Public Employees Retirement System of Ohio Buys 329 Shares of AECOM $ACM

Public Employees Retirement System of Ohio lifted its stake in AECOM (NYSE:ACM) by 0.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,082 shares of the construction company’s stock after acquiring an additional 329 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in AECOM were worth $4,637,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in ACM. MAI Capital Management purchased a new position in shares of AECOM in the first quarter worth approximately $28,000. TCTC Holdings LLC boosted its holdings in shares of AECOM by 120.3% in the first quarter. TCTC Holdings LLC now owns 304 shares of the construction company’s stock worth $28,000 after buying an additional 166 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of AECOM by 212.9% in the first quarter. Caitong International Asset Management Co. Ltd now owns 316 shares of the construction company’s stock worth $29,000 after buying an additional 215 shares during the last quarter. SVB Wealth LLC purchased a new position in shares of AECOM in the first quarter worth approximately $33,000. Finally, Private Trust Co. NA boosted its holdings in shares of AECOM by 37.2% in the first quarter. Private Trust Co. NA now owns 413 shares of the construction company’s stock worth $38,000 after buying an additional 112 shares during the last quarter. 85.41% of the stock is currently owned by institutional investors.

Insider Activity at AECOM

In other news, CEO Troy Rudd sold 53,097 shares of the business’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $119.56, for a total value of $6,348,277.32. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.41% of the company’s stock.

AECOM Price Performance

ACM stock opened at $130.10 on Tuesday. AECOM has a one year low of $85.00 and a one year high of $133.81. The company’s fifty day moving average price is $122.46 and its 200-day moving average price is $110.57. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.17 and a current ratio of 1.17. The company has a market capitalization of $17.23 billion, a PE ratio of 28.34, a price-to-earnings-growth ratio of 1.92 and a beta of 0.99.

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

AECOM Announces Dividend

The business also recently announced 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 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, October 1st. AECOM’s payout ratio is 22.66%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. UBS Group raised their price objective on shares of AECOM from $126.00 to $139.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. KeyCorp raised their price objective on shares of AECOM from $129.00 to $131.00 and gave the stock an “overweight” rating in a report on Wednesday, August 6th. Citigroup reissued a “buy” rating and issued a $137.00 price objective (up previously from $122.00) on shares of AECOM in a report on Monday, July 28th. Wall Street Zen raised shares of AECOM from a “hold” rating to a “buy” rating in a report on Friday. Finally, Bank of America raised their price objective on shares of AECOM from $112.50 to $124.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Nine investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $128.44.

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.