Barrow Hanley Mewhinney & Strauss LLC lifted its position in AECOM (NYSE:ACM – Free Report) by 0.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,210,130 shares of the construction company’s stock after buying an additional 15,448 shares during the quarter. Barrow Hanley Mewhinney & Strauss LLC owned about 1.67% of AECOM worth $288,356,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of ACM. Great Lakes Advisors LLC lifted its position in AECOM by 14.9% during the 1st quarter. Great Lakes Advisors LLC now owns 2,366 shares of the construction company’s stock worth $219,000 after acquiring an additional 306 shares during the last quarter. Empowered Funds LLC increased its stake in shares of AECOM by 62.6% in the first quarter. Empowered Funds LLC now owns 14,266 shares of the construction company’s stock worth $1,323,000 after purchasing an additional 5,493 shares during the period. Focus Partners Wealth lifted its position in shares of AECOM by 6.9% during the 1st quarter. Focus Partners Wealth now owns 4,150 shares of the construction company’s stock worth $385,000 after purchasing an additional 269 shares during the last quarter. Savant Capital LLC boosted its stake in AECOM by 31.6% during the 2nd quarter. Savant Capital LLC now owns 2,877 shares of the construction company’s stock valued at $325,000 after purchasing an additional 691 shares during the period. Finally, Vestmark Advisory Solutions Inc. bought a new stake in AECOM during the 2nd quarter valued at approximately $249,000. 85.41% of the stock is owned by institutional investors.
AECOM Stock Down 2.9%
Shares of NYSE:ACM opened at $91.37 on Wednesday. The company’s fifty day moving average is $96.58 and its 200-day moving average is $112.01. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.10 and a current ratio of 1.10. AECOM has a 52 week low of $85.00 and a 52 week high of $135.52. The company has a market capitalization of $11.81 billion, a PE ratio of 25.96, a P/E/G ratio of 1.16 and a beta of 1.06.
AECOM Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Investors of record on Wednesday, April 1st will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, April 1st. AECOM’s dividend payout ratio (DPR) is currently 35.23%.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on ACM shares. Royal Bank Of Canada upped their price target on AECOM from $139.00 to $142.00 and gave the stock an “outperform” rating in a report on Wednesday, February 11th. Barclays upped their target price on shares of AECOM from $100.00 to $110.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 11th. Citigroup decreased their price target on shares of AECOM from $152.00 to $131.00 and set a “buy” rating on the stock in a research report on Monday, January 26th. Truist Financial reaffirmed a “buy” rating and set a $132.00 price objective (up from $126.00) on shares of AECOM in a research report on Wednesday, February 11th. Finally, The Goldman Sachs Group reduced their target price on shares of AECOM from $148.00 to $127.00 and set a “buy” rating for the company in a research note on Wednesday, January 28th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, AECOM presently has an average rating of “Moderate Buy” and a consensus price target of $130.09.
About AECOM
AECOM is a multinational infrastructure consulting firm that provides a broad range of professional technical and management services. Its core offerings include architecture and engineering design, program and construction management, environmental remediation and consulting, and operations and maintenance support. The company works across the full project lifecycle from planning and design through construction and long‑term asset management.
AECOM serves public- and private-sector clients in major built-environment markets, including transportation (roads, bridges, rail, airports), water and wastewater systems, buildings and places, energy and power, and environmental services.
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