State of Wyoming Buys 1,174 Shares of AECOM (NYSE:ACM)

State of Wyoming lifted its stake in shares of AECOM (NYSE:ACM) by 45.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,775 shares of the construction company’s stock after buying an additional 1,174 shares during the quarter. State of Wyoming’s holdings in AECOM were worth $403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Alliancebernstein L.P. grew its holdings in shares of AECOM by 11.2% during the 4th quarter. Alliancebernstein L.P. now owns 3,718,371 shares of the construction company’s stock worth $397,196,000 after acquiring an additional 373,991 shares during the period. Norges Bank purchased a new position in shares of AECOM in the 4th quarter valued at approximately $190,495,000. Northern Trust Corp boosted its position in shares of AECOM by 53.5% during the fourth quarter. Northern Trust Corp now owns 1,664,893 shares of the construction company’s stock valued at $177,844,000 after purchasing an additional 580,078 shares in the last quarter. FMR LLC grew its stake in AECOM by 2.9% in the fourth quarter. FMR LLC now owns 1,360,510 shares of the construction company’s stock worth $145,330,000 after purchasing an additional 38,177 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in AECOM by 8.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,205,920 shares of the construction company’s stock worth $128,820,000 after purchasing an additional 94,880 shares in the last quarter. 85.41% of the stock is owned by institutional investors.

AECOM Stock Down 0.1%

Shares of AECOM stock opened at $108.82 on Wednesday. The company has a 50-day simple moving average of $97.23 and a two-hundred day simple moving average of $103.55. The stock has a market capitalization of $14.40 billion, a PE ratio of 30.91, a price-to-earnings-growth ratio of 1.63 and a beta of 0.96. AECOM has a 52-week low of $82.23 and a 52-week high of $118.56. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.14 and a current ratio of 1.14.

AECOM (NYSE:ACM) last announced its quarterly earnings results on Monday, May 5th. The construction company reported $1.25 earnings per share for the quarter, beating the consensus estimate of $1.15 by $0.10. The company had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $4.18 billion. AECOM had a net margin of 2.93% and a return on equity of 26.84%. The firm’s quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.04 earnings per share. On average, analysts anticipate that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.96%. The ex-dividend date was Wednesday, April 2nd. AECOM’s dividend payout ratio is currently 22.66%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Citigroup boosted their target price on shares of AECOM from $116.00 to $122.00 and gave the company a “buy” rating in a report on Wednesday, May 7th. Robert W. Baird lifted their price target on shares of AECOM from $108.00 to $118.00 and gave the company an “outperform” rating in a research report on Tuesday, May 6th. KeyCorp dropped their price objective on shares of AECOM from $121.00 to $109.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 16th. Royal Bank of Canada raised their target price on shares of AECOM from $123.00 to $126.00 and gave the company an “outperform” rating in a research note on Wednesday, May 7th. Finally, Truist Financial dropped their price target on AECOM from $129.00 to $121.00 and set a “buy” rating on the stock in a research report on Tuesday, April 8th. Nine equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, AECOM currently has a consensus rating of “Buy” and a consensus price target of $119.00.

About AECOM

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.