California State Teachers Retirement System Has $20.92 Million Stake in AECOM (NYSE:ACM)

California State Teachers Retirement System boosted its holdings in AECOM (NYSE:ACMFree Report) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 226,339 shares of the construction company’s stock after buying an additional 7,152 shares during the period. California State Teachers Retirement System owned approximately 0.17% of AECOM worth $20,921,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. GAMMA Investing LLC acquired a new position in AECOM in the fourth quarter valued at approximately $35,000. Manchester Capital Management LLC acquired a new position in AECOM in the third quarter valued at approximately $38,000. Headlands Technologies LLC acquired a new position in AECOM in the fourth quarter valued at approximately $40,000. Friedenthal Financial acquired a new position in AECOM in the fourth quarter valued at approximately $44,000. Finally, Tobam acquired a new position in AECOM in the fourth quarter valued at approximately $58,000. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Trading Down 1.0 %

ACM opened at $85.35 on Friday. The stock has a market capitalization of $11.62 billion, a P/E ratio of -948.23, a P/E/G ratio of 1.20 and a beta of 1.21. AECOM has a 12 month low of $74.40 and a 12 month high of $98.72. The firm’s fifty day simple moving average is $92.22 and its 200 day simple moving average is $91.09. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.88.

AECOM (NYSE:ACMGet Free Report) last posted its quarterly earnings data on Monday, May 6th. The construction company reported $1.04 EPS for the quarter, missing the consensus estimate of $1.05 by ($0.01). The company had revenue of $3.94 billion during the quarter, compared to the consensus estimate of $1.80 billion. AECOM had a negative net margin of 0.09% and a positive return on equity of 22.73%. The company’s revenue was up 13.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.92 earnings per share. As a group, research analysts anticipate that AECOM will post 4.49 EPS for the current fiscal year.

AECOM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 19th. Shareholders of record on Wednesday, July 3rd will be paid a $0.22 dividend. The ex-dividend date of this dividend is Wednesday, July 3rd. This represents a $0.88 annualized dividend and a yield of 1.03%. AECOM’s payout ratio is currently -977.67%.

Insider Buying and Selling at AECOM

In other AECOM news, Director Douglas Stotlar sold 7,179 shares of AECOM stock in a transaction on Friday, May 10th. The shares were sold at an average price of $93.51, for a total value of $671,308.29. Following the sale, the director now directly owns 34,667 shares in the company, valued at approximately $3,241,711.17. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Barclays increased their price objective on shares of AECOM from $90.00 to $100.00 and gave the company an “overweight” rating in a report on Tuesday, February 13th. KeyCorp lifted their price target on shares of AECOM from $104.00 to $105.00 and gave the stock an “overweight” rating in a research report on Friday, April 19th. Robert W. Baird lifted their price target on shares of AECOM from $104.00 to $110.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 7th. Citigroup lifted their price target on shares of AECOM from $107.00 to $116.00 and gave the stock a “buy” rating in a research report on Monday, April 22nd. Finally, UBS Group lifted their price target on shares of AECOM from $105.00 to $106.00 and gave the stock a “buy” rating in a research report on Thursday, May 23rd. Nine analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $107.25.

View Our Latest Stock Report on AECOM

About AECOM

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for AECOM (NYSE:ACM)

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