AECOM (NYSE:ACM) CFO Sells $4,890,416.00 in Stock

AECOM (NYSE:ACM) CFO Gaurav Kapoor sold 42,400 shares of AECOM stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $115.34, for a total value of $4,890,416.00. Following the transaction, the chief financial officer now directly owns 31,228 shares in the company, valued at approximately $3,601,837.52. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

AECOM Trading Down 2.6 %

Shares of AECOM stock traded down $2.96 on Thursday, hitting $111.16. 481,207 shares of the company traded hands, compared to its average volume of 781,853. The company has a market cap of $14.90 billion, a PE ratio of 61.34, a PEG ratio of 1.63 and a beta of 1.17. AECOM has a 52 week low of $77.84 and a 52 week high of $115.74. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.98. The stock’s 50 day moving average price is $102.87 and its 200-day moving average price is $94.81.

AECOM (NYSE:ACM) last issued its quarterly earnings results on Monday, August 5th. The construction company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.04. The business had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $1.85 billion. AECOM had a return on equity of 24.14% and a net margin of 1.61%. The business’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.94 earnings per share. Equities research analysts predict that AECOM will post 4.46 EPS for the current year.

AECOM Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, October 2nd were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 0.79%. The ex-dividend date of this dividend was Wednesday, October 2nd. AECOM’s payout ratio is 47.31%.

Institutional Investors Weigh In On AECOM

Several hedge funds have recently added to or reduced their stakes in ACM. Ninety One UK Ltd acquired a new position in shares of AECOM during the 2nd quarter worth about $46,109,000. International Assets Investment Management LLC acquired a new position in shares of AECOM in the third quarter valued at approximately $42,201,000. DekaBank Deutsche Girozentrale grew its holdings in shares of AECOM by 451.9% in the first quarter. DekaBank Deutsche Girozentrale now owns 481,769 shares of the construction company’s stock valued at $47,617,000 after purchasing an additional 394,481 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in AECOM by 18.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,628,924 shares of the construction company’s stock worth $143,573,000 after acquiring an additional 258,250 shares in the last quarter. Finally, Impax Asset Management Group plc grew its holdings in AECOM by 15.5% during the 2nd quarter. Impax Asset Management Group plc now owns 1,752,487 shares of the construction company’s stock worth $154,464,000 after acquiring an additional 235,350 shares in the last quarter. 85.41% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ACM has been the topic of several research reports. Royal Bank of Canada boosted their target price on AECOM from $112.00 to $113.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. KeyCorp increased their target price on AECOM from $99.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, October 7th. Robert W. Baird upped their price target on AECOM from $96.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, August 7th. Barclays increased their target price on AECOM from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, August 8th. Finally, StockNews.com upgraded AECOM from a “hold” rating to a “buy” rating in a research note on Sunday, October 27th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, AECOM presently has an average rating of “Buy” and an average price target of $112.29.

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.