Plato Investment Management Ltd Invests $1.07 Million in AECOM $ACM

Plato Investment Management Ltd purchased a new stake in shares of AECOM (NYSE:ACM) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 15,409 shares of the construction company’s stock, valued at approximately $1,069,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Orion Porfolio Solutions LLC raised its position in AECOM by 28,246.5% in 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 purchasing an additional 5,316,844 shares during the period. Norges Bank purchased a new position in shares of AECOM during the 4th quarter worth $205,499,000. Bank of New York Mellon Corp purchased a new position in shares of AECOM during the 2nd quarter worth $79,519,000. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of AECOM during the 4th quarter worth about $67,553,000. Finally, Lazard Asset Management LLC acquired a new stake in shares of AECOM during the 1st quarter worth about $54,686,000. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on ACM shares. Barclays lowered their target price on shares of AECOM from $90.00 to $73.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 12th. KeyCorp dropped their target price on shares of AECOM from $101.00 to $79.00 and set an “overweight” rating for the company in a report on Wednesday, August 12th. UBS Group set a $85.00 price target on AECOM in a research report on Wednesday, August 12th. Truist Financial reaffirmed a “buy” rating and issued a $85.00 price objective (down from $102.00) on shares of AECOM in a research note on Wednesday, August 12th. Finally, The Goldman Sachs Group set a $91.00 target price on AECOM in a research note on Wednesday, August 12th. Nine equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $94.58.

Insider Activity

In other news, President Lara Poloni acquired 4,224 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was acquired at an average cost of $70.63 per share, with a total value of $298,341.12. Following the transaction, the president owned 153,446 shares in the company, valued at approximately $10,837,890.98. This trade represents a 2.83% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.46% of the company’s stock.

AECOM Stock Performance

Shares of AECOM stock opened at $61.93 on Wednesday. AECOM has a one year low of $60.35 and a one year high of $135.52. The company has a market cap of $7.97 billion, a PE ratio of 28.41, a P/E/G ratio of 4.25 and a beta of 0.93. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.06 and a current ratio of 1.06. The business has a 50-day simple moving average of $69.32 and a 200-day simple moving average of $79.80.

AECOM (NYSE:ACM) last released 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). AECOM had a return on equity of 19.72% and a net margin of 1.87%.The firm had revenue of $3.59 billion for the quarter, compared to analysts’ expectations of $2.01 billion. During the same quarter in the previous year, the company posted $1.34 earnings per share. The firm’s quarterly revenue was down 14.2% on a year-over-year basis. AECOM has set its FY 2026 guidance at 3.950-4.150 EPS. On average, equities research analysts forecast that AECOM will post 3.98 EPS for the current fiscal year.

AECOM Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Wednesday, July 1st were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date was Wednesday, July 1st. AECOM’s dividend payout ratio (DPR) is presently 56.88%.

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.