WCM Investment Management LLC Acquires Shares of 8,207 AECOM $ACM

WCM Investment Management LLC acquired a new position in shares of AECOM (NYSE:ACMFree Report) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 8,207 shares of the construction company’s stock, valued at approximately $683,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Central Pacific Bank Trust Division acquired a new position in shares of AECOM in the fourth quarter valued at approximately $27,000. Towarzystwo Funduszy Inwestycyjnych PZU SA lifted its holdings in shares of AECOM by 86.7% during the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 280 shares of the construction company’s stock worth $27,000 after purchasing an additional 130 shares during the period. Caitong International Asset Management Co. Ltd grew its position in AECOM by 95.4% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 295 shares of the construction company’s stock valued at $28,000 after buying an additional 144 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in AECOM by 189.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 298 shares of the construction company’s stock valued at $34,000 after buying an additional 195 shares during the last quarter. Finally, First Horizon Corp increased its stake in AECOM by 129.1% in the 4th quarter. First Horizon Corp now owns 362 shares of the construction company’s stock valued at $35,000 after buying an additional 204 shares during the period. 85.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on ACM shares. Barclays cut their price objective on shares of AECOM from $110.00 to $90.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 19th. Weiss Ratings downgraded shares of AECOM from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, May 26th. Wall Street Zen lowered shares of AECOM from a “buy” rating to a “hold” rating in a research note on Monday, July 6th. Royal Bank Of Canada cut their price target on shares of AECOM from $142.00 to $111.00 and set an “outperform” rating for the company in a report on Wednesday, May 13th. Finally, KeyCorp reduced their price objective on shares of AECOM from $115.00 to $101.00 and set an “overweight” rating for the company in a research report on Wednesday, May 13th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $115.36.

Get Our Latest Analysis on AECOM

AECOM Trading Up 1.6%

NYSE:ACM opened at $69.03 on Wednesday. The stock has a fifty day moving average price of $69.94 and a two-hundred day moving average price of $83.74. The stock has a market capitalization of $8.87 billion, a price-to-earnings ratio of 18.02, a PEG ratio of 0.83 and a beta of 0.93. The company has a debt-to-equity ratio of 1.07, a quick ratio of 1.11 and a current ratio of 1.11. AECOM has a 1 year low of $66.28 and a 1 year high of $135.52.

AECOM (NYSE:ACMGet Free Report) last released its earnings results on Monday, May 11th. The construction company reported $1.59 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.01. The company had revenue of $3.80 billion during the quarter, compared to the consensus estimate of $1.94 billion. AECOM had a return on equity of 28.52% and a net margin of 3.16%.AECOM’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.25 earnings per share. AECOM has set its FY 2026 guidance at 5.900-6.100 EPS. As a group, sell-side analysts anticipate that AECOM will post 5.97 earnings per share for the current fiscal year.

AECOM Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Wednesday, July 1st were paid a $0.31 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $1.24 annualized dividend and a dividend yield of 1.8%. AECOM’s dividend payout ratio (DPR) is 32.38%.

Insider Buying and Selling

In related news, President Lara Poloni acquired 4,224 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were purchased at an average price of $70.63 per share, with a total value of $298,341.12. Following the completion of the acquisition, the president owned 153,446 shares in the company, valued at approximately $10,837,890.98. This represents a 2.83% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Gaurav Kapoor bought 1,420 shares of the stock in a transaction on Thursday, May 14th. The shares were bought at an average price 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 position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have purchased 9,869 shares of company stock valued at $699,391. Corporate insiders own 0.46% of the company’s stock.

About AECOM

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for AECOM (NYSE:ACM)

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