IFM Investors Pty Ltd Has $2.86 Million Holdings in AECOM (NYSE:ACM)

IFM Investors Pty Ltd lifted its position in shares of AECOM (NYSE:ACM) by 46.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,644 shares of the construction company’s stock after purchasing an additional 8,705 shares during the quarter. IFM Investors Pty Ltd’s holdings in AECOM were worth $2,855,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Great Lakes Retirement Inc. grew its holdings in shares of AECOM by 9.9% during the 3rd quarter. Great Lakes Retirement Inc. now owns 13,078 shares of the construction company’s stock worth $1,351,000 after purchasing an additional 1,182 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of AECOM during the 3rd quarter worth approximately $42,201,000. Sierra Capital LLC grew its holdings in shares of AECOM by 3.3% during the 3rd quarter. Sierra Capital LLC now owns 5,509 shares of the construction company’s stock worth $569,000 after purchasing an additional 178 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in shares of AECOM during the 3rd quarter worth approximately $215,000. Finally, Raymond James & Associates grew its holdings in shares of AECOM by 1.3% during the 3rd quarter. Raymond James & Associates now owns 37,221 shares of the construction company’s stock worth $3,844,000 after purchasing an additional 490 shares in the last quarter. Institutional investors and hedge funds own 85.41% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on ACM shares. Robert W. Baird raised their target price on AECOM from $96.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. Royal Bank of Canada raised their target price on AECOM from $112.00 to $113.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 7th. Truist Financial raised their target price on AECOM from $108.00 to $119.00 and gave the stock a “buy” rating in a research report on Friday, October 4th. KeyCorp raised their target price on AECOM from $99.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, October 7th. Finally, Barclays raised their target price on AECOM from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, August 8th. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, AECOM presently has a consensus rating of “Buy” and an average price target of $112.29.

AECOM Trading Down 0.4 %

Shares of ACM opened at $104.49 on Monday. The stock has a fifty day moving average price of $101.22 and a two-hundred day moving average price of $93.98. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.13 and a current ratio of 1.13. AECOM has a 52-week low of $74.40 and a 52-week high of $108.26. The company has a market cap of $14.22 billion, a price-to-earnings ratio of -1,161.00, a PEG ratio of 1.58 and a beta of 1.17.

AECOM (NYSE:ACM) last released its earnings results on Monday, August 5th. The construction company reported $1.16 EPS for the quarter, beating the consensus estimate of $1.12 by $0.04. The company had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $1.85 billion. AECOM had a return on equity of 24.14% and a net margin of 1.61%. The business’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period last year, the firm earned $0.94 EPS. Analysts predict that AECOM will post 4.46 EPS for the current fiscal year.

AECOM Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, October 2nd were paid a $0.22 dividend. The ex-dividend date was Wednesday, October 2nd. This represents a $0.88 annualized dividend and a dividend yield of 0.84%. AECOM’s dividend payout ratio (DPR) is currently -977.78%.

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.