Ameritas Advisory Services LLC Purchases New Position in AECOM $ACM

Ameritas Advisory Services LLC acquired a new position in AECOM (NYSE:ACM) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 642 shares of the construction company’s stock, valued at approximately $72,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ACM. TCTC Holdings LLC increased 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 acquiring an additional 166 shares in the last quarter. MAI Capital Management acquired a new stake in shares of AECOM in the first quarter valued at approximately $28,000. Caitong International Asset Management Co. Ltd increased its stake in shares of AECOM by 212.9% during the first quarter. Caitong International Asset Management Co. Ltd now owns 316 shares of the construction company’s stock worth $29,000 after purchasing an additional 215 shares during the period. SVB Wealth LLC bought a new position in AECOM during the 1st quarter worth $33,000. Finally, Private Trust Co. NA boosted its holdings in shares of AECOM by 37.2% in the 1st quarter. Private Trust Co. NA now owns 413 shares of the construction company’s stock valued at $38,000 after purchasing an additional 112 shares in the last quarter. Institutional investors own 85.41% of the company’s stock.

Insider Buying and Selling at AECOM

In other news, CEO Troy Rudd sold 53,097 shares of the firm’s 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 transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. KeyCorp lifted their target price on AECOM from $129.00 to $131.00 and gave the stock an “overweight” rating in a report on Wednesday, August 6th. Barclays boosted their price objective on AECOM from $120.00 to $130.00 and gave the stock an “overweight” rating in a report on Tuesday, August 12th. National Bank Financial initiated coverage on AECOM in a research note on Wednesday. They issued an “outperform” rating and a $151.00 price objective on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of AECOM in a report on Wednesday. Finally, UBS Group upped their price target on shares of AECOM from $126.00 to $139.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Eleven research analysts have rated the stock with a Buy rating, According to MarketBeat, AECOM currently has an average rating of “Buy” and an average price target of $133.20.

AECOM Stock Performance

Shares of NYSE ACM opened at $128.85 on Friday. The company has a market cap of $17.07 billion, a P/E ratio of 28.07, a P/E/G ratio of 1.74 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. The firm’s fifty day moving average is $125.53 and its two-hundred day moving average is $112.65. AECOM has a 52-week low of $85.00 and a 52-week high of $133.81.

AECOM (NYSE:ACM) last announced its quarterly earnings data on Monday, August 4th. The construction company reported $1.34 earnings per share (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 business had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $4.33 billion. During the same quarter last year, the firm earned $1.16 earnings per share. The firm’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. As a group, analysts anticipate that AECOM will post 5.1 EPS for the current fiscal year.

AECOM Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Wednesday, October 1st will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.8%. The ex-dividend date is Wednesday, October 1st. AECOM’s dividend payout ratio (DPR) is currently 22.66%.

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.