Baird Financial Group Inc. Buys 9,306 Shares of AECOM $ACM

Baird Financial Group Inc. increased its stake in shares of AECOM (NYSE:ACM) by 20.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,151 shares of the construction company’s stock after buying an additional 9,306 shares during the quarter. Baird Financial Group Inc.’s holdings in AECOM were worth $6,224,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Archer Investment Corp lifted its position in AECOM by 9.3% during the second quarter. Archer Investment Corp now owns 1,175 shares of the construction company’s stock worth $133,000 after purchasing an additional 100 shares during the period. Pallas Capital Advisors LLC increased its holdings in AECOM by 2.1% in the 2nd quarter. Pallas Capital Advisors LLC now owns 5,214 shares of the construction company’s stock valued at $588,000 after buying an additional 107 shares during the period. Allworth Financial LP raised its position in shares of AECOM by 38.5% in the 2nd quarter. Allworth Financial LP now owns 392 shares of the construction company’s stock valued at $44,000 after buying an additional 109 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of AECOM by 21.1% during the 2nd quarter. Signaturefd LLC now owns 707 shares of the construction company’s stock worth $80,000 after acquiring an additional 123 shares during the period. Finally, Atria Wealth Solutions Inc. boosted its position in shares of AECOM by 4.1% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 3,308 shares of the construction company’s stock worth $373,000 after acquiring an additional 131 shares in the last quarter. 85.41% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ACM has been the subject of several research analyst reports. Baird R W downgraded shares of AECOM from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Barclays lowered their price target on AECOM from $145.00 to $135.00 and set an “overweight” rating for the company in a report on Thursday, November 20th. National Bank Financial assumed coverage on AECOM in a research note on Wednesday, October 8th. They issued an “outperform” rating and a $151.00 price objective on the stock. Truist Financial lifted their target price on AECOM from $146.00 to $148.00 and gave the company a “buy” rating in a research report on Friday, November 21st. Finally, Wall Street Zen downgraded AECOM from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $141.90.

AECOM Price Performance

AECOM stock opened at $100.28 on Wednesday. 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 market capitalization of $13.28 billion, a PE ratio of 23.82, a P/E/G ratio of 1.47 and a beta of 1.05. AECOM has a 12 month low of $85.00 and a 12 month high of $135.52. The stock has a 50-day moving average price of $123.36 and a two-hundred day moving average price of $119.87.

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

AECOM Increases Dividend

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

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.