US Bancorp DE Has $340,000 Stake in AECOM (NYSE:ACM)

US Bancorp DE lifted its position in shares of AECOM (NYSE:ACMGet Rating) by 4.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,964 shares of the construction company’s stock after purchasing an additional 192 shares during the quarter. US Bancorp DE’s holdings in AECOM were worth $340,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Point72 Hong Kong Ltd acquired a new position in shares of AECOM during the first quarter worth approximately $25,000. Brown Brothers Harriman & Co. acquired a new position in shares of AECOM during the second quarter worth approximately $35,000. Ronald Blue Trust Inc. acquired a new position in shares of AECOM during the second quarter worth approximately $65,000. Wipfli Financial Advisors LLC acquired a new position in shares of AECOM during the third quarter worth approximately $83,000. Finally, Fifth Third Bancorp raised its position in shares of AECOM by 11.4% during the second quarter. Fifth Third Bancorp now owns 1,461 shares of the construction company’s stock worth $95,000 after purchasing an additional 150 shares during the period. 84.26% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at AECOM

In other news, President Lara Poloni sold 6,498 shares of the stock in a transaction on Monday, January 9th. The stock was sold at an average price of $83.10, for a total transaction of $539,983.80. Following the completion of the transaction, the president now owns 73,351 shares in the company, valued at approximately $6,095,468.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, President Lara Poloni sold 6,498 shares of the stock in a transaction on Monday, January 9th. The stock was sold at an average price of $83.10, for a total transaction of $539,983.80. Following the completion of the transaction, the president now owns 73,351 shares in the company, valued at approximately $6,095,468.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Todd Battley sold 2,800 shares of the firm’s stock in a transaction dated Thursday, January 5th. The stock was sold at an average price of $83.96, for a total value of $235,088.00. Following the completion of the transaction, the insider now owns 16,295 shares of the company’s stock, valued at approximately $1,368,128.20. The disclosure for this sale can be found here. In the last 90 days, insiders sold 148,606 shares of company stock worth $12,269,375. 0.41% of the stock is owned by company insiders.

AECOM Trading Up 1.6 %

Shares of AECOM stock opened at $87.49 on Wednesday. AECOM has a 1 year low of $60.74 and a 1 year high of $88.42. The firm has a market cap of $12.13 billion, a PE ratio of 39.95, a P/E/G ratio of 2.15 and a beta of 1.32. The stock has a fifty day moving average price of $84.19 and a 200-day moving average price of $76.41. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.08 and a quick ratio of 1.08.

AECOM (NYSE:ACMGet Rating) last announced its earnings results on Monday, November 14th. The construction company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $0.05. The firm had revenue of $3.43 billion during the quarter, compared to analyst estimates of $3.56 billion. AECOM had a return on equity of 18.93% and a net margin of 2.36%. The business’s revenue was up 2.2% compared to the same quarter last year. During the same period last year, the firm posted $0.81 EPS. Equities research analysts anticipate that AECOM will post 3.65 EPS for the current year.

AECOM Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 20th. Stockholders of record on Wednesday, January 4th were paid a dividend of $0.18 per share. This is an increase from AECOM’s previous quarterly dividend of $0.15. The ex-dividend date was Tuesday, January 3rd. This represents a $0.72 annualized dividend and a dividend yield of 0.82%. AECOM’s dividend payout ratio is presently 32.88%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on ACM shares. Robert W. Baird increased their price target on AECOM from $83.00 to $90.00 and gave the company an “outperform” rating in a research report on Tuesday, November 15th. StockNews.com started coverage on AECOM in a research report on Wednesday, October 12th. They issued a “buy” rating for the company. Royal Bank of Canada increased their price target on AECOM from $87.00 to $91.00 and gave the company an “outperform” rating in a research report on Tuesday, November 15th. KeyCorp increased their price target on AECOM from $91.00 to $100.00 and gave the company an “overweight” rating in a research report on Tuesday, January 17th. Finally, Credit Suisse Group raised AECOM from a “neutral” rating to an “outperform” rating and increased their price target for the company from $95.00 to $98.00 in a research report on Thursday, January 12th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $92.63.

About AECOM

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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 commercial and government clients.

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Institutional Ownership by Quarter for AECOM (NYSE:ACM)

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