Vestmark Advisory Solutions Inc. Buys Shares of 2,204 AECOM $ACM

Vestmark Advisory Solutions Inc. purchased a new stake in AECOM (NYSE:ACM) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,204 shares of the construction company’s stock, valued at approximately $249,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Cordatus Wealth Management LLC raised its position in AECOM by 3.7% in the first quarter. Cordatus Wealth Management LLC now owns 2,867 shares of the construction company’s stock worth $266,000 after purchasing an additional 101 shares in the last quarter. Pallas Capital Advisors LLC raised its stake in shares of AECOM by 2.1% during the second quarter. Pallas Capital Advisors LLC now owns 5,214 shares of the construction company’s stock worth $588,000 after buying an additional 107 shares during the last quarter. Signaturefd LLC lifted its stake in shares of AECOM by 21.1% in the 2nd quarter. Signaturefd LLC now owns 707 shares of the construction company’s stock valued at $80,000 after purchasing an additional 123 shares during the period. Atria Wealth Solutions Inc. increased its stake in shares of AECOM by 4.1% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 3,308 shares of the construction company’s stock valued at $373,000 after acquiring an additional 131 shares during the last quarter. Finally, CWM LLC boosted its position in shares of AECOM by 1.9% during the second quarter. CWM LLC now owns 7,861 shares of the construction company’s stock worth $887,000 after purchasing an additional 144 shares in the last quarter. 85.41% of the stock is owned by institutional investors.

Insider Buying and Selling

In other AECOM news, CEO Troy Rudd sold 53,097 shares of the firm’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $119.56, for a total transaction of $6,348,277.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.41% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on ACM shares. Citigroup upped their price target on shares of AECOM from $140.00 to $150.00 and gave the company a “buy” rating in a report on Monday, October 20th. Bank of America boosted their price objective on shares of AECOM from $112.50 to $124.00 and gave the stock a “buy” rating in a research note on Tuesday, August 5th. National Bank Financial assumed coverage on shares of AECOM in a report on Wednesday, October 8th. They issued an “outperform” rating and a $151.00 price objective on the stock. KeyCorp boosted their price target on AECOM from $131.00 to $144.00 and gave the company an “overweight” rating in a research note on Monday, October 20th. Finally, Barclays raised their price target on shares of AECOM from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Monday, October 20th. Eleven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, AECOM presently has a consensus rating of “Buy” and an average price target of $137.30.

AECOM Trading Up 1.0%

Shares of NYSE ACM opened at $134.09 on Thursday. The firm has a 50 day moving average price of $130.46 and a two-hundred day moving average price of $119.05. The stock has a market cap of $17.76 billion, a P/E ratio of 29.11, a price-to-earnings-growth ratio of 1.96 and a beta of 1.06. AECOM has a 52-week low of $85.00 and a 52-week high of $135.00. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.17 and a current ratio of 1.17.

AECOM Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Wednesday, October 1st were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Wednesday, October 1st. AECOM’s payout ratio is currently 22.66%.

AECOM Company 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.