1832 Asset Management L.P. Takes $1.47 Million Position in AECOM $ACM

1832 Asset Management L.P. bought a new stake in shares of AECOM (NYSE:ACM) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 12,977 shares of the construction company’s stock, valued at approximately $1,465,000.

Several other hedge funds also recently bought and sold shares of the company. MAI Capital Management bought a new stake in AECOM during the first quarter valued at about $28,000. Caitong International Asset Management Co. Ltd grew its position 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 in the last quarter. SVB Wealth LLC purchased a new stake in shares of AECOM during the first quarter worth about $33,000. Allworth Financial LP raised its stake in AECOM by 38.5% during the 2nd quarter. Allworth Financial LP now owns 392 shares of the construction company’s stock valued at $44,000 after purchasing an additional 109 shares during the period. Finally, Hantz Financial Services Inc. raised its stake in AECOM by 604.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 458 shares of the construction company’s stock valued at $52,000 after purchasing an additional 393 shares during the period. Institutional investors own 85.41% of the company’s stock.

AECOM Stock Down 2.5%

Shares of NYSE:ACM opened at $102.50 on Friday. The company has a market cap of $13.58 billion, a price-to-earnings ratio of 24.35, a PEG ratio of 1.48 and a beta of 1.05. AECOM has a 12 month low of $85.00 and a 12 month high of $135.52. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.98. The company has a 50-day moving average price of $124.53 and a 200 day moving average price of $119.87.

AECOM (NYSE:ACM) last issued its quarterly earnings data on Tuesday, November 18th. The construction company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.34 by $0.02. The company had revenue of $4.18 billion for the quarter, compared to analysts’ expectations of $4.31 billion. AECOM had a return on equity of 27.35% and a net margin of 3.48%.The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.27 earnings per share. AECOM has set its FY 2026 guidance at 5.650-5.850 EPS. As a group, equities research analysts predict that AECOM will post 5.1 earnings per share for the current year.

AECOM Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 23rd. Investors of record on Wednesday, January 7th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.2%. The ex-dividend date is Wednesday, January 7th. This is a boost from AECOM’s previous quarterly dividend of $0.26. AECOM’s payout ratio is currently 24.70%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ACM. Wall Street Zen downgraded AECOM from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Baird R W downgraded shares of AECOM from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. UBS Group cut their target price on shares of AECOM from $153.00 to $148.00 and set a “buy” rating for the company in a research note on Wednesday, November 19th. National Bank Financial began coverage on shares of AECOM in a report on Wednesday, October 8th. They issued an “outperform” rating and a $151.00 price target on the stock. Finally, Citigroup boosted their price target on shares of AECOM from $150.00 to $152.00 and gave the stock a “buy” rating in a research note on Wednesday, November 19th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, AECOM has an average rating of “Moderate Buy” and an average target price of $141.90.

AECOM 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.