AECOM (NYSE:ACM) Shares Bought by Victory Capital Management Inc.

Victory Capital Management Inc. grew its stake in shares of AECOM (NYSE:ACM) by 1.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 323,544 shares of the construction company’s stock after purchasing an additional 4,681 shares during the period. Victory Capital Management Inc.’s holdings in AECOM were worth $29,905,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in ACM. Impax Asset Management Group plc boosted its holdings in AECOM by 6.9% during the third quarter. Impax Asset Management Group plc now owns 1,628,534 shares of the construction company’s stock worth $135,233,000 after buying an additional 105,454 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in shares of AECOM by 1.7% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 951,097 shares of the construction company’s stock worth $78,979,000 after acquiring an additional 16,182 shares during the period. Robeco Schweiz AG increased its stake in AECOM by 0.7% in the 3rd quarter. Robeco Schweiz AG now owns 871,218 shares of the construction company’s stock valued at $72,346,000 after purchasing an additional 6,065 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in AECOM by 0.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 863,732 shares of the construction company’s stock worth $71,724,000 after purchasing an additional 2,421 shares during the last quarter. Finally, UBS Group AG boosted its position in AECOM by 13.8% during the third quarter. UBS Group AG now owns 833,707 shares of the construction company’s stock worth $69,231,000 after purchasing an additional 100,875 shares in the last quarter. 85.41% of the stock is owned by institutional investors and hedge funds.

AECOM Stock Performance

NYSE:ACM opened at $93.18 on Wednesday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.05 and a quick ratio of 1.05. The firm has a market cap of $12.67 billion, a PE ratio of 207.07, a P/E/G ratio of 1.41 and a beta of 1.23. The firm has a 50 day simple moving average of $93.90 and a 200-day simple moving average of $89.77. AECOM has a 1-year low of $74.40 and a 1-year high of $98.72.

AECOM (NYSE:ACM) last released its earnings results on Monday, May 6th. The construction company reported $1.04 EPS for the quarter, missing the consensus estimate of $1.05 by ($0.01). AECOM had a return on equity of 21.45% and a net margin of 0.42%. The firm had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $1.80 billion. During the same period in the previous year, the firm posted $0.92 earnings per share. The firm’s revenue was up 13.0% on a year-over-year basis. On average, equities analysts expect that AECOM will post 4.43 EPS for the current year.

AECOM Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 10th. Investors of record on Wednesday, April 24th will be given a dividend of $0.22 per share. The ex-dividend date is Tuesday, April 23rd. This represents a $0.88 annualized dividend and a yield of 0.94%. AECOM’s dividend payout ratio (DPR) is presently 195.56%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Barclays raised their price target on AECOM from $90.00 to $100.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. Royal Bank of Canada restated an “outperform” rating and set a $109.00 target price on shares of AECOM in a report on Wednesday, February 7th. TheStreet raised shares of AECOM from a “c+” rating to a “b” rating in a report on Monday, February 5th. KeyCorp increased their price target on shares of AECOM from $104.00 to $105.00 and gave the company an “overweight” rating in a research report on Friday, April 19th. Finally, Citigroup lifted their price objective on AECOM from $107.00 to $116.00 and gave the stock a “buy” rating in a research report on Monday, April 22nd. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $106.43.

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.