AECOM (ACM) to Release Earnings on Monday

AECOM (NYSE:ACM) will be releasing its earnings data after the market closes on Monday, November 13th. Analysts expect AECOM to post earnings of $1.01 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

AECOM Stock Performance

Shares of ACM stock opened at $80.28 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.82. The firm has a fifty day moving average price of $81.19 and a 200 day moving average price of $83.31. The company has a market cap of $11.14 billion, a P/E ratio of 83.63, a PEG ratio of 1.64 and a beta of 1.30. AECOM has a 12 month low of $74.40 and a 12 month high of $92.16.

AECOM Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 20th. Investors of record on Thursday, October 5th were given a $0.18 dividend. The ex-dividend date was Wednesday, October 4th. This represents a $0.72 dividend on an annualized basis and a yield of 0.90%. AECOM’s dividend payout ratio (DPR) is presently 75.00%.

Insider Activity at AECOM

In other AECOM news, CEO Troy Rudd sold 78,097 shares of the stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $88.33, for a total transaction of $6,898,308.01. Following the transaction, the chief executive officer now owns 185,942 shares of the company’s stock, valued at $16,424,256.86. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On AECOM

A number of large investors have recently bought and sold shares of ACM. Point72 Hong Kong Ltd purchased a new stake in AECOM during the 1st quarter worth $25,000. Money Concepts Capital Corp bought a new stake in shares of AECOM during the 4th quarter valued at about $55,000. Fred Alger Management LLC bought a new stake in shares of AECOM during the 3rd quarter valued at about $59,000. UniSuper Management Pty Ltd bought a new stake in shares of AECOM during the 2nd quarter valued at about $76,000. Finally, Belpointe Asset Management LLC grew its position in shares of AECOM by 33.8% during the 1st quarter. Belpointe Asset Management LLC now owns 1,167 shares of the construction company’s stock valued at $98,000 after buying an additional 295 shares during the last quarter. Hedge funds and other institutional investors own 84.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on ACM shares. Citigroup reduced their target price on shares of AECOM from $105.00 to $93.00 and set a “buy” rating for the company in a report on Monday, October 23rd. Credit Suisse Group reduced their target price on shares of AECOM from $101.00 to $99.00 and set an “outperform” rating for the company in a report on Wednesday, August 9th. Finally, StockNews.com cut shares of AECOM from a “buy” rating to a “hold” rating in a report on Friday, October 27th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $97.43.

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 commercial and government clients.