GAMMA Investing LLC Has $211,000 Holdings in AECOM $ACM

GAMMA Investing LLC increased its holdings in AECOM (NYSE:ACM) by 17.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,871 shares of the construction company’s stock after buying an additional 282 shares during the period. GAMMA Investing LLC’s holdings in AECOM were worth $211,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in ACM. Wealth Enhancement Advisory Services LLC grew its stake in AECOM by 27.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 9,825 shares of the construction company’s stock worth $1,050,000 after buying an additional 2,104 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of AECOM by 5.0% during the fourth quarter. Wellington Management Group LLP now owns 12,602 shares of the construction company’s stock valued at $1,346,000 after purchasing an additional 603 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in shares of AECOM by 148.7% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 592 shares of the construction company’s stock valued at $55,000 after buying an additional 354 shares during the period. Rothschild Investment LLC raised its stake in shares of AECOM by 56.3% during the first quarter. Rothschild Investment LLC now owns 1,180 shares of the construction company’s stock valued at $109,000 after acquiring an additional 425 shares during the last quarter. Finally, Vest Financial LLC bought a new position in AECOM during the 1st quarter worth $2,411,000. 85.41% of the stock is currently owned by institutional investors.

AECOM Stock Performance

Shares of ACM opened at $129.25 on Monday. AECOM has a 1 year low of $85.00 and a 1 year high of $133.81. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.17 and a quick ratio of 1.17. The stock’s fifty day moving average price is $122.10 and its two-hundred day moving average price is $110.33. The firm has a market cap of $17.12 billion, a PE ratio of 28.16, a PEG ratio of 1.92 and a beta of 0.99.

AECOM (NYSE:ACM) last announced its quarterly earnings data on Monday, August 4th. The construction company reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.09. The company had revenue of $1.94 billion during the quarter, compared to analyst estimates of $4.33 billion. AECOM had a return on equity of 27.87% and a net margin of 3.82%.The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.16 EPS. AECOM has set its FY 2025 guidance at 5.200-5.300 EPS. On average, equities research analysts forecast that AECOM will post 5.1 EPS for the current year.

AECOM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Wednesday, October 1st will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, October 1st. AECOM’s dividend payout ratio (DPR) is presently 22.66%.

Insiders Place Their Bets

In other news, CEO Troy Rudd sold 53,097 shares of the company’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $119.56, for a total transaction of $6,348,277.32. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.41% of the stock is owned by insiders.

Wall Street Analyst Weigh In

ACM has been the topic of several analyst reports. UBS Group upped their target price on AECOM from $126.00 to $139.00 and gave the company a “buy” rating in a report on Wednesday, August 6th. Citigroup restated a “buy” rating and issued a $137.00 target price (up from $122.00) on shares of AECOM in a research note on Monday, July 28th. KeyCorp raised their price objective on shares of AECOM from $129.00 to $131.00 and gave the company an “overweight” rating in a research note on Wednesday, August 6th. Barclays upped their price target on AECOM from $120.00 to $130.00 and gave the stock an “overweight” rating in a report on Tuesday, August 12th. Finally, Bank of America increased their price objective on shares of AECOM from $112.50 to $124.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Nine equities research analysts have rated the stock with a Buy rating, According to MarketBeat, AECOM has an average rating of “Buy” and an average price target of $128.44.

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 public and private clients.