PNC Financial Services Group Inc. Sells 761 Shares of AECOM $ACM

PNC Financial Services Group Inc. trimmed its position in AECOM (NYSE:ACM) by 5.9% during the second quarter, Holdings Channel reports. The institutional investor owned 12,234 shares of the construction company’s stock after selling 761 shares during the quarter. PNC Financial Services Group Inc.’s holdings in AECOM were worth $1,381,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ACM. Hantz Financial Services Inc. increased its position in AECOM by 604.6% in the second quarter. Hantz Financial Services Inc. now owns 458 shares of the construction company’s stock worth $52,000 after purchasing an additional 393 shares during the period. Brookstone Capital Management bought a new position in shares of AECOM in the 2nd quarter valued at about $219,000. Goldman Sachs Group Inc. boosted its stake in shares of AECOM by 3.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,080,814 shares of the construction company’s stock valued at $100,224,000 after purchasing an additional 36,804 shares during the last quarter. Boston Partners raised its stake in shares of AECOM by 7.6% during the second quarter. Boston Partners now owns 115,593 shares of the construction company’s stock worth $13,047,000 after buying an additional 8,161 shares during the last quarter. Finally, R Squared Ltd acquired a new position in AECOM in the second quarter valued at approximately $272,000. 85.41% of the stock is owned by institutional investors and hedge funds.

AECOM Stock Performance

ACM stock opened at $105.91 on Friday. AECOM has a 1-year low of $85.00 and a 1-year high of $135.52. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.91. The firm has a market cap of $14.03 billion, a PE ratio of 23.07, a P/E/G ratio of 1.96 and a beta of 1.06. The business’s 50-day moving average price is $130.22 and its two-hundred day moving average price is $119.95.

AECOM (NYSE:ACM) last released its quarterly earnings results on Tuesday, November 18th. The construction company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.34 by $0.02. AECOM had a return on equity of 27.87% and a net margin of 3.82%.The company had revenue of $4.18 billion for the quarter, compared to analyst estimates of $4.31 billion. During the same quarter last year, the firm posted $1.27 earnings per share. AECOM’s revenue was up 1.6% compared to the same quarter last year. AECOM has set its FY 2026 guidance at 5.650-5.850 EPS. As a group, research analysts forecast that AECOM will post 5.1 earnings per share for the current year.

AECOM Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Wednesday, January 7th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.2%. This is a boost from AECOM’s previous quarterly dividend of $0.26. The ex-dividend date is Wednesday, January 7th. AECOM’s dividend payout ratio is currently 24.70%.

Analyst Ratings Changes

A number of research firms have commented on ACM. Bank of America lifted their target price on shares of AECOM from $112.50 to $124.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. UBS Group decreased their price objective on AECOM from $153.00 to $148.00 and set a “buy” rating for the company in a research note on Wednesday. KeyCorp upped their price objective on AECOM from $131.00 to $144.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Weiss Ratings restated a “buy (b)” rating on shares of AECOM in a report on Wednesday, October 8th. Finally, Royal Bank Of Canada decreased their target price on AECOM from $142.00 to $139.00 and set an “outperform” rating for the company in a research report on Thursday. Twelve equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, AECOM currently has a consensus rating of “Buy” and a consensus target price of $140.64.

AECOM Profile

AECOM, together with its subsidiaries, provides professional infrastructure consulting services worldwide. It operates in three segments: Americas, International, and AECOM Capital. The company offers planning, consulting, architectural and engineering design, construction and program management, and investment and development services to public and private clients.