4,232 Shares in AECOM (NYSE:ACM) Bought by Caxton Associates LP

Caxton Associates LP purchased a new stake in shares of AECOM (NYSE:ACM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 4,232 shares of the construction company’s stock, valued at approximately $373,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ninety One UK Ltd purchased a new stake in shares of AECOM during the 2nd quarter worth about $46,109,000. Findlay Park Partners LLP grew its stake in AECOM by 22.6% during the first quarter. Findlay Park Partners LLP now owns 2,561,327 shares of the construction company’s stock worth $251,215,000 after buying an additional 472,944 shares during the period. DekaBank Deutsche Girozentrale increased its position in shares of AECOM by 451.9% in the first quarter. DekaBank Deutsche Girozentrale now owns 481,769 shares of the construction company’s stock worth $47,617,000 after acquiring an additional 394,481 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of AECOM by 18.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,628,924 shares of the construction company’s stock valued at $143,573,000 after acquiring an additional 258,250 shares during the period. Finally, Impax Asset Management Group plc lifted its holdings in shares of AECOM by 15.5% during the 2nd quarter. Impax Asset Management Group plc now owns 1,752,487 shares of the construction company’s stock valued at $154,464,000 after acquiring an additional 235,350 shares in the last quarter. 85.41% of the stock is currently owned by institutional investors and hedge funds.

AECOM Trading Up 0.0 %

ACM opened at $103.22 on Friday. AECOM has a 12-month low of $74.40 and a 12-month high of $104.63. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.13 and a quick ratio of 1.13. The stock has a market capitalization of $14.05 billion, a PE ratio of -1,146.89, a P/E/G ratio of 1.70 and a beta of 1.17. The firm’s fifty day moving average price is $95.91 and its 200 day moving average price is $92.68.

AECOM (NYSE:ACM) last issued its earnings results on Monday, August 5th. The construction company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.04. The business had revenue of $4.15 billion for the quarter, compared to analyst estimates of $1.85 billion. AECOM had a net margin of 1.61% and a return on equity of 24.14%. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.94 EPS. As a group, research analysts expect that AECOM will post 4.46 EPS for the current fiscal year.

AECOM Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Stockholders of record on Wednesday, October 2nd will be given a $0.22 dividend. The ex-dividend date of this dividend is Wednesday, October 2nd. This represents a $0.88 annualized dividend and a dividend yield of 0.85%. AECOM’s payout ratio is -977.78%.

Wall Street Analyst Weigh In

ACM has been the topic of several research reports. KeyCorp raised their price objective on AECOM from $94.00 to $99.00 and gave the company an “overweight” rating in a research report on Wednesday, August 7th. Barclays raised their target price on AECOM from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, August 8th. Citigroup decreased their price target on AECOM from $116.00 to $104.00 and set a “buy” rating for the company in a report on Monday, July 22nd. Robert W. Baird lifted their price objective on shares of AECOM from $96.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Finally, Royal Bank of Canada upped their target price on shares of AECOM from $112.00 to $113.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Eight analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $105.00.

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.