valued at $28,000 after purchasing an additional 144 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of AECOM during the 1st quarter valued at $36,000. Compass Financial Management LLC purchased a new position in AECOM in the 2nd quarter worth $36,000. Root Financial Partners LLC raised its position in AECOM by 118.3% in the 1st quarter. Root Financial Partners LLC now owns 631 shares of the construction company’s stock worth $54,000 after purchasing an additional 342 shares during the period. Finally, SJS Investment Consulting Inc. raised its position in AECOM by 199.1% in the 1st quarter. SJS Investment Consulting Inc. now owns 649 shares of the construction company’s stock worth $55,000 after purchasing an additional 432 shares during the period. 85.41% of the stock is currently owned by institutional investors.

AECOM Price Performance

ACM stock opened at $59.53 on Thursday. The firm’s 50-day moving average price is $62.40 and its two-hundred day moving average price is $69.89. AECOM has a 12-month low of $56.39 and a 12-month high of $135.52. The stock has a market capitalization of $7.66 billion, a price-to-earnings ratio of 27.31, a PEG ratio of 1.09 and a beta of 0.93. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.11.

AECOM (NYSE:ACM) last posted its earnings results on Monday, August 10th. The construction company reported ($0.50) earnings per share for the quarter, missing analysts’ consensus estimates of $1.46 by ($1.96). The firm had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $2.01 billion. AECOM had a return on equity of 19.72% and a net margin of 1.87%. The business’s revenue for the quarter was down 14.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.34 earnings per share. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. As a group, equities analysts predict that AECOM will post 3.98 earnings per share for the current year.

AECOM Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, October 14th will be given a dividend of $0.31 per share. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $1.24 dividend on an annualized basis and a yield of 2.1%. AECOM’s dividend payout ratio is presently 56.88%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ACM. Argus lowered their price target on shares of AECOM from $85.00 to $75.00 and set a “buy” rating for the company in a research note on Tuesday, August 25th. Citigroup reduced their price objective on AECOM from $97.00 to $84.00 and set a “buy” rating on the stock in a research note on Wednesday, August 12th. Wall Street Zen lowered AECOM from a “buy” rating to a “hold” rating in a research note on Monday, July 6th. Truist Financial dropped their target price on AECOM from $85.00 to $75.00 and set a “buy” rating for the company in a report on Monday, October 5th. Finally, Royal Bank Of Canada dropped their target price on AECOM from $90.00 to $89.00 and set an “outperform” rating for the company in a report on Thursday, October 15th. Eight research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, AECOM currently has an average rating of “Moderate Buy” and a consensus target price of $81.18.

AECOM Profile

AECOM is a global infrastructure consulting firm that provides professional services across the planning, design, engineering, construction, and management of complex projects. Its work supports transportation systems, buildings, water and wastewater infrastructure, energy facilities, environmental programs, and government and defense initiatives.

The company offers architecture and engineering, program and construction management, environmental consulting, planning, advisory, and asset-management services.