AECOM $ACM Shares Sold by Forsta AP Fonden

Forsta AP Fonden cut its stake in shares of AECOM (NYSE:ACM) by 9.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 77,100 shares of the construction company’s stock after selling 7,800 shares during the period. Forsta AP Fonden’s holdings in AECOM were worth $7,350,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its position in shares of AECOM by 1.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 731,321 shares of the construction company’s stock valued at $95,419,000 after purchasing an additional 12,664 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of AECOM by 11.3% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 129,432 shares of the construction company’s stock valued at $16,887,000 after purchasing an additional 13,127 shares in the last quarter. Leuthold Group LLC acquired a new position in shares of AECOM in the 3rd quarter valued at approximately $3,427,000. Barclays PLC raised its position in shares of AECOM by 103.8% in the 3rd quarter. Barclays PLC now owns 490,826 shares of the construction company’s stock valued at $64,038,000 after purchasing an additional 250,043 shares in the last quarter. Finally, Retirement Systems of Alabama raised its position in shares of AECOM by 8.9% in the 4th quarter. Retirement Systems of Alabama now owns 339,765 shares of the construction company’s stock valued at $32,390,000 after purchasing an additional 27,750 shares in the last quarter. 85.41% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at AECOM

In related news, CEO Troy Rudd bought 4,225 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were purchased at an average cost of $71.02 per share, with a total value of $300,059.50. Following the completion of the transaction, the chief executive officer directly owned 142,207 shares of the company’s stock, valued at approximately $10,099,541.14. This represents a 3.06% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Gaurav Kapoor bought 1,420 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was bought at an average cost of $71.12 per share, for a total transaction of $100,990.40. Following the completion of the transaction, the chief financial officer directly owned 88,053 shares of the company’s stock, valued at $6,262,329.36. This trade represents a 1.64% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.46% of the stock is owned by company insiders.

AECOM Price Performance

Shares of NYSE ACM opened at $72.65 on Tuesday. AECOM has a 1-year low of $67.64 and a 1-year high of $135.52. 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 business’s fifty day moving average price is $80.53 and its two-hundred day moving average price is $92.76. The firm has a market capitalization of $9.34 billion, a PE ratio of 18.97, a P/E/G ratio of 0.84 and a beta of 0.93.

AECOM (NYSE:ACM) last issued its earnings results on Monday, May 11th. The construction company reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.01. AECOM had a return on equity of 28.52% and a net margin of 3.16%.The firm had revenue of $3.80 billion for the quarter, compared to analyst estimates of $1.94 billion. During the same period last year, the company earned $1.25 earnings per share. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. On average, research 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, April 17th. Shareholders of record on Wednesday, April 1st were given a $0.31 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $1.24 annualized dividend and a yield of 1.7%. AECOM’s dividend payout ratio (DPR) is currently 32.38%.

Analysts Set New Price Targets

Several research firms recently issued reports on ACM. Robert W. Baird dropped their price target on AECOM from $98.00 to $91.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 12th. Truist Financial reissued a “buy” rating and set a $109.00 price target (down from $116.00) on shares of AECOM in a research report on Wednesday, May 13th. Citigroup dropped their price target on AECOM from $130.00 to $98.00 and set a “buy” rating on the stock in a research report on Wednesday, May 13th. Barclays dropped their price target on AECOM from $110.00 to $90.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 19th. Finally, Bank of America upped their price target on AECOM from $117.00 to $118.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, AECOM currently has an average rating of “Moderate Buy” and an average target price 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.