AECOM $ACM Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC decreased its stake in AECOM (NYSE:ACM) by 66.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,904 shares of the construction company’s stock after selling 17,639 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in AECOM were worth $1,031,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ACM. Wellington Management Group LLP boosted its holdings in shares of AECOM by 5.0% in the 4th quarter. Wellington Management Group LLP now owns 12,602 shares of the construction company’s stock valued at $1,346,000 after buying an additional 603 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of AECOM by 9,543.2% in the 1st quarter. GAMMA Investing LLC now owns 147,348 shares of the construction company’s stock valued at $13,664,000 after buying an additional 145,820 shares in the last quarter. Vest Financial LLC acquired a new position in shares of AECOM in the 1st quarter valued at $2,411,000. Gateway Investment Advisers LLC boosted its stake in AECOM by 7.8% during the 1st quarter. Gateway Investment Advisers LLC now owns 2,196 shares of the construction company’s stock worth $204,000 after purchasing an additional 158 shares during the period. Finally, UMB Bank n.a. boosted its stake in AECOM by 126.7% during the 1st quarter. UMB Bank n.a. now owns 1,605 shares of the construction company’s stock worth $149,000 after purchasing an additional 897 shares during the period. Institutional investors and hedge funds own 85.41% of the company’s stock.

AECOM Stock Down 0.0%

Shares of AECOM stock opened at $130.44 on Thursday. The company has a market cap of $17.28 billion, a P/E ratio of 28.42, a PEG ratio of 1.93 and a beta of 1.03. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.17 and a current ratio of 1.17. AECOM has a one year low of $85.00 and a one year high of $133.81. The firm has a fifty day moving average of $123.16 and a two-hundred day moving average of $110.85.

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

AECOM Dividend Announcement

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 is Wednesday, October 1st. AECOM’s dividend payout ratio (DPR) is currently 22.66%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on ACM shares. UBS Group increased their price target on shares of AECOM from $126.00 to $139.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Bank of America increased their price target on shares of AECOM from $112.50 to $124.00 and gave the stock a “buy” rating in a research note on Tuesday, August 5th. Barclays increased their price target on shares of AECOM from $120.00 to $130.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 12th. Citigroup reiterated a “buy” rating and set a $137.00 price target (up previously from $122.00) on shares of AECOM in a research note on Monday, July 28th. Finally, Wall Street Zen upgraded shares of AECOM from a “hold” rating to a “buy” rating in a research note on Friday, September 26th. Nine equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, AECOM has an average rating of “Buy” and an average target price of $128.44.

Insider Activity

In other news, CEO Troy Rudd sold 53,097 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $119.56, for a total value of $6,348,277.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.41% of the stock is owned by corporate insiders.

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.